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Chinese Cargo Ship

China to Release Northern Sea Route Pilot Book

Arctic Navigation: File photo

The guide will offer comprehensive, practical and authoritative information for Chinese cargo ships for sailing through the Northern Sea Route, or Northeast Passage, to Europe, reports China Daily, citing Zhai Jiugang, deputy head of the Ministry of Transport's Maritime Safety Administration. The new route can save Chinese cargo ships 5,186 kilometers and nine days from the traditional voyage to Europe, which goes through the Malacca Straits and the Suez Canal. The guide elaborates on such things as the Northern Sea Route's nautical charts, sailing methods, ice-breaking providers and Arctic geography and climate, as well as laws and regulations of countries along the route, according to Wang Liangyu, a maritime mapping expert with the ministry's Donghai Navigation Safety Administration, which led the publication of the guide. According to the 'China Daily' the book's publication will make China the second country after Russia to issue an Arctic voyage guide. With the effects of global warming, the route has become more accessible for ships because the ice is melting faster. A total of 46 commercial ships went through the lane last year. Source: China Daily  


Missing Chinese Ship Confirmed Sunk

A Chinese cargo ship which was reported missing in the Bohai Sea of north China over two months ago has been found sunk in the sea with 10 people aboard missing, local maritime authorities said. The missing were unlikely to have survived, said an official with the Maritime Affairs Administration of Tianjin, a port city which is more than 70 nautical miles away from the site where the boat was found. The boat was reported missing on its way to Tianjin after it took some 500 tons of


Seventeen Missing after Ship Sinks off Northeastern China

Eight North Korean sailors were rescued but 17 remain missing after their cargo vessel sank Tuesday off the coast of northeastern China, the Xinhua News Agency reported. The 3,000-ton cargo ship Ryong Ak San was carrying 25 crew members and 2,900 tons of ore when it sank Tuesday afternoon off the coast of China's city of Dalian, the report said, quoting the city's maritime rescue office. The Chinese maritime authorities continue to search for the missing crew members amid strong winds that


Seamanship Trophy Recognizes Rescue

The captain and crew of a U.S.-flag merchant vessel will receive the American Merchant Marine Seamanship Trophy for their skillful action in rescuing two mariners from stormy seas. Capt. Tom McDorr and the crew of Horizon Falcon, owned by Horizon Lines, Inc., displayed superior seamanship last year when they saved the lives of two Chinese sailors whose vessel sank in the North Pacific. The Seamanship Trophy, which recognizes extraordinary seafaring skills by American mariners


Iran Warship Wrests Chinese Ship from Pirate Control

Chinese owned cargo ship hijacked by Somali pirates freed by Iran warship, crew rescued, fate of 9 pirates not stated All 28 Chinese crew members aboard a China-linked cargo ship hijacked by Somali pirates have been rescued, the Chinese embassy in Tehran said. The cargo ship, Xianghuamen, was hijacked by Somali pirates in the Sea of Oman near Iran's southern port of Chabahar.The vessel, registered in Panama, belongs to Nanjing Ocean Shipping company in eastern China.


Custom Ro-Pax Delivered in China

San sha No. 1 (Photo courtesy of Knude E. Hansen A/S)

The first Ro-Pax cruiser designed and built in China for the Chinese market has entered into service on January 1, 2015.   The ship, named San sha No. 1, can carry wheeled cargo, containers, trailers as well as passengers, and was delivered to China's southernmost city Sansha in Hainan Province to tackle the city's lack of transportation capacity.   The vessel is a conventional propulsion Ro-Ro Passenger vessel designed to transport vehicle and containers on a single cargo deck


Focus On China: Refineries, Pipelines And Vessel Supply

braemar.bmp

China’s demand for imported oil is, and will, continue to be one of the key influences on the tanker market, according to industry experts Braemar Shipping Services plc. Demand growth in the country has progressed at an unprecedented pace over the last decade, a pattern universally anticipated to continue. This additional demand will increase China’s dependence on imported crude with beneficial knock-on effects for the tanker industry. Refining capacity


Baltic Index Higher on Firm Panamax Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Monday, helped by firmer panamax rates.   The overall index rose one point, or 0.21 percent, to 478 points.   The index, which gauges the cost of shipping cargoes including iron ore, cement, grain and coal, and is seen by investors as an indicator of global industrial activity, touched an all-time low of 471 points on Dec. 16.  


Baltic Index Touches New Record Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand.   The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell four points to 293 points. The index slid below the 300 mark for the first time on Feb. 4.   The index is yet to rise in a single session this year


Coscocs Targets 2 Mln TEUs by 2018

Photo: China Cosco Shipping (COSCOCS)

 China's biggest shipping line China Ocean Shipping Corporation (Coscocs) has revealed an ambitious plan to increase its container shipping capacity to hit a 2 million TEUs over the next three years, says China Daily.   The company is raising the operational capacity in an effort to seize a larger slice of the cake, known as the East-West and South-North routes.   Wan Min, general manager of China COSCO Shipping


