Yangzijiang buys a major stake in Chinese shipping firm for $28m
Jiangsu Huayuan Logistics is mainly engaged in leasing and chartering of vessels for China domestic trades
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April 2018
Bollore Under Formal Investigation in Africa Graft Probe
A French judge on Wednesday placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts.Bollore’s company…
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Pick Up Seen in Ships’ Demolition Market, on Pakistan News
News broke this past week that Pakistan has reportedly reopened the market for tanker imports, bound for recycling. In its latest weekly report, Clarkson Platou Hellas commented that “it has finally happened… following reports received, it is our under…
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China’s seaborne trade: a spectacular upwards trend
Brisk growth in China’s enormous seaborne trade has resumed over the past couple of years, following an earlier sharp slowing of the upwards trend. Potential for further expansion ahead is still visible, but it is not easy to foresee precisely how some…
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New Bunker Terms will boost harmonisation
BIMCO’s Documentary Committee is expected to adopt a new version of the standard contract Bunker Terms in New York on May 2. The Bunker Terms 2018 have been drafted by representatives from across the bunker industry. It is a balanced set of terms…
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