Greater China
Shipping Corp of India nixes China calls
Mumbai: Shipping Corporation of India (SCI), the largest state run shipping company in the sub-continent, will discontinue its liner operations…
Read More »Rongsheng under fire for failure to complete engine buyout
Hong Kong: China’s largest private shipyard, Jiangsu Rongsheng Heavy Industries, has come under fire from investors failing to complete a…
Read More »Scrapping set to spiral
Dalian: Ship recycling yards in China are anticipating a deluge of business as owners rush to cash in before steel…
Read More »DSIC aframax order denied
London: Tor Olav Troim, the right hand man of John Fredriksen, recently said that there is no truth in the…
Read More »CSSC boss appointed Liaoning vice governor
Dalian: Tan Zuojun, former General Manager of China State Shipbuilding Corp (CSSC) and Chairman of the Board at CSSC Holdings,…
Read More »Direct cargo link to Japan for Humen port
Shanghai: Humen port has inked a letter of intention for cooperation with Shanghai Pan Asia Shipping to open Japanese routes.…
Read More »Evergreen finally seals ultra large boxships deal
Taipei: Evergreen has finally concluded its deal to charter ten 13,800 teu ships and has opted to charter from…
Read More »MoU between Dalian and Antwerp ports
Dalian: Antwerp Port Authority has signed a Memorandum of Understanding with Dalian Port Authority. In the MoU both parties express…
Read More »Dalian to launch coking coal futures contract
Dalian: Dalian Commodity Exchange will launch the world's first coking coal futures contract by the end of July. China is…
Read More »Financial tsunami rolls in as Sanko declares bankruptcy
Hong Kong: Sanko Steamship applied for bankruptcy today becoming the single biggest casualty since the shipping crisis began in 2008.…
Read More »Beijing mulls protectionist moves
Shanghai: The transport ministry is mulling restrictions on foreigners shipping Chinese cargoes as well as giving tax benefits to local…
Read More »Jin Jiang expands logistics business with Japanese partners
Shanghai: Shanghai Jin Jiang Shipping has inked an agreement with Japanese warehouse and logistics companies, Sumitomo Warehouse and Mitsui-Soko in…
Read More »CSSC opens shipping unit in Hong Kong
Hong Kong: China State Shipbuilding Corp has established a shipping unit in Hong Kong following other yards keen to enter…
Read More »Samsung Ningbo starts newbuilding
Shanghai: Samsung Heavy Industries (Ningbo), a hatch cover and block manufacturer in China, is entering the newbuilding market. Samsung-Ningbo…
Read More »Domestic coal shipping under severe pressure
Shanghai: Small domestic lines focused on the coastal coal market are hurting, with many expected to declare bankruptcy this year.…
Read More »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…
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