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Jiangsu Province News

20 Feb 2024

CNOOC Receives Approval for Second LNG Berth at Yancheng Port

© tonyv3112 / Adobe Stock

Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday.The second berth will be one of four such berths on a new platform and will have annual throughput capacity of 6 million metric tons alongside 4 million tons loading and offloading capacity, the statement said.The addition is part of an expansion project for CNOOC's Yancheng green energy port, which is designed to serve the natural gas needs of the provin

04 Oct 2022

Anemoi, CHI ink Wind Ship Tech Pact

Photo courtesy Cosco Shipping/Anemoi

Anemoi Marine Technologies, a provider of Rotor Sails to the shipping industry, reached an agreement with COSCO Shipping Heavy Industry Co (CHI), a Chinese shipbuilding organization with nine yards and 7.5m dwt of annual production capability, whereby CHI customers will have the option to install Anemoi's Rotor Sails on newbuild vessels or retrofit during dry dock. Under the terms of the agreement, the companies can offer a turnkey installation solution to customers.Rotor Sails, also known as Flettner Rotors, are an energy saving technology.

23 Sep 2022

Shenghong Petrochemical Preps Terminal for Super Tankers

Copyright Fotos von Schiffen/AdobeStock

Chinese refiner Shenghong Petrochemical Corp, part of the listed Jiangsu Eastern Shenghong Co 000301.SZ, has readied a new terminal to receive Very Large Crude Carriers and boost the refiner's logistics efficiency, a company representative said. The Lianyungang terminal in Jiangsu province is able to dock super tankers with capacity of 300,000 tonnes deadweight.The refiner, which started trial operations at its 320,000 barrel per day crude distillation unit in May, is in the process of starting up secondary and petrochemical units


20 Jul 2021

China's Port City Qingdao Suffers Worst Algae Infestation

Credit: Igor Groshev/AdobeStock

China's eastern port city Qingdao is experiencing the worst ever algae infestation in the region, with more than 1,700 square km of coastal area blanketed by harmful green seaweed, also known as "green tide." Qingdao has suffered from algae for 15 years. It normally appears from late spring and lasts for three to four months, damaging the local marine ecosystem as algae take oxygen from other organisms and churn out toxic odors while decaying. More than 1 million tonnes of algae are expected to be removed from coastal waters


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


24 Dec 2020

Jiasheng Gas to Build $380M LNG Terminal in Jiangsu, China

Illustration - Credit:  Eric Middelkoop/AdobeStock

China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said.The little-known firm is among a group of companies outside the dominant state oil and gas giants that are expected to lead new investment in LNG import terminals over the next decade as China opens up the sector to more private participation.The first phase of the project, to be built at Jiangyin port in Jian

17 Nov 2020

World's Largest Ethane Carrier Delivered

(Photo: MISC Berhad)

MISC Berhad (MISC) has taken delivery of the world's largest very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.The newbuild 98,000 cubic meter capacity Seri Everest, MISC's first VLEC, is the lead vessel in a series of six that the shipowner purchased from Zhejiang Satellite Petrochemical (STL) in July 2020. Concurrently, MISC had also entered into time charter parties (TCPs) with STL, for the six VLECs to operate in international waters.

21 May 2020

China to Receive Rare U.S. Ethanol Shipment on Friday

A rare ethanol shipment of U.S. origin is expected to arrive in China this month, according to three industry sources and shipping data, probably the first such cargo since the two countries struck an initial trade deal in January.The market has been watching closely for signs of renewed trade in biofuel after China waived some additional tariffs on 696 American products, ethanol among them, to support purchases of U.S. farm goods, after the signing of the Phase 1 trade deal.Oil tanker SC Chongqing, which loaded a cargo of about 9,000 tonnes at Oman's Sohar port in April, is expected to arrive at Nanjing in eastern Jiangsu province on Friday


30 Apr 2020

MAN Engines Ordered for New Offshore Installation Vessel

China Merchant Heavy Industry (CMHI) has ordered 6 × MAN 12V32/44CR main engines in connection with the building of a new 5,000-tonne floating installation crane vessel – already christened ‘Les Alizés’ – for Jan De Nul Group.Delivering a cumulative output of 43,200 kW, the common-rail engines will each feature an enhanced, MAN-supplied SCR (Selective Catalytic Reduction) system for IMO Tier III-compliance, and will also meet the even-stricter Euro Stage Vcompliant NOx-emission limit.

