Greater China
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Ministry of Transport might ease restrictions on valemaxes
Beijing: China may ease the restrictions on Vale’s VLOCs entering Chinese ports. The Ministry of Transport (MOT) has recently sent…
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HNA Logistics to take control of Tianjin Marine
Beijing: Tianjin Marine today announced a detailed financing plan which will see a change in its ownership. The company will…
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Golden Ocean cancels three Jinhai panamaxes
Shanghai: Following Frontline 2012’s decision to cancel its VLCC orders at Jinhai Heavy Industry, another John Fredriksen company, Golden Ocean,…
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Lonyer Fuels and ENN Energy to jointly develop LNG supply chain
Shanghai: Shanghai Lonyer Fuels announced today that it has signed a strategic framework agreement with ENN Energy to jointly develop…
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Nanjing Tanker works on potential restructure
Shanghai: Nanjing Tanker, the tanker arm of Sinotrans & CSC, announced an RMB728m net loss for the first half of…
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China’s largest inland port starts trials
Shanghai: China’s largest inland logistics port project, Chongqing Guoyuan Port, has started trial operation. The RMB10bn project has a designed…
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ZPMC bags rig contract
Shanghai: Shanghai Zhenhua Heavy Industries (ZPMC) announced today it has signed a sales contract with Singapore owner KS Drilling for…
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TMT jittery about C Ladybug’s clipped wings
Taipei: Struggling TMT has claimed vehicle exporters in Africa, Europe and China are facing losses as a result of legal…
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Fujian to build super large ore terminal
Shanghai: Following the operation of the 250,000 dwt class channel at Fujian Meizhouwan, the port is planning to build a…
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Kalmar shifts RTG production to Taicang
Shanghai: Kalmar, part of Cargotec, will relocate the production of rubber-tyred gantry cranes (RTGs) from Cargotec Industries (China) Co., Ltd.,…
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Sinotrans to integrate core business with parent
Hong Kong: Hong-Kong listed Sinotrans Limited is considering a possible reorganization with the parent company Sinotrans & CSC Group, Zhang…
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CIMC establishes jv with Baosteel and Nippon Steel
Shanghai: China International Marine Containers (CIMC) has signed an agreement with Baosteel and Nippon Steel & Sumitomo Metal yesterday to…
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Grand China’s equity in Tianjin Marine frozen
Dalian: Tianjin Marine announced that all the equities of the controlling shareholder Grand China Logistics have been frozen. The company…
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Offshore will not save Chinese shipyards
Shanghai: At the 4th China International Offshore Engineering Summit held yesterday in Shanghai, Wu Jusheng, General Manager of Maritime Consultation…
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HKND: The man behind the Nicaragua Canal
Beijing: For the past two months, the spotlight in the world’s shipping industry has turned to the Nicaragua Canal project…
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DSIC wins bid for COSL rigs
Dalian: Dalian Shipbuilding Industry Co (DSIC) has won a bid from COSL to build one semi-submersible drilling rig and one…
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New policy to support ‘capable’ shipyards
Beijing: Amid the harsh shipbuilding market, the Chinese government will offer favourable tax policies and technical assistance to ‘capable’ shipyards…
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Cosco International to push transformation
Hong Kong: Cosco International, the shipping services arm of the leading state-owned shipping line Cosco, will push forward the development…
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Carnival introduces new service to China
Shanghai: Carnival announced that the company is to introduce its Princess Cruises brand to China next year, taking China’s biggest…
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NDRC to ban new shipbuilding capacity
Beijing: The National Development and Reform Commission (NDRC) has announced that it will start to ban new shipbuilding capacity in…
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