Region
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Titan bondholders vote against proposed liquidation
Hong Kong: Titan Petrochemicals has just released news that its bondholders have overwhelmingly voted against the proposed liquidation of the…
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New leader at Ministry of Transport
Beijing: In a CPC leader’s conference which was held earlier this week, the Ministry of Transport has named Yang Chuantang…
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HSBC to sell ship consultancy arm
London: HSBC Bank, a wholly owned subsidiary of HSBC Holdings, has announced on Thursday it has agreed to sell HSBC…
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Zhenhua bags $192.9m contract from OOCL
Shanghai: Zhenhua Heavy Industry announced late Thursday night the company signed a crane equipment sales contract with Hong Kong liner…
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Yangshan battles Busan for transhipment cargoes
Shanghai: Shanghai’s Yangshan Port is looking to muscle in on Busan’s transshipment cargoes. A new port policy introduced by Ministry…
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Shocking first half figures for shipyards
Beijing: China’s first half shipyard figures make grim reading and the national shipbuilding association warns there is no help in…
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Ping An sets up shipping unit in Shanghai
Shanghai: Ping An Property & Casualty Insurance Company, a subsidiary of Ping An, one of the biggest insurance players in…
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OOIL remains in the black
Hong Kong: Unlike many of its peers Hong Kong’s OOIL remains in the black for the first half of 2012,…
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HNA Group nears completion of SinOceanic buyout
Oslo: A subsidiary of the HNA Group has made a bid to buy out a leading Norwegian ship investment vehicle,…
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Hutch down, but beats analysts’ expectations
Hong Kong: Hutchison Whampoa, parent of Hong Kong’s terminal giant Hutchison Port Holdings, said its underlying profit for the six…
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Pac Basin posts first ever loss, promises to expand
Hong Kong: Despite posting its first ever loss at its interims in Hong Kong a defiant Pacific Basin promised to…
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Aker Arctic bags Chinese order
Beijing: Aker Arctic announced on Tuesday that it has been selected by China State Oceanic Administration (SOA), Chinese Arctic and…
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Successful trial for China’s first hybrid vessel
Shanghai: In the past week Chinese shipbuilding celebrated the successful trial voyage of the nation’s first dual fuel vessel with…
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GL HullManager wins first Chinese contract
Shanghai: GL Maritime Software has bagged its first order from a client in China for the GL HullManager hull integrity…
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Ningbo Marine takeover taking time
Shanghai: The resumption of trading for Ningbo Marine’s shares and convertible bonds has been delayed as its takeover by a…
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New Tianjin – Hong Kong link
Hong Kong: TS Lines has deployed two 1,000 teu ships on a regular once-a-week sailing between Tianjin and Hong Kong.…
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Le Havre tries to woo China’s automotive sector
Beijing: France’s Port of Le Havre has welcomed a delegation of company managers from China's automaker and automotive logistics sectors…
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Maersk losing $217 per feu on Oz-China trades
Dalian: Maersk is currently losing US$217 per feu shipped from Melbourne to Qingdao, according to its Australian director of sales…
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Chinese groups hit back at US tariffs on wind turbine towers
Beijing: China Chamber of Commerce for Import and Export of Machinery and Electronic Products this week said the decision of…
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Profits at China’s steel mills plunge 96% in first half
Beijing: Profits at China's steel mills dropped 96 percent in the first half from a year earlier, according to the…
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