Greater China
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CSCL sells two vessels
Shanghai: China Shipping Container Lines (CSCL) has entered into asale and purchase agreement with CIC Didang to sell two old,…
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Good week for Nobu Su
Taipei: It’s been a good week for embattled Nobu Su’s shipping line TMT. A US judge has ruled that…
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Jinhui in dispute with Mitsubishi over late bulker newbuild
Hong Kong: Dual listed Jinhui Shipping and Transportation has moved to cancel a 58,100 dwt bulker it contracted with…
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Guangdong braces for 2013’s largest storm
Hong Kong: The most powerful storm of the year to date is expected to hit landfall near Hong Kong…
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Glowing report on Taiwan’s dry bulk firms
Taipei: A research report out yesterday painted a favourable picture for Taiwan’s dry bulk shipping firms. Noting Chinese steel…
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More woe likely for STX Dalian
Dalian: STX Dalian may well suffer from Korean creditors’ decision to cancel around $1.5bn in contracts on the books…
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Module carriers for Cosco Dalian
Dalian: BigRoll Shipping has contracted Cosco Dalian Shipyard to build two MC Class Module Carriers for the transportation of…
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Shanghaiguan wins largest ship orders to date
Shanghai: Shanhaiguan Shipbuilding Industry, part of the CSIC group of shipyards, has won its largest ships to date, with…
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Dalian Shipbuilding acquires import license for scrapping
Dalian: Dalian Shipbuilding Industry Corporation (DSIC) has announced that its subsidiary, Dalian Shipbuilding Industry Marine Services (DSIMS), has acquired an…
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U-Ming secures financing from Japan
Taipei: U-Ming Marine Transport has signed a buyer’s credit agreements with The Japan Bank for International Cooperation (JBIC) and Citibank…
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Baltic Exchange sets up office in Shanghai
Shanghai: London-based international maritime market information provider, Baltic Exchange, has set up an office in Shanghai. The new office will…
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CNOOC to start trading in Canada
Beijing: China largest offshore oil and gas producer, CNOOC announced that the company is to issue shares on the Toronto…
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Breathing space for TMT
Taipei: In the long-running battle between the Taiwanese shipping firm, TMT and its creditor banks, who have been trying to…
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Henna returns to China
Dalian: The HNA cruise ship Henna, which was detained on South Korea’s Jeju Island, has been released by authorities in…
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Xiamen Shipbuilding wins PCTC duo
Guangzhou: Norwegian shipowner Ocean Yield announced yesterday that it has entered into newbuilding contracts for two Pure Car Truck Carriers…
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CNOOC inks PSC with Smart Oil
Beijing: China’s largest offshore industry player CNOOC has singed a production sharing contract (PSC) with Smart Oil Investment for block…
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Chinese creditors urge solution to STX Dalian
Dalian: Chinese creditors are urging their Korean counterparts to solve the troubles of STX Dalian. Chinese creditors such as the…
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STX heads to visit Dalian yard
Dalian: The new management of Korean STX Shipbuilding & Offshore is planning to visit its Dalian yard with officials from…
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HNA Group’s cruise ship Henna detained
Shanghai: China's first luxury cruise liner Henna, owned by HNA Group, has been detained at a port on the South Korean island…
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CSC Phoenix lawsuits pile up
Shanghai: CSC Phoenix announced that Bank of Communications has filed a civil complaint against the company at Hubei Higher People’s…
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