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Y J Ji News

31 Aug 2020

Chinese Buyers Snap up Indian Steel in Face of Trade Tensions

© Andrey/AdobeStock

India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven the purchases as Indian sellers sought to get rid of a surplus generated by the impact of COVID-19 on domestic demand and generate much-needed income.It was unclear whether the sales broke any trade rules, but the China Iron and Steel Association…

14 Jul 2020

Chinese Study Examining Methanol as a Marine Fuel

© ibreakstock / Adobe Stock

The Methanol Institute (MI) has joined a study led by the China Waterborne Transportation Research Institute (CWTRI), the think tank of the Chinese Ministry of Transport, which will consider the technical and operational requirements for the use of methanol as a marine fuel. The study is supported by methanol producers and distributors Methanex  and Shanghai Huayi Energy Chemical Co., Ltd.Based on the characteristics of China’s energy and shipping industries, the study will create comprehensive guidance and policy suggestions for the use of methanol as a marine fuel…

30 Jan 2020

Liebherr's Largest Port Handling Machine Delivered

Photo: Liebherr

Liebherr has produced and delivered its largest port handling machine, for DaFeng Port in the Chinese province of Jiangsu. The LH 150 ET Gantry Port Litronic is the largest, electrically-operated Liebherr port handling machine with gantry undercarriage. The entire port handling machine has been supplied by Liebherr: All components were developed, produced and tested by Liebherr-Hydraulikbagger GmbH in Kirchdorf an der Iller, Germany; from the attachments to the work equipment, the hydraulic cab elevation and upper carriage.

03 Jun 2019

Chinese VP Visits Hamburg Terminal

China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG (HHLA), Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines. Wang headed a 40-strong party of high-ranking Chinese government officials, and the terminal operator said the visit emphasizes Hamburg’s importance as a global trade gateway.The largest container vessels of Chinese shipping company Cosco Shipping Lines are handled at the facility of Container Terminal Tollerort every week. On Thursday, for instance, the Cosco Shipping Aries was docked at the CTT quayside.

06 Mar 2019

Swan Wraps Up Norther Offshore Cabling

Swan Hunter has completed work to spool export cables into storage baskets for the 370MW Norther offshore wind farm at its yard in Vlissingen, the Netherlands.The UK-based shipbuilding design, engineering, and management company said in a press release that the last sections of spare array and export cables were transpooled from the Van Oord CLV Nexus, and the DOC-Swan Hunter 4750Te onshore basket carousel, to long term modular storage baskets.The completion of this final spooling operation marks the end of a year long contract for Van Oord, which included export cable load-in from HLV Da Ji, interim storage and protection, export cable load-out to CLV Nexus…

20 Jul 2018

S.Korea LNG Imports Set to Ease from Record

© alexyz3d / Adobe Stock

South Korean imports of liquefied natural gas are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online.The country's imports of the commodity jumped nearly 16 percent year-on-year to a record 22.7 million tonnes in the first six months of 2018, according to customs data in mid-July, boosted by demand from power firms as around half the nation's 24 nuclear…

05 Feb 2018

US Coast Guard Publishes Banned Vessels List

© Mariusz Niedzwiedzki / Adobe Stock photo

The U.S. Coast Guard posted a list of vessels that are prohibited from entering the navigable waters of the U.S. or transferring cargo in the U.S., absent a specific determination from the U.S. Secretary of State or other limited provisional entry allowed by law. This list, which is published pursuant to the North Korea Sanction and Policy Enhancement Act of 2016 and the Ports and Waterways Safety Act (PWSA) as amended by the Countering America’s Adversaries Through Sanctions Act (CAATSA), was last updated on February 2, 2018. DONG NAM NO. HIYOSHI MARU No.

19 Dec 2017

US Asks UN to Blacklist 10 Ships over Banned N.Korea Cargo

© Stanislav Komogorov / Adobe Stock

The United States has proposed that the United Nations Security Council blacklist 10 ships for transporting banned items from North Korea, according to documents seen by Reuters on Tuesday. The vessels are accused of "conducting illegal ship-to-ship transfers of refined petroleum products to North Korean vessels or illegally transporting North Korean coal to other countries for exports," the United States said in its proposal. If none of the 15 members of the Security Council's North Korea sanctions committee object to the ships being designated by Thursday afternoon, the U.S.

