China Energy Terminals on Alert as Sea Ice Slows Ships
Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it tougher for ships to berth and discharge at key energy product import terminals along the coast of northern Bohai Bay.A cold wave sweeping the northern hemisphere has plunged temperatures across China to their lowest in decades, boosting demand for power and fuel to historic highs in the world's largest energy consumer."The sea ice situation is more severe this year than the same period in previous years," said Wang Jun, a professor specializing in transport issues at Dalian Maritime University."I
Ukraine: Coronavirus Not Disrupting Grain Exports to China
Ukraine officials and traders do not expect the coronavirus epidemic to have an impact on the country's grain exports to China, although there are delays to transport and disruption to logistics throughout the country.China is a major importer of Ukrainian corn and sunflower oil."I see no reason to worry," said Mykola Gorbachev, the President of the Ukrainian Grain Association (UGA) traders' union."China is in the market, demand has not gone away, but just now American prices are quite competitive with ours so Chinese demand will be divided between us and them…
Loggers, Food Exporters Impacted From China's Virus
The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most populous nation and factory floor for most of the world's manufactured goods, China is normally the largest and most voracious consumer of a slew of global raw materials, fuels and foods.But the combination of an extended Lunar New Year holiday…
CNPC ships first larger-sized diesel cargo to Brazil
China National Petroleum Corp (CNPC) shipped a 60,000-tonne cargo of diesel in late May destined for Brazil, the Chinese major's first move of the refined fuel in a shipment of this size to the Americas, an inhouse newspaper reported on Monday.Chinaoil, CNPC's trading unit, has shipped nearly one million tonnes of diesel to Latin America since 2015, but mostly with medium-ranged tankers able to carry about 40,000 tonnes, the report said.The shipment to Brazil was loaded with production from Liaoyang Petrochemical Corp, a subsidiary refinery of CNPC, at Bayuquan port in Liaoning province in nor
Japan’s KHI Moves Merchant Ship Construction to China
Japan’s Kawasaki Heavy Industries (KHI) diverts more shipbuilding work to its joint-venture yards in China, local media says. According to a report in Nikkei, KHI will step up commercial shipbuilding in China and scale down production in Japan to improve cost competitiveness as the market rebounds from a yearslong slump. The Japanese firm plans a 50% capacity boost at a shipyard in Dalian, Liaoning Province, that builds mainly large ships, including tankers and bulk carriers. The facility is jointly operated with China Ocean Shipping (Group) Co., also known as Cosco.
China Plans Carrier Battle Groups To Defend Its Maritime Turf
Chinese navy official Rear Admiral Yin Zhuo confirmed that China plans to put aircraft carrier battle groups to sea, says a report in SCMP. The country will deploy them not only in the disputed East and South China seas, but also to protect the country’s overseas interests. Yin Zhuo said that the service intends to create aircraft carrier battle groups to “defend China's sovereignty on the islands and reefs, maritime rights and overseas interests,” an apparent reference to the nation's South China Sea claims.
China Merchants to Take 21.05% Stake in Dalian Port
China Merchants Holdings (International) Company Limited, has announced that it has signed a share subscription agreement with Dalian Port (PDA) Co., under which Dalian Port will issue 1.1bn new shares to China Merchants for HK$4.3bn ($554m). Upon completion of the transaction, China Merchants will hold a 21.05% equity stake of Dalian Port, becoming the second largest shareholder. China Merchants Holdings, which will become Dalian Port's second-largest shareholder after the purchase, said the deal allows it to strengthen its ports network within China and enhance its port-service network.
Dragon Flexes Naval Muscle With 2nd Aircraft Carrier
China has confirmed it is building a second aircraft carrier in a move that is likely to further inflame tensions with its regional rivals over the South China Sea. Beijing wants to exert its presence in the South China Sea, after complaining of “provocations” from the US, as well as defending its interests in the region. According to Defense Ministry spokesman Yang Yujun, construction of the conventionally powered carrier, with a displacement of 50,000 tons, is underway in the country's northeastern port city of Dalian.
China Conducts 8-day Naval Drills in Yellow Sea
China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper. The China's military newspaper reported that eight days of "military missions" had begun on Friday in the northern parts of the Yellow Sea and the Bohai Strait, adjacent to the Korean Peninsula. Until next Friday, China's maritime authorities have banned ships from sailing in the affected areas. The brief report did not give details, including the purpose of the drills or how many troops were mobilized.
China Aircraft Carrier Group Assembling Quietly
Escort ships for China's first aircraft carrier, the 'Liaoning', are quietly assembling at Qingdao Harbor & are expected to sail soon. Citing the Hong Kong-based Chinese-language newspaper 'Wen Wei Po' Focus Taiwan reports that the carrier battle group might comprise the Liaoning, four type 052C or 052D destroyers, two type 052B destroyers, two to four type 054A escort ships, one or two type 093 nuclear submarines and one supply ship. The report also said the Liaoning battle group's…
Chinese Aircraft Carrier Lands First Aircraft
China has successfully conducted a flight landing on its first aircraft carrier, the 'Liaoning'. The taking off and landing of the homegrown J-15 aircraft has sparked interest throughout the nation. The successful takeoff marked the carrier debut of the J-15. The J-15 is able to carry multi-type anti-ship, air-to-air and air-to-ground missiles, as well as precision-guided bombs. After its delivery to the PLA Navy on September 25th, the aircraft carrier has been undergoing a series of sailing and technical tests.
China to Deploy Marine Surveillance Drones
Drones, unmanned aerial vehicles (UAVs), are to be deployed along China's coastline to undertake remote-sensing marine surveillance. Local authorities said they could use the high-definition photos to discover illegal land reclamation and sand dredging as well as monitor marine environments along the coast and on islets. The project also includes the construction of 11 UAV bases run by provincial maritime authorities, according to Yu Qingsong, a division chief of the State Oceanic Administration.
Korea's DSME & China's Rilin Forge Strategic Agreement
Rilin Group & Daewoo Shiipbuilding & Marine Engineering (DSME) to develop Dandong, China, shipbuilding base. Under the agreement, the two groups will jointly invest in and develop the Dandong Shipbuilding Industry Co in order to establish a shipbuilding industrial base in Dandong incorporating the fields of shipbuilding & repair, steel parts manufacturing and offshore engineering equipment. Headquartered in Dandong, Liaoning province, Rilin Group is a large-scale private enterprise with a business scope including infrastructure construction, port operation and resource exploitation.
RINA celebrates ties with China
International certification, verification and ship classification company RINA is celebrating its ties with China on its 150th anniversary. It also took the opportunity to celebrate the ties between Italy and China on the 150th anniversary of Italian Unification. Formed in Genoa, Italy, in 1861 as a ship classification society, RINA is today a global multi-disciplinary and multi-cultural company with growing business in China and the surrounding region. Today in Shanghai RINA CEO Ugo Salerno and Vincenzo De Luca…
MOL Bulker Bright Century Sinks
Mitsui O.S.K. Lines, Ltd. reported that the MOL-owned bulker Bright Century collided with a freighter in foggy conditions while under way on the high seas approximately 23 miles east of the Shangdong Peninsula (37°38”N 123°07”E), China. It sank some 40 minutes later, on May 2, 2010, at around 5:30 a.m. local time (GMT+8 hours). The crew of 23 (all Indians) was rescued by another vessel steaming nearby. The vessel with which Bright Century collided was the Liberia-registered Sea Success. That vessel’s crew was rescued by helicopter and all are safe.