Greater China
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Expansion of steel production capacity prohibited
Beijing: China is trying to solve the overcapacity problem in the steel industry by forbidding new production capacity going into…
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GSI inks another product tanker pair
Guangzhou: Guangzhou Shipbuilding International (GSI) has received an order for another two 50,000dwt product tankers from Golden Stena Bulk, a…
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ABB scores China LNG Shipping deal
Shanghai: Power firm ABB has signed a long-term preventive service agreement with China LNG Shipping International Co (CLSICO) to provide…
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Sanjin bags 4+4 bulkers
Dalian: Weihai-based Sanjin Shipbuilding announced that the company has received a four plus four 36,000dwt bulk carrier order from German…
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Crown Ocean Shipbuilding inks six OSVs
Guangzhou: Fujian Crown Ocean Shipbuilding yesterday signed a newbuilding contract with an unspecified Hong Kong owner for six OSVs. The…
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Taisheng Wind Power to control Blue Island Offshore
Shanghai: Shanghai Taisheng Wind Power Equipment Co has announced that it plans to use RMB197.88m raised funds to take over…
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Cosco cooperates with national railway arm
Beijing: China’s biggest shipping company Cosco Group has signed a strategic cooperation agreement with China Railway Materials in Beijing to…
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Largest cruiseship yet coming to China
Singapore: Royal Caribbean International’s Mariner of the Seas will become the largest ship to be based in Asia, when it…
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China’s rice imports bubble to the top
Beijing: China, the world's largest rice consumer, is on course to also be the largest rice importer this year, according…
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Shandong mining firm to invest in Peruvian iron ore project
Beijing: Zibo Hongda Mining from Shandong, China is planning to invest $1.5bn to develop an iron ore project in Peru…
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PetroChina withdraws bid for Australian gas company
Queensland: PetroChina, the national energy conglomerate in China, has withdrawn its bid to acquire WestSide Co, an Australian coal-seam gas…
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Hebei Port Group moves headquarters
Beijing: Hebei Port Group, one of the leading port opeartors in North China, will move its headquarters from Shijiazhuang city…
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MOT announces latest support to shipping
Beijing: The Ministry of Transport will put more effort to clear improper charges to shipping companies this year, He Jianzhong,…
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China’s part in the world’s biggest boxships
Dalian: As the world’s largest containerships get rolled out from Korea it has emerged that China had much to do…
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China to add to its strategic oil reserves: IEA
Beijing: China is likely to build more storage sites for its strategic petroleum reserve this year, said the International Energy…
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Top Taiwan analyst warns downturn far from over
Taipei: One of Asia’s top shipping analysts, Teddy Tsai, founder and ceo of Markis Capital, speaks to our sister…
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CSCL to dispose of ten 1,000 teu vessels
Shanghai: China Shipping Container Line (CSCL) plans to dispose of ten 1000 teu vessels which are about 20 years old…
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Nanjing Tanker listing suspended indefinitely
Shanghai: Nanjing Tanker, the tanker arm of CSC Sinotrans, has officially suspended its listing on Shanghai Stock Exchange (SSE) from…
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Guangzhou Huangpu Shipbuilding new rig offering tempts Alliance Offshore
Guangzhou: China State Shipbuilding Corporation’s Guangzhou Huangpu Shipbuilding is building two jackup drilling rigs based on a new design from…
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Deltamarin busy in China
Shanghai: Deltamarin says that its B.Delta design bulk carriers have been recently ordered by international owners to be built in…
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