Greater China
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China Merchants splashes over $500m on eight newbuilds
China Merchants Energy Shipping (CMES) has added eight newbuilds to its orderbook in a deal worth around $508m. The diversified…
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Fujian Shipping signs for pair of ultramaxes at Nantong Xiangyu
Fujian Shipping Group has placed an order for two ultramax bulk carriers at compatriot builder at Nantong Xiangyu Shipbuilding &…
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Winning bolsters newcastlemax arm
Chinese capesize specialist Winning International Group has another newcastlemax on its books. The Singapore-based bulker giant has reached a deal…
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Seacon buys chemical tankers in leaseback deal with Union Maritime
Busy Chinese shipowner and operator Seacon Shipping has picked up a pair of chemical and product tankers for $28m. The…
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Yangzijiang sells abandoned jackup rig
Yangzijiang Shipbuilding has taken advantage of the tight offshore drilling rig market to finally offload a jackup unit left stranded…
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Van Oord wins cable laying contract off Taiwan
Van Oord has been awarded a contract by Danish renewables developer Ørsted for the Greater Changhua 2b and 4 offshore…
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China Merchants fixes two LNG newbuilds to PetroChina
China Merchants Energy Shipping (CMES) has struck a deal with compatriot energy giant PetroChina to charter out a pair of…
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Five out of the 10 largest Chinese shipowners are leasing institutions
Five out of the 10 largest Chinese shipowners are leasing institutions, data from shipowner association BIMCO shows. “The entry of…
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Seacon to buy and then sell bareboat-chartered supramax
Hong Kong-listed Seacon Shipping is shipping out the 2010-built supramax bulker it currently has on charter under a bareboat agreement.…
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Dynacom selects Yangzijiang for LR1 pair
George Procopiou’s Dynacom Tankers Management has put pen to paper for a pair of 75,000 dwt LR1 product tankers at…
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Anemoi pens deal with Chinese shipbuilder for LNG carrier rotor sail design
British supplier of rotor sails for commercial vessels, Anemoi Marine Technologies, has entered into a joint design cooperation agreement with…
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Tech expert takes the reins at OOCL
A Chinese tech expert has been appointed by COSCO to run Orient Overseas (International) Limited (OOIL), the holding company of…
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Russia in talks with China to develop shipyards
Russia is in talks with China to develop shipbuilding expertise across the world’s largest country. Andrey Kostin, CEO of Russia’s…
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LA and Guangzhou form green corridor pact
Los Angeles now has green corridor links to more destinations in Asia than any other port with Guangzhou in south…
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Celsius boosts LNG carrier orderbook at China Merchants
Celsius Tankers, a unit of Danish owner Celsius Shipping, has added to its LNG carrier orderbook in China. The Jeppe…
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Growing dominance of the Ocean Alliance risks running the wrath of regulators
The Ocean Alliance risks running the wrath of regulators given how large it is set to become in the coming…
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Semco and PTSC awarded Taiwanese wind farm contract
Semco Maritime and PTSC Mechanical & Construction (PTSC M&C) consortium has won an engineering, procurement and construction (EPC) contract from…
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Chinese iron ore inventories slip below 100m tons
Iron ore port stocks in China have slipped to below the 100m ton mark for the first time since September…
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Chinese boxship becomes focus of Baltic pipeline damage probe
A Chinese containership is at the centre of a Finnish inquiry into possible sabotage of the Balticonnector gas pipeline linking…
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Vincent Toe stepping down from Yangzijiang Financial CEO role
The chief executive officer (CEO) of Singapore-listed Yangzijiang Financial, Vincent Toe, has decided to leave the company in six months’…
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