China’s Dalian Liaoning Shipyard has handed over two tuna longline fishing vessels in a series to local shipowner Sino-Ocean. Jinfeng 2 and Jinfeng 4 will be operated in the Atlantic Ocean. Specifically, they are designed for operation in the higher latitudes that are characterised by significantly...
China
COLUMN | Vroon, Vroon, Vroon: Britoil’s take-over marks closure, as Golden Energy flip shows ING’s folly [Offshore Accounts]
Finally, Singapore-headquartered Britoil announced last week that it had completed the purchase of most of the offshore fleet of Vroon, the Dutch ship-owner. Britoil bought 29 offshore support vessels, plus a small oil spill response vessel from Vroon. Golden Energy Offshore had announced in August that it was buying four large PX121 design platform supply […]
China Unveils Country’s 1st Methanol Bunkering Standards
China has recently unveiled what is believed to be the first set of standards for methanol bunkering in the country, reports Xinde Marine News.
At the Global Sustainable Transportation Summit Forum and the 15th International Transportation Technology and Equipment Exhibition, China Marine Bunker (PetroChina) Co.Ltd. (abbreviated as CHIMBUSCO), a core shipping service enterprise under COSCO Shipping Group, held a “Green Methanol Bunkering Capacity Building Conference“.
Marine...https://mfame.guru/china-unveils-countrys-1st-methanol-bunkering-standards/
150,000 Empty Containers Piled Up in Russia
By Gavin van Marle (The Loadstar) – The huge trade imbalance between China and Russia since the invasion of Ukraine has led to some 150,000 teu of empty boxes becoming stranded…
https://gcaptain.com/150000-empty-containers-piled-up-in-russia/
Philippines Urges Fishermen to Remain at South China Sea Shoal Held By China
By Neil Jerome Morales and Andrew Hayley MANILA/BEIJING, Sept 27 (Reuters) – The coastguard of the Philippines urged the country’s fishermen on Wednesday to keep operating at the disputed Scarborough Shoal and other sites…
https://gcaptain.com/philippines-urges-fishermen-to-remain-at-south-china-sea-shoal-held-by-china/
China Plus One strategy offers best of both worlds for manufacturers, retailers
The days of spotting the ubiquitous “Made in China” stamp on virtually every product in the typical American home may be numbered. Large manufacturers and retailers are moving at least some of their efforts away from the country in droves.
There are a myriad of factors pushing companies to diversify their geographic footprints away from China. The most impactful reasons include the ongoing U.S.-China trade war, increasing labor costs and fear surrounding a potential future manufacturing...
OPINION | Australia and India should cooperate in undersea search and rescue
India and Australia have an interest in addressing subsurface challenges in their shared maritime domain. As they and other countries in the region grow their submarine fleets, there’s a critical need to develop underwater search and rescue capabilities and considerable scope to work together. In...
Philippines Removes Chinese Barrier at Disputed Shoal in ‘Special Operation’
MANILA, Sept 25 (Reuters) – The Philippines said on Monday it executed a “special operation” to remove a floating barrier installed by China at a prime fishing patch in the South China…
https://gcaptain.com/philippines-removes-chinese-barrier-at-disputed-shoal-in-special-operation/
VESSEL REVIEW | Marin Mainiku – New inter-island ferry for Kiribati owner
China’s Zhoushan Ningxing Shipbuilding has handed over a new Ro-Pax ferry to Kiribati National Shipping Line (KNSL). Marin Mainiku has an LOA of 39 metres, a draught of 2.2 metres, a depth of 3.6 metres, a gross tonnage of 441, and capacity for 49 passengers, six vehicles, and six 20-foot...
COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]
One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]