Greater China
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PetroChina issues RMB20bn bond
Beijing: PetroChina has announced its plans for a first bond issuance in 2013. It will issue RMB15bn with maturity of…
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Jinzhou port plans non-public offering
Dalian: Jinzhou port announced late 12 March the company is planning a non-public offering of 440.5m shares to raise no…
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CSC Phoenix mortgages ships
Shanghai: Financially troubled CSC Phoenix is to apply for RMB621m in loans through ship mortgages to ease its current predicament.…
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Cosco Logistics sold back to parent
Shanghai: As it desperately tries to avoid an embarrassing delisting in Shanghai for repeated annual losses China Cosco Holdings announced…
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Ningbo port plans RMB1bn bond issue
Shanghai: Ningbo port, one of the leading container operators in China, plans a RMB1bn domestic bond issue to replenish its…
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SITC optimistic about intra-Asia market
Shanghai: SITC International Holdings released its 2012 results yesterday. It achieved revenue of $1.2bn in 2012, up 13.6% year-on-year and…
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China Shipping Haisheng appoints new head
Shanghai: In a board meeting yesterday, China Shipping Haisheng has appointed Chen Bin as the new general manager of the…
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Calls to link Liaoning and Shandong
Dalian: Hui Kai, president of Dalian Port Group and Mu Fanmin, chairman of Penglai Jinchuang Group, have together submitted a…
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Shanghai MHI Engine launches
Shanghai: Shanghai MHI Engine, the diesel engine manufacturer jointly set up by Mitsubishi Heavy Industries Ltd (MHI) and Shanghai Diesel…
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MacGregor wins Shanghai conro deals
Shanghai: Cargotec's MacGregor has received an order to deliver a total package of cargo access equipment for five new container/roro…
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Peak in iron ore imports fast approaching: Deutsche Bank
Frankfurt: China's iron ore imports may reach one billion tonnes over the next couple of years and are anticipated to…
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Zhejiang Energy exercises tender offer for Ningbo Marine
Shanghai: After almost a year’s delay, Zhejiang Energy’s tender offer for Ningbo Marine has finally implemented. The deadline for the…
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Qingdao’s 400,000-tonne iron ore terminal commences operation
Dalian: Qingdao Port Group has started the operation of its new 400,000-tonne iron ore terminal at Dongjiakou port which is…
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China Shipping newbuild blown out to sea in gale
Dalian: A 300,000dwt bulker of China Shipping which is under construction at the shipyard of Dalian Shipbuilding Industry Co (DSIC)…
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Wang Zuwen: Improve soft power in shipping
Beijing: China’s shipping industry has developed fast in recent years, however, the soft power of shipping is still lagging behind…
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Vroon goes with Cosco Guangdong
Guangzhou: Ulstein is to deliver the design and power package for two platform supply vessels of the PX121 design for…
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Hong Kong’s marine HR issues see urgent bill passed
Hong Kong: The Pilotage (Amendment) Bill 2013, which aims to amend the Pilotage Ordinance to meet the pilotage sector's and…
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Baosteel boss forecasts steel slowdown
Shanghai: He Wenbo, General Manager of China’s largest listed steel company Baosteel, reckons the growth of steel demand in China…
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Too many “shipping centers†in China: Liu Mingkang
Beijing: In a group discussion of the ongoing National Committee of the Chinese People's Political Consultative Conference (CPPCC), committee member…
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Pacific Basin’s focused attitude
Hong Kong: Mats Berglund, the Swedish ceo of Hong Kong’s largest bulker operator, Pacific Basin, talks to our sister site…
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