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Chinese Banks- New Source of Capital for Shipping?

Chinese banks seem to be the emerging power when it comes to securing capital for the shipping industry. The market ...

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CSIC Taking Stake in Two Subsidiaries

China Shipbuilding Industry Corporation (CSIC) is buying stakes in two of its subsidiaries, namely Dalian ...

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China Driving Dry Bulk Shipping Market’s Recovery

Sentiment among dry bulk ship owners seems to be at a new high as Baltic Dry Index (BDI) hit a 34-month record at ...

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Vale Sells Two VLOCs to China's Bocomm

Brazilian mining giant Vale has finalized a sale agreement for two of its very large ore carriers (VLOCs) with ...

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Control Measures Planned in Xiamen Bay during BRICS Summit

Temporary restrictions are being introduced on the sulfur content of fuel used and the movement of vessels carrying ...

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Chinese Cargo Ship Sinks, 12 Crew Rescued

Chinese-flagged cargo ship Nan Hui 68 sank on July 23 near Huidong of Guangdong Province, east of Hong Kong taking ...

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Order Intake at Chinese Shipyards Down 29 Pct in H1

The influx of new orders at shipbuilding yards in China has dropped by 29 percent during the first half of this ...

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China, Russia Team Up on Ice Silk Road

China and Russia have reached an agreement to jointly build an “Ice Silk Road” along the Northern Sea ...

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China's MSA to Conduct Special Inspection for Bulkers

The China Maritime Safety Administration (MSA) has launched a special inspection campaign for bulk carriers of ...

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Petredec to Order Up to Four VLGCs in China

Singapore-based Petredec Holdings (Eastern) has decided to further expand its fleet with up to four very large gas ...

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Ordering Activity at Chinese Yards Tumbles by Over 30 Pct

Chinese shipyards have experienced a 31.5 percent decline in newbuilding order intake reaching 9.86 million dwt in ...

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Fincantieri to Develop Cruise Ship Park in China

Italian shipbuilder Fincantieri signed a letter of intent (LOI) with China State Shipbuilding Corporation (CSSC) ...

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Report: Korean Shipowners Place Majority of Orders in China

South Korean shipowners have placed orders for the construction of thirteen vessels at Chinese shipyards so far in ...

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Growing Inbound Trade Drives China’s Port Congestion

Chinese ports are encountering major congestion brought on by bad weather, the restructuring of alliance networks, ...

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China Revises White List, Adds Six Shipbuilders

Another six shipbuilders are set to enjoy financial support from China in the forthcoming period as they have been ...

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China's Iron Ore Import to Boost Dry Bulk Market

Alongside shipping of grains, China’s import of iron ore is set to continue to be a key driver for the demand ...

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Newbuild Orders at Chinese Yards Take a Nosedive

China’s shipbuilding industry has experienced a 25.4 percent plunge in newbuilding orders during the first ...

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KHI Moves Merchant Ship Construction to China

Japan’s Kawasaki Heavy Industries (KHI) is to shift merchant ship construction from Japan to China and reduce ...

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China Suspends Investigation in 18 Carriers

China’s National Development and Reform Commission (NDRC) has suspended its investigation into a number of ...

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COSCO Shipping Holdings Books USD 1.4 Bn Loss

Shanghai-listed COSCO Shipping Holdings Co, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), ...

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Video: Norwegian Joy Heads for China

Norwegian Joy, Norwegian Cruise Line’s first custom-designed ship for the Chinese cruise market, began its journey ...

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