Greater China
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Chinese race up the breakbulk ranks
Shanghai: Chinese operators continue to climb the ranks of the world’s top breakbulk players according to a new report from…
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Wison and Black & Veatch team up to chase offshore LNG projects
Shanghai: Shanghai-based Wison Offshore & Marine Ltd, a subsidiary of the Wison Group, announced today the signing of a memorandum…
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Titan gets more funds for restructuring
Hong Kong: Financially struggling Titan Petrochemicals has announced that the company has entered into agreements with two companies for bonds…
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China’s shale gas plans debated
Singapore: China, the game-changing impact of shale gas on the global energy market and the supply of LNG vessels were…
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Evergreen Line strengthens Red Sea network
Taipei: Evergreen Line will partner with CMA CGM to create its new South Red Sea Service (SRS2) linking Southeast Asia,…
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Masters involved in last year’s HK ferry disaster face manslaughter charges
Hong Kong: Two Hong Kong captains appeared in court yesterday accused of manslaughter over a ferry collision last year that…
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Zhenhua says it will take time to recover
Shanghai: Song Hailiang, chairman of Shanghai Zhenhua Heavy Industry (ZPMC), a world leading port machinery manufacturer, said earlier this week…
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Grand China Shipping faces liquidation
Hong Kong: Grand China Shipping, one of the subsidiaries of Shanghai-based Grand China Logistics, is facing the embarrassing situation of…
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CSC Phoenix’s troubles worsen
Shanghai: Cash strapped CSC Phoenix announced that the company might be forced to freeze some assets due to delayed repayment…
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HIT strike talks fail to reach agreement
Hong Kong: The striking workers at HIT had the first round of talks with contractors and the port operator yesterday;…
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Baosteel in talks to take over Russian assets
Beijing: As China and Russia get ever closer it is reported that China’s biggest steelmaker by market value Baoshan Iron…
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China changing shape of intra-Asia trades: Teo
Singapore: Intra-Asia trades are changing to emcompass all the way to east of Suez, says one of the sectors leading…
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Bourbon seals $1.5bn deal with ICBC
Beijing: France’s Bourbon has signed a sale-and-lease contract for 51 vessels worth up to $1.5bn with China's ICBC Financial Leasing.…
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Ship collision near Xiamen
Guangzhou: Yesterday morning a 60,000 dwt containership, flying the Panamanian flag, has hit a 40,000 dwt bulker from the Marshall…
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Less room for smaller, older ships: Andy Tung
Singapore: The ceo of Hong Kong containerline OOCL has spoken about creeping obsolescence in the liner trades. Speaking at the…
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CIMB: Chinese rig builders no threat to Singapore yards
Singapore: Although Chinese rig builders have recently made some breakthroughs in rig building, they still are no threat to Singapore…
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Dalian Port to build automotive terminal at Dayaowan
Dalian: Dalian Port Group, Dalian Free Trade Zone and Anji Automotive Logistics have signed a cooperative agreement yesterday to develop…
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CSD expects 2.8m dwt in new capacity this year
Shanghai: China Shipping Development expects to have 2.776m dwt in new capacity this year, including six oil tankers iequating to…
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Middle East – China oil trade set for exponential growth
Singapore: In an exhaustive research programme launched yesterday by a trio of British establishments – Lloyd’s Register, Qinetiq and the…
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Wei apologises to shareholders
Guangzhou: In a contrite mood, the chairman of China Cosco Holdings, among the most heavily critiscised stock listed companies of…
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