Hong Kong
- Dry Cargo
Pacific Basin signals impairment of $198m on handysize fleet
Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness…
Read More » - Dry Cargo
Cido makes rare cape sale
Hong Kong-based Cido Shipping has showed signs that it wants to shrink its exposure to the cape segment for months, marketing half its…
Read More » - Greater China
Frank Coles calls for modern day Berlin Airlift to resolve the crew change crisis
Wallem boss Frank Coles has called for a modern day ‘Berlin Airlift’ to fix the crew change crisis. The head…
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Wah Kwong takes next step in shipmanagement drive with Shenzhen office opening
Wah Kwong, a bluechip name in Hong Kong shipowning circles, today takes another stride in its business strategy to serve…
Read More » - Greater China
Hong Kong allows unrestricted crew changes
Hong Kong has made the biggest concessions in the crew change saga, making it possible for all seafarers calling the…
Read More » - Greater China
Stanley Ho dies
Stanley Ho, one of the most colourful Asian tycoons of the last century, passed away at a hospital in Hong…
Read More » - Greater China
Anglo-Eastern suffers ransomware attack
Anglo-Eastern, one of the world’s largest shipmanagers, has become the latest big name to suffer a cyber attack. The company’s…
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Wah Kwong boss hails financial resilience of shipping during the coronavirus crisis
William Fairclough, the managing director of Hong Kong shipowner Wah Kwong Maritime Transport Holdings, has hailed the financial resilience of…
Read More » - Americas
VLCC takes out pier in Panama
A Hong Kong-flagged VLCC ploughed into a Panamanian petrochemical terminal on Saturday, damaging the pier and puncturing a hole in…
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Pacific Basin puts the brakes on acquisitions
Pacific Basin, Hong Kong’s largest shipowner by fleet number, is putting the brakes on fleet expansion plans. In a release…
Read More » - Greater China
Hong Kong makes crew change allowances
Developments are happening fast in relation to crew repatriation during the coronavirus outbreak. The UK has designated seafarers as key…
Read More » - Greater China
Yangzijiang confirms Tiger Group mega boxship order
China’s Yangzijiang Shipbuilding has confirmed that it has secured a major order from Graham Porter led Tiger Group for the…
Read More » - Containers
Tiger Group invests in 14,000 teu Yangzijiang series
Clarkson Research Services is reporting a notable container comeback for one of the sector’s most famous pioneers. Graham Porter-led Tiger…
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Pacific Basin tipped to have taken another ultramax
Dutch owner Triton Navigation has had more success offloading tonnage, selling its sixth ship in eight months. Shortly after shaking…
Read More » - Asia
Valles orders aframax at Daehan
Having been pruning its fleet of elderly tonnage of late, Hong Kong’s Valles Steamship has decided to make a rare…
Read More » - Dry Cargo
Noble trims its cape arm
Shortly after Noble confirmed the sale of a 2012-built post-panamax, the commodity trading firm has found a buyer for another…
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Taylor Maritime grows fleet to 28 with supramax acquisition
Hong Kong dry bulk owner Taylor Maritime has acquired its third supramax, the 2011-build Mitsui supramax , bringing its fleet…
Read More » - Europe
Hutchison Ports snaps up APM Terminals Rotterdam
APM Terminals has signed a letter of intent for the sale of APM Terminals Rotterdam to Hutchison Ports. Hutchison Ports…
Read More » - Containers
Andy Tung steps down as co-CEO at OOCL
Andy Tung announced on Friday he is stepping down as co-chief executive at OOCL at the end of this month,…
Read More » - Greater China
Fleet Management: Landmark year for Hong Kong manager
The year 2019 has been a landmark one for Kishore Rajvanshy, the veteran managing director of Hong Kong’s Fleet Management.…
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