Dalian: Starting last Friday a group of intrepid travellers left the northeast Chinese province of Jilin and headed to North Korea on a four-day voyage. Around 100 Chinese tourists headed for the famous Mount Kumgang (pictured) on the east coast...Region
Ulsan: Brightoil Glory, the first VLCC of Brightoil Group, built by Korean company Hyundai Heavy Industries, has just been named. The 318,000dwt Brightoil Glory will...Region
Taipei: Taiwan’s bid to boost exports by adding free trade zones to its six top ports is paying off. International trade at the six free trade zones on the...
Dalian: Dalian Port is to purchase 45% equity in Changxing Island Company for RMB313m, according to a regulatory filing. The purchase has been approved by SASAC...Region
Dalian: COSCO Shipyard has signed a letter of intent with Greece's Chartworld Shipping to build kamsarmax bulkers. The Greek owner initially planned to order two...Region
Shanghai: Any thoughts that China will dramatically shift away from coal as its primary source of electricity generation in the coming years have been dispelled in a...Region
Taipei: Wan Hai Lines, Taiwan’s third-largest container shipping company by fleet size, yesterday said it would swing into profit in the second quarter on the...Region
Shanghai: So precipitous is the financial situation at Nanjing Tanker Corporation that it has had to put two of its tankers as collateral to borrow RMB400m from CMB...Region
Shanghai: Jin Jiang Shipping has signed a four plus four deal with Jiangnan Shipyard for 1,100 teu ships for an undisclosed sum. The ships will start delivering from...Region
Shanghai: Zhejiang Jingang Shipbuilding Co, the largest private shipbuilder in Taizhou in Zhejiang Province, has filed for bankruptcy. Moreover, there are many more...
Jakarta: Indonesian state-owned port operator Pelindo II will ink a memorandum of understanding with China Merchants Holdings (International) in July for the...Region
Sao Paulo: Vale, the world’s largest iron ore producer, expects Chinese demand for the mineral to keep rising in coming years, Jose Carlos Martins, executive...Region
Taipei: Traditionally the conservative nature of Taiwan owners dictates that they have a habit of ordering new ships at the very bottom of the price cycle. Judging by...Region
Taipei: Taiwan’s Wan Hai Lines is planning to open a route to western Latin America on its own, SinoShip News can reveal. In April the line pulled out of a...Region
Guangzhou: The southern port of Zhanjiang plans to launch two new shipping lines to ASEAN countries as trade between the two giant areas grows following free trade...Region
Guangzhou: China National Petroleum Corp (CNPC) has won approval for a liquefied natural gas (LNG) storage project on Hainan island, according to Reuters.
The RMB850m...Region
Hong Kong: The Hong Kong Marine Department yesterday said it is looking at the reported involvement of a “Chinese looking” vessel in the June 20 maritime...Region
Taipei: U-Ming Marine Transport will look to raise NT$2bn ($66.8m) from bonds to reduce its short-term debt. The five-year bond is guaranteed by Bank SinoPac, and...
