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Ningbo Port News

29 Mar 2022

Maersk Warns Shanghai Lockdown to Boost Shipping Costs Further

© Yan / Adobe Stock

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city, home to some of the world's busiest sea and airports, began locking down half of the city on Monday and intends to do the same to the other half for four days starting Friday in a two-stage testing exercise.While it has kept its airports and deepwater port open…

31 Aug 2021

Baltic Dry Index Posts Monthly Gain but Slips from 11-year High

© masterskuz55 / Adobe Stock

The Baltic Exchange's main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its second monthly gain in three due to global shipping constraints and robust demand.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, declined 103 points, or 2.4%, to 4,132.It rose 25.5% in August, boosted by the closure of China's Ningbo port, which caused congestion across the country's coastal regions and limited the global supply of vessels.The capesize index fell 243 points, or 3.9%, to 5,919.

25 Aug 2021

Baltic Dry Index Snaps 11-session Rally

© yaniv / Adobe Stock

The Baltic Exchange's main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its highest level in over a decade, as the larger capesize vessel segment retreated.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 8 points to 4,193.The main index hit its highest level since mid-2010 on Monday, in a rally that analysts attributed to an overall rebound in commodities demand and global…

25 Aug 2021

Meishan Terminal at China's Ningbo Port Resumes Operations

Credit:Kalyakan/AdobeStock

Meishan terminal at China's Ningbo port resumed operations on Wednesday after shutting down for two weeks due to a COVID-19 case, a port official said at a press briefing.The closure of the terminal has caused logjams at ports across China's coastal regions and further strained global supply chains amid a resurgence of consumer spending and a shortage of container vessels.Meishan terminal accounts for about a fifth of traffic at the Ningbo port, one of China's top two container…

17 Aug 2021

Chinese Ports Choke Over 'Zero Tolerance' COVID-19 Policy

© NicoElNino / Adobe Stock

Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection measures under China's "zero-tolerance" coronavirus policy.On Tuesday, more than 50 container vessels were queuing at Ningbo port, China's second largest marine center, Refinitiv data showed, up from 28 on Aug. 10 when a COVID-19 case was reported at one of its terminals.Leading international shipping groups have warned their clients of delays and route adjustments.

21 Jan 2020

Jiangsu Zhenjiang Delivers Dual Fuel Tug

Jiangsu Zhenjiang Shipyard in China has delivered Yong Gang Xiao Tuo 60, a dual fuel RAstar 3800-DF tug, to Ningbo Zhoushan Port Company Ltd.According to a release from the naval architectural firm Robert Allan, this first ever RAstar 3800-DF tug is the 10th custom designed vessel by Robert Allan Ltd. in close collaboration with Ningbo Port Company. The vessel is also the first Robert Allan Ltd. designed dual-fuel tug to operate in China.The new RAstar 3800-DF tug is powered by a pair of Niigata 8L28AHX-DF dual-fuel engines, each rated for 2,389 kW at 800 rpm, and driving Kongsberg US 255 CP 2.8 meter diameter controllable pitch Z-drives. Bollard pull recorded on trials met all expectations and is certified as 80.3 tonnes ahead.

02 Aug 2019

Chinese Port Doubles Direct Connection with Europe

The deep water port on the shore of the Pearl river (aka Zhujiang River), in the Nansha District in the Southern China, Port of Nansha doubled direct connection with North Europe and West Africa.The first navigation ceremony was held at the dock site on  July 28, as the first sailing of Elly Maersk in port of Nansha marked a new upgrade of AE7/CONDOR of 2M alliance from Asia to Europe.On this service 2M alliance deploy 12 vessels of 14 to 18 thousand TEU, calling Nansha on every Sunday. The calling list as below: Ningbo -  Shanghai - Nansha - Yantian -Tanjung pelepas – Port Tangier - Rotterdam - Hamburg - Antwerp – London - Le Havre – Port Tangier - Salalah - Abu Dhabi - Jebel Ali - Ningbo.Port of Nansha…

13 Dec 2018

Hispano-Chinese MoU for Ports

The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation between both of the logistics powerhouses and increase commercial flow between Southern Europe and Asia. According to the port and harbour of Algeciras, the MoU was rubber-stamped during the official state visit to Spain of the Chinese President,  Xi Jinping, who - together with the Spanish Prime Minister, Pedro Sanchez - was present at the event."The relationship between the two ports is very close. During the year, several meetings have taken place…

27 Nov 2018

PaxOcean Lays Keel for RAmparts 2800-DF

Singapore based construction specialist of rigs, semi-submersibles and specialised offshore vessels PaxOcean held the keel laying ceremony of PSA Marine’s first dual fuel ship-handling tug  at its facility in Zhuhai, China.Earlier, Robert Allan, the designer of LNG tugs, has been selected to design the very first RAmparts 2800-DF for PSA Marine.Peter Chew, Managing Director and Lim Bock Kee, Senior General Manager (Special Projects) of PSA Marine attended the ceremony.Robert Allan designed the RAstar 4000-DF for Østensjø Rederi, Norway and RAstar 3800-DF for Ningbo Port, China. The cooperation between Robert Allanand PSA Marine began in 2002, with the design of Z-Tech tug series.PSA Marine is a marine services provider with flagship operations in Singapore.

