Greater China
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Dalian port shelves Jinzhou acquisition
Dalian: Ruffled by alleged improper disclosure Dalian Port has given up its planned equity participation in Jinzhou Port. A lawyer…
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HK flag passes 76m gt mark
Hong Kong: The Hong Kong Shipping Register (HKSR) crossed the 76m gt mark yesterday with 2,105 ships on the register,…
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Xiamen Shipbuilding will build China’s first cruise ship
Shanghai: China’s Shanhaishu Group and Xiamen International Cruise have signed a contract for China's first self-built cruise ship with Xiamen…
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Ports America takes 10% stake in Yang Ming’s Kaohsiung facility
Taipei: Yang Ming Marine Transport Corp announced yesterday that Ports America International Holdings Cooperatief, an affiliate of Ports America Group,…
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New Cargotec venture in China sets strong revenue goals
Shanghai: Cargotec, the world’s biggest maker of container-lifting gear, said a new China venture may post annual sales of as…
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Roro red ink hurts Pacific Basin
Hong Kong: Pacific Basin dropped the most in 2012 on the local bourse after admitting its roro fleet is likely…
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CNOOC strengthens ties with Primeline
Hong Kong: China National Offshore Oil Corp(CNOOC) said this week that it has signed a production-sharing contract with Hong Kong-based…
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Wind installation vessel contract for Jiangsu firm
Shanghai: China’s Jiangsu Jiaolong Heavy Industry Group (JHI) will build a wind turbine installation vessel for an undisclosed Singapore owner…
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Taiwan ups mainland tourism drive, expected boom in cruise visits
Xiamen: Taiwan is increasing its tourism promotion across the mainland. The latest example of this came at the weekend, on…
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Yang Ming earmarks $560m for big ships
Keelung: Yang Ming Marine Transport, Taiwan’s second largest containerline by fleet size, is considering ordering new container vessels to expand…
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Huarui signs RMB600m contract with Vale
Dalian: Dalian-based Huarui Heavy Industry Group signed a contract worth RMB600m with the world’s largest iron ore supplier Vale. The…
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Strong oil import growth forecast through 2016: Poten
New York: China’s rampant oil imports are the subject of the latest weekly report from brokers Poten & Partners. The…
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Hong Kong’s offshore yuan credentials boosted
Hong Kong: Hong Kong banks will be able to make better use of their yuan assets according to the Hong…
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Panamaxes to suffer the most from overcapacity
New York: Panamaxes, not capesizes, look likely to suffer the most from overcapacity in 2013, according to Commodore Research &…
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New coo for OOCL
Hong Kong: Orient Overseas Container Line (OOCL) has appointed trading director Michael Kwok as chief operating officer, replacing Andy Tung…
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U-Ming bets on bulk rebound
Taipei: Douglas Hsu, chairman of the Far Eastern Group, said subsidiary U-Ming Marine Transport Corp, will get more new ships…
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Sime Darby will spend more on Shandong port
Kuala Lumpur: Malaysian firm Sime Darby has committed to invest $439.08m over the next three years to grow its port…
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APM Terminals signs up with Ningbo
Copenhagen: Leaders from the Ningbo Port Group and APM Terminals were on hand Friday to sign a major agreement that…
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Tianjin the location for China`s official cruise event
Beijing: The seventh China cruise industry development conference, which is the annual official cruise industry event held by China Communication…
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Noble and K Line tie the knot
Hong Kong: Noble Chartering, the dry bulk chartering arm of Hong Kong commodity trader Noble Group, and Japan’s Kawasaki Kisen…
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