Marine Link
Tuesday, September 25, 2018

China News

Wärtsilä Automation for Maersk Tankers

Wärtsilä inked an agreement to supply propulsion control system and advanced alarm and control system, the Nacos PCS/MCS Platinum, for Maersk Tankers’ six 110 DWT LR2 newbuildings being built at the Dalian Shipbuilding yard in China. The first ship is expected in 2020, with the balance of the six delivered over two years. The Wärtsilä Nacos Platinum automation package is a fully integrated system designed to optimize main engine propulsion efficiency to deliver fuel savings and lower operational costs. The energy saving features include power management, and logic for cargo overview and remote control. The updated system features fewer parts than earlier versions as well as console mounting possibility.

Iran Floats Surplus Oil as Demand Falls Ahead of US Sanctions

© Kees Smits / MarineTraffic.com

Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand for the oil fell ahead of U.S. sanctions.The tankers, carrying about 2.4 million barrels of South Pars condensate combined, have been floating off the UAE since August after South Korea halted imports from Iran while China's demand dropped during summer, according to several industry sources and shipping data.The build-up in Iranian oil…

First Steel Cut for Tianjin Port’s New Smart Tugs

A steel cutting ceremony at Jiangsu Zhenjiang Shipyard  (Photo: Robert Allan Ltd.)

A pair of steel-cutting ceremonies held a week apart at separate Chinese shipyards initiated the construction of new workboats for Tianjin Port.Following the successful completion in 2015 of concurrent construction programs involving five vessels of three different designs, Canadian naval architecture firm Robert Allan Ltd. said it began developing two more designs, working closely with the towing branch of Tianjin Port.On August 23, the steel-cutting ceremony for the first of two ASD 40/35 pilot/tugboats was held at Jiangsu Zhenjiang Shipyard in China.

China LNG Tariff Casts Shadow Over New US Export Terminals

© vladsv / Adobe Stock

China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller.Beijing on Tuesday said it would tax U.S. products worth $60 billion effective Sept. 24 in retaliation for tariffs imposed by U.S. President Donald Trump in an escalating trade war.The rate was smaller than the 25 percent tariff China had touted earlier, which offered some relief and helped shares in listed U.S.

Trafigura Names First of 35 New Tankers

Photo: Trafigura Group

Singapore's commodity trading company Trafigura Group has named the first of its 35 crude oil and product tankers being built in South Korea and China.The naming ceremony took place at Hyundai Samho Heavy Industries’ shipyard in Jeolanam-do, in the southwest of South Korea yesterday (September 20) in the presence of Singapore’s Senior Minister of State for Transport and Health, Dr Lam Pin Min. Dr Lam’s wife, Dr Jeanette Chen, became godmother to the first vessel to be named, the Mt Marlin Singapore…

New Strategies to Guard Against Future Security Threats

©Hamburg Messe und Congress, Rolf Otzipka

The international conference on maritime security and defense (MS&D), held for the seventh time in Hamburg during the SMM maritime trade fair, focused on current and future challenges to maritime security and defense. Twenty naval, industrial and science experts discussed topics such as how to protect international ocean trading routes, when and how to deploy naval forces on crisis missions, as well as cyber security issues.The welcome address opened the event with somber words as Rear Admiral Thorsten Kähler…

Icebreaking LNG Carrier Named Vladimir Vize

Vladimir Vize naming ceremony. Photo: Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines (MOL) announced that a naming ceremony for a new icebreaking liquefied natural gas (LNG) carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation, was held at Daewoo Shipbuilding & Marine Engineering (DSME) on September 11.The newbuild was named the Vladimir Vize by Irina Ershova of PAO Novatek, the major shareholder in the Yamal LNG project. The name was chosen in honor of the Russian Arctic explorer and oceanologist.The Vladimir Vize is the sister vessel of the Vladimir Rusanov…

Trafigura Leases 35 Crude Oil and Product Tankers

(Photo: Trafigura)

