Chinese leasing transactions can no longer be viewed as an alternative source of financing, but rather as a fast developing prime source of finance and on the way to becoming an equal to the European and US financial markets.
China and Greece intend to use the shipping industry to expand relations between the two with China's Transport Minister, Li Xiaopeng saying his country made the geo-strategic choice to strengthen bilateral economic and trade cooperation with Greece.
After a week-long National Day holiday, the return of the Chinese trade participants failed to rekindle the freight market.
China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.
Hong Kong chief executive Carrie Lam announced a raft of incentives and measures for the maritime and shipping sectors in her 2018 policy address, including for ship leasing, marine insurance and the ship registry.
As container lines withdraw services from Iran in the face of sanctions IRISL is looking to maintain links with a new Chinese-based shipping line Reach Shipping Lines.
Market sentiment for Capesize market was on the rise this week despite the widening gap between the physical and paper market.
The Eastern Mediterranean’s largest port, Piraeus, was the star of the recent China Global Television Network (CGTN) report ‘Where the maritime silk road meets land’.
Like a weary boxer, the Capesize freight market crumbled just before the knockout blow of escalating US - China tension.
The Chinese authorities have accelerated the phasing in of the Yangtze River Delta Emission Control Area (ECA).