Hong Kong survives Clipper shakedown

May 8, 2019 Michael Grinter 0

Danish-headquartered Clipper Bulk A/S, a global operator of Handysize and Supramax vessels, said Monday it would undertake an organization-wide review of its operations in the face of a steep market downturn. A series of initiatives […]

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OOCL gets off to solid start in Q1

April 29, 2019 Michael Grinter 0

Hong Kong-based liner company Orient Overseas Container Line (now a unit of Cosco) saw revenue boosted by 5.9% in the first quarter of 2019, according to its latest trading update. Revenue topped US$1.46bn compared to […]

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Valles departs dry bulk

April 16, 2019 Michael Grinter 0

One of Hong Kong’s most prominent dynastic shipping companies, Valles Steamship has offloaded its last dry bulker, the panama ship, Silver Dragon for US$8.2m. The sale comes just five months after the sister ship, Silver […]

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