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Hong Kong based ocean carrier Orient Overseas Container Line Ltd. (OOCL) announced it has taken delivery of its eighth 24,188 TEU containership, OOCL Abu Dhabi.The vessel is the fourth in a series of six 24,188 TEU newbuilds to be delivered to OOCL by the Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard in China. The ultra large containership is 400 meters long and 61.3 meters wide.OOCL Abu Dhabi was officially named during a ceremony at the shipyard on February 25.

China's ambassador to Australia urged Canberra on Thursday to step up its rescue efforts to help locate the 39 missing crew members on board a Chinese shipping boat that capsized in the Indian Ocean early this week.President Xi Jinping has ordered that all efforts be made to search for the missing crew, which includes 17 Chinese nationals, 17 Indonesians and five from the Philippines, state media reported on Wednesday."This is within Australia's search and rescue area ... we wish…

China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a year ago as the country's mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment, and other items currently in high demand around the world.But…

China’s new low-sulphur fuel oil (LSFO) futures contract made strong gains in its debut trade on Monday, rising as much as 16.7% on the Shanghai International Energy Exchange (INE).The front-month January contract, with a listing price of 2,368 yuan per tonne, later pared gains to close 9.8% higher at 2,599 yuan ($367.35) per tonne at the close of afternoon trade.The contract saw open interest of 24,859 lots and trading volumes of 130,439 lots.The launch of the contract with sulphur content lower than 0.5% comes after an International Maritime Organization (IMO) ruling which bans ships from us

Indonesia has summoned China’s ambassador to clarify the deaths of four Indonesian crew from two Chinese-flagged vessels, Indonesia’s foreign ministry said, after rights groups alleged the crew were mistreated and exploited.The ministry issued a statement after a video was circulated on social media, appearing to show a burial at sea aboard a Chinese-flagged ship. The footage showed a group of men praying around an orange body bag before it was tossed into the ocean.A Chinese…

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.

With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC)  has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The JV will be tasked with developing and commercializing market-leading AI products for the energy sector.The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) by Omar Suwaina Al Suwaidi, Director, Executive Office Directorate, ADNOC, and Peng Xiao, CEO of G42. The signing of the agreement was witnessed by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.Dr Al Jaber said: “As we prepare for the opportunities and challenges the 4th industrial age will present…

Global ports operator Cosco Shipping Ports acquiring 60% stake in Terminales Portuarios Chancay (Chancay Terminal) from Volcan Compañía Minera for a total consideration of US$225million.Zhang Wei, Vice Chairman and Managing Director of Cosco Shipping Ports and  José Picasso, Chairman of Volcan signed the agreement on behalf of the two parties.The ceremony was witnessed by Mercedes Aráoz, Vice President of Peru,  Xiao Yaqing, Chairman of State-owned Asset Supervision and Administration Commission of the State Council, PRC, among others.Cosco Shipping Ports will partner with Volcan to build Chancay Terminal into an important gateway port in Peru.

China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November.For the whole of 2018, imports grew 41 percent from 2017 to a record 53.78 million tonnes, according to the data from the General Administration of Customs. That saw China retain its position as the world's second-buyer buyer of the super-chilled fuel after Japan…

China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC) was speaking at a forum on the sidelines of China International Import Expo (CIIE) in Shanghai.(Reporting by Tom Daly and Beijing Monitoring Desk, Editing by Sherry Jacob-Phillips)

Dalian Shipbuilding Industry Co. Ltd. (DSIC) has received Approval in Principle (AiP) certificates from classification society DNV GL for a new shuttle tanker and a column stabilized crane unit designs. The certificates were handed over at the Marintec China trade fair in Shanghai. Lu Xiao Hui, Vice President and Chief Technical Officer of DSIC, said, “DSIC and DNV GL have successfully collaborated on joint design development and classification for various ship types and offshore units since the 1980s. With these two latest AiPs, DSIC further enriches our product portfolio to the benefit of our clients. Torgeir Sterri, Regional Manager for Greater China at DNV GL – Maritime, presented the AIP certificates to the shipyard.