Guinean Sailors Arrested after Clash with Sierra Leone Navy

Sierra Leone was holding 11 Guineans including military personnel in custody on Wednesday following a confrontation at sea involving the two West African neighbours' navies, Sierra Leonean officials said.   The incident occurred early on Monday morning off the coast of northern Sierra Leone


Asia Dry Bulk-Capesize Rates Could Climb

File image: a so-called ValeMax bulk carrier, typically used in the Brazil-China trades (Credit: Vale)

More coal cargoes, rising oil prices could support rates. Freight rates for large capesize dry cargo ships on key Asian routes are likely to rise next week on an increase in coal cargoes and higher fuel prices, ship brokers said. That comes as Brent crude futures breached the psychologically


China COSCO Moving to Offshore Winds

Image: DEME

 China COSCO Shipping, which uses bulk carriers and container vessels to transport goods, has seen its cargo business decline amid China's slowdown and has decided to get into the offshore wind power generation business, reports  Nikkei.  


Konecranes-Terex Deal to Proceed as Zoomlion Drops Rival Bid

Photo: Terex Corp

China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion bid for U.S. crane maker Terex Corp , clearing the way for a smaller deal between Terex and Finland's Konecranes.   The decision comes after six months of merger talks between Terex and Zoomlion


Sonatrach Orders LPG Vessel from China

Photo:  Groupe SONATRACH

 Algeria’s state-run oil company Sonatrach has awarded two Chinese firms a $40 million deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, according to a Sonatrach document seen by Reuters.  


Philippines Detains 25 Chinese Fishermen for Poaching

Philippine fishing authorities said on Tuesday they had detained 25 Chinese crew of two seized fishing boats on suspicion of poaching, a move that could further strain ties between two countries at odds over maritime sovereignty. A joint team from the Philippine coastguard and the Bureau of


Asia Dry Bulk-Capesize Rates May Dip

Rates from Western Australia to China fall from six-month high. Freight rates for large capesize dry cargo ships on key Asian routes could slide next week as charterers rein in their activity following a flurry of fixtures which pushed rates from Western Australia to China to a six-month high


Zhonggu Shipping to Add Boxships

Photo: Zhoushan Changhong international shipyard

 Shanghai's Zhonggu Shipping may buy 3,398-TEU Stadt Aachen, that was up for sale for US$7.1 million, say local media reports.   Zhonggu Shipping earlier stated that it plans to acquire a handful of vessels this year, all of which will start operations between June and August.  


India: Iran Port Contract Likely

India will on Monday sign a commercial contract with Iran to build and run a strategic port on Iran's southern coast, the Indian government said on Friday, to help it gain a foothold in Iran and win access to central Asia and Afghanistan.


Asia Tankers-VLCC Rates to Dip Before Fuel Oil Fixtures

File Image: a so-called Suezmax tanker transits the Suez Canal (Suez Canal Authority)

Worst over for Aframax market as fuel oil cargoes lift rates. Freight rates for very large crude carriers (VLCCs) could slide further before finding a floor and recovering on a rebound in chartering activity, ship brokers said on Friday.


DP World at China’s Belt & Road Summit

DP World Group Chairman and CEO, Sultan  			          Ahmed Bin Sulayem, with Chief Secretary for Administration of the Hong Kong Government, Ms Carrie Lam and UAE Minister of Economy, HE Sultan Bin Saeed Al Mansouri at the Belt and Road Summit in Hong Kong. Photo DP World

Global trade enabler DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem spoke at China’s Belt and Road Summit in Hong Kong this week highlighting the need for better international cross-sector connectivity in order to realise the significant trade potential.  


IRISL’s New Service Makes First Call in Hamburg

Left to right: Malte Meisch, Sales Manager C. Steinweg (Süd-West Terminal); Dr. Nasr Bateni, CEO IRISL Europe; Capt. Jörn Scheffler, Operation & Cargo Planning IRISL Europe; Rainer Fabian, CEO C. Steinweg (Süd-West Terminal); Martin Riepenhusen, Sales Manager C. Steinweg (Süd-West Terminal); Klaus-Dieter Busch, Liners Manager Peter W. Lampke; Christian von Georg, CEO Peter W. Lampke; Mehdi Bateni, Son of Dr. Bateni (Photo: C. Steinweg / Hasenpusch)

Iranian state shipping company IRISL’s new general cargo service makes first call at C. Steinweg’s Süd-West Terminal in Hamburg   During the first call by its new general cargo service, representatives of state shipping company IRISL – Islamic Republic of Iran


Korea Express Orders Two Quaymate M50 Cranes

TPS will deliver the first two Terex QuaymateTM M50 mobile harbour cranes for Asia this summer. Photo Terex

Xiamen, People’s Republic of China, 24 May 2016 – Terex Port Solutions (TPS) notches up another success for its Terex Quaymate M50 mobile harbour crane. After the first machine in the world completely manufactured and assembled by the Chinese site of TPS in Xiamen was shipped to


China Okays CMA CGM's Acquisition of NOL

Courtesy NOL

 CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03)


CMA CGM Proceeds with NOL Takeover after China Okay

File Image: A CMA CGM boxship alongside during cargo operations (credit: Marad)

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China, the French group said. CMA CGM received on Wednesday confirmation of the deal's approval by the






 
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