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.
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.
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.
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
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
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
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
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.
As the largest Chinese Navy fleet visit Britain began a five-day official visit at Royal Naval Base in Portsmouth, United Kingdom, an ecstatic welcome was given by locals, including hundreds of Chinese origin. The dock landing ship Changbaishan, the guided missile frigate Yuncheng and the supply ship Chaohu of the 18th Chinese naval escort taskforce arrived in a naval port in Portsmouth, Britain on the morning of January 12, local time, for a good will visit.
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.
Rolls-Royce has been selected to supply waterjets and high speed MTU diesel engines to power two new aluminium catamaran fast ferries for Chinese ferry operator Zhuhai High-Speed Passenger Ferry Co Ltd. The ferries will be some of the first to feature the highly efficient Rolls-Royce Steel S71-4
Sri Lanka declared that it will not allow Chinese submarines to dock in its waters as part of a new policy barring hosting of foreign submarines. Sri Lanka's new Foreign Minister Mangala Samaraweera said on Saturday in Beijing that the new government in Colombo will not allow a
Spanish boat Mapfre has claimed victory in the Auckland leg of the of the round-the-world Volvo Ocean Race from Sanya, China, to Auckland. The Alicante-based yacht Mapfre edged out Abu Dhabi Ocean Racing - skippered by Briton Ian Walker - by just four minutes 25 seconds
Guangzhou Shipyard International (GSI) has not commenced the relocation of its factory. According to the plan of Guangzhou city, the shipyard should have finished factory relocation by the end of 2015 but the schedule is now delayed.
India's government has cleared a $8 billion plan to build the country's most advanced warships, defence sources said, just months after ordering new submarines to close the gap with the Chinese navy in the Indian Ocean. Since taking over last year
Eastbound Blank Sailings: The 4713 Chinese New Year (CNY) begins on February 19th, 2015, and will run for 15 days as the people around the world reunite to celebrate the holiday. Maersk Line has advised customers of nine blanked sailings over the CNY holiday period
China's creation of artificial islands in the South China Sea is happening so fast that Beijing will be able to extend the range of its navy, air force, coastguard and fishing fleets before long, much to the alarm of rival claimants to the contested waters.
New satellite imagery reveals Chinese advances in ongoing land reclamation project in the South China Sea, reports The Australian. Intensifying concerns about Beijing’s territorial ambitions, the images show a ¬dra¬matic expansion in China’s construction of
Indonesia's Coordinating Maritime Affairs Minister Indroyono Soesilo inaugurated on Saturday the Cheng Ho sea route package aimed at attracting mainly Chinese tourists. The tourism route is named "The Cheng Ho Sea Route: Archipelagic Sailing" after the legendary Chinese
Soon after China identified Malaysia's Malacca as part of its 21st Century Maritime Silk Route economic belt (MSR), an international shipping port is being planned for the state. The existing port in Malacca would be expanded to meet international standards
Freight shipping prices have plummeted to a historic low, fueled by a long-standing problem of too many ships and lower demand from China, as per a report in AFP. However, the economists say that this is not a serious warning sign on the global economy.
The maiden voyage of the containership CMA CGM Rhone started in China on February 20, the CMA CGM Group announced. The 9,365 TEU vessel CMA CGM Rhone is the seventh in a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered from now to the third quarter of 2016
There are calls for a new institution to manage Asia’s maritime disputes - a proposal for Maritime Organization for Security and Cooperation (AMOSC) is in the offing. Last year (2014) brought new tensions to the South China Sea
The melting Arctic presents a geopolitical challenge and it is the last bit of unclaimed land left on our quickly heating globe. A report in the Worldcrunch analyses why China is suddenly so interested in the Arctic. China is now becoming more involved primarily because of issues
Conservative think tank The Heritage Foundation argued for increased U.S. port cybersecurity in a report published online this week. "The U.S. Department of Homeland Security (DHS) and maritime stakeholders need to stay ahead of [cybersecurity] risks in order to keep trade flow