Greater China
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Grand China’s takeover of Tianjin Marine questioned
Dalian: Tianjin Marine’s controlling shareholder, Grand China Logistics, was reported by a former employee of Tianjin Marine for a…
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Jiangnan Changxing signs 16,000 teu boxships
Shanghai: Waigaoqiao-controlled Jiangnan Changxing Heavy Industry has signed a shipbuilding contract with CSSC Shipping (Hong Kong) to construct three 16,000 teu…
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Sohmen warns downturn could last 3 more years
Hong Kong: The recession in shipping will last another “two to three years”, warns the chairman of BW Group over…
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BW Group: Stop ordering new ships
Hong Kong: Few opinions in shipping are more keenly sought than Dr Helmut Sohmen’s, the chairman of the BW Group,…
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China coastal shipping drops to historic low
Beijing: China's coastal shipping sector slumped to a historic low in the first half, and is unlikely to see any improvement…
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First merchant ship on Arctic Northeast route sails
Dalian: China’s first merchant ship to head to Europe via the Arctic Northeast waterways kicked off its maiden voyage yesterday…
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Sinotrans Shipping stays in the black
Hong Kong: Hong Kong-listed Sinotrans Shipping yesterday announced its interim results. Net profit of the company plunged 92% to $1.61m,…
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Mawei orders 24 propulsion transformers from ABB
Shanghai: Fujian Mawei Shipbuilding has ordered 24 dry-type propulsion transformers from ABB for installation in 12 diesel-electric powered offshore platform…
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Zhoushan issues new shipping support policies
Shanghai: The city of Zhoushan in Zhejiang province has recently issued a series of new shipping policies to help local…
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Zhuhai port to develop drop and pull transport
Guangzhou: Zhuhai Port Group announced yesterday that the Ministry of Transport will provide policy support and subsidies to a drop…
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Brightoil starts bunker service at Zhoushan port
Hong Kong: Hong Kong-listed Brightoil has started bunker fuel supply from the east China port Zhoushan. The company delivered the…
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Pearl River ECA progresses
Hong Kong: The managing director of the Hong Kong Shipowners Association, Arthur Bowring, has spoken with our sister site…
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Cosco Pacific signs LOI with Rizhao port
Dalian: Cosco Pacific and Rizhao Port Group have signed a letter of intent yesterday to jointly operate the multi-purpose terminals…
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JES inks $40m credit facility
Shanghai: JES International Holdings, the parent company of Jiangsu Eastern Shipbuilding, announced that it has entered into a letter of…
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Two more CSC Phoenix vessels to be auctioned
Shanghai: CSC Phoenix announced that two vessels, Chang Hang Jing Hai and Chang Hang Mao Hai, will be auctioned on…
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CNPC and CSSC in cooperation agreement
Beijing: The two leading Chinese companies in energy and shipbuilding, CNPC and CSSC, have signed strategy cooperation agreement in Beijing.…
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Greek site Naftrade joins Asia Shipping Media stable
Singapore: Asia Shipping Media (ASM), the publisher of SinoShip News, has concluded its first international acquisition, taking over Greek news…
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Nanjing Hengrui Shipping boss does a runner
Shanghai: The boss of Nanjing Hengrui Shipping has run away and is currently nowhere to be found. It is reported…
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HNSS receives government subsidy
Shanghai: Hainan Strait Shipping (HNSS) announced today that the company has received RMB29.07m in financial subsidies from the local government.…
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Italian owners exercise options at AVIC Weihai
Dalian: Two Italian owners Visentini and Globeco have decided to exercise their options for three handysize bulkers at AVIC Weihai…
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