Featured Maritime Headlines

in Economics & Trade on 30 April 2012, 00.24  >> Wuhan: Waning demand and rising production costs have brought China's steelmaking industry to face a quarterly profit loss for the first time in a decade, China Iron and Steel Association (CISA) said here Wednesday.
Chinese steelmakers saw a loss of US$164.1 million in the first three months of this year, marking the first time the entire industry has seen a profit loss since 2000, said Z [...]Read More |
in Shipping Companies on 30 April 2012, 00.24  >> Taiwan: Evergreen Line will enhance its network in Asia by adding a Japan-Thailand-Vietnam service and a Belawan-Malaysia feeder (BMS) route, Seatrade Asia online reports.
The Taiwanese container line will add the Japan-Thailand-Vietnam service through slots purchases on the NYK and Bangkok-based carrier Siam Patella's Phoenix service (PHX) with a first sailing from Laem Chabang on 24 Apr [...]Read More |
in Shipbuilding on 30 April 2012, 00.24  >> Singapore: Yangzijiang Shipbuilding posted a strong first quarter results due mainly to boost in revenue from its shipbuilding segment. The Chinese shipbuilder recorded a 7% year-on-year increase in first quarter net profit to US$161.87 million compared to US$151,54 million in the same period of last year.
The Singapore-listed firm generated revenue of US$585,62 million compared to US$522 [...]Read More |
in China Ports on 30 April 2012, 00.24  >> Shanghai: The number of China's ports with a handling capacity of over 100 million tons reached 26 by the end of 2011, said a newly released statistical bulletin on China's highway and waterway transportation networks, China Daily reports.
The figure was 22 in 2010, and 12 in 2006. Among the 26 100-million-ton handling capacity ports, 17 are costal and nine are inland, said the statistica [...]Read More |
Latest Shipping News

in China Ports on 30 April 2012, 00.24 >> Fuzhou: During the first three months of this year, seaports in southeast Fujian province handled 2.24 million TEU, an 8.9 % year on year increase, reported Xinhua.
Port of Xiamen's throughput increased 10.1 % to [...]Read More | in Economics & Trade on 30 April 2012, 00.24 >> Beijing: China's non-financial overseas direct investment (ODI) surged 94.5 % year on year to US$16.55 billion in the first quarter of this year, the Ministry of Commerce announced (MOC) Tuesday. Of the total, US$6 [...]Read More | in Economics & Trade on 30 April 2012, 00.24 >> Wuhan: Wuhan, the big city in the middle reaches of the Yangtze, plans to invest US$18.2 billion in logistics infrastructure, including 173 construction projects over the next four years, reports Xinhua.
The munic [...]Read More |
Most Read Articles

in Shipbuilding on 26 February 2012, 00.24 >> Shanghai: While China Merchants Energy Shipping (CMES) are planning to place massive orders for newbuilding tanker, the two prominent state-owned companies CSSC and CSIC are expected to split up newbuilding contrac [...]Read More | in Economics & Trade on 26 February 2012, 00.24 >> Chongqing: The rail service connecting China with Europe (Chongqing, Xinjiang to Belarus, Duisburg) will be extended by 202 kilometres to Antwerp this year, as Xinhua reported recently.
With the extension shipment [...]Read More | in Shipbuilding on 26 February 2012, 00.24 >> Singapore/Shanghai: China's Dongfang Shipbuilding Group said that the company’s 49%-owned shipbuilding associate, DFS Shipbuilding, continues to have discussions with its banks and the local provincial authoritie [...]Read More |
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