Greater China
Another Courage Marine ship scrapped
Hong Kong: Courage Marine, the listed vehicle of the Hsu family, has sold a 1984-built bulk carrier for $4.34m for…
Read More »Noble and K Line tie the knot
Hong Kong: Noble Chartering, the dry bulk chartering arm of Hong Kong commodity trader Noble Group, and Japan’s Kawasaki Kisen…
Read More »APM Terminals readies another big Chinese investment
Copenhagen: APM Terminals, the ports arm of Danish shipping giant A.P. Moller-Maersk will sign a more than 3bn Danish crowns…
Read More »Giant oil storage plant slated for Tianjin
Beijing: Tianjin will build a 200,000 cu m oil storage plant by 2015, taking the number of such large-scale plants…
Read More »Yangzijiang boss donates $750m to foundation for senior citizens
Singapore: The founding chairman of Yangzijiang Shipbuilding, Ren Yuanlin, has donated US$750m worth of his stocks in the group to…
Read More »Voyager of the Seas heading to Taiwan
Taipei: Royal Caribbean will send its Voyager of the Seas, a 140,000 gt liner which can accommodate 3,800 passengers and…
Read More »CSSC to issue RMB6bn worth of bonds
Shanghai: China State Shipbuilding Corp plans to issue RMB6bn worth of medium term notes with a maturity of ten years…
Read More »Wisdom Marine fleet to hit 83
Taipei: Taiwan-based Wisdom Marine currently owns a fleet of 77 ships. The company expects another six to join the fleet…
Read More »Banks seize Dongfang tankers
Singapore: Credit Suisse and a group of Chinese banks have seized seven Dongfang Shipbuilding tankers due to outstanding debts of…
Read More »Green maritime aspirations
Beijing: Li Shenglin, Minister of China’s Ministry of Transport, recently has emphasized that China must accelerate the establishment of a…
Read More »