September 16th, 20190Taiwan Cement has announced that its shipping unit, Ta-ho Maritime, has placed an order at Japanese yard Sumitomo Heavy Industries for the construction of up to three 84,200 dwt kamsarmax bulk carriers. The shipbuilding contract comprises a firm order for two ships and option for one additional ship. The company will decide on the...
August 26th, 20190The fallen Taiwanese shipping magnate Nobu Su is appealing his 21-month prison sentence. Su, the head of TMT, was jailed in London at the end of March for contempt of court, having been detained by British police in January over a long-running battle Su had with Polys Haji-Iannou, the head of World Tankers Management, over an FFA deal...
August 14th, 20190The board at Evergreen Marine, Taiwan’s largest shipping line, has approved plans to bring in its largest ships, orders that could see the Chang family-controlled line leapfrog Ocean Network Express (ONE) and Hapag-Lloyd into fifth spot in the global liner rankings. Evergreen said it is looking to add eleven 23,000 teu ships, five...
August 12th, 20190News of carrier fines for misdeclaration of cargoes continues to filter in with Taiwan’s Evergreen issuing the highest penalties seen by Splash to date. Evergreen has told clients that any omission, concealment or misdeclaration of hazardous cargoes that it finds will result in fines of $35,000 per container. A host of other...
July 29th, 20190Bulker owner Taiwan Navigation has acquired a 15-year-old supramax bulker from US owner Eagle Bulk. According to multiple shipbroking sources, Eagle Bulk sold its 2004-built 50,300 dwt bulker to Taiwan Navigation. The Japanese-built vessel has fetched a price of $7.3m. Taiwan Navigation recently sold two 2014-built vessels, the...
July 10th, 20190UK-based self-propelled jackup vessel specialist Seajacks International has conditionally been awarded a contract with Siemens Gamesa Renewable Energy for the transport and installation of wind turbines at the Formosa 2 offshore wind farm off Taiwan. The contract is subject to Siemens Gamesa receiving a firm order from consortium...
July 1st, 20190Kawasaki Kisen Kaisha (K Line) today confirmed a Splash exclusive, revealing details of a new Taiwanese shipping joint venture. The Japanese shipping major has teamed with two Taiwanese shipowners, U-Ming and Kuang Ming, and utility Taiwan Power Company (Taipower) to create a new company that will own both coal and LNG carriers. The...
June 11th, 20190Taiwanese shipping line Evergreen Marine has appointed Hsieh Huey-Chuan as the new general manager of the company, replacing Lee Mong-Jye who has retired. Before taking over the general manager role, Hsieh served as the vice chairman of Italia Marittima, a subsidiary of Evergreen Marine. Evergreen is the seventh largest...
May 21st, 20190CSBC-DEME Wind Engineering, a joint venture between Belgian company DEME Group and Taiwanese shipbuilder CSBC Corporation, has signed a contract with Copenhagen Infrastructure Partners (CIP) to transport and install wind turbines for two offshore wind projects in Taiwan. CIP is currently developing three offshore wind projects off...
May 17th, 20198Officials at Yang Ming, the world’s eighth largest containerline, have dismissed the latest call for the line to merge. Writing on LinkedIn yesterday, Lars Jensen, CEO of SeaIntelligence Consulting and widely regarded as one of the world’s top container shipping analysts, suggested Yang Ming’s continued poor financial...
