China Merchants Group

Deltamarin awarded design contract for new Airbus ships

Airbus ship profile view

Turku, Finland, headquartered Deltamarin has been selected to design the three wind assisted RO/RO vessels that France’s Louis Dreyfus Armateurs (LDA) will operate under a charter from Airbus. The aircraft manufacturer is looking to cut the carbon emissions of its fleet of vessels used to transport aircraft subassemblies between Saint-Nazaire, France, and its single-aisle aircraft final assembly line in Mobile, Ala., and the new Airbus ships promise big carbon savings.

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https://www.marinelog.com/news/deltamarin-awarded-design-contract-for-new-airbus-ships/

PSA seeks bidders for its CK Hutchison stake; China giants among potential buyers

Chinese state-owned giants, China Cosco Shipping Corp. and China Merchants Group, seem to be interested in acquiring PSA International Pte’s minority stake in Hong Kong’s CK Hutchison Holdings Ltd.

According to a Bloomberg report, PSA is seeking approximately US$4 billion for its 20% share of CK Hutchison’s ports assets, while the company is reported to have already begun early discussions with potential investors.

COSCO and China Merchants have not confirmed the reports at the time of writing.

The...

https://container-news.com/psa-seeks-bidders-for-its-ck-hutchison-stake-china-giants-among-potential-buyers/

COSCO announces automation upgrades at Tianjin container terminal

A celebration ceremony was held in Tianjin, China for automation upgrades at the world’s first traditional container terminal.

The full completion of the automation upgrades is the result of cooperation between COSCO, Tianjin Port Group and China Merchants Group.

It should be noted that the full completion of the project marks the large-scale implementation of the “Tianjin Solution” to upgrade automation operations of the Port of Tianjin, the largest container terminal in the...

https://container-news.com/cosco-announces-automation-upgrades-at-tianjin-container-terminal/

COLUMN | Offshore wind update: Ziton refinances, Esvagt pays big, Acta announces newbuilds, Edda delivers, Norwind and IWS exercise options [Offshore Accounts]

This month Europe has sweltered under a heat wave, with temperatures crossing forty degrees Celsius in many parts of Spain. So too, the heat has returned to the offshore ..

The post COLUMN | Offshore wind update: Ziton refinances, Esvagt pays big, Acta announces newbuilds, Edda delivers, Norwind and...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-offshore-wind-update-ziton-refinances-esvagt-pays-big-acta-announces-newbuilds-edda-delivers-norwind-and-iws-exercise-options-offshore-accounts/

VESSEL REVIEW – Changjiang San Hao – New luxury cruise ship built for Yangtze River features intelligent technology

The China Merchants Group subsidiary China Merchants Cruise Manufacturing Company has handed over a new luxury river cruise ship to local company Chongqing Changjiang Shi ..

The post VESSEL REVIEW – Changjiang San Hao – New luxury cruise ship built for Yangtze River features intelligent technology...

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/cruise/vessel-review-changjiang-san-hao-new-luxury-cruise-ship-built-for-yangtze-river-features-intelligent-technology/

Chinese partners launch new China – Laos rail service

The Chinese companies Sinotrans, Shenzhen International and the unified operation platform China Merchants Group’s logistics business, have jointly launched the ‘Bay Area’ China-Laos Railway train, connecting the Chinese Port of Shenzhen with the capital of Laos, Vientiane.

This is the first international train leaving from Shenzhen to reach Laos, and one of the first batches of international trains to Laos in China, according to a statement.

It travels along the newly opened China-Laos Railway...

https://container-news.com/chinese-partners-launch-new-china-laos-rail-service/

Chinese domestic carrier Antong back in business and buying containers

Chinese domestic container shipping and logistics group Antong Holdings is resuming capital investments after emerging from state-led restructuring last year.
The group said in a Shanghai Stock Exchange filing yesterday its subsidiary, Quanzhou Antong Logistics, is buying 3,055 second-hand containers from Tianjin Dongjiang Eaton Leasing, a subsidiary of Aviation Industry Corp of China (AVIC), to meet rising demand amid the unprecedented spike in freight rates.
The acquisitions includes 1,883...

https://theloadstar.com/chinese-domestic-carrier-antong-back-in-business-and-buying-containers/

Beijing hopes to secure its supply chains with creation of state-owned logistics group

State-owned China Logistics Group was launched yesterday by merging China Railway Material Group and four units of China Chengtong Holdings Group.
They are China Material Storage and Transport Co, CTS International Logistics Corp, China Logistics Co and China Packaging Corp.
And China Eastern Airlines, Cosco Shipping and China Merchants Group are onboard as strategic investors in the new China Logistics Group, holding stakes of 10%, 7.3% and 4.9%, respectively.
The state-owned Assets...

https://theloadstar.com/beijing-hopes-to-secure-its-supply-chains-with-creation-of-state-owned-logistics-group/

VESSEL REVIEW | DeepBlue Explorer – CNOOC’s newest drilling rig features intelligent operations management systems

China National Offshore Oil Corporation (CNOOC) has begun operation of a new semi-submersible drilling platform optimised for deepwater oil and gas exploration work. The ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-extraction-and-processing/offshore-drilling/vessel-review-deepblue-explorer-cnoocs-newest-drilling-rig-features-intelligent-operations-management-systems/

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