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China's First

Chinese Yards to Build More LNG Tankers

Chinese shipbuilders are gearing up to build liquefied natural gas (LNG) tankers as the government approves more projects to import the fuel. China's first home-built LNG tanker will be completed in November by Shanghai's Hudong-Zhonghua Shipbuilding Co, which has orders for three more at about $200 million apiece. Another three Chinese shipmakers are ready to build the tankers, the most complex and expensive type of cargo carrier. Next month, China will receive its first cargo of LNG in Guangdong from Australia amid plans to double gas use by 2010 to curb coal pollution. The country is developing its domestic shipbuilding industry to secure transportation of imported raw materials for the expanding economy. China's shipyards plan to double capacity by 2010 as they compete with rivals in South Korea and Japan for market share. Shipowners spent $71.5 billion on new vessels last year, 6.3 percent less than in 2004, as record prices curbed orders for container ships, dry-bulk carriers and tankers. (Source: Bloomberg)


CNOOC Pairs with Husky to Explore Deep Water Oil

CNOOC Ltd.’s unlisted parent company plans to start deep water oil and gas exploration in the South China Sea with Canada's Husky Energy Inc. next year, according to AP report. If the scheduled exploration finds sizable reserves in a bloc in the South China Sea about 185 miles south of Hong Kong, it will be China's first deep water oil and gas field. CNOOC's parent company is currently restricted to pumping oil and gas offshore at no deeper than 350 m


ROC Navy to Have First Female Warship Captain

A young naval officer will soon become the Republic of China's first female warship captain after completing a series of stringent training and grueling tests. Naval Lt. Commander Hsieh Ai-chieh, 30, will set a precedent in the Navy of the Republic of China to lead the 500-ton domestically-developed Chinchiang-class auxiliary warship. Hsieh, growing up in central Changhua County, passed her opportunity to enter one of the top universities in 1944.


Chinese Ship Sales Legally To Taiwan

More than half a century of family division ended in hugs and tears of joy on Tuesday after the first mainland Chinese ship to sail legally to Taiwan since 1949 arrived at the heavily-fortified island of Quemoy. The China-registered Gulangyu, or Piano Island, docked to be welcomed by the sounds of gongs, drums and firecrackers, in another sign of rapprochement efforts between the long-term adversaries. Aboard the passenger ferry were 80 elderly Quemoy natives stranded on the mainland since


China Chooses Xian as Nation's First International Hub Port

China logistic network: Schematic courtesy of Xian Hinterland International Transit

Shaanxi province plans to build China's first hinterland international intermodal transit hub port to link the overland international freight route [see map] which they dub a new 'silk road', reports Xinhua. The proposed Xian Hinterland International Transit Hub Port will focus on international logistics transit business and develop itself into a strategic pivot offering services between China's east coastal and western regions.


China lends Argentina $7.5 bln for Power, Rail Projects

Argentine President Cristina Fernandez and her Chinese counterpart, Xi Jinping,

  Argentina signed deals on Friday to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. Among the deals signed, Argentine President Cristina Fernandez and her Chinese counterpart, Xi Jinping, agreed on a loan for $4.7 billion from the China Development Bank for the construction of two hydroelectric dams in Patagonia


China Province Starts Taiwan Direct Shipping Route

North China's Hebei Province recently opened the first direct cargo route to Taiwan when a cargo of 36,000 tonnes of coal left Qinghuadao Port for Taiwan Direct trade routes between China & Taiwan have been frozen for a number of years. The Wuxing 6 bulk carrier left Qinghuadao Port, China's largest coal transfer port, for the Taitung and Kaohsiung ports in Taiwan, Tuesday marking the first cargo shipment between Hebei and Taiwan.


China's First LNG-powered Tugs to Have Wärtsilä Engines

Wärtsilä 34DF Engine: Photo credit Wärtsilä

Wärtsilä to supply dual fuel main engines for two environmentally sustainable tugs being built by China National Offshore Oil Corp subsidiary The tugs are being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National Offshore Oil Corp. (CNOOC). The vessels are the first in a planned series to be fuelled by liquefied natural gas (LNG), and will be the first tugs in China ever to be operated on gas


SINOPACIFIC’s Design SPP17A Secures First Order from Mexico

SINOPACIFIC’s In-house Design SPP17A Secures First Order from Mexico

  Sinopacific Shipbuilding Group (SINOPACIFIC), has recently signed a contract with a Mexican shipping company, Naviera Petrolera Integral S.A. de C.V. for the construction of 3 (three) SPP17A vessels. All vessels will be built in SINOPACIFIC’s Zhejiang Shipyard and are expected to be delivered before the end of 2015. Following that, the new vessels will be used by PEMEX, Mexico’s largest governmental owned oil company


