China International Marine Containers (CIMC) says it expects to turn a net profit of between RMB700m ($103.4m) to RMB900m compared to a net loss of RMB378m in the previous corresponding period.
News ID: 75050 Publish Date : 2017/07/19
China is ramping up acquisitions of overseas ports as it expands its reach as a maritime power, doubling its investments over the past year to $20bn and pushing ahead with plans to open new shipping routes through the Arctic circle.
News ID: 75042 Publish Date : 2017/07/18
China Merchants Port Holdings recorded an increase in first half net profit.
News ID: 75041 Publish Date : 2017/07/19
The government of Indonesia has decided to rename its part of the South China Sea, a move that appears calculated to assert sovereignty in the face of increasing pressure from China. The name of the world's newest body of water, the "North Natuna Sea," now features prominently on Indonesian charts, and it overlaps areas of China's sweeping "nine-dash line" maritime claims.
News ID: 75016 Publish Date : 2017/07/17
China Cosco Shipping Corporation Limited (Cosco Shipping) has offered to acquire Orient Overseas (International) Limited (OOIL) at a price of $6.3bn, confirming earlier rumours of the takeover deal that has been circulated since January this year.
News ID: 74973 Publish Date : 2017/07/16
China’s Shanghai Shipping Exchange (SSE) has officially launched the Belt and Road shipping indices to track freight data among involved countries, following the completion of a two-year trial, reports said.
News ID: 74968 Publish Date : 2017/08/05
Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a rival to neighboring Senegal's Dakar.
News ID: 74846 Publish Date : 2017/07/09
Coal into India trade active in spot market in past week
News ID: 74840 Publish Date : 2017/07/08
NEWBUILDING prices in China have started to head south again amid volatile freight markets, following a short-lived rally earlier this year. This has cast a cloud of uncertainty over market prospects that had just shown a glimmer of optimism.
News ID: 74822 Publish Date : 2017/07/07
Singapore-listed Yangzijiang Shipbuilding (Holdings) has bagged six effective orders in the second quarter of 2017 totaling in USD 133 million, the company said in a stock exchange filing on Monday.
News ID: 74790 Publish Date : 2017/07/06
China COSCO Shipping Corp has embarked on a major shopping spree, adding 14 ultra large containership newbuilds to its fleet.
News ID: 74641 Publish Date : 2017/06/25
Shanghai Shipyard, subsidiary of China State Shipbuilding Corp (CSSC), has clinched an order to build a pair of 100,800 dwt dry bulk carriers for Estonia’s Platano Eesti.
News ID: 74235 Publish Date : 2017/05/31
New shipbuilding orders at China’s shipyards over the first four months have continued to shrink on the back of reduced orders by shipowners, according to the latest figures released by China Association of the National Shipbuilding Industry (Cansi).
News ID: 73980 Publish Date : 2017/05/17
China’s Cosco (Qidong) Shipyard has entered into a contract with a European buyer to build one floating storage regasification unit (FSRU) module.
News ID: 73966 Publish Date : 2017/05/16
South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data.
News ID: 73885 Publish Date : 2017/05/12
China’s Ministry of Industry and Information Technology (MIIT) has announced changes to the country’s white list shipyards with the removal of seven yards and the addition of six.
News ID: 73664 Publish Date : 2017/04/29
Throughput at China’s top container ports grew strongly in March supporting signs of improved performance by the overall economy during the first quarter of the year.
News ID: 73638 Publish Date : 2017/04/28
China on Wednesday launched its first domestically built aircraft carrier, which will join an existing one bought second-hand, amid rising tensions over North Korea and worries about Beijing's assertiveness in the South China Sea.
News ID: 73614 Publish Date : 2017/04/26
Panama Canal Authority is looking into development opportunities in the gas shipping market now that it has introduced transit for liquefied natural gas (LNG) carriers.
News ID: 73315 Publish Date : 2017/04/08
China Merchants Port Holdings saw 2016 net profit rise 14% to HKD5.49bn ($706.5m) on gains in both container and bulk terminal volumes.
News ID: 73199 Publish Date : 2017/04/04