New York: China’s rampant oil imports are the subject of the latest weekly report from brokers Poten & Partners. The US outfit is convinced Chinese oil import growth will continue strongly through to 2016, but asks where the rest of...Greater China
Hong Kong: Hong Kong banks will be able to make better use of their yuan assets according to the Hong Kong Monetary Authority, Fitch Ratings said...Greater China
Taipei: Douglas Hsu, chairman of the Far Eastern Group, said subsidiary U-Ming Marine Transport Corp, will get more new ships to respond to an upcoming rebound in the...
Kuala Lumpur: Malaysian firm Sime Darby has committed to invest $439.08m over the next three years to grow its port operations in Weifang, Shandong province. Sime is...Greater China
Copenhagen: Leaders from the Ningbo Port Group and APM Terminals were on hand Friday to sign a major agreement that creates a new level of cooperation in the fastest...Greater China
Beijing: The seventh China cruise industry development conference, which is the annual official cruise industry event held by China Communication and Transportation...Greater China
Hong Kong: Noble Chartering, the dry bulk chartering arm of Hong Kong commodity trader Noble Group, and Japan’s Kawasaki Kisen Kaisha, Ltd (“K” Line)...Greater China
Copenhagen:
APM Terminals, the ports arm of Danish shipping giant A.P. Moller-Maersk will sign a more than 3bn Danish crowns ($502.82m) investment deal on a new...Greater China
Beijing: China Communications Construction Company has signed a deal with the Vietnam Electricity Group EVN to build a $180.9m port to service power plants in the...Greater China
Hong Kong: Courage Marine, the listed vehicle of the Hsu family, has sold a 1984-built bulk carrier for $4.34m for scrap. The 66,741 dwt panamax, Courage, will...
Singapore: The founding chairman of Yangzijiang Shipbuilding, Ren Yuanlin, has donated US$750m worth of his stocks in the group to Yuanlin Charity Foundation, which...Greater China
Taipei: Royal Caribbean will send its Voyager of the Seas, a 140,000 gt liner which can accommodate 3,800 passengers and was previously based in the Caribbean, to...Greater China
Shanghai: China State Shipbuilding Corp plans to issue RMB6bn worth of medium term notes with a maturity of ten years on the interbank market on June 19.
According to...Greater China
Taipei: Taiwan-based Wisdom Marine currently owns a fleet of 77 ships. The company expects another six to join the fleet in the second half of this year, including...Greater China
Beijing: Tianjin will build a 200,000 cu m oil storage plant by 2015, taking the number of such large-scale plants to four in this sprawling northeastern port...Greater China
Singapore: Credit Suisse and a group of Chinese banks have seized seven Dongfang Shipbuilding tankers due to outstanding debts of around $250m after the Singapore...Greater China
Beijing: Li Shenglin, Minister of China’s Ministry of Transport, recently has emphasized that China must accelerate the establishment of a low carbon transport...
