Despite the general depression of domestic port industry, a north China port, Tangshan port, has achieved over 30% growth in profits for five consecutive years. The port will accelerate its capacity expansion and invest RMB5.5bn to build five coal berths.
The port company will start the construction of the five coal berths this year, and intends to complete the project through a combination of debt and equity financing.
The new coal berths project is designed to add an additional 56m tons annual handling capacity. [SinoShipNews 02/04/13]
The local Wenzhou government has announced on its website on April 2, 2013 that the feasibility report of a Wenzhou LNG project has recently been approved by National Energy Administration (NEA) and the national Development and Reform Commission. The construction of the project is expected to be officially started early next year.
The project is located on Xiaomen Island near Wenzhou, and includes LNG terminals, reception stations and transport pipelines. Phase one of the project will see four LNG storage facilities with a total capacity of 3m tons. Total investment on the project will be RMB11.6bn.
“The development of the project will help Zhejiang province to optimize its energy structure and promote the development of the marine economy in the province,” said an official from Wenzhou Port.
Humen port at Dongguan doubles container throughput
The fast growing south China port, Humen port, which started operations three years ago, achieved 100% growth in container throughput for the first two months of this year.
During the first two months, the port completed 162,000 teu in throughput, with an increase of 100%, including 150,000 teu of foreign trade, a figure which increased by 147% year-on-year.
2013 will be a “big year” for Humen port, a local official said, lots of projects including container deepwater berths, terminals and warehouses have been put into operation or started construction, the port aims at 1.6m teu container throughput in 2013.
Last year, Humen port completed 1m teu container volume, soaring 526% year-on-year. [03/04/13]
The port worker strike at Hong Kong International Terminals (HIT) on April 3, 2013 has entered the sixth day.
HIT was granted a temporary injunction to ban the strikers from entering the terminal, however, the strikers has chosen to continue the protest outside the terminal gate. The worker’s union has provided tents to the workers and also offered each worker a HK$1000 subsidy from the HK$650,000 “strike fund” it has raised. Currently the strike has forced many vessels to reroute cargo to neighboring ports causing huge losses for HIT, HK$5m a day according to HIT md, Gerry Yim Lui-fai. Hong Kong Shippers’ Council has advised cargo operators to divert cargo to Shenzhen or Guangzhou while the strike continues. Source SinoShipNews
Danish and Turkish prime ministers lend support to Petkim Container Port (Aliaga)
One of the important steps taken within Value Site-2023 strategic development programme of Petkim Peninsula by SOCAR Turkey - Petkim Container Port project received support by the prime ministers of Turkey and Denmark Recep Tayyip Erdogan and Helle Thorning-Schmidt, SOCAR says in its press release. Attending the official event dedicated to the signing ceremony held in Copenhagen, the prime ministers appreciated the project as turning point in the economic relations between Turkey and Denmark. According to the head of SOCAR Turkey Energy and board member of Petkim, Kenan Yavuz, as the main part of cooperation among Turkey, Azerbaijan, Denmark, and Holland, the agreement will play an important role in the development of foreign trade of Turkey. Aliaga and Nemrut designed to become the most modern logistics centers under the agreement.
The construction of Poland's LNG terminal in Świnoujście may be at risk, as both members of the consortium responsible for its construction are experiencing problems, reported Dziennik Gazeta Prawna. The Polish member, PBG, is in bankruptcy proceedings. The company had a loss of zł.3.7 billion in 2012 and saw its revenue fall by 50 percent that year. Italian firm Saipem, which is the leader of the consortium, may in turn be sold by its main shareholder ENI after its shares lost in value as a result of a corruption scandal. The timing of the opening of the terminal is crucial for gas distributor PGNiG. The company has signed a contract with Qatargas to buy 1.5 billion of cubic meters of liquified gas per year. The first delivery was supposed to arrive at the Świnoujście terminal in H2 of 2014. Source: Warsaw Business Journal
'Rena' Owners Prefer to Leave Wreck on Astrolabe Reef
No decision had been made on leaving Rena on the reef, but draft assessments have been distributed for stakeholder and regional council review. Meanwhile the Maritime New Zealand order for full wreck removal remains in place, reports the Bay of Plenty Times. About one to two tonnes of oil is believed to be on board Rena's sunken stern, clinging to containers, pipes, cargo, plus hydraulic oil. There were about 1646 tonnes of heavy fuel oil on Rena when it grounded. Salvors using the Awanuia bunker barge removed about 1425 tonnes and about 230 tonnes were lost to sea or collected from beaches. This did not include the 21 tonnes of diesel oil on the ship at the time. Of this, 17 tonnes were removed and 4 tonnes were lost at sea.
Mr Casey indicated that full wreck removal was still possible, but it would not return the reef to its pre-Rena state.
$100m heroin haul: Australian Navy intercepts ship off Zanzibar
The Australian Navy has made one of its biggest drug seizures at sea, intercepting a ship allegedly carrying half a tonne of heroin worth an estimated $100 million.
The Australian-led combined task force seized the alleged heroin haul at an undisclosed location in the Indian Ocean, off the coast of Zanzibar Island, Tanzania, last Friday. It is believed the ship was carrying the drugs to Europe.
The ship, which was flying an unidentifiable flag, was tracked overnight before heavily armed defence personnel boarded it and allegedly found 500 bags of the drug.
Read more: www.canberratimes...
Chongqing starts the first LNG filling station on the Yangtze
Chongqing Fujiang Energy Technology Company (Fujiang Engergy), a subsidiary of Fortune Oil, is going to start the operation of the first LNG filling station on the Yangtze River in August this year. The LNG filling station has a storage volume of 2,000 cu m and is capable of filling 20 vessels every day. Fujiang Energy converted its first LNG/diesel duel fuel vessel last year and this year and the company plans to expand its business of LNG vessel conversion and LNG filling. Luo Cihua, general manager of Fujiang Energy said that the company will initially convert LNG vessels for large shipping companies for free, and share the percentage of the energy cost saved by the shipping companies to ease the financial burden on them.
Luo revealed that the company has another four to five LNG filling stations in the planning near Wuhan, Nanjing and Shanghai. [SinoShipNews 01/04/13]
One person was killed and 100 other were rescued after an express vessel capsized in Tontay township, Myanmar's Yangon Region Sunday night (March 31, 2013), Port sources said on Monday.
The private-run Patheinthu Express passenger vessel, which was heading for Kyieklat from Yangon, collided with a ship loaded with rice at 8:30 p.m. local time at a location of 11.7 km from Sukalet village.
Myanmar Police Force, Myanmar Fire Bridage and Port authorities launched rescue operation.