The bulk carrier Hua Jiang 17 allided with a grain terminal at Taizhou Port after it suffered a main engine failure.
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All but three of the major main lane service offerings have suffered from blank sailings since their inception
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The new joint pool will have more than 60 tankers and both companies intend to further increase capacity over time
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Move is part of bid to boost attractiveness of island flag.
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The parent of New Dayang Shipbuilding wants to become China’s answer to Japan’s trading house builder-owners
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