26 Nov 2016

FORAN Design Wins Korean Universities' First Prize

Hae-Jun Ji and his team of other sophomores and juniors at the Naval Architecture and Ocean Systems Engineering department of the Busan-based Korea Maritime and Ocean University (KMOU) won the first prize in the 25th National Ship Design Contest for University Students organized by the Society of Naval Architects of Korea (SNAK). The award ceremony was held within SNAK’s 2016 General Meeting & Annual Autumn Conference on 3 November in Changwon. The First Prize certificate with a cash award of 1,000,000 won (1,000 US dollar) was presented to the KMOU team by Seok-Ho Ban, President of SNAK. The Contest has been held annually since 1992. Each year SNAK sets two assignment categories: the design of a determined type of ship and the open-theme design of an innovative ship.

04 Apr 2016

Recent Vessel Sales - March 2016

Vessel sales for March 2016 (as of April 1) as prepared by Shipping Intelligence, Inc., New York.

16 Nov 2015

Guang Jun Collides with Ji Xin 9 in Taiwan Strait

The Guang Jun and the Ji Xin 9 were in collision on Nov 14, 2015, at 3 a.m. near Nanpeng island off Shantou in the Taiwan Strait. According to the report, Guang Yun’s crew of 26 were ordered to transfer aboard Ji Xin 9, from where they boarded the Shantou Coast Guard salvage vessel. The salvage team managed to stop the water leak and commence salvage operations. The two ships were proceeding on crossing routes and Guang-Yun-sinkingserious violation of the ColReg and last minute maneuver caused Ji Xin 9 to hit the Guang Yun portside. The "Ji Xin 9" struck her at portside and caused a breach in the foreship. The vessel started to take on water, developing a list to portside and was down by the bow.

17 Aug 2015

Singamas Depots Damaged in Tianjin blast

Container maker and logistics player Singamas Container Holdings says that some of its container depots operated by its Singamas Logistics (Tianjin) (SLTC) unit, were damaged in the explosions at Tianjin Port, reports Reuters. One of Singamas employees has been uncontactable and a few other workers suffered minor injuries. The Hong Kong-listed company, which has facilities throughout China,  said it was not yet able to estimate the exact losses due to restricted access to its depots in the affected area. Its factory in Tianjin was unaffected, it added. Singamas noted that the explosions occurred approximately 800 meters from one of its depots at 197…

15 Jul 2014

South Korea Ferry Survivors Demand Answers

Teenage survivors of South Korea's worst maritime disaster in 20 years, many wearing yellow bracelets, walked out of classrooms on Tuesday and marched on parliament to demand enabling legislation for a inquiry into the more than 300 deaths. More than half of the 75 children rescued from the ferry Sewol that capsized and sank on April 16 joined growing public calls for parliament to pass a special bill for an independent inquiry sought by victims' families. More than 3.5 million signatures have been collected to demand its passage. "The entire nation saw it on April 16. We ask that the truth behind the unfair deaths our friends suffered be told," said a bespectacled boy taking part, who asked not to be identified.

17 Apr 2014

S.Korean Ferry Master Faces Investigation

The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed reports that he was one of the first people to jump to safety as the vessel began sinking. The Sewol ferry was carrying 475 passengers and crew when it capsized on Wednesday. The government has said nine people were found dead and 179 had been rescued, leaving about 290 people, most of them teenaged school children, missing and possibly trapped in the vessel. The captain, identified as Lee Joon-seok, 69, is being questioned by the coastguard and is the subject of a criminal investigation, a coastguard official said.

10 Mar 2014

UASC Ups Mega-Container Ship Order to 17

Mega-containership sign-up: Image courtesy of UASC

United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels. The 14,000 TEU and 18,000 TEU newbuildings are scheduled for delivery from late 2014 and from the first half of 2015, respectively. UASC hosted a signing ceremony in Dubai where the newbuilding contract was signed by His Excellency Salem Ali Al Zaabi, Chairman of the UASC Board of Directors, and by Mr. Y. J. Ji of HHI.

03 Feb 2014

USAC, HHI Ink $2 Billion in Newbuildings

UASC Cements its largest ever newbuilding order by exercising options for six 14,000 TEU boxships. United Arab Shipping Company (UASC) announced Sunday that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC’s history, worth over US$ 2 billion including all options. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built.

