Cosco Shipping Specialized Carriers announced that the company has ordered five firm plus four options for 62,000d wt multipurpose pulp carriers at Cosco Shipping Heavy Industry (Dalian).
The use of scrubbers to meet the 2020 sulphur cap, their lack of regulatory framework, and impact on the market were very much under discussion at the Greener Shipping Summit…
Hong Kong’s family-owned shipowner Wah Kwong has approached China’s Chengxi Shipyard to construct a pair of 82,000-dwt dry bulk carriers.
The Baltic Dry Index (BDI) appeared to be a tight rope walker this week on the verge of falling off from the 1,000 mark.
Shanghai Waigaoqiao Shipbuilding (SWS) has won an order for 10 capesize dry bulk newbuildings from China state-owned Shandong Shipping Corporation.
A consortium comprising Bollore Africa Logistics and PowerChina International Group has been chosen as the preferred bidder for the Ibom Deep Seaport Project (IDSP) in Nigeria.
The Baltic Dry Index (BDI) will continue to stay under pressure as shipowners are not scrapping enough vessels even as demand has grown, pointing to a slow market recovery up…
Jinhui Holdings has purchased an office unit in Hong Kong as part of its continuing divestment of its exposure to the shipping business.