Search results for: chinese

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A list of search results

  • 19 March 2013

    The containership Guangyangxingang sank off the Chinese coast on Monday, due to bad weather and strong winds, leaving 11 crew members dead and two missing, according to Shangdong province authorities. One of the crew members has been rescued by a helicopter. The search for the remaining two sailors continues. The ship, traveling from the northern […]

  • 15 October 2007

    LR-Fairplay’s Daily Newbuilding News reports that Nantong Gangzha shipyard in China has been awarded a contract for two 3,500m3 dredgers from Shanghai Port Bureau.

  • 23 October 2018
    Business & Finance, Equipment

    Chinese oil company CNOOC has ordered NOK 1.7 billion worth of subsea systems from Norway’s Aker Solutions for deployment at a gas field in the South China Sea.

  • 14 June 2013

    More and more vessels are being built abroad, not only to save on labour costs, but also on costs of building materials. Clearly a production run of similar vessels offers economies, but the Netherlands is especially known for its complex and often custom-build vessels with a high focus on quality, which is more difficult to […]

  • 3 May 2019

    Nortek has released a new unmanned surface vehicle (USV) designed for the Chinese market to offer an open and low-cost platform to measure water current and direction. Nortek China has integrated Doppler instrumentation on the vehicle to help better meet user requirements for ocean surveying. The new USV has an IPC (Industrial Personal Computer) as […]

  • 6 May 2014
    Business & Finance

    An oil slick was spotted at the scene of a sunken cargo ship Zhong Xing 2, which went down yesterday morning after being hit by the MOL-operated containership MOL MOTIVATOR, southeast of Hong Kong, according to the Hong Kong Government Flying Service. One crew member of  Zhong Xing 2 was rescued by a nearby fishing […]

  • 5 February 2016
    Business & Finance

    Belgian Antwerp Port Authority has signed a partnership agreement with the Industrial and Commercial Bank of China (ICBC) following the bank’s decision to expand its presence in Belgium. With this agreement the Port Authority and ICBC plan to seek new opportunities that match the One Belt One Road strategic plan launched by China in autumn 2013, through […]

  • 18 February 2014

    Anadarko Petroleum Corporation today announced it has entered into a stock purchase agreement with a wholly owned subsidiary of Brightoil Petroleum (Holdings) Limited, whereby Anadarko will divest its Chinese subsidiary for $1.075 billion. “This transaction accelerates the recognition of value from a non-operated legacy asset and continues to demonstrate our commitment to active portfolio management,” […]

  • 20 June 2012
    Business & Finance

    Canada Steamship Lines (“CSL”), a division of the CSL Group, announced today a firm order for two new gearless bulk vessels, bringing to six the number of “Trillium Class” ships to be built as part of its major fleet expansion program for the Great Lakes market. The two new vessels will be built at the […]

  • 2 December 2013
    Business & Finance

    Vroon, a Dutch-based owner of a large fleet of offshore-support vessels, has during a “Sino-Dutch dinner” held in Beijing on 15 November, signed an intention agreement with the ABN AMRO Bank and the Export-Import Bank of China (CEXIM), for the financing of some vessels currently under construction in China for Vroon.   The trade dinner was […]

  • 1 June 2012
    Authorities & Government, Business & Finance

    Delays in the first offshore concession projectsin China are most likely to cause postponing of the second bidding round, which was supposed to begin in the first half of this year. The China Daily news portal writes that the second group of concession projects involves building of up to 2 GW of offshore wind energy […]

  • 29 March 2013

    It seems that another shipbuilding contract is to be signed between a Chinese shipowner and a Taiwanese shipbuilder. Namely, China’s SITC International Holdings is set to order eight 1,800 teu container vessels worth USD 192 million in total from Taiwan’s state shipbuilder CSBC Corp, Asian news portals report. The official contract signing will be held […]

  • 29 March 2012
    Business & Finance

    Diana Shipping Inc., shipping company, today announced that it has signed, two shipbuilding contracts with China Shipbuilding Trading Company, Limited and Jiangnan Shipyard (Group) Co., Ltd. for the construction of two Ice Class Panamax dry bulk carriers. The vessels of approximately 76,000 dwt each were ordered for a contract price of US$29 million per vessel. The […]

  • 21 July 2011

    A manned Chinese submersible conducted its first dive to beyond 4,000m on Thursday, the government said, in the latest milestone… (ninemsn) [mappress] Source: ninemsn, July 21, 2011;

  • 1 June 2012
    Authorities & Government, Business & Finance

    Delays in the first offshore concession projectsin China are most likely to cause postponing of the second bidding round, which was supposed to begin in the first half of this year. The China Daily news portal writes that the second group of concession projects involves building of up to 2 GW of offshore wind energy […]

  • 30 November 2012

    A new shipbuilding contract was signed recently by Greek shipping company Ariston Navigation, part of the family-owned Xylas Group and Chinese state-owned shipbuilding enterprise CSC Jinling Shipyard, according to Shipping Herald maritime portal. The word is that CSC Jinling Shipyardhas secured order for seven Handysizes Seastallion design dry bulk carriers with an option for three […]

  • 17 May 2012
    Business & Finance

    On May 7th 2012, a 69.9m AHTS vessel FOSTER TIDE (Hull YX3136) built by Yuexin Ocean Engineering Co. for Tidewater Marine has been delivered successfully. FOSTER TIDE is the third 69.9m AHTS that Yuexin has delivered to Tidewater. Applying the design of FOCAL MARINE & OFFSHORE CORP LTD, YX3136 measures 69.9m in length with a […]

  • 2 June 2011
    Business & Finance

      Henk van Herwijnen of Damen is one of the speakers during the seminar Negotiating with Chinese that the Clingendael Institute organizes on 9… Instituut Clingendael [mappress] Source: InstituutClingendael, June 2, 2011.  

  • 18 November 2007

    As part of its ongoing venture of building superyachts in China the Megyacht Group LLC (MYG) has set up Wuhan Megayacht Manufacturing Ltd. This project is understood to have a 15 year time span and will involve an investment of RMB3 billion (US$404 million) to create some 2,000 jobs building yachts of 18m to 68m […]

  • 9 September 2014
    Business & Finance

    The latest data by the China Association of National Shipbuilding Industry (CANSI) reveals that Chinese shipbuilding companies received more orders but recorded declining profits in the first seven months of 2014, China Daily reports. The CANSI described the shipbuilding market outlook as ”not optimistic” on the account of overcapacity and fiercer competition leading to fewer ship transactions and […]

  • 26 September 2012
    Business & Finance

    Built at Tsuneishi (Zhoushan) Shipbuilding Inc., China, the vessel is a sister of the recently delivered Isabelita, Bonita and Kristinita of the TESS 58 design. Star Norita is 100% owned by Ugland Shipping AS. Ugland’s Purchaser Margrethe Nes Beisland, Managing Director Øystein Beisland’s wife, was given the honourable task of naming the vessel. Star Norita […]

  • 12 August 2013

    COSCO Shipping Co. has sent its multi-purpose vessel Yong Sheng on the first ever commercial transit of the Northeast Passage for a Chinese vessel. The company organized a sail-away ceremony at Dalian port in Northeast China’s Liaoning province on Thursday, August 8th. The Northeast Passage – a sea lane measuring about 2,936 sea miles, includes: […]