Singapore: The Export-Import Bank of China is to extend loans of approximately RMB1bn ($161.5m) for five to six privately-owned Chinese shipping companies, according to Chen Bin, deputy general manager, transport finance department, of the China...
Shanghai: Shanghai, the world's largest container port, moved higher throughput in March both year-on-year and month-on-month, according to figures from Shanghai International Port (Group) (SIPG).
Muscat - Oman Shipping Company (OSC) has taken delivery of Very Large Ore Carrier (VLOC) Vale Shinas, which will be used to transport iron ore from Brazil to the Vale pelletisation plant in Sohar.
Shanghai: Eleven seafarers are dead and two missing after container vessel Guang Yang Xing Gang capsized in strong winds.
Shanghai: China Cosco Holdings Co. (China Cosco) may sell assets worth as much as RMB27bn ($4.3bn) to its parent, Bloomberg reports.
Shanghai: Shanghai, the world's busiest container port, saw a considerable dip in box throughput in February due to the shorter number of days and the Chinese New Year holidays.
Jakarta: Bulker casualties involving nickel ore cargo liquefaction have resulted in insurance claims of over $200m according a broker involved in one of the cases.
Beijing: Brazil's state mining firm Vale has claimed that talks with China over allowing its 400,000 dwt dry bulk carriers to call at Chinese ports are “positive”, reports said.
Shanghai: Two general cargo vessels have collided in the Minjiang River estuary in the Fujian province, China, resulting in at least one death.
Hong Kong: Hutchison Port Holdings Trust (HPH Trust) reported an 8.3% rise in profits for 2012 despite worsening global economic performance.