China’s Seacon Shipping is selling a bareboat chartered modern chemical and oil products carrier to Hong Kong shipowner and leasing specialist SeaKapital. The Hong Kong-listed, Qingdao-based owner and operator has struck a deal to offload the 2021-built 34,800 dwt MR1 Golden Daisy for roughly...
https://splash247.com/seacon-flips-leased-product-tanker-to-seakapital/
The government of South Korea has imposed sanctions on a non-flagged vessel the country seized for illegally transporting iron ore produced in North Korea. Sanctions were also imposed on two Chinese nationals, Sun Zhengzhe and Sun Feng, who operated the ship and Russian company LLC Consul DV, which...
https://splash247.com/north-korean-iron-ore-shipments-spark-sanctions/
Beijing has moved to prevent the sale of CK Hutchison’s ports division to BlackRock and Mediterranean Shipping Co (MSC), a transaction that was meant to have gone through tomorrow. The decision last month by the Li Ka-shing-controlled conglomerate to sell 80% of Hutchison Ports for $22.8bn in a...
https://splash247.com/beijing-looks-to-put-the-brakes-on-the-sale-of-hutchison-ports/
One of the world’s most famous skylines has a new nautical look. A giant anchor that belonged to the largest ship ever built has been hauled into place on the waterfront of Central in Hong Kong, as part of plans to celebrate the 20th anniversary of the city’s maritime museum. The anchor of the...
https://splash247.com/famous-anchor-takes-centre-stage-in-hong-kong/
Hong Kong conglomerate Caravel Group has raided the local stock market to acquire a significant stake in fellow dry bulk giant Pacific Basin Shipping. Caravel Maritime Ventures, part of the Banga family’s Caravel Group, has picked up 388.5m shares, corresponding to a 7.53% stake in the Martin...
https://splash247.com/caravel-group-buys-into-pacific-basin/
CK Hutchison Holdings Ltd. warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong conglomerate reported weaker-than-expected profit while a ports sale plan faces uncertainty after infuriating Beijing.
https://gcaptain.com/ck-hutchison-flags-political-risk-as-port-deal-upsets-china/
Hong Kong-based conglomerate CK Hutchison is facing intense criticism from Beijing over its ports sale to a BlackRock-led consortium, fueling speculation as to whether China could take steps to scupper the deal.
https://gcaptain.com/what-levers-do-china-and-hong-kong-have-over-ck-hutchisons-port-deal/
China’s Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison’s port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.
Puertos de Hutchison El precio de las acciones de CK Hutchison se sumergió hoy en Hong Kong tras las críticas públicas de Beijing sobre sus planes de vender la mayoría de su división de puertos a BlackRock y Mediterranean Shipping Co (MSC) por $ 22.8 mil millones, poniendo en duda si la...
https://fullavantenews.com/beijing-blasts-venta-de-puertos-de-hutchison/?lang=es
CK Hutchison’s share price plunged today in Hong Kong following Beijing’s public criticism of its plans to sell the majority of its ports division to BlackRock and Mediterranean Shipping Co (MSC) for $22.8bn, bringing into question whether the transaction, the largest ports deal in history, will be...
https://splash247.com/beijing-blasts-sale-of-hutchison-ports/