16 Apr 2018

China's Thermal Coal Futures Rally on Tight Import Policy

© Igor Groshev / Adobe Stock

China's most-active thermal coal futures jumped 2.9 percent on Monday, marking the biggest gain since August 2017, as concerns of tightening the import policy dampened outlook for foreign coal supplies ahead of summer.Coal futures prices ended at 570 yuan per tonne after touching a two-week high of 578.8 yuan per tonne earlier in the session.Futures rallied as traders took cues from a wider ban on coal imports after some ports in Fujian province put a temporary halt on them."Our company received instructions that Chuanshan anchorage under Ningbo port has banned docking by any vessel, which car

28 Dec 2017

China's Ningbo-Zhoushan Becomes World's Top Port

China's super-large port Ningbo-Zhoushan, the busiest port in China, saw an annual cargo throughput of 1 billion tonnes, becoming the first one  globally to reach this volume, according to data provided by the port. The port in East China's Zhejiang province deepened cooperation with major shipping companies and harbors along the Belt and Road, adding five sea routes to raise its total to 86. It also signed cooperation agreements with 20 other ports, Xinhua reported Mao Jianhong, chairman of Ningbo Zhoushan Port Group as saying. Ningbo-Zhoushan port handled over 10 million standard containers from countries and regions along the Belt and Road this year, up 16 percent year on year, he added.

29 Nov 2017

A New Breed of Tug

(Photo: Gondan)

When markets expand niches are created, goes the logic. For builders of tugs, that market is “floating gas” and the expanding use of liquefied natural gas, or LNG, as a fuel. In support of LNG, there’ll be more oceangoing tug duty — the new floating storage and regasification units, or FSRUs, mean busier LNG carriers, and LNG cargo owners have an interest in tug escorts that share their “carbon footprint”. Still, new emissions rules offer ways to keep using refinery products, and the work of master tug designers suggests the new breeds of tugs are about more than fuel.

05 Feb 2016

China to Enforce Low Sulphur ECA in Yangtze River Delta

Photo: China MSA

Vessels calling ports in China’s Yangtze River Delta, including Shanghai, will be required to burn low sulphur fuel while at berth from April 1 this year. China’s Ministry of Transport announced in December last year plans to set up three ECAs: the Pearl River Delta, Yangtze River Delta and Bohai-rim waters. The Yangtze River Delta is the first of the three major port areas to make a 0.5 percent ECA compulsory, to be enforced in Yangtze River core ports: Shanghai port, Zhoushan port…

04 Feb 2016

MGI is Newest IPCSA Member

Press release- A month after celebrating its 30th anniversary, the Marseille-based Port Community System operator MGI has been welcomed as the newest member of the International Port Community Systems Association (IPCSA). MGI (Marseille Gyptis International) becomes IPCSA's 28th member and the association's second member based in France. “Nearly 30 ports in France and overseas have implemented the Cargo Community System AP+, MGI‟s and SOGET‟s flagship product since 2005 – including Mauritius, Benin, Togo and New Caledonia. Coinciding with its 30th anniversary in December 2015, MGI launched Ci5 (Cargo intelligence 5), its new flagship software solution designed to succeed and build on AP+.

09 Dec 2015

Ningbo Port Orders New Dual-fuel Tug

Photo: Robert Allan Ltd.

Robert Allan Ltd. On October 21, Robert Allan Ltd. was awarded a contract by Ningbo Port Company Ltd. in China for a RAstar 4200-DF Class dual-fuel (LNG-MDO) tug. The award of this contract builds on a history of collaboration between the two companies on several series of tug designs, dating back to 2004, and includes multiple series of 32- to 39-meter-long tugs (4,800 to 7,200 horsepower), including the recent Yong Gang Tuo 31. The new RAstar 4200-DF tug will be powered by a pair Niigata 8L28AHX-DF dual-fuel engines…

29 Oct 2015

Shanghai Port Logs Quarterly Profit Fall

Shanghai International Port Group Co Ltd, the operator of the world's busiest container port, reported its first fall in quarterly net profit in over a year, providing evidence of China's economic slowdown. China, the world's second largest economy, grew 6.9 percent in the third quarter, dipping below 7 percent for the first time since the global financial crisis due to cooling trade and investments. Shanghai Port recorded a third quarter net profit of 1.4 billion yuan ($220.29 million), down 18.3 percent from the same period a year earlier, it said in a filing on the Shanghai stock exchange. That marked the first decline since the second quarter of 2014, Eikon data based on company data showed. In the first nine months, Shanghai Port's net profit dropped 3.3 percent to 4.5 billion yuan.

