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China News

Antong administrator signs restructuring deal with China Merchants and AVIC TrustAntong administrator signs restructuring deal with China Merchants and AVIC TrustThe administrators of Chinese domestic container shipping major Antong Holdings has officially signed with Fujian Zhaohang Logistics Management to conduct a restructuring.15 October 2020 Thursday 11:00
Chinese state fund injects $447m into SinoOceanChinese state fund injects $447m into SinoOceanChinese state fund injects $447m into SinoOcean to promote the sale of idle offshore assets14 October 2020 Wednesday 18:00
China opens up 10 ports for foreign crew changesChina opens up 10 ports for foreign crew changesChina has opened up 10 ports for foreign crew changes as the country eases entry restrictions for foreign nationals.13 October 2020 Tuesday 12:00
Cambodia-China Deal Suspected in Razing of U.S.-Built Naval CenterCambodia-China Deal Suspected in Razing of U.S.-Built Naval CenterContractors have demolished a U.S.-built facility at Cambodia's Ream Naval Base, adding further impetus to reports that the Cambodian government has struck a deal with China for the refurbishment and use of the site.05 October 2020 Monday 17:00
In Reversal, Duterte Backs South China Sea Arbitral RulingIn Reversal, Duterte Backs South China Sea Arbitral RulingLast week, in a departure from his previous stance, Philippine President Rodrigo Duterte expressed unqualified support for the 2016 ruling of the Permanent Court of Arbitration in the Hague.28 September 2020 Monday 16:20
The Sino-Japanese Maritime Dispute in the East China SeaThe Sino-Japanese Maritime Dispute in the East China SeaIn August 2020 China lifted the annual summer ban on its fleet’s fishing in the East China Sea (ECS). Amid speculation that China may use the opportunity to assert its claim over the Japanese-controlled Senkaku Islands, U.S. and Japanese naval forces cond21 September 2020 Monday 10:10
U.S. Violated Trade Rules With Tariffs on China, WTO SaysU.S. Violated Trade Rules With Tariffs on China, WTO SaysThe World Trade Organization undercut the main justification for President Donald Trump's trade war against China, saying that American tariffs on Chinese goods violate international rules.16 September 2020 Wednesday 12:0
China Expands its Island-Building Strategy Into the Mid-PacificChina Expands its Island-Building Strategy Into the Mid-PacificThe world knows the Republic of Kiribati as a very low-lying nation in the mid-Pacific that is in danger of inundation as the climate changes and sea levels rise.15 September 2020 Tuesday 14:00
Near-term US-China VLCC trades to spike, but uncertainties remain aheadNear-term US-China VLCC trades to spike, but uncertainties remain aheadThe VLCC market can look to an expected improvement in US Gulf exports to China over the coming weeks, though uncertainties will kick in by early-November, according to analyst Poten & Partners.07 September 2020 Monday 16:00
Guangzhou port and Shaoguan to jointly develop terminal projectGuangzhou port and Shaoguan to jointly develop terminal projectChina's Guangzhou Port and Shaoguan city in Guangdong province have signed a cooperation agreement to invest in over RMB1bn ($146.4m) to develop a terminal project at Shaoguan port.07 September 2020 Monday 15:00
MacGregor wins record contract for offshore wind vessel systemMacGregor wins record contract for offshore wind vessel systemMacGregor reports that it has secured a contract to supply a monopole installation system for the OHT offshore wind foundation installation vessel Alfa Lift.31 August 2020 Monday 10:09
New Cranes Arrive From China to Expand Le Havre's Container PortNew Cranes Arrive From China to Expand Le Havre's Container PortThe new gantries are scheduled to enter service in October adding to the 10 gantries already at Le Havre’s Port 2000 terminals.29 August 2020 Saturday 12:30
CCCC & China Shipbuilding Group among 24 sanctioned Chinese companies by the USCCCC & China Shipbuilding Group among 24 sanctioned Chinese companies by the USThe U.S. Department of Commerce has blacklisted 24 Chinese companies for their role in supporting the Chinese military construct and militarize the disputed artificial islands in the South China Sea.28 August 2020 Friday 10:30
U.S. Dishes Out First Sanctions in South China Sea DisputeU.S. Dishes Out First Sanctions in South China Sea DisputeThe United States on Wednesday blacklisted 24 Chinese companies and targeted individuals it said were part of construction and military actions in the South China Sea, its first such sanctions move against Beijing over the disputed strategic waterway.26 August 2020 Wednesday 15:35