Commodity trader Trafigura had leased 35 newly built crude oil and oil product tankers from an undisclosed Asian financial partner with the vessels expected to be delivered late this week and all through 2019, the company said."Until 2020, the vessels will run on regular fuel, and from then onwards, whenever allowed (some ports do not allow usage of open loop scrubber), they will burn high sulphur fuel oil, which is possible due to the scrubber onboard each vessel," a company spokesman told Reuters on Friday.The tankers…

China Navy Ship Makes Maiden Visit to Venezuela

File photo: China's Peace Ark in 2014 (U.S. Navy photo by Shannon Renfroe)

A Chinese naval ship has traveled to Venezuela for the first time, following a visit by President Nicolas Maduro to Beijing this month, where he had been looking to gain China's support for the Latin American nation's struggling economy.The naval medical ship, known as the "Peace Ark", arrived on Saturday at the Venezuelan port of La Guaira for an eight-day period of "friendly visits" to the country, the official Xinhua news agency said on Sunday.Maduro, whose leftist government is under fire in Venezuela as the economy struggles with a fifth year of recession and hyperinflation…

LNG Shipping Rates Spike with No Respite Seen Through 2019

(Photo: Höegh LNG)

The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.The rate for vessels shipping LNG from the Atlantic Basin to Asia has jumped to $90,000 to $95,000 a day this week from $75,000 a day at the end of August, brokers and traders said.Rates, which broadly hovered around $30,000 to $40,000 a day from 2015 to 2017, have risen due to longer distances covered to transport LNG from new terminals in the United States and Arctic Russia…

Russia's Novatek Ships First LNG Cargo to Brazil

Image: Novatek

Russian natural gas producer Novatek has shipped its first LNG cargo to the Brazilian market with LNG produced from the Yamal LNG project.A statement from PAO Novatek said that its wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd. has shipped its first LNG cargo to the Brazilian market with LNG produced from the Yamal LNG project. The cargo was delivered to the Bahia Regasification Terminal owned by Petrobras.“Our LNG marketing strategy aims to diversify our supply geography and customer base,” noted Leonid Mikhelson, Novatek’s Chairman of the Management Board.

Incat Crowther Launches Catamaran Passenger Ferry

Jiang Men. Photo provided by Incat Crowther

Australian Company specializing in Marine engineering design Incat Crowther announced the launch of 40m Catamaran Passenger Ferry, Jiang Men, built by Wang Tak.Jiang Men is the third in a series that started with 2016’s Shi Zi Yang 7. In the constantly evolving highly-competitive China marketplace, Incat Crowther has continued to improve the design, realizing 8% improvement in fuel burn. The vessel is engineered for robust structure and performance, claimed a press release.Jiang…

OGCI Pledges to Tackle Methane Emissions

 Photo:  OGCI

The Oil and Gas Climate Initiative (OGCI) has announced a target to reduce by 2025 the collective average methane intensity of its aggregated upstream gas and oil operations by one fifth to below 0.25%, with the ambition to achieve 0.20%, corresponding to a reduction by one third.The methane intensity refers to the methane that gets lost in the atmosphere when producing oil and gas, as a percentage of the gas sold. This effort represents a significant milestone in tackling a key…

Cosco Forms Joint Venture with Furuno

(Photo: Furuno)

China’s Cosco Shipping Technology (CS Tech) has teamed up with Japan’s Furuno Electric and Heisei Trading to form a joint venture in the maritime navigation and communications market.The Shanghai based Cosco Shipping Furuno Navigation Technology will provide equipment, systems and related services for domestic and international shipping fleets as well as inland waterways vessels. The consortium will also examine future research possibilities concerning safer, more secure and efficient ship operation.Yukio Furuno…

CMA CGM Celebrates 40 Years of Entrepreneurialship

Photo by CMA CGM

40 years ago, on September 13th, 1978, Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. The day marked the beginning of an extraordinary humane and entrepreneurial adventure, said a press release.According to the statement, 40 years later, CMA CGM has become a recognized world leader, with 34,000 employees and a presence in more than 160 countries. History: It is amid the Lebanese war that Jacques R. Saadé decided to settle in Marseilles to protect his family.

USCG Navigation Center: Steering a steady course for safe, secure, efficient waterways

Coast Guard Cutter Cypress at sunset. Photo by Petty Officer 3rd Class Lora Ratliff, U.S. Coast Guard District 8.

