China Shipowners TOP20 List Announced Recently, Shanghai Shipping Exchange has publicized the ship capacity ranking of China's shipping enterprises based on the summary of the questionnaire survey in the preliminary stage of “2024 China Shipping Development Report”. The following is the content of the public announcement: Public Announcement on 2024 Shipping Enterprises' Ship Capacity Ranking Information Since 1998 the Ministry of Transport has regularly organized and carried out the preparation of China Shipping Development Report (Shipping White Paper), which comprehensively, objectively and truly reflects the development of China's shipping. In order to better publicize the development of China's shipping enterprises, the 2024 China Shipping Development Report will c...
Release time:
2025
-
04
-
21
Views：1
Nearly $5bn! Chinese shipyard wins big order Dynacom Tankers Management, an oil tanker company owned by Greek shipowner George Procopiou, has entered into an ordering agreement for eight 158,000 dwt Suezmax crude oil tankers with Jiangsu New Era Shipbuilding Co Ltd, Trade Winds reported on 25 March. The vessels are scheduled for completion and delivery in 2027-2028. Industry sources estimate that the order is expected to have a price of US$81 million~US$84 million per vessel, with a total price of about US$648 million~US$672 million (about RMB4.67 billion~RMB4.85 billion). The vessels will b...
Release time:
2024
-
03
-
27
Views：14
Singapore vessel becomes world's first dual-fuel ammonia-powered ship A locally-registered vessel has become the world's first dual-fuel ammonia-powered vessel after it successfully refuelled with liquid ammonia in the Port of Singapore. The Singapore-flagged vessel, named Fortescue Green Pioneer, was successfully refuelled at the existing ammonia facility on Jurong Island with the support of the Maritime Authority of Singapore (MAS), government agencies, research organisations and industry partners, according to a joint statement issued by the Maritime and Port Authority of Singapor...
Release time:
2024
-
03
-
18
Views：13
Emergency warning! The port is closed for a fortnight! Maersk has issued an urgent notice that the Finnish Transport Workers' Union (AKT) has announced a political strike that will result in the forced closure of the country's ports for a fortnight (11 March - 25 March). Maersk said in its announcement that the AKT's strike is in opposition to amendments to labour legislation proposed by the government. The two-week political strike will affect operations at all Finnish ports. Maersk added in the announcement that it will inform its customers as soon as possible about the impac...
Release time:
2024
-
03
-
11
Views：11
U.S. harbours: very comfortable with Chinese-made cranes For a long time, the United States has been attacking and discrediting China, and recently targeted at Chinese-made cranes. However, a number of U.S. ports are still using these cranes and have confidence in their safety. U.S. ports are very comfortable with Chinese-made cranes U.S. President Joe Biden recently signed an executive order proposing an investment of more than $20 billion over the next five years for the construction of port security, including the production of new harbour cranes in the local area to replace Chinese-made...
Release time:
2024
-
03
-
06
Views：15
China's port throughput growth likely to slow in 2024 with downside risks On February 18, international rating agency Fitch Ratings said that China's port throughput growth may slow in 2024 and is at risk of declining due to weak global external demand and manufacturing. Cargo throughput and container throughput at China's eight major seaports grew 4% and 6% year-on-year, respectively, in the fourth quarter of 2023. According to Fitch, growth drivers include new shipping routes, increased container capacity, the Regional Comprehensive Economic Partnership (RCEP), China's Bel...
Release time:
2024
-
02
-
26
Views：11
The first global capacity ranking for 2024 is out! Data released by Alphaliner shows that as of today (January 2, 2024), the total number of container ships operating globally reached 6,781, an increase of 265 ships compared to the same period of the previous year (January 6, 2023, the same hereinafter), and the global capacity totaled 28,518,895 TEUs, an increase of 2,117,946 TEUs, or a year-on-year increase of 8.04%. Compared with a year ago, among the top 20 liner shipping companies in terms of capacity, Ocean Net Link Shipping (ONE) and Evergreen Marine Corp. swapped their rankings, taki...
Release time:
2024
-
01
-
15
Views：7