Sinopec Expands LSFO Production
China Petroleum & Chemical Corporation (Sinopec ), China's first large-scale production of greener low-sulfur marine fuel oil (LSFO), announced the production capability of 10 million and 15 million tons of low-sulfur marine fuel oil in 2020 and 2023.The Beijing-based Chinese oil and gas enterprise said in a press release that by January 1, 2020, Zhoushan and other China major ports will be fully covered with Sinopec product availability, and more than 50 key overseas ports, including Singapore…
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…
U.S. LPG Gas Exports Up in Q1
North American liquefied petroleum gas (LPG) export capacity is forecast to grow considerably over the next two years, said Dorian LPG.According to the LPG shipping company, bolstered by additional volumes out of Marcus Hook in the northeast U.S. due to the startup of the Mariner East 2 pipeline, U.S. exports reached their highest levels for the first calendar quarter of 2019 in January with over 3 million metric tons of LPG exported during the month.However, significant reductions in U.S.
Samsung Heavy Orders Pumps from SVANEHØJ
SVANEHØJ, which is located in Aalborg, Denmark, has secured an order from South Korean shipbuilder Samsung Heavy Industries for a total of 42 pumps for three new Very Large Ethane Carriers (VLEC). The ships have been ordered by the Chinese company Zhejiang Satellite Petrochemical and will be used to carry liquid ethane from Texas, USA, to the company’s petrochemical terminal in Lianyungang, China.The order includes 24 offloading pumps, 12 spray pumps and six fuel pumps, all of…
ExxonMobil, Zhejiang Energy Ink LNG Pact
US-based ExxonMobil Corp announced a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas supply on Monday, under which Zhejiang Energy is expected to receive 1 million metric tons of LNG annually over 20 years.ExxonMobil said that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum…
Anthony Veder Expands LNG Fleet
Dutch gas carrier operator Anthony Veder said it is expanding its fleet with a 30,000-cbm liquefied natural gas (LNG) carrier that is currently being constructed by China’s Zhejiang Xinle Shipbuilding in Ningbo.The vessel will be completed by Zhejiang Xinle Shipbuilding under supervision of Anthony Veder and is expected to be ready for worldwide trading in the summer of 2019, said a press release from the operator of gas tankers in all the segments of gas shipping, from LPG shipping to LNG shipping and from CO2 shipping to ethylene shipping.After delivery it will be renamed with a Coral name.
First U.S. LNG Cargo Since Trade Tariffs Arrives in China
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
Saudi Aramco to Invest in China
Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.Abdulaziz Al Judaimi, Sr. VP Downstream, said: "We are exploring opportunities for new refining and petrochemicals facilities, making further investments in China. Saudi Aramco has recently signed a crude oil supply agreement with Zhejiang Petrochemical (Rongsheng). This increase in customer base is due to our continuous focus and attention to the Chinese market.
China to Slash Ship Emissions in Ports Earlier than Expected
Major ports around the Yangtze River Delta will impose tighter rules on emissions from vessels in and around the ports starting on Oct. 1, a newspaper run by China's Ministry of Transport said in a report.The ports affected are Shanghai, the world's biggest container port, as well as ports in Jiangsu and Zhejiang provinces. The report in the China Water Transport newspaper was dated Aug. 24.That is earlier than the implementation date of Jan. 1, 2019 announced previously.China's…
Sinopec, Zhejiang to Build LNG Terminal in China
China's Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said on Wednesday.The project, to be built in Wenzhou of Zhejiang province, includes four tanks each able to store 200,000 cubic meters of LNG, a berth to dock tankers of 30,000 cubic meters to 266,000 cubic meters, as well as a 26-km (16-mile) pipeline.The two…
DP World, China Signs Agreement to Boost International Trade
An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and Road Initiative.DP World will be building the ‘Traders Market’ within the Jebel Ali Free Zone Area located in Jafza South next to the Dubai Expo 2020 site.The market will include clusters of traders from all over the world, offering a wide range of products at one site.
Largest Oil Shipment Sent from Vancouver to China Since 2015
An Aframax tanker is scheduled to deliver the largest shipment of crude oil from Vancouver to China since January 2015 later this month, Thomson Reuters trade flow data show.For years, Canadian officials have pushed for an escalation in crude exports to rapidly growing Asian markets, but companies in the oil-rich Alberta have limited capacity to move crude to the nation's western coastline.That makes Canadian crude exports from Vancouver to Asia rare, but shipments have picked up in recent months, with oil tankers to China, Thailand and South Korea departing in April and July.