18 Nov 2013

Carnival Sunshine Embarks on Inaugural Voyage

Carnival Sunshine in New Orleans

The totally transformed 3,006-passenger Carnival Sunshine – the largest Carnival Cruise Lines ship ever to be homeported in New Orleans -- will sail this afternoon on its inaugural voyage from the Big Easy, embarking on a six-day cruise to Cozumel and Grand Cayman. Earlier this year, Carnival Sunshine underwent a $155 million, 75-day makeover that added a variety of innovations that are part of Carnival’s groundbreaking Fun Ship 2.0 enhancement initiative, along with several features unique to this vessel and 182 new staterooms.

13 Aug 2012

China Shipyard Christening for Two RoRo's

Photo credit Nantong Mingde

Two Pure Car/Truck Carriers (PCTC) for GCC named at the Nantong Mingde Shipyard. At the christening ceremony of the two vessels at the Nantong Mingde Heavy Industry shipyard, godmothers , Ms. Agnes Blystad from Norway and Mrs Shishido a director of MOL, Japan named the RoRo's Viking Ocean and Viking Sea respectively. Mr Ji Fenghua, the Board chairman of Mingde , Mr Shinobu Shishido ,the Board chairman of Japanese MOL, Mr Yao Bole, the Chairman DNV, Mainland China, were among the many notables present at the ceremony.

08 Aug 2010

LNG-Powered Ship in Chinese Waterways

China Natural Gas, Inc. (Nasdaq GM: CHNG), a provider of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial, and residential use in Xi'an, China, announced that a ship powered by liquefied natural gas (LNG) and modified by the company successfully completed its test navigation in Wuhan on August 3, 2010. The event is the first time an LNG-powered ship has navigated in China's domestic waterways, demonstrating that LNG can be used both in cars and ships as a transportation fuel. The company succeeded in fueling a tugboat weighing over 300 tons with LNG for Wuhan Ferry Company. The ship now runs on a fuel formula of 30% diesel and 70% natural gas, representing significant energy and cost savings.

01 May 2008

Cosco to Grow Offshore and Shipbuilding Business

Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute $481.2m or 91 percent of the company's $528.8m revenue during the January to March quarter, Energy Current reported. Of the total revenue from the three key business segments, 21 per cent comes from ship repairs contracts, half of its 42 per cent share last year. The smaller revenue share from ship repairs business is in line with Cosco's move to secure higher value contracts in new shipbuilding and offshore marine engineering services, Cosco Vice Chairman and President Ji Hai Sheng said during a press briefing in .

06 Jul 2004

C-MAP Wins China Shipping Contract

PHOTO: Mr. 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, Mediterranean and North America. In the beginning of 2003, when the construction of their new Xin Series began, it has been decided to equip the 5600TEU vessels with Litton Sperry VMS ECDIS and 4200TEU vessels with KH ECDIS.

27 Jul 2007

Jiangnan of China Signs Deal For Engines

President Kyusang Cho of Doosan Engine signed a deal with Jiangnan Shipyard (Group) Co., Ltd. (Jiangnan), which is under the control of China’s CSSC Group, in an effort to supply for 12K98MC-C engines for mounting on 8,530 TEU container ships. The signing ceremony was attended by Kyusang Cho, Doosan Engine’s president, as well as Hua Guan Yun, CSSC Group’s executive Vice President, Mr. Shi Ji Gang, this shipyard’s executive Vice President and Mr. Di, CSTC Group’s General Manager among other personnel.

24 Sep 2002

Singapore To Hold International Bunkering Conference

The 12th Singapore International Bunkering Conference (SIBCON) 2002, to be held from September 26-28, 2002 at the Shangri-La, Singapore, will be officially opened by Mr Khaw Boon Wan, Senior Minister of State for Transport, and Information, Communications & the Arts on 26 Sep 2002. Khaw would also be delivering the opening address for the ceremony. This biennial event will bring together some 25 maritime and marine fuel experts from around the world to speak on the latest international trends and developments in bunkering, and the challenges facing the industry. They represent the oil majors, shipping lines, bunker traders, bunker suppliers, and classification societies.