• Wed
  • Sep 17, 2014
  • Updated: 6:24am


Life at sea beckons for city's young and educated

After years of shunning a career at sea, youngsters are showing increasing interest in sailing the world's oceans working on board massive cargo ships and tankers.

Sunday, 6 January, 2013, 4:06am

Anglo-Eastern and Teekay join forces

Hong Kong's Anglo-Eastern Ship Management has formed a strategic partnership with global tanker operator Teekay to pave the way for the creation of a joint ship management firm overseeing part of Teekay's fleet.

29 May 2012 - 12:00am

Efficiency driving shipping rents as fuel costs rise

Shipping lines could see a two-tier market emerge for their vessels as a result of soaring fuel prices and the introduction of more fuel-efficient ships, the head of Hong Kong's largest ship-management company said.

24 Mar 2012 - 12:00am

Shipowners want U.N. protection

Asian shipowners will lobby the global shipping industry to back a proposal for the deployment of United Nations troops on merchant ships in order to combat pirate attacks in the Gulf of Aden and Indian Ocean.

10 Mar 2012 - 12:00am

Judge orders sale of seized tanker

Admiralty judge Mr Justice Anselmo Reyes yesterday ordered the valuation and sale of a supertanker detained in Hong Kong since the middle of October over the non-payment of bank loans.

7 Dec 2011 - 12:00am

Tankers outstrip crude orders

The mainland's insatiable appetite for oil will not be enough to absorb all the new crude oil tankers due to be delivered over the next three years.

The growing move by China to control more of its own merchant tanker fleet will also reduce opportunities for foreign shipowners to charter vessels to mainland companies, shipping experts warned yesterday.

29 Sep 2011 - 12:00am

Profits ahoy in tanker deal

Well-heeled Hong Kong and mainland investors are among those being targeted by a shipping group that aims to buy and charter four to six oil tankers worth up to US$200 million in a customised club deal.

14 Jul 2011 - 12:00am

China's oil demand remains 'wild card' in tanker market

China's uncertain demand for imported oil will be one of the key influences that will affect tanker markets in the medium to long term, according to leading shipowners.

27 Apr 2011 - 12:00am

China Shipping confirms 4b yuan bonds issue plan

China Shipping Development, one of the mainland's largest tanker and dry bulk cargo ship operators, confirmed it planned to issue convertible bonds to raise up to 3.85 billion yuan (HK$4.56 billion) later this year to finance the construction of 19 ships.

18 Mar 2011 - 12:00am

Tanker pair jailed over S Korean oil spill, causing industry outrage

A South Korean court has jailed the captain and a crewman of a Hong Kong-registered supertanker for involvement in Korea's largest oil spill, sparking outrage from the owner and international shipping groups.

11 Dec 2008 - 12:00am