The U.S. Coast Guard’s Navigation Center (NAVCEN) is involved in a number of activities that have an impact on all Americans, even if they don’t realize it.From motorists checking directions with their Global Positioning System (GPS) to boaters to ships coming and going to U.S. ports, the NAVCEN plays an unseen but vital role.With a staff of19 officers, 17 enlisted personnel and 19 civilians, NAVCEN falls under the Director of Marine Transportation Systems (CG-5PW) at USCG Headquarters…

China Harbour Engineering to Build Berri Field in Saudi Arabia

Image: Saudi Arabian Oil Co.

Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two  drilling islands under the company’s Berri Increment Program (BIP).The objective of the BIP is to produce an additional 250,000 barrels per day of Arabian Light crude oil from the Berri Oil Field to reach 500,000 barrels per day to maintain Saudi Aramco’s maximum sustained capacity by early 2023.A signing ceremony to mark the contract award was held in Dhahran.

The USD1trln African Maritime Industry Mulls Further Growth

Image: UN Economic Commission for Africa (ECA)

The blue economy can be the engine of economic growth, the basis of socio-economic development and industrialization for many African countries, if well utilized.The maritime industry, for example, is estimated at over $1 trillion, and there are other related and emerging sectors of tourism, offshore renewable energy, aquaculture, seabed extractive industries, marine biotechnology and bio prospecting.Said Adejumobi, Southern Africa Director, UN Economic Commission for Africa (ECA) said that  the Economic Commission for Africa is fully committed to supporting the African Union…

Bio-Sea BWTS Installed in CMA CGM Antoine De Saint Exupéry.

Antoine de Saint Exupery. Photo: CMA CGM

France's BIO-UV Group has successfully installed and commissioned its Bio-Sea ballast water treatment system (BWTS) in CMA CGM's new flagship, the 400 m long, 20,600 TEU CMA CGM Antoine De Saint Exupéry.The vessel, one of the largest containerships to be built by Hanjin Heavy Industries' yard in the Philippines, and the largest to fly the French flag, was christened in Le Havre earlier this month by the Minister of Economy and Finance, Bruno Le Maire, and the Minister in charge of Transport…

Chevron, ExxonMobil, Occidental Petroleum Join Oil and Gas Climate Initiative

Image: Oil and Gas Climate Initiative

The Oil and Gas Climate Initiative (OGCI) announced three new member companies that together represent 5% of global oil and gas production as it welcomed Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum.The three new companies will become official members of OGCI as of September 24, 2018.With these additions, OGCI members now represent around 30% of global oil and gas production and supply close to 20% of global primary energy consumption. The 13 member companies represent regions including China…

Dellner Brakes Acquires JHS Jungblut

Dellner Brakes JHS passive yaw sliding bearing for wind turbines (Image: Dellner Brakes)

Swedish-based marine and industrial brake supplier Dellner Brakes said it has acquired German brake specialist JHS Jungblut in a move that aims to strengthen the company’s offering in the wind energy market, and also enable further global expansion, particularly in the Far East.The enlarged company will operate under the Dellner Brakes JHS GmbH brand. Kai Kölker has been appointed Vice President for Dellner Brakes JHS GmbH and will be running the company’s wind business division in Dorsten…

Klaveness Combination Carriers Seeks Fund for CLEANBU Vessels

Image: Klaveness Combination Carriers

Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million.The owner and operator of modern combination carriers said that current investors, management and previous CABU investors will subscribe for USD 25 million.Klaveness Combination Carriers AS (KCC), with its nine CABU vessels in operation and five CLEANBU vessels on order, is the leading owner and operator of modern combination carriers.

Qatargas, PetroChina Sign 22-Years LNG Supply Deal

Photo: Qatargas

Qatargas, the world’s largest LNG producer,  has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina Company Limited (PetroChina), to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) per annum.Under the 22-year SPA, which ends in 2040, Qatargas will supply LNG from the Qatargas 2 project, a joint venture between Qatar Petroleum, ExxonMobil and Total, to different receiving terminals across China…

Maritime Reporter Magazine Cover Sep 2018 - Maritime Port & Ship Security

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