Bulk Carrier

Chellaram fleet to expand despite dry bulk worries

10 Apr 2012

Chellaram Shipping, one of Hong Kong's largest independent shipowners, is looking to further expand its fleet of dry cargo ships despite concerns about the challenges facing the dry bulk sector....

12:20PM

Courage Marine bearish on market

10 Dec 2011

The dry bulk cargo market, which has seen charter rates dive by up to 58 per cent in the past year, is unlikely to recover until next year, the head of dry bulk shipping company Courage Marine...

2:56AM

China seen as key for iron ore, shipping firms

14 Nov 2011

China will remain the world's key iron ore market for mining companies and the global dry bulk shipping industry, despite concerns about the future of the country's infrastructure boom and an...

12:40AM

Speculation blamed for woes

11 Nov 2011

Global shipping markets have become a 'speculators' heaven' feeding a frenzy of new ship orders and explosive shipbuilding capacity which has put the international maritime industry in crisis, the...

12:24AM

KC Maritime intensifies dry cargo focus

4 Nov 2011

Hong Kong shipowner KC Maritime has strengthened its focus on the dry cargo market after taking delivery of the first of five large Panamax bulk carriers under an order worth about US$200 million...

11:55PM

Supply glut is a bigger risk than carriers

4 Oct 2011

Worries among mainland shipowners that a raft of giant iron ore carriers entering service over the next three years would hurt the dry bulk shipping market are not as great as the threat of...

9:10PM

Opinion

Ferry companies shouldn't be subsidised while they burn dirty fuel

2:53AM

Shirley Yam

What were our top officials doing to let HKMEx fail?

4 comments

3:37AM

Mainland shipyards on course to consolidate

Mainland shipyards are set to consolidate as declining orders coupled with tighter credit controls make it harder for smaller shipyards to compete with their larger rivals.

9:05PM

Sinotrans defies trend to post US$55m profit

Sinotrans Shipping's share price rose 5.2 per cent yesterday after it reported a better-than-expected net profit of US$55.22 million for the first six months of the year.

5:57PM

China Rongsheng targets 6-month orders of US$1b

China Rongsheng Heavy Industries will focus on winning more new ship orders from mainland shipowners in the second half of this year to offset a possible drop in orders from the West.

5:45PM

Price war looms for shipyards on the mainland

Chinese shipyards could find it more difficult to compete against South Korea and Japanese on price alone if the yuan continues to appreciate against the US dollar, according to a leading ship...

8:08AM

Asian shipyards face overcapacity threat

Huge numbers of shipyard workers could be laid off by Asia's shipbuilders if yards, including facilities on the mainland, are unable to tackle rising overcapacity, warns the Baltic and...

12:02PM

Shipping boom and bust could happen again

The shipping industry should take a broad, systemic approach to regulation and issues affecting the sector, says the head of one of the world's oldest ship safety organisations.

4:08PM