Greater China
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CM Energy Shipping sees profit sinking
Shanghai: China Merchants Energy Shipping has announced its 2012 general results through the Shanghai Stock Exchange. The company has achieved…
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Zhuhai Port launches largest coal-shipping base in South China
Guangzhou: Zhuhai Port has started the operation of its new coal shipping base yesterday which is jointly invested by Shenhua…
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Platou sends encouraging signals on China iron ore prospects
Oslo: RS Platou came out yesterday with a bullish report on China’s iron ore imports, suggesting the cape slump could…
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Just a few seats left for Sailor’s Society Shipping Dinner in HK
Hong Kong: In what is likely to be one of the shipping gatherings of the year in the Special Administrative…
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Shanghai port forecasts 31.8% revenue growth
Shanghai: Shanghai port, the world’s busiest port, has predicted a bullish 31.8% growth in revenues in 2012, according to an…
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Unipec becomes world’s top VLCC charterer
Beijing: According to a report released by Poten & Partners, Unipec has overtaken Shell’s position and become the top spot…
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CLP Power Hong Kong to buy natural gas from PetroChina
Hong Kong: CLP Power Hong Kong has received approval from the Hong Kong government for a deal to purchase natural…
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Big freeze brings chaos to Bohai Bay
Dalian: Ice forming in Bohai Bay has greatly affected normal operation of ships and oilfields with reports of up to…
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Shanghai plans free trade zone in Pudong
Shanghai: A number of government departments in Shanghai are currently studying the feasibility of developing a free trade zone in…
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COSCO notched up 10m teu in 2012
Shanghai: China’s largest shipping line, COSCO, achieved 10m teu container handling volume in 2012, hitting a record high, according to…
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More capes for Waigaoqiao
Shanghai: Shanghai Waigaoqiao Shipbuilding (SWS) has recently received a one plus two options capesize order from Greek owner Thenamaris. In…
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Contract win for Rolls-Royce
Shanghai: Rolls-Royce, the global power systems company, today announced that it has won a £26m order to provide an integrated…
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Daoda signs semi-sub barge deal
Shanghai: Daoda Marine Heavy Industry is to construct a semi-submersible barge for CRCC Harbour & Channel Engineering Bureau Group. The…
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Sinotrans CSC in talks with CSSC to order 10 bulkers
Beijing: Sinotrans CSC, the largest integrated logistics service supplier in China, is reportedly in negotiations with China State Shipbuilding Corporation…
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COSCO Nantong bags two supramaxes
Shanghai: COSCO Nantong has signed a contract with Jiangsu Ocean Shipping to construct two 61000 dwt bulkers. The two vessels…
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Fujian plans for 15 new berths this year
Guangzhou: The southern Chinese province of Fujian is planning to build 15 new berths with 20m tons cargo throughput increase…
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Yong An eyes Shanghai shipping insurance
Shanghai: Amid the international shipping and finance hub development of Shanghai, another insurance company, Yong An Insurance, plans to run…
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New head at COSCO Dalian
Dalian: Dalian Ocean Shipping Company (COSCO Dalian), the tanker arm of China Ocean Shipping Company (COSCO Group), has announced in…
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MOT to regulate Mainland-Taiwan shipping rates
Beijing: Ministry of Transportation has announced a new regulation requiring operators of cross-straits container shipping services to file their rates…
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Fredriksen keys up 14-cape spree in China
Shanghai: John Fredriksen’s new firm Frontline 2012 is taking advantage of low newbuild prices. Korean shipbuilding newswire Asiasis reports that…
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