Search results for: Port of Tianjin

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  • 6 October 2014

    Chinese Government has approved the expansion of the customs service and international trade in the port of Tianjin, The China Daily reports. The world’s fourth busiest port in terms of cargo throughput will increase its water area open to the world by 1,120 sq km, to cover 1,590 sq km. The plan for the expansion of the […]

  • 16 August 2015
    Business & Finance

    Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late Wednesday night, Xinhua news agency reports. 24 victims have been identified thus far, rescue coordinators said at a Sunday press […]

  • 16 August 2015
    Business & Finance

    Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late Wednesday night, Xinhua news agency reports. 24 victims have been identified thus far, rescue coordinators said at a Sunday press […]

  • 1 September 2015

    The death toll from the Tianjin port explosions has risen to 158 people, with 15 people still unaccounted for, the Associated Press reported citing local authorities. According to Tianjin’s government officials, the casualties were predominantly firefighters, a total of 94, who were rushed to the scene to contain the fires following the blasts, 11 policemen and 53 […]

  • 1 September 2015

    The death toll from the Tianjin port explosions has risen to 158 people, with 15 people still unaccounted for, the Associated Press reported citing local authorities. According to Tianjin’s government officials, the casualties were predominantly firefighters, a total of 94, who were rushed to the scene to contain the fires following the blasts, 11 policemen and 53 […]

  • 4 November 2015
    Business & Finance

    The president of the Tianjin Port Group, Zheng Qingyue, has been fired and is facing government prosecution for dereliction of duty, according to The People’s Daily newspaper. The announcement comes three months after major chemical blasts in a warehouse, operated by Ruihai International Logistics Co., located in the port district in the Binhai New Area of […]

  • 16 December 2016

    China’s Port of Tianjin has suspended dry bulk cargo operations until December 21, 2016, due to a red alert for high air pollution, Wilhelmsen Ships Service informs.  The county’s port authorities decided to stop all loading/discharging activities for bulk cargoes such as iron ore and coal. Heavy port congestion and berthing delays are expected for […]

  • 25 August 2015
    Business & Finance

    The total insured loss at Tianjin port, following the two blasts that ripped through the port on August 12th, has been estimated at CNY 5 – 10b (USD 833m – 1.67b), by China’s Central University of Finance and Economics and USD 1.0 – 1.5b by Credit Suisse. Tianjin, the port gateway to Beijing, is a major base for petrochemicals, […]

  • 15 September 2015
    Business & Finance

    The recent catastrophe at the port of Tianjin in China should be a “substantial wake-up call to all cargo insurers,” as large cargo losses are having a significant impact on the marine insurance sector, Nick Derrick, Chairman of the Cargo Committee at The International Union of Marine Insurance (IUMI), said during the union’s annual conference held in […]

  • 15 September 2015
    Business & Finance

    The recent catastrophe at the port of Tianjin in China should be a “substantial wake-up call to all cargo insurers,” as large cargo losses are having a significant impact on the marine insurance sector, Nick Derrick, Chairman of the Cargo Committee at The International Union of Marine Insurance (IUMI), said during the union’s annual conference held in […]

  • 25 August 2015
    Business & Finance

    The total insured loss at Tianjin port, following the two blasts that ripped through the port on August 12th, has been estimated at CNY 5 – 10b (USD 833m – 1.67b), by China’s Central University of Finance and Economics and USD 1.0 – 1.5b by Credit Suisse. Tianjin, the port gateway to Beijing, is a major base for petrochemicals, […]

  • 18 August 2015

    Most tanker operations in the Tianjin Port have stopped as a result of a notice to the port from Tianjin Municipal Transport Commission to cease handling tankers and container ships carrying hazardous substances, Inchape Shipping Services informed. In addition, container ships with hazardous goods on board are currently unable to berth and discharge. Tianjin Municipal […]

  • 18 August 2015

    Most tanker operations in the Tianjin Port have stopped as a result of a notice to the port from Tianjin Municipal Transport Commission to cease handling tankers and container ships carrying hazardous substances, Inchape Shipping Services informed. In addition, container ships with hazardous goods on board are currently unable to berth and discharge. Tianjin Municipal […]

  • 17 August 2015
    Business & Finance

    Container shipping major Mediterranean Shipping Company (MSC) said that all operations at its Tianjin Pacific International Container Terminal (TPCT), located 6 kilometers from the blast site near Tianjin port, have been resumed. “All MSC employees onshore are safe and there has been no impact on MSC crewmembers onboard our vessels. We do not foresee any […]

  • 17 August 2015
    Business & Finance

    Container shipping major Mediterranean Shipping Company (MSC) said that all operations at its Tianjin Pacific International Container Terminal (TPCT), located 6 kilometers from the blast site near Tianjin port, have been resumed. “All MSC employees onshore are safe and there has been no impact on MSC crewmembers onboard our vessels. We do not foresee any […]

  • 21 August 2015
    Business & Finance

    Four new fires have erupted at the Tianjin port blast site in China, according to Xinhua news agency. The fires have been reported within the 3-kilometer area that has been evacuated amid extremely high contamination level of cyanide, estimated to be around 356 times higher from the level safe for human health. Fire fighters have been […]

  • 4 September 2015
    Exploration & Production

    Low oil prices put a dent in South Korea’s exports numbers for August 2015, but the country still ended the month with a trade surplus. The country’s ministry of trade industry and energy on Tuesday said that in August, exports showed their biggest monthly decline this year due to the drop in oil prices, delays […]

  • 1 February 2012
    Business & Finance

    Wilhelmsen Ships Service (WSS) has announced the opening of a facility in Tianjin, China, taking the total number of WSS agency offices in the region to six, located in Shanghai, Beijing, Qingdao, Dalian, Ningbo and Tianjin. Mr Leo Hao, Manager of WSS Tianjin said; “There are currently 1500 calls per month in the port of […]

  • 21 August 2015
    Business & Finance

    Four new fires have erupted at the Tianjin port blast site in China, according to Xinhua news agency. The fires have been reported within the 3-kilometer area that has been evacuated amid extremely high contamination level of cyanide, estimated to be around 356 times higher from the level safe for human health. Fire fighters have been […]

  • 9 December 2016

    Shipowners have been urged to implement additional security measures due to an increase in thefts aboard vessels anchored outside of Northern China’s ports during the winter months. Protection and indemnity (P&I) club, The Standard Club, said that months of December, January and February are the high season for thieves to approach merchant ships anchored outside […]

  • 20 August 2015
    Business & Finance

    French liner giant CMA CGM informed that following the Tianjin blasts during the night on August 12th, all CMA CGM crew members and local employees are safe and accounted for. The company’s vessel berthing and departure operations are back to normal. “All terminals and off-dock depots in Tianjin are under operations today. But berth congestion, low […]

  • 2 November 2017
    Business & Finance

    French electric utility company ENGIE has renewed the regasification and storage services contract with Chinese energy group CNOOC for the coming winter season. The services will be provided by the FSRU GDF Suez Cape Ann in the Port of Tianjin. The FSRU arrived in Tianjin fully loaded with LNG and started operations on October 28. […]