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Lianyungang Port News

20 Jan 2021

World’s Largest VLEC Loaded in Texas. Sets Sail for China

Credit: Energy Transfer

Dallas-based Energy Transfer said Tuesday it had loaded the first Very Large Ethane Carrier (VLEC) - the world's largest at that -  under its previously announced joint venture with Satellite Petrochemical USA Corp. called Orbit Gulf Coast NGL Exports.The Seri Everest, the world’s largest VLEC, departed from JV Orbit’s newly constructed export facilities at Energy Transfer’s Nederland Terminal in Nederland, Texas, on Jan. 17, 2021, to complete its maiden voyage.The vessel was loaded with more than 911…

02 Jul 2015

Mega Valemax Enteres China for First Time in Two Years

Mega-ore carrier  Valemax  Yuan Zhuo Hai, which is owned by China Ore Shipping,  has arrived Dongjiakou Port in Qingdao for unloading iron ore. This is the first entry of such a bulk carrier tonnage in the sea port of China for the past two years. Yuan Zhuo Hai is one of four 400,000dwt VLOCs acquired by China Ore Shipping from Brazilian ore giant Vale. The 400,000 dwt Valemax is expected to be part-laden, having called at Vale's Subic Bay iron ore transhipment terminal in Philippines after loading its initial cargo at the miner's Brazilian Itaqui port, according to Platts vessel tracking tool, cFlow. While China’s ministry of transport has yet to officially announce that valemaxes will be allowed to call at Chinese ports…

11 Feb 2015

China Policy Change Opens Door for Vale Mega-Ships

China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000 deadweight tons (DWT) carriers. Vale's mega ships, the world's biggest bulk ore carriers, have been barred from China since January 2012 due to rules which disallowed ships of more than 250,000 dwt in capacity. An internal circular issued last week by the Ministry of Transport and seen by Reuters on Wednesday said it would now recognise ships with capacity of 400,000 dwt. It suggests that ports able to accommodate such large ships can now apply for permission to receive them, analysts said.

05 Jun 2014

LYG-PSA Container Terminal Opening

LYG-PSA Container Terminal (LPCT) was officially opened today by Lianyungang Municipal Party Committee Member & Director-General of Lianyungang Port Authority Mr Wu Yi Qiao, Lianyungang Port Group (LPG) Chairman Mr Bai Li Qun and PSA International Group CEO Mr Tan Chong Meng. LPCT marks PSA International’s first collaboration with Lianyungang Port Group. The opening ceremony, which took place at the Jiangsu Haizhou Bay View Hotel in Lianyungang, China, was witnessed by over 200 distinguished guests from the ports and shipping industry and government agencies in Lianyungang. Mr Wu Yi Qiao, Lianyungang Municipal Party Committee Member & Director-General of Lianyungang Port Authority, commented, “The partnership between LPG and PSA brings in unprecedented potential for development.

25 Feb 2014

First Valemax Ship to Discharge in Malaysia

Photo: Vale

Reuters - Brazil's Vale SA will launch in March the first phase of its iron ore storage and distribution center in Malaysia that will improve its access to China, its biggest customer, a company official said on Tuesday. The world's top iron ore miner, whose huge Valemax vessels are banned from Chinese ports, built the Malaysian terminal to better compete with Australian rivals Rio Tinto and BHP Billiton. The 400,000-deadweight metric ton (dwt) vessels, the world's biggest bulk carriers…

20 Dec 2013

China Joint Port Shipping Agency Deal Agreed

Sino-Global Shipping America an international shipping agency & logistic services provider, says it has signed a one-year strategic agreement with Jiangsu Lianyungang Port Logistics Holding Co. to jointly develop and promote each other's shipping agency and logistic service businesses both in China and overseas. Under the terms of the Agreement, each party will promote the other party's services to its existing customers and will share profits generated from such cross-referral activities on a contract-by-contract basis. With 35 berths and annual cargo throughput of 185 million tons, the Lianyungang Port is one of the 10 largest ports in China.