Latest From Angela Yu
Yangzijiang closes deal to acquire stake in Tsuneishi Zhoushan
Yard secures strategic stake in Tsuneishi’s shipbuilding unit, enhancing its market position
Cosco Shipping doubles profit
The company reported a 6.1% rise in total container throughput for its port operations in 2024, reaching 144m teu, while revenue grew 4% to CNY10.8bn.
CMA CGM partners with SIPG and Shanghai Electric on bio-methanol supply
The deal taps Shanghai Electric’s Taonan production base in northern China to provide up to 200,000 tonnes per year transported through Shanghai port, as it builds up its green fuel capacity
Asian container lines team up to launch new Mexican route
Seven container liners behind new liner loop that will set sail between Asia and Mexico from April 30
Keelung port oil spill contaminates multiple ships
Port clean-up efforts underway after a containership spills 100 litres of heavy fuel oil
Beijing casts shadow over CK Hutchison’s blockbuster port sale as national interest concerns raised
Beijing’s representative office in Hong Kong has amplified criticism of CK Hutchison’s $22.8bn port asset sale to a BlackRock-led consortium by reposting a scathing local newspaper article, fuelling speculation Chinese authorities are pressuring tycoon Li Ka-shing to reconsider the deal