Taiwan
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Dry Cargo
Wisdom Marine cancels plan to enter tanker sector
Taiwanese owner Wisdom Marine has cancelled plans to build two 115,000dwt aframax tankers at Japan Marine United. Wisdom Marine approved…
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Greater China
Taiwan Navigation orders ultramax pair at Oshima Shipbuilding
Taiwanese dry bulk owner Taiwan Navigation has placed a new order at Japanese yard Oshima Shipbuilding for the construction of…
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Greater China
Chemical leak onboard boxship at Keelung
Fujian Orient Shipping feeder containership suffered a chemical leak while it was berthing at Taiwan’s Keelung Port on Friday. According…
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Asia
THE Alliance reveals it has set aside $50m in the event one of its members does a Hanjin
THE Alliance, a new container grouping which launched this April, has revealed the amount it has set aside in the…
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Greater China
CSBC to enter offshore wind sector
Taiwanese shipbuilder CSBC Corporation has set up an offshore construction and engineering centre in order to meet demand from the…
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Greater China
Yang Ming still viewed as high risk despite soaring stock price
Despite an improved showing in the second quarter Yang Ming, Taiwan’s second largest containerline, remains high risk, according to a…
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Greater China
Nobu Su lines up yet another court case
Nobu Su, the failed Taiwanese shipowner turned serial maritime inventor, is lining up yet another court fight. Since the dramatic…
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Greater China
Wisdom Marine raises $10.6m to fund newbuildings
Taiwanese owner Wisdom Marine has announced a plan to raise NTD320m ($10.58m) through issuing 32m new shares. It will use…
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Greater China
China Steel Express offloads ageing panamax bulker
China Steel Express, the shipping unit of Taiwan’s China Steel Corporation, has sold 76,600dwt panamax bulker to an unknown buyer.…
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Greater China
TS Lines eyes more orders
Taiwanese containership operator TS Lines is planning to expand its self-owned fleet further as part of its fleet reorganisation plan.…
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Greater China
Wan Hai acquires two feeder boxships
Taiwanese owner Wan Hai Lines has announced the acquisition of two 1,805 teu containerships, Sao Paulo and Ho Chi Minh,…
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Greater China
Yang Ming’s recapitalisation plan continues with new share offering
Taiwanese shipping firm Yang Ming has announced a plan to issue 500m new shares to raise NTD5bn ($164m) as part…
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Greater China
APL ship hits Kaohsiung berth
An APL containership hit a berth in Kaohsiung Port when it was leaving the port this morning, leading to damages…
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Greater China
Nobu Su anticipates another Clarkson court battle soon
An appeals judge in the UK has given Nobu Su another chance to take broker Clarkson Platou to court. Su,…
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Maritime CEO
Nobu Su: ‘I have the patent for the Google Car of shipping’
Nobu Su, the failed Taiwanese shipowner turned maritime inventor, makes a bold claim in today’s Maritime CEO interview, saying he’s…
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Greater China
Yang Ming suspends stock trading through to May 4
Under pressure Taiwanese containerline Yang Ming Marine Transport Corporation has suspended stock trading through to May 4, during which time…
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Greater China
Formosa Plastics orders MR tanker trio
CSSC Offshore Marine, formerly Guangzhou Shipyard International has received an order from Taiwanese owner Formosa Plastics Marine for three 50,000…
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Containers
Yang Ming’s massive loss prompts recapitalisation concerns
With troubled Taiwanese containerline Yang Ming Marine Transport reporting a doubling of its net loss for 2016 yesterday, speculation is…
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Europe
THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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Europe
Nobu Su’s latest case thrown out of court
Nobu Su has had his latest case thrown out of court but has vowed to keep fighting. The chairman of…
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