Marine Link
Monday, November 19, 2018

China News

First U.S. LNG Cargo Since Trade Tariffs Arrives in China

An LNG carrier at sea. Fine Image (QGTC)

A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera Duero Knutsen from the Sabine Pass terminal operated by Cheniere Energy .It arrived at the Zhejiang Ningbo LNG terminal in China on Nov. 11, the data showed.This is the first U.S. LNG cargo to be shipped to China since Sept. 10, according to the data. China imposed a 10 percent tariff on U.S. LNG in September.Reporting by Jessica Jaganathan

Tidewater Chooses UniSea

Photo: Tidewater

UniSea AS, a software developer and consultancy specializing in solutions for the shipping industry, has been selected by Tidewater Inc. as its partner in the digitalizing and standardizing of Tidewater’s business processes related to health, safety, environment and quality (HSEQ) and operations. The UniSea software suite will be implemented on all Tidewater vessels and in all offices in one of the largest contract’s in UniSea’s 21-year history.Tidewater Inc., headquartered in Houston…

ICS Chairman Warns on Global Trade War

ICS Chairman Esben Poulsson. File Photo: International Chamber of Shipping (ICS)

International Chamber of Shipping (ISC) Chairman Esben Poulsson has warned of the threats facing the global economy as US trade sanctions against China and other countries risk damaging long-term development.Speaking on behalf of the global trade association for ship owners in Tokyo on 13 November, Poulsson said that the shipping industry had little power to change the geopolitical and trade policies pursued by governments.Esben Poulsson, highlighted serious concerns about the…

China Becomes Top Natural Gas Importer

© vladsv / Adobe Stock

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.China's total natural gas imports over January to October this year via pipeline and as liquefied natural gas (LNG) were at 72.06 million tonnes, up a third from the same period last year, according to Reuters calculations based on General Administration of Customs data.Japan…

Joey Farrell: Born to Marine Salvage

Boys are coaxed into cleanliness at bath time playing with boats. But it was never a game for Joseph Farrell, III, instinctively realizing he was ballasting and salvaging ships, unlike the typical Mr. Bubbles kid. The scion of Resolve Marine Group may have been born to lead the global emergency response company founded by his father with a single tug 38 years ago, but he’s never taken dangerous wreck removal lightly.Before turning 15, Joey had two close calls on and around ships that guide him today, at 34.

Training on Ship Fuel Data Collection in China

Pic: International Maritime Organization (IMO)

The International Maritime Organization (IMO)-led GloMEEP project has delivered a training course in China last week to help maritime administrations and classification societies play their part in an ambitious scheme to collect fuel consumption data from ships.The data collected will provide vital information to support IMO’s global efforts to reduce greenhouse gas emissions from international shipping. From 1 January 2019 ships of 5,000 gross tonnage and above will have to collect consumption data for each type of fuel oil they use.

East Africa Opens it First Inland Dry Port

Pic: DP World

Dubai-based global port operator DP World and the Rwandan government have opened East Africa’s first Inland Dry Port, 20 kilometers from the capital city Kigali and close to the international airport.DP World Kigali logistics hub is a secure, bonded facility spread over 13 hectares and features an Inland Container Terminal (ICT) with modern warehousing capacity, a container yard, administrative and services buildings, parking areas and other facilities.According to a release from the world's port terminal operator…

Global Container Trade Lost Momentum in Q3: Maersk

Svitzer tugboat Hermod outside Maersk headquarter at Esplanaden in Copenhagen, Denmark. Photo: Maersk Line

Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year, a much slower pace of growth than the 5.8% recorded in 2017 Container trade remained fairly weak on the EastWest trades, growing by 1.9% in Q3.Growth was driven by European imports from Asia of 2.3%, refl ecting descent…

Wan Hai Lines Confirms Orders for 20 Newbuilds

Pic: Wan Hai Lines

Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation (JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company (CSTC).During the contract signing ceremony that was held at Wan Hai Lines’ Taipei headquarter on 12th November 2018, the Taiwan's shipping company said that the new order was part of its fleet improvement plan.The contract includes eight 3036Teu container vessels with JMU and twelve 2038Teu container vessels with GWS /CSTC…

USP, CNCo Join to Research New-Generation Low-Carbon Ships

Image: Swire Shipping

The University of the South Pacific (USP) and The China Navigation Company (CNCo), parent of Swire Shipping and Swire Bulk, have signed a Memorandum of Understanding (MOU) to conduct feasibility studies for the design costs and plan for new generation ships for the Pacific region which is committed to low carbon sea transport.Under the MOU signed on 10 November 2018, Project Cerulean aims to eventually develop a new class of small cargo freighter, which, once proven to be commercially viable to operate…

Novatek Ships First LNG Cargo To China Via Arctic

Image: Novatek

Novatek Gas and Power Asia, wholly owned subsidiary of Russia’s largest independent natural gas producer Novatek, shipped a cargo of liquefied natural gas (LNG) produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC).The LNG cargo was delivered to Fujian LNG Terminal in China via the Northern Sea Route (NSR) by an Arc7 ice-class LNG carrier in 20 days, completing the NSR part of the journey in 7.5 days.A release from the natural gas producers quoted Leonid Mikhelson…

Workforce Down by 27% at S. Korea’s ‘Big 3’ Shipbuilders

Image: Samsung Heavy Industries

South Korea's Big Three shipbuilders  - Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) - have hit record low in workforce.According to a report in Business Korea, the total number of employees in South Korea's Big Three shipbuilders has plunged a whopping 27 percent compared to 2011.The “big three” shipbuilders had 36,757 employees on the payroll last year, down 27.04 percent from 50,377 in 2011.The figure decreased to 35…

Fast Delivery of Beloe More to Siberian Harbor Before Winter

Beloe More (Photo: Damen)

The Beloe More recently joined its sister vessel Severnaya Dvina in the Port of Sabetta, northern Russia. The 2,000 m3 hopper dredger was delivered from stock to FSUE ROSMORPORT. The customized hopper dredger will perform maintenance duties and execute capital dredging in the newly created harbor.The Beloe More - meaning ‘White Sea’ in Russian - is not the first vessel Damen has delivered to ROSMORPORT. As Vadim Akimov, Damen Sales Director, explains : “ROSMORPORT is the Russian enterprise responsible for the accessibility of all major Russian sea ports.