14 Apr 2020

China's GCL, Shell Working on LNG Trading JV

GCL Oil& Natural Gas Co Ltd has entered a framework agreement with Royal Dutch Shell to explore setting up a joint venture based in eastern China to market and trade liquefied natural gas (LNG), the privately-owned Chinese company said on Tuesday.The proposed JV would secure LNG supplies from Shell and market the fuel to a receiving terminal which GCL is planning in Jiangsu province, GCL said in a statement.A Shell spokeswoman confirmed the agreement.The companies provided no further details. (Reporting by Chen Aizhu; editing by Jason Neely)

04 Feb 2020

LNG Tanker Diverted from China in Sign of Weaker Demand

© nikkytok / Adobe Stock

A liquefied natural gas (LNG) tanker that had been heading to China has been diverted, data intelligence firm Kpler and two industry sources said on Tuesday, probably due to lower demand for the fuel as businesses are hit by the coronavirus outbreak.The Tangguh Foja tanker loaded a cargo at the Tangguh LNG plant in Indonesia last month and had been heading to China's Rudong terminal in Jiangsu province, Refinitiv shipping data shows.It was diverted towards the South China Sea on Jan.

07 Apr 2019

Guanghui Signs 10-year LNG SPA with Total

France’s Total and  Guanghui Energy, a China-based company, principally engaged in the natural gas and coal business, have signed a long-term sale and purchase agreement (SPA) for the supply of 0.7 million tonnes per year of liquefied natural gas (LNG) for a period of 10 years.According to Total, the gas will be delivered to Guanghui’s regasification terminal in Qidong, Jiangsu Province, from Total’s global LNG portfolio.“We are delighted to start a long-term relationship with Guanghui, an increasingly successful LNG market player in China with clear ambitions for growth. This new supply contract is in line with Total’s strategy to expand its presence in the Chinese LNG market


27 Mar 2019

EDF Enters Chinese Offshore Wind Market

French energy company EDF has signed an agreement with the Chinese utility China Energy Investment Corporation (CEI) to jointly deliver two offshore wind power projects in China.The Dongtai IV and V offshore wind farms account for a total installed capacity of 500 MW and will be the EDF Group’s first offshore projects in China.The cooperation agreement signed with China Energy Investment, a leading industrial player on China’s electricity market, concerns EDF’s acquisition of a stake in the Dongtai IV and V offshore wind projects, located off the coast of Jiangsu Province north of Shanghai.The Dongtain IV projet is currently being built; the construction of Dongtai V is scheduled to begin in 2019.

11 Oct 2018

Yangzijiang Shipbuilding, Mitsui in Shipbuilding JV

Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding

A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui E&S Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. (Head Office: Jiangsu Province, Chairman: Ren Yuanlin) and Mitsui & Co., Ltd. (Head Office: Tokyo, President and CEO: Tatsuo Yasunaga), has entered into a shareholders' agreement to establish


08 Oct 2018

CNOOC to Expand Jiangsu Binhai LNG Project

China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC.CNOOC will lift the storage tank facility of each of the four tanks linked to the Jiangsu Binhai LNG receiving terminal to 220,000 cubic meters, up from 160,000 cubic meters, China News said.Total investment in the project rose to 17 billion yuan ($2.46 billion), up from 14.4 billion yuan, China News said.The terminal and its storage tanks will be able to serve a broader region including the provinces of Jiangsu, Anhui, Henan and Shandong, where the government is switching winter heating fuel to gas from coal.The first phase of the project, with a supply capacity of 3 million tonnes, will be completed in Septe

03 Apr 2018

Torqeedo Powers Electric Workboat Fleet in China

Torqeedo Suzhou River Cleaning (Photo: Torqeedo)

The City of Suzhou in eastern China has deployed a fleet of electric workboats powered by Torqeedo motors as part of a program to clean up its canals and waterways. The ancient city of Suzhou, located in Jiangsu Province near Shanghai, is home to more than 10 million people. Often called the “Venice of the East” the 2,500 year old city is noted for its many canals, rivers, lakes, ancient stone bridges, pagodas and gardens. Suzhou Creek, which flows through the city to Shanghai, was at one time said to be the most contaminated waterway in China, filled with sewage and garbage.

