Taiwan
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Greater China
Evergreen chairman says container market has bottomed
The global container shipping market is set for a revival this year following a tough 2016, Anchor Chang, chairman of…
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Americas
Nobu Su in hot water in the US for violating Iran sanctions
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued a Finding of Violation against Nobu…
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Greater China
Yang Ming defends its position, explains recapitalisation plan
Taiwan’s Yang Ming, the island’s second largest boxline, has moved to allay fears that its financial position makes it look…
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Greater China
Yang Ming labelled the new Hanjin by Drewry
Drewry Financial Research Services has described Taiwan’s second largest containerline as the new Hanjin while slapping its stock as unattractive…
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Greater China
Yang Ming dismisses merger speculation
Taiwan’s Yang Ming Marine Transport Corp has quashed speculation that it is up next in container shipping’s greatest year of…
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Greater China
Under pressure Yang Ming sells Taipei office
Shipping lines selling property tends to be a sure sign of a crisis. Yang Ming, the world’s ninth largest line…
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Greater China
Yang Ming targeted for consolidation
Taiwanese politicians yesterday debated the future of the island’s second largest containerline, Yang Ming Marine Transport Corp, with calls for…
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Greater China
Taipei outlines $1.76bn shipping rescue package
The government in Taiwan is lining up a multi-billion dollar rescue package for the local shipping scene. With intense consolidation…
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Greater China
Kaohsiung authorities assess super typhoon damage
Authorities at Kaohsiung port continue to assess the damage wrought by the unfortunately named YM Wind, a 14,000 teu newbuild…
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Greater China
Super typhoon lays waste to Kaohsiung box terminal
Super Typhoon Meranti, the strongest storm on record anywhere in the world so far this year, wreaked havoc and chaos…
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Greater China
Wan Hai takes 1,700 teu ship for $10.4m
Nissen Kaiun of Japan has sold Wan Hai Lines a nine-year-old 1,700 teu ship. Wan Hai is paying $10.4m for…
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Asia
Nobu Su questions ‘unauthorised’ payments to JPMorgan Chase
Today Makes Tomorrow (TMT) has written to JPMorgan Chase Bank to question two remittances of $5.25m in total, which TMT…
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Asia
Taiwan owner ditches crew in Vietnam
Kaohsiung-headquartered Jumbo Sino Development of Taiwan is the latest shipowner to be publically shamed for abandoning its crews amid the…
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Europe
Winson takes second V-Max from Gener8 Maritime
Winson Shipping is doubling its VLCC fleet size, adding its second ship in less than a month brokers tell Splash.…
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Greater China
DP World takes Kaohsiung terminal
Global terminal operator DP World has signed an MoU with Taiwan International Ports Corporation (TIPC) to develop Kaohsiung Port’s Terminal…
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Europe
Winson takes V-Max from Gener8 Maritime for ‘firm’ $28m
Clarksons Research is reporting Taiwan’s Winson Shipping has snapped up the 15-year-old, 312,640 dwt from Gener8 Maritime for $28m. The…
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Greater China
Wisdom Marine enters tanker sector with double order at JMU
Taiwanese owner Wisdom Marine has announced that the board has approved a proposal to order two 115,000dwt oil tankers at…
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Finance and Insurance
Nobu Su: Out to shake up shipping
It’s easy to characterise Nobu Su as shipping’s malcontent. It’s been two years since Maritime CEO profiled the Taiwanese shipping…
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Asia
Sincere Industrial in for six Namura handies
Taiwanse owner Sincere Industrial has ordered six 34,000 dwt bulk carriers, at Namura Shipbuilding in Japan, continuing building up its…
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Asia
Wan Hai in for eight Japanese newbuilds
Taiwan’s Wan Hai Lines has signed for eight 1,900 teu ships at Japanese yard Naikai Zosen. The ships will deliver…
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