Nanjing: Chinese shipbuilder CSC Jinling Shipyard won an order to build four 64,000 dwt bulk carriers for a new company Asia Pacific Shipping Enterprises, controlled by Australian mining tycoon Clive Palmer.

Beijing: China Shipowners Association (CSA) has called on domestic cargo players to refrain from investing and building up their own shipping capacities, and to enter into long-term charter contracts with shipowners.

Taipei: Taiwan-based Sincere Navigation has ordered two 82,000 dwt kamsarmax bulk carriers for $27m apiece.

Beijing: Latest figures show an increasingly dim picture of the China coal market with the utilities companies reported to have 91 million metric tons in reserve while stockpiles at the largest ports are reported to be at more than 90% of capacity.

Incheon: Dry bulk shipping firm Thoresen Shipping Singapore acquired a secondhand supramax for $19.2m from Ambitious Lines SA Panama on Tuesday in Incheon, South Korea.

Taipei: Taiwanese dry bulk shipping firm U-Ming Marine Transport Corporation is planning to raise NT$2bn ($66.8m) from bonds issue to reduce its short-term debt.

Guangzhou: Chinese firm Guangzhou Wenchong Shipyard grabbed an order to build four 28,000 dwt dry bulk carriers for US-based Seaboard Marine.

Taipei: Taiwan-based dry bulk shipping firm Shih Wei Navigation has recently axed an order for a panamax vessel at Japan-based Sasebo Heavy Industries.

Zhangjiagang: Jiangsu Steamship has booked four 64,000 dwt supramax bulk carriers from Jiangsu Yangzijiang Shipbuilding.

Hong Kong: China Shipping Development Company (CSDC) has added a dry bulk carrier to its fleet at a cost of RMB182.8m ($28.7m).