Region
-
Court approves CSC Phoenix restructure
Shanghai: CSC Phoenix announced that Wuhan People’s Intermediate Court has approved the restructuring plans of the company, which is now…
Read More » -
Jiangsu Haitong appoints new general manager
Shanghai: Jiangsu Haitong Offshore Engineering announced that it has appointed Xu Caizhong as the general manager of the company. Xu…
Read More » -
Xiamen Port to support Chaozhou Port development
Guangzhou: Xiamen Port Group announced that it will inject RMB97.3m into subsidiary Chaozhou Port Company to support its development of…
Read More » -
Shiptec China set for record show
Dalian: In just under seven months’ time marine professionals from China and around the world will be gathering for the…
Read More » -
Bimco Saleform seminars in Hong Kong and Shanghai
Hong Kong: Global shipowner body Bimco is hosting a Saleform seminar in Hong Kong on April 3. Bimco has also…
Read More » -
Sinotrans Shipping buying out assets of sister firms
Hong Kong: The ongoing consolidation and shuffling of assets at Sinotrans & CSC continues. Sinotrans Shipping announced yesterday plans to…
Read More » -
ShipMoney: Visa style payments to trim costs
Fort Lauderdale: It’s one of the great hassles and hidden expenses for finance folk working for shipowners and shipmanagers, getting…
Read More » -
Iran looks beyond Hormuz for new terminal
Dubai: Iran is planning to build a new oil terminal beyond the Strait of Hormuz. Akbar Torkan, a senior trade…
Read More » -
Gay slur lands Ashdod port union boss in hot water
Cairo: Transportation Minister Israel Katz on Tuesday demanded that Ashdod Port union chief Alon Hassan resign after Hassan called one…
Read More » -
Epic Gas gets financing from CIT
Singapore: Transportation finance firm CIT Group, has announced that CIT Maritime Finance provided a $46.4m senior secured credit facility to…
Read More » -
Vallianz issuing notes
Singapore: Singapore-listed offshore vessel player Vallianz Holdings is looking to raise S$100m by issuing two-year short-term notes. Net proceeds will…
Read More » -
Morning Glory crew to be released
Cairo: Libya will release the crew of the Morning Glory, a tanker that was stopped by the US Navy and…
Read More » -
‘Red-Med’ rail alternative to Suez Canal to start construction this year
Cairo: A $2bn, 300 km freight rail link connecting Eilat, on the Red Sea, with Ashdod Port, on the Mediterranean,…
Read More » -
Damen opens new shipyard in Vietnam
Ho Chi Minh City: Damen has opened its new joint venture yard in Vietnam, Damen Song Cam, with Vietnam’s Minister…
Read More » -
KrisEnergy gets $100m credit facility for asset acquisitions
Singapore: KrisEnergy announced that its wholly owned subsidiary, KrisEnergy (Asia), has entered into a facility agreement whereby KrisEnergy will be…
Read More » -
Denis Welch keen to develop Asian gas-powered OSVs
Singapore: Denis Welch, a well-known face in the Asian shipyard scene, is now on a mission to develop gas powered…
Read More » -
Pipelines get in the way of port development
Jakarta: A set of pipelines has been identified as the main hurdle facing the development of the much needed though…
Read More » -
Hantong inks 12 bulkers
Shanghai: Jiangsu Hantong Shipbuilding & Heavy Industry has signed shipbuilding contracts with German owner Conti Reederei for the construction of…
Read More » -
Shanghai Bestway restructuring deal approved
Shanghai: Shanghai Bestway Marine Engineering Design Co announced yesterday that the company has gained approval from the China Securities Regulatory…
Read More » -
Zhongchang Marine provides guarantees to subsidiaries
Shanghai: Zhongchang Marine announced that the company has provided RMB260m guarantee to its subsidiary Zhoushan Zhongchang Marine to support the…
Read More »