China's Q1 Trade with N.Korea up Despite Sanctions

China's trade with North Korea rose in the first quarter in spite of tough new international sanctions this year targeting Pyongyang's banned nuclear program, including curbs on coal imports.   Imports from the isolated country, consisting mainly of coal and clothes, rose 10.8 percent from a year earlier, customs spokesman Huang Songping said on Wednesday.   China's exports to North Korea in the first quarter rose 14


China Says Hopes New Japanese Carrier Doesn't Mark Return to Militarism

China said on Thursday that it hoped the entry into service of Japan's second big helicopter carrier, the Kaga, did not mean a return to the country's past militaristic history.   The ship, along with its sister the Izumo, gives Japan's military greater ability to deploy beyond its shores


CNOOC Reports Worst Result Since At Least 2011

File photo: CNOOC

 China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its core oil and gas business tumbling 17 percent last year, but it expects to raise output 2017 as oil prices rebound.  


China Could Deploy South China Sea Warplanes Now

China appears to have largely completed major construction of military infrastructure on artificial islands it has built in the South China Sea and can now deploy combat planes and other military hardware there at any time, a U.S. think tank said on Monday.  


China-bound Norwegian Joy Sets Sail

Photo: Norwegian Cruise Line

 Norwegian Joy, Norwegian Cruise Line’s first custom-designed ship for the Chinese cruise market, began her journey to her home port of Shanghai, China this week, as she departed the Meyer Werft shipyard in Papenburg, Germany on Sunday


Royal Caribbean cuts South Korean Ports from China Cruises

Royal Caribbean Cruises Ltd will remove visits to South Korean ports from its China cruises, the firm said in a statement, amid rising tension between the two countries over Seoul's deployment of a U.S. missile defence system.   In a post on its Chinese website, the U.S


China Dismisses Philippine Concerns Over EEZ Incursions

China on Friday dismissed concerns expressed by the Philippine defence minister over what he believed to be survey missions by its ships deep into the southeast Asian nation's 200 nautical mile exclusive economic zone (EEZ).   Amid a warming relationship


Asia Dry Bulk-Capesize Rates to Climb Again

File Image (CREDIT: AdobeStock)

Number of spot capesize cargoes double from January levels; Pacific capesize earnings now around $14,000 per day.   Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-month highs this week, are set to jump further next week on tight tonnage supply and


Bangladesh’s First 2 Submarines Commissioned

Photo: Bangladesh Navy

 Bangladesh Prime Minister Sheikh Hasina officially has commissioned the two China-made 035G diesel-electric submarines  – BNS Nabajatra and BNS Joyjatra.    With the addition of the submarines, the Bangladesh Navy can, for the first time


N.Korean Ship sinks off China, All Rescued

A North Korean cargo vessel called Kum San sank off the east coast of China early on March 9 after colliding with a Chinese fuel tanker, which rescued 27 crew members, the Ministry of Transport said in a statement on Monday.   The collision took place near the port of Lianyuanhang in


Wary of China, Duterte to Increase Naval Patrols

Philippine President Rodrigo Duterte has ordered the navy to put up "structures" to assert sovereignty over a stretch of water east of the country, where Manila has reported a Chinese survey ship was casing the area last year.  


Spliethoff Orders Six Vessels from China

Image: Spliethoff

Amsterdam-based shipping company Spliethoff has placed an order for six multipurpose vessels at the Zhejiang Ouhua Shipbuilding Co., Ltd., shipyard in China.    The 165-meter-long, approximately 18,000 dwt vessels of this new R-Class are designed in accordance with the Polar Code for


Japan Plans to Send Largest Warship to South China Sea

Japan plans to dispatch its largest warship on a three-month tour through the South China Sea beginning in May, three sources said, in its biggest show of naval force in the region since World War Two.   China claims almost all the disputed waters and its growing military presence has


MOL Promotes 'Project & Heavy Cargo'

MOL booth at Breakbulk CHINA 2016. Photo: Mitsui O.S.K. Lines Ltd

 Mitsui O.S.K. Lines (MOL) plans to further promote "MOL Project & Heavy Cargo," its brand for plant/heavyweight cargo transport services.   The MOL Group will expand "MOL Project & Heavy Cargo" activities in both Asia and Europe to enhance its initiatives


China Asks: Why is Japanese Warship Going to South China Sea?

The Bridge of JDS Kirishima in JMSDF Yokosuka Naval Base, Japan. She is a Kongo-class guided missile destroyer in the Japan Maritime Self-Defense Force. CREDIT: JPAaron AdobeStock

China said on Tuesday it was waiting for an official word on why Japan plans to send its largest warship on a three-month tour through the South China Sea, but that it hopes Japan can be responsible.   China claims almost all the disputed waters and its growing military presence has fuelled


China Pledges Firm Response to Japan's S.China Sea Visit

China on Thursday pledged a firm response if Japan stirs up trouble in the South China Sea, after Reuters reported on a Japanese plan to send its largest warship to the disputed waters.   The Izumo helicopter carrier, commissioned only two years ago, will make stops in Singapore, Indonesia






 
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