25 Sep 2015

China Probes Shipping Lines

Seven of Chinese state departments are investigating four local shipping companies over allegations that they have levied arbitrary and excessive charges for port services following complaints from foreign trade firms, reports Reuters. The National Development and Reform Commission had so far found that some shipping companies “have too many items on document charges and unreasonable telex release charges,” the notice said. The companies are Ningbo Dagang Pilotage, a subsidiary of Ningbo Port Group, Nantong Youbang Port Services, Taizhou Dingan Ocean Shipping Services, and Dandong Dehai Ship Services, which operate at the ports of Ningbo, Nantong, Taizhou and Dandong, respectively.

13 Apr 2015

China Investigating Former Ningbo Port Chairman

China is investigating the former chairman of Ningbo Port Group, manager of one of the world's busiest ports, the country's top graft-busting body said, naming the latest target of an anti-corruption drive ordered by President Xi Jinping. Xu Huajiang, who resigned from the firm last month, is being investigated on "suspicion of serious violations of the law", according to a brief statement by China's Central Commission for Discipline Inspection (CCDI) on its website on Monday. In China, "serious violations of the law" usually connotes graft. The CCDI did not provide additional details. Ningbo Port is the world's sixth busiest based on 2013 container throughput volume, according to the World Shipping Council.

17 Dec 2014

Maersk: Rate Hike Under Pressure on Low Demand

Container shipping firm Maersk Line said a fresh attempt made on Monday to raise freight rates on main routes from ports in Asia to those in northern Europe was already under pressure due to weak demand from shippers. Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk, controls one-fifth of all transported containers from Asia to Europe. Like other shipping lines it has been trying to curb losses on the world's busiest route where an overabundance of ships is weighing on rates. The company hiked rates on twenty foot equivalent unit containers (TEU) by $900 on Nov. However, this level was quickly dragged down by low demand, partly due to seasonally weaker demand in end-November towards the Christmas holidays, the company's head of east and central China told Reuters on Wednesday.

22 Aug 2014

Ningpo Port Truckers Strike, Disrupt Freight

Thousands of truck drivers went on strike over salary and haulage rates in the eastern Chinese port of Ningbo this week, and a logistics firm said on Friday the industrial action was disrupting operations at the world's sixth busiest port. In a statement on its official microblog account, Ningbo Port Co Ltd said the strike had started over trucking rates but declined to give further details. The company said it was taking measures to ensure that operations at the port, China's third busiest, were not disrupted and to ensure losses were kept to a minimum. Local media reported the strike began at the Beilun area of the port and that it started with a few hundred drivers and escalated on Thursday to a few thousand, who clashed with police.

16 Apr 2014

Technology, Economy the Focus of New Marine Academy in China

China's Ningbo container port (Photo courtesy UNNC)

The Ningbo Nottingham International Academy for Marine Economy and Technology (IAMET) has been officially launched at a ceremony at The University of Nottingham Ningbo China (UNNC). A partnership between The University of Nottingham, Wanli Education Group and Ningbo Municipal Government, the Academy will build on Ningbo’s marine-related activities and support the city’s 12-year plan, a focus of which is the marine economy. The marine economy is one of China’s key strategic development areas.

08 Jan 2014

Marine Fouling: Surface Texture Investigations May Provide Solution

Measurements and sampling in progress.

Investigating surface texture could offer a non-toxic solution to marine fouling. Engineering and marine biology experts at The University of Nottingham Ningbo China are using innovative approaches to develop non-toxic solutions to the global problem of marine fouling, in the hope of reducing its environmental and economic costs. Marine industries have long sought chemical solutions to the problem of marine fouling but now researchers at The University of Nottingham Ningbo China (UNNC) are using innovative approaches to look at how surface texture can be used as a non-toxic solution.

26 Nov 2013

World Shipping (China) Summit 2013 Hosted by HK Company

World Shipping China Summit 2013: Photo courtesy of CMHI

"World Shipping (China) Summit 2013" held in Ningbo, focused on the theme 'Responding to New Realities' with Hong Kong-based terminal & shipping group China Merchants Holdings International Co. (CMHI) acting as its special sponsor in conjunction with COSCO. The summit, whose members were not precisely identified in news released of the meeting, addressed special concerns on the impact caused by China's economic restructure of the shipping industry, and considered: "China Factor" Evolution [sic]…