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.
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
A Chinese shipbuilding yard has entered the global top five in terms of order backlog. According to a report by London-based shipbuilding and marine transportation researcher Clarksons, China's Dalian Shipbuilding Industry with 2,838,000 compensated gross tons (CGT) ranked fifth on the list of world shipbuilding yards based on order backlog as of March. Hyundai Heavy Industries with 10,790,000 CGT came in first, followed by Samsung Heavy Industries with 8,517,000 CGT
Rescuers searched for 16 missing crew members of a South Korean cargo vessel that sank after colliding with a Chinese freighter in heavy fog in waters off northeast China, according to a report on www.leadingthecharge.com. The crew of the Chinese ship — the 4,800-ton JinSheng — were unharmed and returned safely to Dalian, a coastal city in northeastern Liaoning province, where they reported the incident to Chinese authorities about seven hours after the collision, it was reported
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
The accord between China and the U.S. on Beijing's entry to the World Trade Organization (WTO) will boost trade and benefit transport companies in both countries, industry officials said. "We believe that China's entry to the WTO will stimulate growth in the volume of trade flowing in and out of China," said Eddy Chan, mid-Pacific region vice-president for Federal Express, which provides air service to three Chinese cities five times a week
Growing consumer demand within China coupled with a worldwide decline in the West’s ability to consume Chinese-made goods, may herald long-term changes in the pattern of world trade. This is the prediction from MDS Transmodal, a specialist transport and trade consultancy, after analyzing for The Shippers’ Voice, the Chinese trade data for the second quarter 2009 as one of the inputs to its World Cargo Database.
Last month saw the encounter of two Chinese ships of a very special kind at the Port of Hamburg. On 19 November 2008 the recently built 10,000 TEU vessel Cosco Indian Ocean, belonging to the Cosco Container Lines shipping company, docked at the HHLA Container Terminal Tollerort. Measuring some 1,148 ft in length, the Cosco Indian Ocean was on its maiden voyage. This was its first visit to Hamburg. The container giant is the third of four identical ships built for Cosco at Hyundai's Ulsan
Chief of Naval Operations (CNO) Adm. Mike Mullen speaks with Chinese People's Liberation Army Navy Commander-in-Chief Adm. Wu Shengli, after a Full Honors Ceremony at the Naval Museum in Washington, D.C. on April 4, 2007. U.S. Navy photo by Mass Communication Specialist 1st Class Chad J. McNeeley
The 2013 ICOMIA/IFBSO Congress was held in London, United Kingdom from June 11-14, 2013 and was hosted and organized by the British Marine Federation (BMF) at Devonport House, located in London’s exclusive Royal Greenwich, a World Heritage Site.
Royal Caribbean International announced the appointment of Carol Schuster to Senior Vice President of Marketing. Ms. Schuster joins the global cruise line with a proven track record and extensive background in building global brands, as well as new market entry
Nicaraguan lawmakers grant a 50-year concession to a Chinese company to design, build & manage a shipping channel across the Central American nation to compete with the Panama Canal, reports Reuters. The $40 billion proposal by HK Nicaragua Canal Development Investment Co Ltd's (HKND Group)
A concession to build a canal across Nicaragua linking the Pacific Ocean and Caribbean Sea is to go to to a Chinese company. Citing Nicagaguan National Assembly legislative leader Rene Nunez, AP reports that the company will use funds from investors around the world to build the $40 billion
Greek President Karolos saw successful cooperation with COSCO in the Port of Piraeus as a pointer towards further bilateral collaboration. The Greek president voiced his thoughts during a visit to the Chinese company's Piraeus Container Terminal (PCT) in Athens reports China Daily.
The newly opened Beijing office of worldwide bunker trading company, A/S Dan-Bunkering Ltd., has experienced an excellent start, the company reported. The office has now been open for a few months and the positive feedback from the industry has been a great support.
Wärtsilä Yuchai Engine Co., Ltd, the joint venture owned 50/50 by Wärtsilä and Yuchai Marine Power Co. Ltd., has begun construction of its new production facilities with a groundbreaking ceremony in Zhuhai City, Guangdong Province of China.
TTS Sets its sites on China to Achieve its Financial Goals TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver. Through long-term joint ventures with state-owned Chinese concerns, TTS has established itself as the leading (and largest)
Greek Shipping Minister Kostis Moussouroulis announced the orders for Chinese shipbuilders on his recent visit to Shanghai. The orders, which were signed in April, accounted for more than 60 percent of the recent global orders of Greek shipowners, reported Xinhua, citing the Greek minister.
COSCO Corporation (Singapore) subsidiary COSCO (Dalian) Shipyard secures the RMB 500-million contract. The order from an unnamed Chinese shipowner is to build a 28,000 cu.m capacity LNG carrier. The vessel is scheduled for delivery in the first quarter of 2015 and COSCO state that none of
MacGregor offshore winches for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three shipyards. MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards, Fujian Southeast, Fuzhou Baima and Guangdong Yuexin Ocean Engineering
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners. MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards
Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced has the award of a contract to supply key modularized components for a major refinery project in Venezuela. The project, known as the Venezuela Puerto La Cruz Refinery Deep Conversion Project
The latest batch of orders for Deltamarin's B.Delta design bulk carriers comes from international shipowners, all to be built in China. The B.Delta43 order by the German ship owner HBC Hamburg Bulk Carriers at CSC Qingshan Shipyard and the B
Kongsberg Oil & Gas Technologies (KOGT) signed a significant software contract with Chinese National Offshore Oil Company (CNOOC) to deliver the class-leading SiteCom real-time drilling information solution to six regional centers. The contract with CNOOC is a result of KOGT’s