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Northeast Asia Correspondent
Based in Hong Kong, Cichen Shen is the China Editor for Lloyd’s List. He is responsible for covering a wide range of maritime issues, from the Cosco-China Shipping merger and the growth of Chinese lessors to the collapse of Hanjin and the integration between the Japanese carriers.
Cichen is a frequent interviewer of the top business leaders in Asian shipping.
Prior to his role at Lloyd’s List, Cichen worked as a reporter for China’s Caijing Magazine in Beijing and was a local producer for the US National Public Radio and the Canadian Broadcasting Corporation in Shanghai.
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Latest From Cichen Shen
Vessel will commence an 18-month time charter as a LNG carrier with Cheniere in September, before a long-term charter with Australian Industrial Energy’s regasification project at Port Kembla
Brightoil has recouped $201.6m from the disposal of three very large crude carriers and one aframax in June, and is expected to recover another $230m-$250m from the sale of the remainder of the fleet
There is also a big question mark on the blended fuels, says Teo Siong Seng
The assets disposed of include Ouhua’s shipbuilding facilities on Xiaoqian Island in Zhoushan and eight vessels under construction
Chairman Ren Yuanlin’s possible return to the helm is hugely important for Yangzijiang, which is pinning its hopes on a big turnaround in the second half to hit its full-year new order target. The return of the business maestro would inspire confidence that it is heading in the right direction
Order comes following the company’s deteriorating bottom line in the second quarter