Greater China
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New CFO at China Cosco Holdings
Hong Kong: Feng Jinhua has resigned as CFO at China Cosco Holdings. He is replaced by Tang Runjiang. Tang, 45,…
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SITC purchases bulk assets
Shanghai: SITC announced that the company is to purchase target companies’ assets from SITC Shipowning to expand into the…
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Chaozhou port to build new terminal
Guangzhou: Chaozhou port is to build a new oil terminal to store and transfer refined oil products. The terminal project…
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Record breaking issue of SinoShip launches
Dalian: Today sees the launch of the largest SinoShip magazine to date, timed to coincide with this year’s Marintec China.…
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Frontline 2012 cancels all VLCC orders at Jinhaiwan
Shanghai: John Fredriksen’s Frontline 2012 announced yesterday in its third quarter report that the company has cancelled the last of…
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SinoShip has plenty brewing for Marintec China
Shanghai: Asia’s largest shipping show gets underway next Tuesday through to Friday and SinoShip is front, right and centre at…
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Investigators probe HK-Macau ferry accident
Hong Kong: Marine investigators are looking into what a hydrofoil hit in the early hours this morning that forced it…
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Pacific Basin acquires seven newbuildings
Hong Kong: Hong Kong-based bulk carrier owner, Pacific Basin, is purchasing seven newbuildings for a total amount of $168.58m. The…
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PetroChina to buy stakes in Iraq oil field
Beijing: China’s largest oil and gas producer, PetroChina, will buy a 25% stake in West Qurna-I oil project in Iraq…
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COSCOL to order four MPVs
Guangzhou: Cosco Shipping Company (COSCOL) announced today that the board of the company has approved to order four 36,000dwt multi-purpose…
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Greathorse Shipping: At a canter
Shanghai: Private shipowner Greathorse, in testament to its namesake, is hitting its stride. Even as other owners flounder, Greathorse remains…
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Landmark orders for Guangzhou Huangpu Shipbuilding
Guangzhou: CSSC Guangzhou Huangpu Shipbuilding has won its first orders from overseas with KC Maritime ordering a quartet of 64,000…
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CNOOC considers Iceland investment
Hong Kong: The state-owned offshore oil and gas producer, CNOOC, is looking for investment opportunities in North Europe including Iceland.…
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Navig8 takes orderbook to 18 ships
Guangzhou: Navig8 Product Tankers has declared effective two further shipbuilding contracts for the construction of two additional eco LR2 tankers…
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CSC Phoenix facing liquidation
Shanghai: CSC Phoenix announced today it has received a notice from Wuhan Intermediate People’s Court that the court has decided…
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China Shipping to get RMB740m via selling securities
Shanghai: Towards the end of 2013, the loss-making state run shipping companies in China are eager to get back to…
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Croatian owner returns for bulker option
Shanghai: Qingshan Shipyard has won an extra contract for a 38,700 dwt handysize bulker from Croatian shipowner Atlantska Plovidba. The…
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Sinopec eyes Canada LNG project
Beijing: China’s largest oil refiner Sinopec is in talks with Apache Corp to buy a minority stake in an LNG…
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PetroChina receives notice from US court
Beijing: China’s state run oil conglomerate PetroChina announced that it has received notice from a US court related to complaints…
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Waigaoqiao eyes Malaysia’s oil and gas market
Shanghai: Waigaoqiao Shipbuilding & Offshore, a wholly owned subsidiary of Shanghai Waigaoqiao Shipbuilding,is eyeing to tap into Malaysia’s oil and…
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