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Beijing scrapping subsidies boost China Cosco and China Shipping Development

CHINA Cosco Holdings and China Shipping Development expect to see a boost in 2014 annual profits, having pocketed considerable subsidies under Beijing’s scrapping

Lloyd's List , 29 Jan 2015

Two Chinese shipping giants to scrap total of 46 vessels

TWO large state-run Chinese shipowners have announced that they are to scrap 46 vessels in total, according to filings from Shanghai Stock Exchange.  China ......

Lloyd's List , 29 Jan 2015

Net profits of SHI down 77% in 2014

NET profits of Samsung Heavy Industries fell by more than three quarters on year in 2014, mainly due to cost overruns in offshore projects, ......

Lloyd's List , 29 Jan 2015

Boxship investment slides in 2014

CONTAINERSHIP newbuilding investment declined by more than 40% last year, as carriers focused their investment on ultra large tonnage . In its quarterly market ......

Lloyd's List , 29 Jan 2015

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