China Shipping

China shipping and shipbuilding coverage – yard capacity, port operations, COSCO fleet moves, Sino-U.S. tariff effects, and state-owned fleet expansion.

Sunday, January 13, 2013
china state shipbuilding
Finance

Profits at China’s Largest Shipbuilder Likely Shrank by Almost 100% in 2012

China CSSC Holdings Ltd. (600150.SH), the listed arm of China’s largest shipbuilder, said Saturday its profit likely shrank by 95% to 100% year on year

January 13, 2013
Total Views: 58

Wednesday, January 9, 2013
keppel fels shipyard tuas
Offshore

China Shipyards Set to Spark Price War Among Rigmakers

By Kyunghee Park and Jasmine Wang China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an

January 9, 2013
Total Views: 181

Monday, January 7, 2013
cape sampagita
News

As Iron Ore Prices Approach 15-Month High, Relief for Dry Bulk Shippers Still Unlikely

Rising steel prices and falling stockpiles of iron ore in China may lead to increased imports of the commodity, boosting demand for shipping, according to

January 7, 2013
Total Views: 65

Saturday, January 5, 2013
1,000 Ships Locked in Ice off China
News

1,000 Ships Locked in Ice off China

Temperatures in China have plunged to their lowest in almost three decades, cold enough to freeze coastal waters and trap 1,000 ships in ice, official media

January 5, 2013
Total Views: 95

Friday, January 4, 2013
bhp billiton port hedland western australia bulk carrier
News

Capesize Rates Rise on Speculation of Chinese Iron Ore Stockpiling

Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut

January 4, 2013
Total Views: 28

Thursday, December 27, 2012
Wide-Roaming Chinese Fishing Vessels a Cause for Concern
Uncategorized

Wide-Roaming Chinese Fishing Vessels a Cause for Concern

By Chuin-Wei Yap And Sameer Mohindru China’s growing hunger for seafood is testing relations with other countries and worrying foreign officials and

December 27, 2012
Total Views: 67

Wednesday, December 26, 2012
Argentina Nabs Two Chinese Ships on Illegal Fishing Charges
Uncategorized

Argentina Nabs Two Chinese Ships on Illegal Fishing Charges

By Shane Romig BUENOS AIRES–Argentina’s coast guard has detained two Chinese ships as it steps up efforts to prevent illegal fishing in its waters.

December 26, 2012
Total Views: 58

Friday, December 21, 2012
dry bulk carrier shutterstock
News

Hits Keep on Comin’ for the Dry Bulk Market, Chinese Coal Imports May Almost Disappear in 2013

Chinese demand growth for imported coal will almost halt next year before shipments contract in 2014 as the nation’s improving transport network allows

December 21, 2012
Total Views: 60

Monday, December 17, 2012
Press Releases

Rickmers-Linie Pulls Trigger on Two Multi-Purpose Newbuilds from China

Rickmers-Linie is to take delivery of two 20,000dwt newbuildings in 2015, built at Hudong-Zhonghua Shipbuilding in China. Both of these multi-purpose vessels

December 17, 2012
Total Views: 26

keppel offshore and marine shipyard
Shipbuilding

Is Keppel Buying Into China?

Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy

December 17, 2012
Total Views: 98

Sunday, December 9, 2012
Canadian Government Approves CNOOC Takeover of Nexen
Offshore

Canadian Government Approves CNOOC Takeover of Nexen

HONG KONG–Cnooc Ltd. (CEO), China’s largest offshore oil-and-gas producer by capacity, confirmed Saturday that the Canadian government approved

December 9, 2012
Total Views: 41

Tuesday, December 4, 2012
Chinese Fishing Vessels “Accidentally” Cut Seismic Streamers in South China Sea
Offshore

Chinese Fishing Vessels “Accidentally” Cut Seismic Streamers in South China Sea

(Bloomberg) — Chinese fishing vessels accidentally cut the cables of a Vietnam Oil & Gas Group seismic ship doing work in Vietnam-controlled waters

December 4, 2012
Total Views: 125

Monday, December 3, 2012
Vale: Global Iron Ore Demand “Far From Peaking”

Vale: Global Iron Ore Demand “Far From Peaking”

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

December 3, 2012
Total Views: 22

Wednesday, November 28, 2012
Mr. Zhang Ye President of Shanghai Shipping Exchange
News

Shanghai Shipping Exchange Looks to Challenge the Baltic

(Bloomberg) — Shanghai Shipping Exchange introduced dry-bulk and oil-tanker indexes in a challenge to a 268-year-old London bourse that sets freight

November 28, 2012
Total Views: 65

Tuesday, November 27, 2012
China’s Aircraft Carrier: How Big a Step Forward?
Interesting

China’s Aircraft Carrier: How Big a Step Forward?

By Andrew Erickson and Gabe Collins Two months after China’s first aircraft carrier Liaoning was commissioned, and a year and a half after it began sea

November 27, 2012
Total Views: 113

Monday, November 26, 2012
China Lands Jet on New Aircraft Carrier [VIDEO]
Navy

China Lands Jet on New Aircraft Carrier [VIDEO]

BEIJING–China has passed a landmark in the development of its first fully functional aircraft carrier with the first successful landing of a jet fighter

November 26, 2012
Total Views: 75

Tuesday, November 20, 2012
CSCL to Sell One Fifth of Total Container Capacity

CSCL to Sell One Fifth of Total Container Capacity

HONG KONG–China Shipping Container Lines Co. (2866.HK), or CSCL, plans to sell a fifth of its shipping containers for US$358.6 million to raise cash and

November 20, 2012
Total Views: 47

Monday, November 19, 2012
Rongsheng Heavy CEO: “There is a need to shift our focus to the offshore and marine business”
Offshore

Rongsheng Heavy CEO: “There is a need to shift our focus to the offshore and marine business”

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over

November 19, 2012
Total Views: 58

Tuesday, November 13, 2012
Beijing Wields Big Stick on Valemaxes

Beijing Wields Big Stick on Valemaxes

BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China

November 13, 2012
Total Views: 48

Monday, November 12, 2012
Nils Smedegaard Andersen
News

Maersk CEO: China’s Evolution into a Consumer Economy Will be “Very, Very Positive for Us”

(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container shipping line, is betting that China will evolve into a consumer

November 12, 2012
Total Views: 60