Thursday, 28th May 2015
28th May 2015

Unithai Shipyard and Engineering has expanded by opening a new branch in Thailand's Songkhla province to support the steady growing of offshore operations.

China Ocean Shipbuilding is issuing new shares in a bid to raise around HKD56.61m ($7.29m) to repay debts.

United Arab Shipping Co (UASC) has exercised an option for a sixth, and final, 18,000 teu boxship at Hyundai Heavy Industries (HHI).

APM Terminals handled a total of 36.3m teu last year, representing 3% growth in volumes over 2012.

China's Shanghai port handled higher box volumes in February on a year-on-year comparison but throughput slowed month-on-month, according to figures from Shanghai International Port (Group) Co (SIPG).

China Shipping Haisheng (CS Haisheng) has turned to its parent firm China Shipping Group for a six-month loan of RMB800m ($131m).

The Indian Ministry of Environment and Forests has sought a detailed report on the proposed ship recycling facility by the Adani group at Mundra.

International Container Terminal Services, Inc (ICTSI) has increased its earnings in 2013 as box throughput grew and margins improved at some of its key terminals.

An oversupply of old panamax container vessels has continued to wreak havoc on the Indian junk ship market, and several cash buyers appear to have overpaid on a whole tranche of units.

Nantong Cosco KHI Ship Engineering (Nacks) has won an order to build two dual-fuel LNG pure car and truck carriers (PCTC) for United European Car Carriers (UECC).

Headlines Asia

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