Baltic Index [Finally] Gains on Higher Capesize Demand

File Image: A bulk carrier underway (CREDIT: K Line)

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a rise in demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 11 points or 1.1 percent - after falling 12 sessions in a row - to 1,020 points.The capesize index marked its first gain in 12 days, rising 7.1 percent, or 67 points, to 1,007 points.

Floating LNG Storage in Asian Waters Soars as Demand Falters

File Image (CREDIT DNV GL)

As many as 20 LNG tankers floating in Asian waters; most off Singapore. The last time tankers used for storage was in 2014.Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders have been caught off guard by warmer-than-expected temperatures that have capped demand and pulled down prices.Spot market demand ahead of winter has been slowed by the forecasts for warmer temperatures this year in North Asia, with onshore storage tanks filling up."People were expecting China to buy as much as last year in the spot market…

ABB Signs Breakthrough Contract for Marine Automation in China

Photo: Viking Line

ABB has won its first marine automation system contract for a cruise ferry in China, after the technology package for Chinese-built Viking Line vessel has been extended to include the ABB Ability System 800xA.ABB Ability System 800xA integrates power, propulsion and vessel management systems into one platform, enabling both crew and onshore teams to get a comprehensive overview of all the information needed to operate the vessel in the safest and most efficient manner. Adding marine automation to the technology package will improve project management…

Baltic Index Marks First Gain in 13 days on Higher Capesize Demand

© Aleksey Stemmer / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a rise in demand for capesize vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 11 points or 1.1 percent - after falling 12 sessions in a row - to 1,020 points.* The capesize index marked its first gain in 12 days, rising 7.1 percent, or 67 points, to 1,007…

China Strengthens Maritime Cooperation with Lativa

Pic: Freeport of Riga

The the third largest container port in the world Port of Shenzhen Lativa's Freeport of Riga have a common goal - to become internationally important and strong ports through cooperation.Recently, Port of Riga welcomed a delegation from the Port of Shenzhen, including representatives of the city municipality and management of the port authority, as well as port entrepreneurs — representatives of all four container terminals of the Port of Shenzhen.Since the Port of Shenzhen is a cooperation port for Riga…

Sunstone Orders More Cruise Ships in China

 3D renderings of the GREG MORTIMER, the first new building.

SunStone Ships continues to break new ground in the specialty/expedtion cruise sector with the announcement of the signing of an agreement to build another two Infiity class vessels in China. According to SunStone President and CEO, Niels-Erik Lund, “Our charterers are anxious to enjoy the advantages of our cutting-edge technology, like the Xbow design, along with the significant operating efficiencies offered by the INFINITY Class. So, we’re moving as quickly as possible to get…

Maersk Warns Trade War Will Impact Box Shipping

Maersk Chief Executive Soren Skou (CREDIT: Maersk)

Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect, shipping giant A.P. Moller-Maersk said on Wednesday, but warned a trade war would hit demand for container shipping in the coming years.Maersk's data indicated that imports into the United States from China had grown 5 to 10 percent year-on-year in the third quarter as companies such as Walmart and Home Depot built up inventories to avoid new import tariffs, Chief Executive Soren Skou said."The irony is that after (U.S.

Largest Chinese-built FSRU Delivered

Karunia Dewata FSRU (Photo: Lloyd's Register)

PaxOcean’s Zhoushan Shipyard has delivered a 26,000m3 floating storage and regasification unit (FSRU) Karunia Dewata to Indonesia-based Jaya Samudra Karunia (JSK). The FSRU is the largest to be built in China and will be capable of regasifying around 50 million standard cubic feet per day.The project marks a milestone for China's growing gas shipping industry and will help increase the development of Indonesia’s gas supply chain, where the unit will be based. The unit is also the first FSRU that PaxOcean has built.

LNG Bulk Carrier Viikki Starts Baltic Sea Ops

Pic: ESL Shipping

The world's most eco-friendly bulk carrier m/s Viikki, owned by ESL Shipping, a subsidiary of the Aspo Plc, has started operating on the Baltic Sea.The 25,600-dwt vessel, 160 metres long and fuelled by liquefied natural gas, produces less than half of the carbon dioxide of previous vessel generation, thanks to LNG and many advanced technologies.M/s Viikki was built in China, and after completion first sailed to Japan to load a cargo of raw materials. From there, she arrived to the Baltic Sea through the Northeast Passage…

Linde Group Bags Chinese LNG Contract

Pic: Linde Group

The technology company The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia."This will be Linde’s seventh and largest LNG plant to date in China and is in response to growing demand from customers in China," said a release from the company.Linde's Engineering Division will be responsible for engineering, procurement and site services for the LNG plant with a nameplate capacity of 750…

Maritime Reporter Magazine Cover Nov 2018 - Workboat Edition

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