Greater China
North Korean cruise set to become a monthly regular
Dalian: Starting last Friday a group of intrepid travellers left the northeast Chinese province of Jilin and headed to North…
Read More »Brightoil’s first VLCC named
Ulsan: Brightoil Glory, the first VLCC of Brightoil Group, built by Korean company Hyundai Heavy Industries, has just been named.…
Read More »Taiwan FTZs are booming
Taipei: Taiwan’s bid to boost exports by adding free trade zones to its six top ports is paying off. International…
Read More »Dalian Port buys stake in Changxing Island
Dalian: Dalian Port is to purchase 45% equity in Changxing Island Company for RMB313m, according to a regulatory filing. The…
Read More »COSCO grabs kamsarmax order
Dalian: COSCO Shipyard has signed a letter of intent with Greece's Chartworld Shipping to build kamsarmax bulkers. The Greek owner…
Read More »China’s coal power projections set to jump
Shanghai: Any thoughts that China will dramatically shift away from coal as its primary source of electricity generation in the…
Read More »Wan Hai Lines likely to return to profit in second quarter
Taipei: Wan Hai Lines, Taiwan’s third-largest container shipping company by fleet size, yesterday said it would swing into profit in…
Read More »Tankers as collateral for cash-strapped Nanjing Tanker
Shanghai: So precipitous is the financial situation at Nanjing Tanker Corporation that it has had to put two of its…
Read More »Jin Jiang Shipping signs for up to eight boxships
Shanghai: Jin Jiang Shipping has signed a four plus four deal with Jiangnan Shipyard for 1,100 teu ships for an…
Read More »Another Zhejiang yard goes to the wall
Shanghai: Zhejiang Jingang Shipbuilding Co, the largest private shipbuilder in Taizhou in Zhejiang Province, has filed for bankruptcy. Moreover, there…
Read More »China Merchants Holdings to invest in Indonesian port
Jakarta: Indonesian state-owned port operator Pelindo II will ink a memorandum of understanding with China Merchants Holdings (International) in July…
Read More »Vale expects China to account for 90% of global iron ore demand
Sao Paulo: Vale, the world’s largest iron ore producer, expects Chinese demand for the mineral to keep rising in coming…
Read More »Taiwan newbuild binge might herald prices have bottomed
Taipei: Traditionally the conservative nature of Taiwan owners dictates that they have a habit of ordering new ships at the…
Read More »Wan Hai goes solo to Latin America
Taipei: Taiwan’s Wan Hai Lines is planning to open a route to western Latin America on its own, SinoShip News…
Read More »Zhanjiang fosters ASEAN links
Guangzhou: The southern port of Zhanjiang plans to launch two new shipping lines to ASEAN countries as trade between the…
Read More »CNPC to build Hainan LNG facility
Guangzhou: China National Petroleum Corp (CNPC) has won approval for a liquefied natural gas (LNG) storage project on Hainan island,…
Read More »MarDep investigating fatal collision
Hong Kong: The Hong Kong Marine Department yesterday said it is looking at the reported involvement of a “Chinese looking”…
Read More »U-Ming’s bid to cut short-term debt
Taipei: U-Ming Marine Transport will look to raise NT$2bn ($66.8m) from bonds to reduce its short-term debt. The five-year bond…
Read More »Shanghai aims for a million cruise visitors by 2015
Shanghai: Shanghai has set out ambitious goals to become a genuine world leader in cruise visitor numbers. Authorities in China’s…
Read More »Wenchong grabs first US orders
Guangzhou: Guangzhou Wenchong Shipyard has won its first ever order from the US. Seaboard Marine has signed for four 28,000…
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