China’s Plans To Boost American Oil ImportsChina’s Plans To Boost American Oil ImportsOil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and September countered rising tensions between the two countries and a delay in the review of their trade pact over the weekend.17 August 2020 Monday 14:00
NYK and China Merchants Launch Initiatives to Commercialize AmmoniaNYK and China Merchants Launch Initiatives to Commercialize AmmoniaIn Japan, a group led by NYK Line announced efforts to speed the commercialization of ammonia while in China a new research partnership is being launched by China Merchants and the Italian and Chinese class societies.13 August 2020 Thursday 09:55
China's Giant Three Gorges Dam Faces Major TestChina's Giant Three Gorges Dam Faces Major TestChina’s leaders certainly have a lot to worry about at home. Poverty within China is still a major problem. Environmental problems have been getting worse. And the domestic social and economic impacts of the coronavirus crisis have hit China hard.04 August 2020 Tuesday 10:05
China Merchants Port intends to invest in Antong Holdings restructuringChina Merchants Port intends to invest in Antong Holdings restructuringThe financially troubled Chinese container shipping company Antong Holdings has announced that the company has a potential investor in the shape of China Merchants Port to fund its restructuring.30 July 2020 Thursday 12:30
China's Navy Builds Up its Amphibious Assault CapabilityChina's Navy Builds Up its Amphibious Assault CapabilityChina's navy is making a significant investment in amphibious assault vessels to support expeditionary operations, like landings on disputed islands in the South China Sea.25 July 2020 Saturday 13:00
Op-Ed: Selective Retreat from Trade with China Makes Sense for AmericaOp-Ed: Selective Retreat from Trade with China Makes Sense for AmericaEconomists have long agreed that free international trade can benefit countries when it is based on the principle of comparative advantage24 July 2020 Friday 10:10
Shipping lending dips to lowest level in over a decade, BNP Paribas largest portfolioShipping lending dips to lowest level in over a decade, BNP Paribas largest portfolioAt the beginning of 2020 lending to shipping by the world’s top 40 ship financers was at its lowest level in more than a decade and global ship finance is expected to remain constrained in 2020/2021 in the absence of new positive factors.21 July 2020 Tuesday 16:00
CSSC, China’s Maritime Safety Administration to advance marine sectorCSSC, China’s Maritime Safety Administration to advance marine sectorChina State Shipbuilding Corporation (CSSC) and China’s Maritime Safety Administration have signed a strategic cooperation agreement for marine equipment and technology development.18 July 2020 Saturday 13:00
U.S. Aircraft Carriers Return to South China Sea Amid Rising TensionsU.S. Aircraft Carriers Return to South China Sea Amid Rising TensionsFor the second time in two weeks, the United States has deployed two aircraft carriers to the South China Sea, the U.S. Navy said on Friday, as China and the United States accuse each other of stoking tensions in the region.17 July 2020 Friday 17:00
New Dayang Shipbuilding secures order for four bulk carriersNew Dayang Shipbuilding secures order for four bulk carriersChina’s New Dayang Shipbuilding has received orders for four bulk carriers from compatriots Zhejiang Shipping Group and Fujian Shishi Dingsheng Shipping.17 July 2020 Friday 14:55
Funing set to be towed for repairs following loss of powerFuning set to be towed for repairs following loss of powerThe China Navigation Company log carrier Funing which lost power in the Port of Tauranga, New Zealand over a week ago is set to be towed for repairs.14 July 2020 Tuesday 14:02
Container volume at major Chinese ports up 3.4% in early JulyContainer volume at major Chinese ports up 3.4% in early JulyContainer volumes at eight major Chinese ports increased 3.4% year-on-year in early July.14 July 2020 Tuesday 10:45
Cargo ship aground, crew evacuated, South China seaCargo ship aground, crew evacuated, South China seaIn the morning Jul 10 cargo ship KAI SHENG 2 ran aground some 50 nm ENE of Zhanjiang, Guangdong Province, southern China, being caught in stormy weather.11 July 2020 Saturday 21:10
Swire Bulk to be separated from China Navigation CoSwire Bulk to be separated from China Navigation CoSwire is splitting its bulk shipping activities away from China Navigation Company (CNCo) into a new entity Swire Bulk.09 July 2020 Thursday 10:45
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