Featured Maritime Headlines
in Economics & Trade on 30 August 2012, 00.24  >> Global: Despite a forecast that world shipping freight rate would decrease, demand for newbuilding commercial ship is growing instead. Fuel-efficient eco-friendly vessel is an optimal choice during recent days with high oil price and existing older tonnages will be replaced.
Analyst Park Mu-Hyun of E*Trade Securities of Korea said "Shipowners aim to invest in fuel-efficient eco-friendly v [...]Read More |
in Shipping Companies on 30 August 2012, 00.26  >> Global: Taiwan's Evergreen Marine Corp (EMC) has achieved a positive second quarter result, with a net profit of TWD858 million (US$29 million) on operating income of TWD641 million (US$22 million).
Its net income was partly boosted by a TWD542 million gain from asset sales booked in the second quarter. On the other hand, the shipping line in the first six months of 2012 lost TWD2.4 billi [...]Read More |
in Shipbuilding on 30 August 2012, 00.24  >> Beijing: Up to July, new orders for domestic shipbuilding industry has decreased by 50 % year on year. Orders hold in shipbuilding companies has also decreased by 30 % year on year.
"Shipbuilding companies have been in a recession since the beginning of the year, to ease pressure, companies have cut their orders for new ships or delay deliveries of orders. But this may be a vicious circle [...]Read More |
in China Ports on 30 August 2012, 00.24  >> Jinan: China's Qingdao Port Group expects to start operations at its 400,000-tonne iron ore terminal at Dongjiakou Port this year, the group's chairman said on Wednesday, adding it has not been approached by Vale regarding access for the Brazilian miner's giant vessels.
"We will accelerate the construction of the 400,000-tonne iron ore terminal and expect to start operations this year," C [...]Read More |
Latest Shipping News
in Economics & Trade on 24 May 2011, 15.24 >> Hong Kong: In comparison to last year’s volume Hong Kong’s exports fell 4.3% in April. At the same time imports volume decreased 0.3% from a year ago, said the city’s statistics department on Thursday. Adding [...]Read More | in Shipping Companies on 31 March 2011, 14.24 >> Shangai: The China Shipping Container Lines (CSCL) has declared a 134.3 % increase in first half net profit to CNY1.17 billion (US$172.03 million), compared with CNY3.41 billion net loss in the corresponding period [...]Read More | in Economics & Trade on 30 October 2011, 00.24 >> Chengdu: This month Singapore signed a maritime deal with China to expand scope of co-operation with China.
Mr Lui Tuck Yew, Transport Minister and Second Minister for Foreign Affairs, signed the agreement at the [...]Read More |
in Shipbuilding on 31 March 2012, 00.24 >> Nanjing: China's Jiangsu Yangzijiang Shipbuilding plans to be reborn as an 'All-around Maritime Group', by business diversification in order to make a long-term development.
China's one of largest private-owned Ya [...]Read More | in Shipbuilding on 30 July 2012, 00.25 >> Shanghai: With the summer break starting off in the end of this month, there were a number of final newbuilding contracts seen, as shipbuilders and shipowners finalized negotiation. But overall ordering activity is [...]Read More | in Economics & Trade on 22 April 2011, 12.24 >> Dongguan: According to an analyst from Puhui Ratings, a domestic Chinese consultancy company, newly established steel trading markets in Dongguan will stimulate the development of the city's logistics business. Don [...]Read More |
Most Read Articles
in Shipping Companies on 30 August 2012, 00.26 >> Beijing: China's flag carrier Cosco has widened its net loss to CNY4.87 billion (US$766.8 million) in the first half of the year, 76.7 % higher than the loss posted in the same period last year, drawn on 1.3 % incr [...]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 [...]Read More | in Shipbuilding on 30 April 2012, 00.24 >> Shanghai: Hudong-Zhonghua Shipbuilding of China's "Research on core technical skills for large-size membrane LNG carrier" Project has passed examination by the Ministry of Industry and Information Technology of Chi [...]Read More |
in China Ports on 30 August 2012, 00.24 >> Chongqing: The Chongqing government has decided to continue the container terminal handling charge subsidising scheme after one year's operation, Xinhua reports.
Container cargo shippers, ground transporters and w [...]Read More | in Shipbuilding on 30 August 2012, 00.24 >> Beijing: Up to July, new orders for domestic shipbuilding industry has decreased by 50 % year on year. Orders hold in shipbuilding companies has also decreased by 30 % year on year.
"Shipbuilding companies have be [...]Read More | in Shipbuilding on 31 March 2011, 14.24 >> Beijing: COSCO was expecting to dig more gold from specialized cargo shipping as construction projects of China's express railway came out. 10 units of 18 MPPs and heavy-lifters that were to be delivered during the [...]Read More |
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