Monjasa opens office in Shanghai Photo: Monjasa

PostTime:2022-03-18 12:37:08 View:327

Bunkering company Monjasa is expanding its Asia presence with new office in Shanghai, opening this month. Michele Labrut | Mar 17, 2022 Monjasa said the decision to set up a presence in China was propelled by an increasing number of Chinese customers and strong confidence in China’s continued positive developments as a maritime nation and shipping hub. The combination of high activity levels and influx of new Asian-based customers has seen marine fuels demand soar by 125% from 400,000 tonnes in 2019 to a total of 900,000 tonnes in 2020. Related: Monjasa opens new office in Athens Monjasa has two existing offices in Singapore and Vietnam, and has been in the market since 2008. “We are very ambitious about our new daily presence in Shanghai. We are here to match supply and demand locally and at the same time offer Monjasa’s maritime logistics in other key shipping destinations such as the Panama Canal and West Africa. We are experiencing Chinese shipping companies eager to move closer to their fuel suppliers and the entire supply chain,” said Monjasa Singapore General Manager Morten Ostergaard Jacobsen. “As a shipowner and marine fuels supplier, we believe that Monjasa meets these demands by taking ownership and being transparent about how our products are being sourced, shipped and supplied. With 12 sister offices and 25 vessels in our fleet, we are excited about supporting Chinese shipping worldwide from Shanghai,” he added. In Shanghai, Micchi Chen joins Monjasa as new Marketing Executive and will play an important role in securing a steady-developing Monjasa presence in China. She brings experience from the Chinese bunker industry coming from a similar position at World Fuel Services.    

DP World’s China headquarters to be based in Shanghai Lingang

PostTime:2022-03-18 12:35:57 View:318

DP World (Shanghai), the new China headquarters of DP World, has been registered with Shanghai Lingang new area. Katherine Si | Mar 18, 2022 The international shipping service promotion centre of Lingang new area has provided full registration services to DP World (Shanghai), which will support DP World (Shanghai) to explore port and logistics value-added services and better utilise domestic and international market resources.  Upon the establishment of DP World’s China headquarter, the company will accelerate branch offices’ establishment at Ningbo, Shenzhen, Guangzhou, Tianjin, Dalian, Xiamen and other major Chinese port cities, and enhance the interaction between Chinese and global logistics market. Related: DP World global volumes up 9.4% in 2021 DP World has facilities in Hong Kong, Qingdao, Yantai and some port cities in China, which is expecting to optimise its mainland China and Asia-Pacific regional logistics service via the establishment of China headquarters.

Dalian sets up international shipping research centre

PostTime:2022-03-16 17:29:13 View:303

The northern Chinese port city of Dalian has launched Northeast Asia International Shipping Center Research Institute at Dalian Maritime University. Katherine Si | Mar 16, 2022 The institute, aims to promote high-quality development of Dalian shipping, port and logistics industries, will build a shipping and logistics hub for northeast Asia and the other regions globally.  "Dalian municipal government and Dalian Maritime University have signed cooperation agreement to jointly develop Northeast Asia International Shipping Center Research Institute, we will take scientific research advantages of Dalian Maritime University, attracting more industrial resources to develop a leading research institute and high-end think tanks," said Li Haiyang, deputy major of Dalian. Related: Singapore MPA and Dalian Maritime University in talent and academic exchange The research institute will set up several units for international shipping, port development, shipping policy, shipping finance, shipping information research Institute, and big data lab for shipping and port sector, focusing on multi-model transportation, ocean environment, shipping hub and free trade zone cooperation, dry & bulk cargo and container shipping index. 

Dalian Port launches new route to the land down under

PostTime:2022-03-09 09:14:18 View:302

CHINA's Dalian Port has inaugurated a direct route to Sydney, Melbourne, Brisbane, and other key Australian ports. Dalian port in the Liaoning Province of China opened the route to major Australian cities on March 2, 2022, reports London's Port Technology. In January 2022, a total 340,000 TEU passed through Dalian Port, a year-on-year increase of 36 per cent. China's overall container throughput for the month surpassed 24.2 million TEU. According to the Liaoning Port Group - Dalian's operating company - it previously took around 35 to 45 days to travel from Dalian to Sydney. With the introduction of the new route, this will be cut to about 20 days. Australian goods used to be transshipped to Dalian through the Republic of Korea, but now, imported goods can reach the Chinese market directly at a low cost and high efficiency. Port Technology International (PTI) recently counted down the biggest and best ports in Australia in our 'Top 5 Ports in Australia 2021' list. Despite summer lockdowns due to the Delta variant of Covid-19, ports across the country remained open and still managed to have a successful year.  

