Tag Archives: Vessels

Nanjing Tanker to delist from Shanghai Stock Exchange

10.01.2014 3:39 PM | No Comments

Shanghai: Nanjing Tanker, the oil shipping arm of Sinotrans & CSC Group, announced today that the company expects to post a significant loss for the year 2013 and it will delist from Shanghai Stock Exchange after their annual report...

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World’s largest boxship makes maiden China call

18.07.2013 11:25 AM | No Comments

Shanghai: Ship spotters in Shanghai will have to trek out to the deepwater port of Yangshan, some 35km southeast of the city if they want to catch a glimpse of the historic maiden call of the world’s largest boxship,...

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Second Maersk Line’s Triple E-Class Vessel to Call at EUROGATE in Wilhelmshaven (Germany)

28.06.2013 3:05 PM | No Comments

The second mega container ship in Maersk Line’s E-class, the “Eugen Maersk” is to call at EUROGATE Container Terminal Wilhelmshaven in July (week 29). The “Eugen Maersk” operates on the AE10 service (Far East – Europe) and is planning...

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Bohai Ferry to order two roros

23.05.2013 3:55 PM | No Comments

Dalian: Bohai Ferry has announced yesterday that the company plans to invest RMB760m to order two roros. Each ship will have a 2,500 m vehicle lane and a capacity to carry 2,300 passengers. Bohai Ferry said 65% of the...

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Jiangnan wins bulkers from Diana

22.05.2013 6:31 PM | No Comments

Shanghai: Greece’s Diana Shipping has signed newbuilding contracts with Jiangnan Shipyard for the construction of two 208,500dwt newcastlemax bulk carriers for a very competitive contract price of $48.7m per vessel. The delivery date is expected to be in the...

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China, Australia, Taiwan service launching

22.05.2013 6:29 PM | No Comments

Taipei: An Asian partnership comprising Evergreen Line, Pacific International Lines, Sinotrans and Yang Ming have announced cooperation in the China, Taiwan, and Australia trade commencing from Ningbo on June 7. The China-Australia-Taiwan (CAT) service will be operated with six...

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Samsung Heavy Industries Ningbo inks MR tankers

22.05.2013 6:26 PM | No Comments

Shanghai: Samsung Heavy Industries Ningbo has signed a letter of intent with Greek owner Evangelos Marinakis for the construction of two 52,000dwt MR tankers with two more options. The price for each vessel is about $32m, and the official...

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ABB scores China LNG Shipping deal

16.05.2013 3:52 PM | No Comments

Shanghai: Power firm ABB has signed a long-term preventive service agreement with China LNG Shipping International Co (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract...

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Iron Ore Ship Rates Extend Slump as Fleets Offsets China Demand

16.05.2013 3:41 PM | No Comments

Rates to ship iron ore fell for a fifth day as the glut of vessels offset demand for imports to China, the largest buyer of the raw material used to make steel. Daily earnings for Capsizes carrying 160,000 metric...

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Nanjing Tanker listing suspended indefinitely

14.05.2013 3:15 PM | No Comments

Shanghai: Nanjing Tanker, the tanker arm of CSC Sinotrans, has officially suspended its listing on Shanghai Stock Exchange (SSE) from today. It had already suspended the trading of its shares from April 22. The company also issued a risk...

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CSCL to dispose of ten 1,000 teu vessels

14.05.2013 3:13 PM | No Comments

Shanghai: China Shipping Container Line (CSCL) plans to dispose of ten 1000 teu vessels which are about 20 years old and not suitable for operation, in the second half of this year. CSCL currently operates more than 150 vessels...

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Shandong Shipping orders four VLOCs at Beihai Shipbuilding

08.05.2013 6:05 PM | No Comments

Dalian: Shandong Shipping Corporation has officially signed a contract with Qingdao Beihai Shipbuilding Industry to construct four 250,000dwt VLOCs. Shandong Shipping had earlier signed a ten-year iron ore shipping contract with Australian mining conglomerate BHP Billiton. “The four VLOCs...

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