Latest From Angela Yu
Fujian Guohang axes newbuild bulker pair in fleet strategy shift
The move comes as Fujian Guohang seeks to realign its fleet strategy amid shifting trade flows
Hengli Heavy wins another 10 kamsarmaxes, reaching 20 in two weeks
Backed by strong government support and a growing offshore portfolio, the Dalian-based builder now holds an orderbook stretching to 2029
Sanctions squeeze on Russian and Iranian oil seen lifting ‘clean’ tanker demand, CMES says
The Shanghai-listed shipowner says ageing global tanker fleets and limited shipbuilding capacity will further support freight rates amid shifting trade patterns
Cosco Shipping weathers earnings storm as port fee suspension brings hope
China–US trade agreement provides a glimmer of hope for transpacific shipping
Hengli’s reverse takeover revives Songfa as profitable shipbuilder amid order boom
Company’s outlook is expected to be further powered by booming new orders, state support and possibly easing US-China trade tensions
Two missing following Wan Hai boxship collision with bulker
Thirteen of the bulker’s 15 crew have been rescued, while search continues for two missing