Region
-
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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 &…
Read More » -
New coo for OOCL
Hong Kong: Orient Overseas Container Line (OOCL) has appointed trading director Michael Kwok as chief operating officer, replacing Andy Tung…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
APM Terminals readies another big Chinese investment
Copenhagen: APM Terminals, the ports arm of Danish shipping giant A.P. Moller-Maersk will sign a more than 3bn Danish crowns…
Read More » -
CCCC building coal terminal in southern Vietnam
Beijing: China Communications Construction Company has signed a deal with the Vietnam Electricity Group EVN to build a $180.9m port…
Read More » -
Another Courage Marine ship scrapped
Hong Kong: Courage Marine, the listed vehicle of the Hsu family, has sold a 1984-built bulk carrier for $4.34m for…
Read More »