Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...
By Bill Lehane (Bloomberg) –Supertankers hauling crude oil to China surged to the highest in almost a year. Some 124 of the vessels are signaling China — the world’s biggest oil…
https://gcaptain.com/oil-supertankers-headed-for-china-jump-to-the-highest-in-a-year/
By Laurie Chen QINGDAO, China, April 21 (Reuters) – The Chinese Navy on Sunday kicked off a biennial meeting of top foreign naval officials in the port city of Qingdao, in a…
https://gcaptain.com/china-hosts-foreign-naval-officials-amid-south-china-sea-tensions/
Swedish shipping company Wallenius Lines recently took delivery of the first vessel in a new series of pure car and truck carriers (PCTCs) built by CIMC Raffles of China. Future Way was designed jointly by Wallenius Lines subsidiary Wallenius Marine and Danish naval architecture form Knud E....
Hay tres procesos de negociación con países asiáticos que podrían traer novedades en el corto plazo. El hecho de que Perú presida este año, por tercera vez, el Foro de Cooperación Asia Pacífico (APEC) da el marco para que ello se concrete.
Mitsui OSK Lines (MOL) has awarded Chinese shipbuilder Taizhou Sanfu Ship Engineering a contract for the construction of a new heavy transport vessel. MOL’s dry bulk shipping arm MOL Drybulk will be the operator of the vessel, which will be used primarily for the transport of components of offshore...
GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group…
https://gcaptain.com/china-and-eu-trade-tensions-risk-a-full-trade-war/
Italian owner d’Amico International Shipping has signed a shipbuilding contract with Jiangsu New Yangzi Shipbuilding for the purchase of two new LR1 product tankers. The order was placed by the Italian firm’s Irish subsidiary, d’Amico Tankers. The price for each 75,000 dwt vessel will be $55.4m....
https://splash247.com/damico-orders-two-lr1-tankers-in-china/
Chinese bulker operator Jinhui Shipping and Transportation has chartered in a vessel under a long-term deal for the second time in less than a week. The Oslo- and Hong Kong-listed company has contracted a 2017-built newcastlemax True Neptune for at least 33 months from the Singapore-based Olam...
https://splash247.com/jinhui-bulks-up-with-newcastlemax-charter/
China’s Seacon Shipping has returned to Fujian Southeast Shipbuilding for more tankers. The Hong Kong-listed company has added two 18,500 dwt chemical/product carriers to four already booked at the yard earlier this year in a deal worth a total of $129.2m. The fresh order came at $32.3m each with...
https://splash247.com/seacon-boosts-tanker-fleet-with-newbuild-duo/