Dream Cruises, the first-ever Asian luxury cruise line, claimed its place in history here today when Genting Dream’s official Godmother, Puan Sri Cecilia Lim, the wife of Tan Sri Lim Kok Thay, Chairman and Chief Executive Officer of Genting Hong Kong christened its maiden luxury cruise ship, spectacular Genting Dream, before an assembly of prominent officials from the Chinese government as well as top executives from trade and industry. Genting Dream's arrival also marked the first time a luxury cruise ship of this scale has home-ported in Guangzhou (Nansha). More than 900 guests were on hand to witness the historic occasion and take part in the gala celebrations, including Mr. Cai Zhaolin, Vice Mayor of Guangzhou, Mr.

PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou City (Guangxi Province, China) - BEIBU GULF-PSA International Container Terminal Co., Ltd (BPCT). The joint venture terminal is PSA’s first foray in the South-Western China region – one of the fastest growing economic regions in China. Accessible to Southeast Asia by land and sea, the region has been earmarked by the Chinese government as a key area for coastal development and collaboration with ASEAN countries.

A team in the R&D department of  international classification society Bureau Veritas, working with Brazil’s Petrobras, has been awarded the prestigious OMAE 2013 Best Paper of Offshore Technology Symposium for its paper detailing ground breaking research into second-order rolling of FLNGs. The basic research in the paper has led to a Joint Industry Project involving nineteen companies including most of the energy majors and managed by Bureau Veritas which is developing harmonized guidelines for the estimation of roll motions of FPSOs.

The coastal fast rescue vessel 'Dong Hai Jiu 202' has been delivered by Alfai Southern Shipyard to the Donghai Rescue Bureau. Afai’s General Manager Mr. Wu Mingyi and the Deputy Director General of Donghai Rescue Bureau Mr. Xiao Yuehua signed the delivery documents. The 'Dong Hai Jiu 202'  is the fifth coastal fast rescue vessel built by Afai for the China rescue and salvage service and will be introduced to service in the Donghai area. A brief ribbon-cutting ceremony was attended…

CIC Boluomiao Shipyard, Zhuhai, delivers 3 oil-spill response vessels to regional safety agency. Deputy general manager of Guangzhou Maritime Administration Bureau Lin zungui, deputy director of China Maritime Safety Administration Shen jixun, director Xiao weizhe and other managers of Boluomiao shipyard (CIC) attended the ceremony, which was hosted by secretary of the Party committee Zhang Kaiyi. The CIC Boluomiao Shipyard manager said that this delivery ceremony marked a new starting point for the shipyard.

AVEVA has restructured its Chinese operations into two operational divisions. The move will dedicate AVEVA’s VANTAGE engineering solutions and personnel to the unique requirements associated with each of the industry sectors; delivering solutions, support and consultancy more effectively. The two divisions will be run from AVEVA's Asia Pacific operation and headed by: Ms Liu Xiao Bin, Vice President, for the Guangzhou-based China Process and Power Division; and Ms Zhou Chun, Vice President, for the Shanghai-based China Marine Division. The China Marine Division will be responsible for serving all aspects of marine engineering and construction (including both shipbuilding and offshore facilities)…

Shanghai MHI Engine Co., Ltd., a manufacturer and marketer of diesel engines jointly established by Mitsubishi Heavy Industries, Ltd. (MHI) and Shanghai Diesel Engine Co., Ltd. (SDEC) – a Chinese diesel engine manufacturer – has launched operation. The JV aims to establish a solid position in the Chinese market for industrial-use diesel engines by building up market share through more competitively priced products. To celebrate the commencement of operation, Shanghai MHI Engine held an opening ceremony at the company's site in Yangpu District, Shanghai.

At the 151st Annual Meeting of the Members of ABS, and the subsequent meeting of the ABS Council, industry leaders were elected to serve on a number of bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment. "ABS' strength as a global classification society is drawn from its membership and the many regional, national and technical committees that contribute to the process of developing practical, impartial and authoritative standards," said ABS Chairman Robert D. Somerville. •    Robert G. •    James G. •    Maria F. •    Chow Yew Yuen, Keppel Offshore & Marine USA Inc. •    Dr. Jen-Hwa Chen, Chevron Shipping Co. •    Dr.