Tuesday, September 30, 2014
cscl venus containership
Maritime News

China Gives Four Shipping Lines $293 Million to Upgrade Fleets

China has given four shipping lines including China Cosco 1.8 billion yuan ($293.3 million) in subsidies to encourage them to retire and upgrade their vessels, the four companies said.

September 30, 2014
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Monday, September 30, 2013
china shipping container lines cscl

China Shipping to Scrap Nearly Dozen Ships

China Shipping announced today they have sold the 1993-built, 35,000 deadweight product tanker Ming Chi to Digang Shipyard for a total consideration of approximately USD $3.3 million. The 1994-built tanker will...

September 30, 2013
Total Views: 3

Monday, August 19, 2013
china shipping container lines cscl

China Shipping Development Posts Wider Loss on Freight Rates

Aug. 19 (Bloomberg) — China Shipping Development Co., the commodities-carrying unit of China’s No. 2 shipping company, posted a wider first-half loss as a global oversupply of vessels weighed on...

August 19, 2013
Total Views: 0