LNG Imports Climb at CNOOC's Zhejiang Terminal
CNOOC's Zhejiang terminal will receive 5 million tonnes of liquefied natural gas in 2018 up from 3.58 million tonnes last year, CNOOC Gas and Power Co said on Thursday.The Zhejiang terminal located in Ningbo in Zhejiang province has unloaded 33 LNG tankers as of June, or 2.3 million tonnes, up 94 percent from the same period last year, CNOOC Gas and Power said.Storage tanks linked to the terminal are nearly full, CNOOC said.The terminal is a supply hub of LNG for Zhejiang province in eastern China where gas consumption is surging as households switch to gas for winter heating.(Reporting by Men
VSAT Connectivity for Briese Schiffahrts Fleet Expansion
Globecomm has supplied its global Ku-band VSAT service to specialist shipowner and manager Briese Schiffahrts in support of its fleet growth plans.Long-time Globecomm customer Briese is undertaking a program of fleet renewal, constructing a series of eight ‘Open Top Eco 5000’ multi-purpose vessels, designed to consume 30 percent less fuel but with increased crane and cargo capacity.The first of four ships was christened in mid-April 2018 at Zhejiang Zengzhou Shipbuilding Co with three more of the 90-meter long…
China Busts Gangs Smuggling Scrap Steel
Customs in China's southeastern Fujian province broke up five gangs smuggling scrap steel in a late-night operation on Monday, the official Xinhua news agency reported.A total of 28 criminal suspects were held in Xiamen, Quanzhou and other cities in the coordinated operation, in which 3,237 tonnes of scrap steel was seized.The gangs had been buying the scrap in China, the world's biggest steel producer, since 2017 and sending it to Southeast Asian countries, Xinhua said.Amount of scrap smuggled was put at around 50,000 tonnes, worth some 78 million yuan ($12.2 million), as gangs sought to cash
Spliethoff Orders Six Vessels from China
Amsterdam-based shipping company Spliethoff has placed an order for six multipurpose vessels at the Zhejiang Ouhua Shipbuilding Co., Ltd., shipyard in China. The 165-meter-long, approximately 18,000 dwt vessels of this new R-Class are designed in accordance with the Polar Code for trade in remote areas such as the Arctic. With a hold length of over 100 meters and heavy lift cranes which are combinable, the vessels are engineered for operations within the specialized breakbulk market with heavy and outsized cargoes.
CEFC Bags Bunker Licence for Zhoushan Free Trade Zone, China
CEFC China Energy was awarded a licence by Zhoushan Free Trade Zone for supply marine bunker fuel off the east coast of China to vessels on international voyages, reports Reuters. The report quoted two CEFC officials saying that the license is to supply bunker fuel from bonded storage to vessels that call at the Zhoushan area. The Zhoushan Free Trade Zone is in the coastal province of Zhejiang and is a new free trade zone the Chinese government approved earlier this year to boost commodities trade.
Optimarin Demonstrates Total System Reliability
Environmentally friendly and compliant BWT technology company Optimarin gave a demonstration of its long-term system reliability onboard Neptune Subsea’s IMR vessel Larissa in the same week that a report from ABS revealed problems with almost half of installed ballast water treatment (BWT) systems. Optimarin has installed more than 300 of its systems worldwide, with over 500 units ordered. The 334 m3 capacity system onboard the SX130 Ulstein design Larissa was one of the first, installed during its construction by Zhejiang Shipbuilding in 2010.
Raytheon Anschütz INS for Spliethoff’s R-type Vessels
The Dutch shipping company Spliethoff selected Raytheon Anschütz to engineer and deliver Synapsis NX integrated navigation systems (INS) for six new ice-classed multipurpose vessels scheduled to be delivered in 2019. Spliethoff’s new R-type vessels are built at the Zhejiang Ouhua Shipbuiling in accordance with the polar code and the LR NAV1 notation requirements to ensure safe operations in remote regions, including the Arctic. Synapsis NX, which is fully compliant with latest IMO and IEC performance and test standards…
China's Ningbo-Zhoushan Becomes World's Top Port
China's super-large port Ningbo-Zhoushan, the busiest port in China, saw an annual cargo throughput of 1 billion tonnes, becoming the first one globally to reach this volume, according to data provided by the port. The port in East China's Zhejiang province deepened cooperation with major shipping companies and harbors along the Belt and Road, adding five sea routes to raise its total to 86. It also signed cooperation agreements with 20 other ports, Xinhua reported Mao Jianhong, chairman of Ningbo Zhoushan Port Group as saying.
Tanker Continues to Burn in East China Sea
Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past three days on the ship. The poor conditions, with rain and waves as high as 3 metres (10 feet), frustrated efforts to tame the fire and search for the 31 remaining tanker crew members, China's Ministry of Transport said in a statement on Tuesday. The flames were forcing the South Korean Coast Guard's search and rescue team to stay as far as 3 miles (4.8 km) away from the tanker…
Sea Ice Could Disrupt Shipping in Northern China
A unit of China's State Oceanic Administration (SOA) on Friday issued a blue alert for sea ice in a key port area in the north of the country, potentially disrupting commodities shipments, as temperatures in the region plummet. Sea ice in the Liaodong Bay, the northern arm of China's Bohai Sea, now extends 67 nautical miles (124 km) from the shoreline, the North China Sea Marine Forecasting Center said in an 0700 GMT alert. Ice also extends 18 nautical miles out in the northern part of the Yellow Sea, the Center said.
China's Thermal Coal Futures Rally on Tight Import Policy
China's most-active thermal coal futures jumped 2.9 percent on Monday, marking the biggest gain since August 2017, as concerns of tightening the import policy dampened outlook for foreign coal supplies ahead of summer.Coal futures prices ended at 570 yuan per tonne after touching a two-week high of 578.8 yuan per tonne earlier in the session.Futures rallied as traders took cues from a wider ban on coal imports after some ports in Fujian province put a temporary halt on them."Our company received instructions that Chuanshan anchorage under Ningbo port has banned docking by any vessel, which car