Greater China
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Hebei Iron & Steel teams up with China Merchants Group
Beijing: Hebei Iron & Steel Group has signed a strategic framework agreement with China Merchants Group. Under the agreement, the…
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China, Australia, Taiwan service launching
Taipei: An Asian partnership comprising Evergreen Line, Pacific International Lines, Sinotrans and Yang Ming have announced cooperation in the China,…
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Cosco Dalian scores LNG debut
Dalian: Cosco Corporation announced that its subsidiary shipyard Cosco Dalian Shipyard has secured a contract valued over RMB500m from a…
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Samsung Heavy Industries Ningbo inks MR tankers
Shanghai: Samsung Heavy Industries Ningbo has signed a letter of intent with Greek owner Evangelos Marinakis for the construction of…
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Jiangnan wins bulkers from Diana
Shanghai: Greece’s Diana Shipping has signed newbuilding contracts with Jiangnan Shipyard for the construction of two 208,500dwt newcastlemax bulk carriers…
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GL to class world’s largest boxships
Hamburg: Germanischer Lloyd (GL) has signed a classification agreement with Hyundai Heavy Industries (HHI) for the construction of five 18,400…
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Électricité de France jumps into China coal market
Guangzhou: Électricité de France (EDF), a top utility company, has decided to jointly launch China’s first international coal price index…
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Cosco Pacific offloads CIMC stake for $1.2bn
Hong Kong: The Chinese shipping majors continue to dispose of assets to try and balance their books. The latest example…
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China Exim Bank to support Greek owners
Beijing: China Exim Bank has signed agreements with three Greek shipowners – Diana Shipping, Angelicoussis Shipping and Dynagas Shipping -to…
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GSI in potential restructuring
Guangzhou: Guangzhou Shipbuilding International (GSI) announced yesterday a possible major asset restructuring of the company. GSI has suspended the trading…
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China – Indonesia industrial park mulled
Guangzhou: An Indonesia-China industrial estate has been proposed at the port city of Fangchenggang in China’s Guangxi province. Guangxi deputy…
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MacGregor winches in plenty of China business
Guangzhou: MacGregor has secured contacts from three Chinese shipyards to provide winches to 22 anchor handling tug supply vessels (AHTS)…
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TMT’s Fortune Elephant out of luck
Singapore: One more ship linked to Nobu Su’s TMT, the tanker, Fortune Elephant, was detained last week following an application…
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Bumper bulker order for Yangzhou Guoyu Shipbuilding
Shanghai: Yangzhou Guoyu Shipbuilding has won a big order for up to nine handysize log-fitted bulkers from Norway’s Eitzen Eco…
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China’s attitude to shipmanagers discussed
Dalian: China’s demand for shipmanagement services is still nascent, but one international managers are keen to cash in on.…
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Paragon ties up Chinese loan
Beijing: Paragon Shipping has taken advantage of close Sino-Greek maritime ties to nail down a $69m loan from China Development…
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Clyde poaches Blank Rome lawyer
Hong Kong: Clyde & Co has poached Conor Warde from Blank Rome to join its Asia transport finance team in…
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Coscon and ANL to jointly operate Sino-Australian route
Shanghai: Cosco Container Lines (Coscon) and Australian National Lines (ANL) will jointly operate a Sino-Australian route from June 9. Coscon…
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Penglai Zhongbai bags 10 bulkers
Dalian: Penglai Zhongbai Jinglu Ship Industry in Shandong has inked shipbuilding contracts with Greek owner Laskaridis Shipping for four 64,000dwt…
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China to build 142 ships for Greece
Beijing: Greek Shipping Minister Kostis Moussouroulis said this weekend that the nation is to order 142 newbuildings in Chinese shipyards…
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