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New Chinese

New Chinese Licensee for MAN Diesel

MAN Diesel has added another member to its family of two-stroke licensees with the signing of a contract with Zhenjiang CME Co., Ltd. (ZJCME), the Chinese engine manufacturer. The new licensee is a subsidiary of the giant, state-owned China State Shipbuilding Corporation (CSSC) industrial conglomerate.


Carnival, China Merchants Sign MOU

MOU will explore both Port & Destination Development and Ship-Owning joint ventures with the goal of potentially launching China’s first world-class domestic cruise brand.   Carnival Corporation & plc has  signed a memorandum of understanding (MOU) with China Merchants Group (CMG) to explore the possibility of two joint ventures designed to accelerate the development and growth of the overall cruise industry in China.  


Graig Opens Chinese Facility

Graig Shipping Plc has opened a new facility in Shanghai, China, to provide a centre of excellence for ship design, newbuilding supervision, shiprepair and classification. "Chinese ship yards have enormous potential," says Hugh Williams, CEO of Graig. "This facility will help owners to get the very best from China. Under one roof we now have Graig Ship Management, which provides the highest quality newbuilding supervision services, Graig Carl Bro Ship Design


C-MAP Wins China Shipping Contract

PHOTO: Mr. Huang Zhi Bin Head of Navigation in the Safety and Technology Division Right hand side Captain Peng Ji Qing of Xin Pudong China Shipping Container Lines Co. Ltd, a subsidiary of China Shipping Group, is one of the largest Shipping companies in China. It owns a fleet of 103 container vessels with a total capacity of over 120,000 TEUs, and is operating dozens of domestic coastal and international routes from China to Japan, Korea, Southeast Asia, Australia, Europe


US, Chinese Navy Carry Out Joint Communication Drills

The visiting Chinese missile cruiser 113 (Qingdao) and U.S. missile cruiser 93 (Zhongyun) cooperated on a six-hour marine communication and mobile drill near Hawaii on September 10. This is the first time the U.S. and Chinese and navies have cooperated on such drills. The drills were directed in turn by the U.S. and Chinese navy. They trialed several means of communication and organized their vessels into joint formations.


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


Cruise Industry Seeks Fortune in China

Quantum of the Seas under construction at Meyer Werft shipyard. Credit: Meyer Werft

Builders, Operators Teaming to Fill Voids In Rapidly Growing Chinese Market After an uneven couple of years punctuated by struggling economic factors worldwide, maturing markets and some highly publicized accidents and illnesses, the cruise industry is hoping to find a little “double happiness” from the rapidly growing Chinese market – enhanced profits and renewed market growth for both operators and builders.


New Chinese LNG Carriers Powered by GE

The first electrically propelled liquefied natural gas (LNG) carriers, each at 174,000 cubic meters, to be built in China will incorporate power and propulsion systems developed and built by GE’s Power Conversion business. Hudong-Zhonghua Shipbuilding Group, part of the China State Shipbuilding Corporation, signed contracts with GE for the supply of power and propulsion systems for six LNG carriers that it will build in its shipyard in Shanghai for major Asian shipping companies


Piraeus Port U-turn Not to Stop China Investment

China Ocean Shipping

Even though Greece's new left-wing government set alarm bells ringing in Beijing when it halted the privatization of the port this week, analysts say Athens is merely posturing, reports South China Morning Post.  China will remain as "privileged partner for Greece".  Cosco officials in Piraeus and China are playing down concerns over the new government’s plans for the port of Piraeus.  


ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs

CIMC Raffles Semisubmersible Drilling Rigs

ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014. The contract values $1.08bn and eventually serves for Petrobras. CIMC Raffles played the role of EPC in the two semisubmersible drilling rigs building and delivered them in November 2010 and April 2011, which performed in a good condition in Brazil.