China ports container volumes rise 1.6pc in January to 24m TEU

PostTime:2022-03-09 09:12:32 View:251

A TOTAL of 24.2 million TEU passed through China's ports in January, a year-on-year increase of 1.6 per cent, according to London's Port Technology International (PTI). According to the latest data from the Ministry of Transport of the People's Republic of China, the Port of Shanghai performed the best, handling 4.35 million TEU in January 2022, up 7.7 per cent compared to the same period in 2021. Shanghai was also crowned China's top port in PTI's 'Top 10 Ports in China 2021' list after it handled a whopping 38.99 million TEU in the first ten months of 2021. The second highest container throughput was the Port of Ningbo-Zhoushan, processing 2.97 million TEU, up 2.8 per cent compared to the same period last year. Dalian Port performed the lowest in the first month of 2022, processing only 340,000 TEU. Yet this does demonstrate an increase of 36 per cent compared to its January 2021 figures, the biggest rise in the whole table. The Ports of Shenzhen, Guangzhou and Yinkou all saw their container throughputs decline last month. Yinkou saw the largest reduction, with volumes falling 13.3 per cent to just 390,000 TEU. The country also kicked off 2022 by handling 1,301.1 million tonnes of cargo, a year-on-year increase of 0.6 per cent.

CULines orders two new 7,000 TEUers for long-haul services

PostTime:2022-03-03 08:45:40 View:350

SHANGHAI-HEADQUARTERED China United Lines (CULines) is venturing towards larger ships, ordering a pair of 7,000 TEU vessels from Shanghai Waigaoqiao Shipbuilding (SWS). CULines co-CEO Raymond Chen and SWS chairman Wang Qi attended a ship construction contract signing ceremony, with delivery expected in H224. The newbuilding price was not disclosed although VesselsValue estimates the current price of a similar ship at around US$78 million, reports UK's The Loadstar. Majority controlled by the Chinese state, CULines started out as an NVOCC before launching intra-Asia liner services with chartered ships, and last year joined several other players venturing into long-haul routes amid the firming freight market. The company's decision to order 7,000 TEU ships indicates its commitment to long-haul routes, and comes just days after commissioning a pair of 2,700 TEU ships at CSSC Huangpu Wenchong Shipbuilding. Mr Chen said that by ordering more newbuildings, CULines was "helping stabilise the national supply chain amid unprecedented tightness in shipping capacity, and contributing to the development of Shanghai into an international shipping centre and free trade zone". He added: "We're also responding to the ministry of transport's recommendations on building smart and environmentally friendly ships, and for shipping companies and shipbuilders to establish mutually beneficial and win-win relationships." The latest order brings CULines' orderbook to 10, including four 1,900 TEU ships at Wenchong and two 2,400 TEU vessels at Yangzijiang. On January 31, the company applied to be listed on the Hong Kong Stock Exchange, but gave no timeframe. CULines' orders stretches SWS's success in clinching orders for 7.000 TEU vessels. Mr Wang said SWS has now 30 orders, for clients such as X-Press Feeders, TS Lines and Seaspan.

CU Lines orders 7,000 teu boxship pair at Waigaoqiao Shipbuilding

PostTime:2022-03-01 08:57:22 View:321

China United Lines (CU Lines) has placed an order at CSSC Shanghai Waigaoqiao Shipbuilding (SWS) for two 7,000 teu containerships. Katherine Si | Feb 28, 2022 Designed by SDARI, the boxship pair is in 272.5 metres length and 42.8 metres width, meeting the requirements of EEDI III and Tier III. Equipped with AMP system and scrubber, the two vessels are efficient and environment-friendly.  It is the first time CU Lines has ordered from Waigaoqiao Shipbuilding. With the signing of the two 7,000 teu containerships, Waigaoqiao has maintained its position as the world’s largest intermediate container shipbuilder, said Waigaoqiao. Related: CU Lines orders boxship pair from Huangpu Wenchong With the addition of the two 7,000 teu containerships, the order on hand of the same type of vessel for Waigaoqiao is reaching 30. Earlier in February, CU Lines ordered two 2,700 teu containerships at CSSC’s Huangpu Wenchong Shipyard.

Shenzhen aims for 33m teu container volume by 2025

PostTime:2022-03-01 08:48:19 View:252

The southern Chinese port of Shenzhen is targeting 33m teu container throughput by 2025. Katherine Si | Mar 01, 2022 Shenzhen will prioritize the container transportation service development at the port areas of Yantian, Nanshan and Dachan Bay, promote container terminal facility expansion including the projects at east port area of Yantian port, the second phase container terminal pre-project of Dachan Bay and the shipping channel project at west port area of Shenzhen. It will also strengthen LNG services ability at its port area, aiming to have 16m tons LNG receiving capacity by the year of 2025.  Related: Yantian port targets 16m teu container volume by 2025 Shenzhen is going to integrate its LNG transportation resources and form local LNG carrier fleet to meet the demands from both international and domestic LNG transportation, as well as the LNG bunkering market. Related: Yantian port targets 16m teu container volume by 2025 Last year, Shenzhen posted a container volume 28.77m teu, an increase of 8.36% year-on-year, setting a new record.

