Evergreen in talks for mega boxship sale and leaseback deal Taiwanese liner Evergreen is currently in negotiations with an unnamed third party for the sale and leaseback of two 24,000 teu mega boxships. The deal will be carried out through Evergreen’s subsidiary Greencompass Marine. No other...
https://splash247.com/evergreen-in-talks-for-mega-boxship-sale-and-leaseback-deal/
Chinese clean energy supplier JOVO has announced that its IPO plan on the Shanghai Stock Exchange has been granted approval by China Securities Regulatory Commission. The company is looking to raise RMB2.677bn ($414m) from the IPO and most of the proceeds will be used for the construction of two...
https://splash247.com/chinas-jovo-looks-to-raise-414m-from-ipo-to-fund-lng-carriers/
The Central Commission for Discipline Inspection of the Chinese Communist Party (CCDI) has announced it has expelled Hu Wenming, former chairman of state-run shipbuilding giant China Shipbuilding Industry Corporation (CSIC) Hu has been under criminal investigation since March 2020 after he left his...
https://splash247.com/former-csic-chairman-expelled-by-chinese-communist-party/
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback agreement with Minjun Shipping, a wholly owned subsidiary of China Minsheng Holdings. Under the agreement, four special purpose vehicles of CSSC Shipping, namely Fortune...
https://splash247.com/cssc-shipping-inks-sale-and-leaseback-for-four-bulkers-with-china-minsheng/
Taiwanese liner Wan Hai’s buying spree continues with the acquisition of 2005-built 6,350 teu boxship from Greek owner Costamare. The company announced that it bought the Japanese-built ship for a price of $24.75m, substantially higher than VesselsValue’s valuation of $20.52m for the vessel. The...
China Ocean Industry is looking to revive its shipbuilding business at its Jiangzhou Union Shipbuilding as part of a plan to improve its financial condition. The company revealed that it is now actively discussing with the Jiangxi government and its long-term partner for the possibility of...
Sinotrans-affiliated Qingshan Shipyard has entered into a contract with Hunan Weisen Logistics to covert five ships into dedicated vegetable oil transport ships. In the meantime, the two parties also signed a letter of intent to covert more ships in the future. Weisen Logistics mainly operates...
https://splash247.com/qingshan-shipyard-secures-ship-conversion-contract/
Taiwanese containerline Evergreen Marine has announced that 36 containers have fallen off its 2014-built post-panamax vessel due to rough sea conditions. The incident happened while the ship was en route to Los Angeles after leaving the Port of Busan. According to the company, the 8,452 teu...
https://splash247.com/evergreen-boxship-loses-36-containers-in-rough-seas/
Two people have died and seven others remain missing after a bulk carrier with 13 crew onboard sank yesterday off east China’s Zhejiang Province. The ship’s cargo hold was flooded due to strong waves about two nautical miles north of Cezi island in the Zhoushan archipelago. The ship was loaded with...
https://splash247.com/just-four-crew-found-as-bulk-carrier-sinks-off-zhoushan/
State-owned China Three Gorges Corporation has issued a tender, seeking contractors for the construction of two vessels for offshore wind farm development. The company is looking to build one self-elevating wind farm installation vessel and a crane vessel within an 18-month period. Shipyards have a...
https://splash247.com/china-three-gorges-issues-tender-for-two-wind-vessels/