Greater China
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Shanghai gets nod for free trade zone
Shanghai: The Shanghai free trade zone project received approval from the State Council yesterday, which will further allow the city…
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CIMC inks seven newbuilds for charter to MSC
Dalian: Following on from its deal last year with France’s CMA CGM, China International Marine Containers (CIMC) has signed a…
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STX Dalian gets support from creditors
Dalian: The creditor group of STX Offshore & Shipbuilding plans to offer support to help normalize the business operations of…
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Hantong bags four bulkers
Shanghai: Jiangsu Hantong Ship Heavy Industry has received an order for two ultramax bulkers plus two options from Norwegian shipowner…
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Bohai Shipbuilding inks bulker pair
Dalian: CSIC Bohai Shipbuilding Heavy Industry has received a two plus two option order for 205,000dwt bulkers from Frontline 2012.…
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Worker protest at Rongsheng
Shanghai: Hundreds of workers from Rongsheng Heavy Industries gathered at the main gate of the shipyard yesterday and protested against…
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Qinfa Group terminates shipbuilding contract
Hong Kong: Hong Kong-listed Qinfa Group, a leading coal trading company in China, announced that it has entered agreements with…
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Brightoil inks $50m loan agreement
Hong Kong: Hong Kong-based Brightoil Petroleum (Holdings) announced that a facility agreement of up to US$50m for a term of…
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Two top Chinese shipping lines exit Iran
Beijing: The two leading container shipping companies in China, Cosco Container Lines and China Shipping Container Lines, have announced they…
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Emirates signs up with Hanjin
Hong Kong: Emirates Shipping Line has a new route, the Central China India Service (CCI). Emirates signed a slot agreement…
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Ma promoted as Cosco’s Wei retires
Beijing: As first reported on SinoShip News last week Capt Wei Jiafu has stepped down as chairman of the…
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Nanjing Tanker goes international with LPG
Beijing: Nanjing Tanker, the oil transport arm of Sinotrans&CSC, has launched a new LPG trading business entering into the international…
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Zhejiang Shipping disposes of bulker
Shanghai: Taizhou Shipping, a subsidiary of Zhejiang Shipping Group announced that it had sold ageing 18,400dwt bulker Zhe Hai 323,…
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China set to take over Gwadar Port
Islamabad: China and Pakistan are going to sign an operational agreement for taking over control of Gwadar Port within a…
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Wärtsilä bags 24-vessel propulsion deal
Shanghai: Wärtsilä has inked a contract for supplying propulsion packages to 24 Bulker and MPV ships to be built in…
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Wisdom opts for Tsuneishi Cebu
Taipei: Taiwan’s Wisdom Marine has placed an order at Tsuneishi Cebu, the Japanese yard in the middle of the Philippines,…
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CCCC’s Zhu elected to American Club board
Shanghai: Members of the American P&I Club have elected the first director to come from The People’s Republic of China…
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China’s refinery plans call for more VLCCs: Poten
New York: Despite a slowing national economy brokers Poten & Partners reckon China could need an additional 96 VLCCs to…
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SITC exercises CSBC options
Shanghai: SITC has announced it has signed for options for two more ships at Taiwan’s CSBC. SITC had originally ordered…
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Beihai Port cancels RMB1.7bn financing
Guangzhou: Beihai Port announced a new asset evaluation report as well as a new restructuring plan yesterday. Beihai Port planned…
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