Major Chinese ports container volume falls 10.6% in early Feb

PostTime:2022-02-24 08:26:39 View:253

 Container volume at eight major Chinese ports declined 10.6% year-on-year in early February coinciding with the lunar new year holidays. Katherine Si | Feb 23, 2022 Export container volume declined 8.3% while the domestic volume dropped 20.2 % due to many factories were closed for the Chinese New Year in early February. Cargo throughput at major coastal hub ports declined 7.5% year-on-year while international trade cargo throughput dropped 7.6%. Related: Major Chinese ports container volume up 1.2% in late January Crude oil shipments at major coastal ports declined 11.6% year-on-year while the port inventory increased 2.3%. Metal ore shipments at major Chinese ports increased 0.8% year-on-year, among which the port of Rizhao posted over 20% growth rate.  The Chinese New Year brought about further decrease of cargo volume at three major Yangtze river ports. Nanjing, Wuhan and Chongqing’s cargo throughput for early Feb declined 26% while the container volume dropped 32.2%.

Modern Terminals upgrades with Navis N4 handling system

PostTime:2022-02-24 08:23:19 View:349

 MODERN Terminals Limited (MTL) has completed its upgrade of Navis' N4 Terminal Operating System (TOS) in Hong Kong and DaChan Bay, reports the American Journal or Transportation. One of the largest terminal operators in the region, MTL selected Navis N4 to optimise terminal operations to provide high-quality services to customers. MTL has been a pioneer in the container terminal industry in Hong Kong and mainland China since it opened Hong Kong's first purpose-built container-handling facility in 1972. MTL and Navis worked together to bring the terminal online with a modern system to support its operations. "Our TOS is one of the keys to delivering high levels of productivity and efficiency in our operations," said MTL chief innovation officer Michael Yip. "With the updated system in place, we are well-positioned to not only meet the needs of our shipping line customers today but also support our future plans to bring in more digital initiatives to our terminals in Hong Kong and Da Chan Bay." Said Navis vice president David Houser: "During a high stakes environment for the global supply chain industry, we are thrilled to work together with the MTL team to further advance its terminal operations and reach its business goals with the latest version of N4." "With our intelligent TOS connecting the dots throughout the terminal, MTL has all the data it needs at its fingertips to make real-time business decisions; building its reputation as a reliable gateway to keep cargo flowing smoothly in the region."

Yard congestion has Shenzhen slowing export boxes

PostTime:2022-01-25 10:16:38 View:255

SHIPPERS moving goods through Chinese ports are facing additional disruption and delays days before factories to close for nearly two weeks for Chinese New Year February 1, reports IHS Media. Shenzhen's Yantian International Container Terminal (YICT) began restricting the entry of laden export containers to four days before a vessel's time of berthing because of yard congestion. Yantian International Container Terminal (YICT) handles 25 per cent of transpacific exports from China; half of its total volume - 28.8 million TEU - is US-bound. In an advisory, Hong Kong's Hutchison Ports, which operates YICT blamed the lack of space in its yard to vessel delays caused by US and European port congestion. Yantian has also seen a 30 per cent spike in cargo volumes in January compared with December, according to forwarders. "Under such circumstances, there are many laden boxes stuck inside the terminal and the yard density is close to full," YICT said. Although limiting gate-in entry, YICT said it would maintain its daily entry quota of 12,000 laden containers. Due to yard congestion at Shekou Container Terminal, the second-busiest of Shenzhen's three main container terminals, laden containers are only being accepted within three days of a vessel's actual arrival.    

Docking at Yantian terminals delayed a week, Covid blamed

PostTime:2022-01-24 10:44:48 View:250

CARGO has been backing up at Shenzhen's Yantian terminals for as long as a week as congestion builds in China-US trade, reports Bloomberg. Manufacturers in southern China are currently making a last push to ship out goods before the Chinese New Year which starts February 1, with the People's Daily reporting that trucked volumes into Shenzhen's Yantian terminals were about 30 per cent above December levels. Those goods are stacking up as ships coming to pick them up have in turn been delayed by congestion in the US and Europe. Ships arriving to the Yantian terminal were delayed by seven day and the number of ships arriving from Europe and the US has fallen more than 40 per cent in the last two weeks, said a terminal advisory. That comes on top of the problems Shenzhen port was already facing, with a Covid outbreak earlier this month leading to lockdowns of districts, testing of workers and trucking delays at the Yantian and Shekou container terminals. The congestion has prompted the Yantian terminal to say it will start restricting the acceptance of containers. To stop operations getting worse, from Friday full containers can only be trucked in four days before vessels are due to berth, the operator said. Last week was the peak period to ship goods in and out of China as workers will start to head home for the holiday, according to digital freight forwarder Zencargo. That's followed by a lull in activity before shipping demand picks up in mid-February.