25 Mar 2018

Abu Dhabi Ports, China Trade Council Sign MoU

Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), which is considered the largest free trade zone in the region. The Memorandum of Understanding (MoU) was signed by Abdulla Al Hameli, Executive Vice President - Corporate Support at Abu Dhabi Ports and Zhou Guangyao, Representative of the China Council for the Promotion of International Trade for the GCC region. The agreement was signed on the side-lines of the ‘KIZAD Business Week’


13 Nov 2017

KHI to increase new builds in China

 ©Akiyoko / Adobe Stock

Kawasaki Heavy Industries will move more of its commercial shipbuilding operations from Japan to China. It aims to reduce its production in Japan from 40% of all builds to 25% in a bid to increase profitability. The company currently operates a shipyard outside Shanghai in a 50-50 partnership with China's Cosco Shipping. The shipyard, Nantong Cosco KHI Ship Engineering, is located in Jiangsu Province along the Yangtze River and is much larger than Kawasaki's Japanese facitlity.

05 Nov 2017

China Unveils Huge Island Building Vessel

China has has unveiled a massive island-building vessel, which has been called “a magic island-maker” by its designer and is considered the most powerful vessel of its type in Asia, the state media reported. Named Tian Kun Hao, the ship is reported to have a deck the size of nine basketball courts and be capable of dredging up to 6,000 cubic meters an hour and digging as deep as 35 meters under the sea floor. The ship, capable of building artificial islands of the sort the country has constructed in the contested South China Sea, was launched last Friday at a port in eastern Jiangsu province, according to China Daily. The Marine Design and Research Institute in Shanghai, which designed the vessel, described it as a “magic island-maker” on Saturday.

05 Sep 2017

MHI-MS, Jiangsu Masada Ink Boxship Crane Deal

Mitsubishi Heavy Industries Mechatronics Systems has concluded a licensing agreement with Jiangsu Masada Heavy Industries for the manufacturing and sale of hose handling cranes and slim deck cranes for container ships. The license granted to Jiangsu Masada follows similar agreements in 2008 for deck cranes of bulk carriers and in 2012 for deck machinery and steering gears. This further broadening of Jiangsu Masada's product lineup will expand the market share for marine machinery utilizing MHI group technologies in China, the world's largest market for marine vessel construction. The hose handling cranes subject to this licensing agreement comprise three series, with hoisting loads of 10 tons, 15 tons, and 20 tons, which are fitted mainly on MR tankers and larger vessels.

08 Aug 2017

Yangzijiang Shipbuilding Q2 Profit Surges 73%

China’s Yangzijiang Shipbuilding Holdings reported a 73 percent increase in second-quarter net profit, helped by higher revenue from the construction of larger-size vessels,  Reuters reported. The company, which specialises in dry-bulk carriers,  posted a net profit of 719.92 million yuan (S$146 million) for the second quarter ended June 30, 2017. Revenue increased 27 per cent year on year to 3.79 billion yuan in Q2 due to higher contributions across its different businesses. The revenue derived from its shipbuilding business increased 25 per cent mainly due to higher volume of shipbuilding activities with construction of larger-sized vessels.

13 Mar 2017

N.Korean Ship sinks off China, All Rescued

A North Korean cargo vessel called Kum San sank off the east coast of China early on March 9 after colliding with a Chinese fuel tanker, which rescued 27 crew members, the Ministry of Transport said in a statement on Monday. The collision took place near the port of Lianyuanhang in Jiangsu province at 4 a.m., the government said in the statement. The boat sank by 6 a.m. This is the second reported sinking of a North Korea cargo ship since January. The ship did not appear on a United Nations list of sanctioned North Korean vessels. The Chinese tanker was not damaged in the incident, which comes after a North Korean cargo vessel carrying rice sank off the west coast of Japan in January.

26 Aug 2016

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up efforts to cut costs as new vessel orders slide amid a volatile global economy. The Singapore-listed firm, which says it is one of the largest private shipbuilding companies in China, has already cut about 4,000 jobs this year, a spokesperson said late on Thursday, bringing its current workforce to 22,000. Earlier this month, it said revenue was nearly halved in the second quarter as it soaked up a broad industry downturn. The company, which has four shipyards in China's Jiangsu province