Australia has a new shipping line. Great Southern Shipping Australia (GSS) and China’s Rizhao Port Group are joining forces and will buy five containerships, to be flagged with the Australian International Shipping Register (AISR), to focus on Australia’s coastal trades and voyages to Rizhao in northern China’s Shandong province. The joint venture has plans to grow the fleet to 10 ships and to move the weekly service to twice a week as business picks up.
The ceo of Great Southern Shipping, Paull Van Oost, commented today: “Today celebrates the bringing together of two great nations, in China and Australia, in cooperation in trade and shipping, marking a very significant milestone for Australia’s maritime industry.
“Today is a day that we – both Chinese and Australians alike – should be very proud of. We have demonstrated what can be done by collaboration, through understanding each other’s needs and by cooperating to ensure a win-win outcome for China, Australia, Australian importers, exporters and coastal traders.” splash247.com/aus...
China to introduce tough emissions controls for ships
(Reuters) - China will introduce tough controls on ship emissions at three key port areas from January to reduce sulfur dioxide which results in acid rain, causing respiratory difficulties and sometimes premature death, said the Ministry of Transport.
If strictly implemented the move would force oil suppliers to increase the supply of cleaner marine fuel, industry experts said. The ministry gave no details on how the new emissions rules would be enforced or penalties for non-compliance.
The new rules will apply to merchant ships navigating or anchoring in the waters of Pearl River Delta, Yangtze River Delta and the Bohai Bay rim, with a goal to cut sulfur dioxide by 65 percent by 2020 from the 2015 level, according to a document issued by the Ministry of Transport. More at news.yahoo.com/ch...
Rizhao-based Shandong Huhai Shipbuilding has been announced bankrupt by Rizhao Intermediate People’s Court, and will now be liquidated at the request of its creditor Shandong Jintou Energy. Huhai Shipbuilding was established in 2007 by Shandong Haiyue Import & Export Company, Tianjin Wanbao International Trade Company, Rizhao Shipyard and Singapore’s Raffles Shipping International.
Rizhao port invests in iron ore jv located at Lanshan
Northeast Chinese port operator, Rizhao port, announced that the company is to set up a jv with Shandong Iron & Steel and Shandong State-owned Assets Investment Holdings to develop iron ore terminal projects at Rizhao port. The project will engage in the construction, operation, management of iron ore terminal and logistics business of bulk cargos with a total investment of RMB100m. The new jv will be located at Lanshan port area of Rizhao port, and will add around 20m tons iron ore handling capacity per year when completed, Rizhao port said in a statement. Source: Sino Ship News
Rizhao port in Shandong province is investing RMB3.92bn in total to develop ten more terminals including a crude oil terminal, a coal terminal and a 300,000dwt iron ore terminal in 2013. Rizhao port completed cargo throughput of 284m tons and ranked10th in Chinese ports in 2012. It aims to increase the cargo throughput to 310m tons this year. [01/07/13]
Rizhao Port cargo throughput may reach 200m tonnes in 2011
Chinese Rizhao Port is set to crack through the 200m tonne throughput mark this year. In the first three quarters the Shandong province port saw 153m tonnes pass through its docks, Seatrade Asia online reports. Rizhao has been one of China’s fastest growers thanks to large volumes of iron ore. Five years ago its annual throughput stood at under 60m tonnes.
“Recently Shandong Peninsular Blue Economic Zone has been put into the central government’s latest strategic development plan, as the progressing of more industrial projects in Rizhao including a steel production base, Rizhao-Yizheng oil pipeline, Rizhao-Dongming oil pipeline and Shanxi-Rizhao coal railway, Rizhao Port is facing big time opportunities,” said the port’s president, Du Chuanzhi.