Largest Chinese-built Containership Delivered

Image: CMA CGM

Shipping group CMA CGM has taken delivery of the newbuild box ship CMA CGM Vasco de Gama [sic] on July 27. Built by China State Shipbuilding Corporation (CSSC), the 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, is the largest ship in the CMA CGM fleet and the largest


Filipino Fishermen Remove Chinese Buoys near Disputed Shoal

South China sea Photo Wikipedia

  Filipino fishermen found several buoys with Chinese markings near the disputed Scarborough Shoal and towed the devices back to shore northwest of the capital, Manila, Philippines officials said on Sunday. China seized control of the rocky outcrop in the South China Sea in 2012 after a


Chinese Navy Plays Down S. China Sea Exercises

Naval Ensign of the Peoples Republic of China

  The Chinese navy played down recent military drills in the South China Sea and criticised other countries for "illegally" occupying islands in the area, the official Xinhua news service reported on Saturday. China has launched a naval drill in waters to the east of Hainan


China: Every Right to Drill in East China Sea

China said on Friday it had every right to drill in the East China Sea close to waters disputed with Japan, adding that it did not recognise a "unilateral" Japanese median line setting out a boundary between the two in the waters.


Chinese Navy Conducts Drill in South China Sea

South China Sea. Image by Russian Council

 The Chinese navy has announced 10 days of military training in the waters near eastern Hainan Island in the South China Sea starting on Wednesday, amid heightened tensions in the region.   Playing down the significance of the exercises, the Chinese military said the drills


Two-Stroke DF Engine Passes Critical Test

diesel WEB.jpg

The first Wärtsilä low-speed two-stroke dual-fuel (DF) engine destined for a commercial application has reportedly completed its Factory Acceptance Test (FAT) at a Chinese licensee of Winterthur Gas & Diesel (WinGD), the Switzerland-based designer


Direct Cambodia-China Cargo on Course

Image: Sihanoukville Autonomous Port (SAP)

 Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported.  Both Cosco and China Shipping are expected to sign with Sihanoukville Autonomous


Japan Demands Chinese Halt to South China Sea Energy Play

Japan called on China on Tuesday to halt construction of oil-and-gas exploration platforms in the East China Sea close to waters claimed by both nations, concerned that Chinese drills could tap reservoirs that extend into Japanese territory.


China Far Ahead of India in Submarine Race

INS Chakra, India’s only operating nuclear-powered submarine. Photo: Indian Navy

 Global military reported that recently a Chinese “Yuan” class conventional submarines docked news in Pakistan, once again hurt the Indian Navy submarine fleet.   The Hindustan Times said terms of size, the Chinese Navy submarine force is four times that of India


Höegh LNG - LNG Libra sold

LNG carrier LNG Libra

  Höegh LNG Holdings Ltd. has sold the LNG carrier LNG Libra (built 1979) to a Chinese energy company for around USD 20 million. The Company has received 15% of the purchase price and will receive the remaining 85% by the end of the first quarter 2016


China Conducts 8-day Naval Drills in Yellow Sea

Chinese Peoples Liberation Army Naval Fleet. Photo by Idrw

 China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper.   The China's military newspaper reported that eight days of "military missions" had begun on


US Imports Shifting to East Coast Ports

Photo courtesy of Zepol

Supply Chains Radically Shift From Pacific to Atlantic Ports in the First Half of 2015.   Zepol  found that a hefty chunk of businesses have switched from using Pacific to Atlantic and Gulf ports this year. Total imports along the East Coast have increased by 15 percent


Brakes on Thai Plan to Buy Submarines

Pic: Chinese Military

 The proposal to buy three Chinese submarines has been put on hold and would not be put into consideration by the Cabinet yet, said Deputy Prime Minister General Prawit Wongsuwan.   Prawit said this month the navy had approved a 36 billion baht ($1


Peugeot Plans Expanded Iran Venture After Nuclear Deal

PSA Peugeot Citroen is in advanced talks over an Iranian carmaking venture with historic partner Iran Khodro and expects rapid progress following the diplomatic breakthrough lifting sanctions against the country, the French company said. The deal struck between Iran and western powers


Keel Laying Ceremony of Princess Cruises Vessel Held

 Julie Benson, ex Vice President of Public Relations for Princess Cruises, Cherry Wang, country director of Carnival China di Princess Cruises, Attilio Dapelo, Direttore stabilimento Monfalcone e Anthony Kaufman, Senior Vic

  The keel laying ceremony of the new unit for Princess Cruises was held today at Fincantieri Monfalcone Shipyard.   The new vessel, which has been ordered by the Carnival Group for the shipowner Princess Cruises, will go to sea in 2017 and it will be the first vessel to be designed






 
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