Merger mania intensifies for Chinese yards Chinas top 10 yards will hold 70% of yard capacity within three years. The modus operand! ahead of big Chinese maritime mergers involving state entities in recent years has been to install opposing

Wison in Strategic Tie-up with Shanghai Electric for Medium Large Floating LNG Power Solution Shanghai, China (17th November 2017) - Wison Offshore Marine (Wison) today announced it has signed a Memorandum of Understanding (MOU) on strategi

Zhongtian Technology orders three offshore wind vessels at CMHI Chinese telecom and cable equipment manufacturer Zhongtian Technology has placed an order at China Merchants Heavy Industry (CMHI) for the construction of two wind turbine inst

China Expands its Influence at Djiboutis Ports On Monday, Chinese energy consortium POLY-GCL Petroleum Group signed an MoU to invest $4 billion in a natural gas pipeline, an LNG plant and a loading terminal at Damerjog, Djibouti. The prelim

Container Port Throughput Growth at Highest Level in Almost Seven Years In the clearest sign yet that the lingering effects of the 2009 global financial crisis on the shipping industry have come to an end, global container port throughput f

Klaipeda Container Terminal to work with Chinas Cosco Shipping Klaipedos Konteineriu Terminalas (Klaipeda Container Terminal), one of the biggest stevedoring companies in Klaipeda, has managed to attract one more shipping line, Chinas Cosco

Chinas ports required to rectify problems after antitrust probe Chinas large ports are required to rectify problems, such as overcharged loading and unloading services, restrictions of competition in the market of tug, tallying, and shippin

CSSC Idolphin: Worlds First Smart Ship The 38,800-metric ton bulk carrier (CSSC Idolphin), named Great Smart, started its trial in Guangzhou on October 31, 2017. Great Smart is an innovative product of the CSSC Green Dolphin fuel-efficient

Hainan MSAs New Measure Aiming Ship Pollution Recently, Hainan Maritime Safety Administration of the P.R.C (here in after referred to as Hainan MSA) issued Notice on Implementation Plan of Ship Pollution Control.

Chinese Very Large Container Ship seized in Egypt UPDATE Nov 12: According to yet unconfirmed report from Egypt, HK-flagged cargo ship was detained in Dekheila port, Alexandria, Egypt, shortly after arrival on Nov 12. The ship collided with

GTT to Design LNG Tanks for Dynagas New Ships Chinese shipyard Hudong-Zhonghua Shipbuilding has hired France-based Gaztransport et Technigaz (GTT) to design liquefied natural gas tanks for two floating storage and regasification units (FSRU

Chinas new manned submersible passes safety test Chinas new manned submersible has passed a state safety test and is preparing for commissioning. The manned submersible, named Shenhai Yongshi, or deep sea warrior, is able to reach a depth o

Chinas NDRC to Investigate Port Anti-monopoly Situation Efforts to reduce import and export logistics costs On 15 November 2017, Chinas National Development and Reform Commission (NDRC) held a press conference to release macroeconomic perfo

Attend ALMC in Hongkong on Nov. 23 Asian Logistics and Maritime Conference (ALMC) will be opened on November 23, 2017. It is Asias largest conference for logistics and maritime services users and providers. This years ALMC will spotlight th

By Simon Young CEO at COSCO UK This is what is happening with cruise in China CCYIA( China Cruise Yacht Industry Association), Jan - Sept 2017 Cruise holiday makers were 1.84 million +12% yoy; Cruise ships called to Chinese ports, 848 calls