China Shipbuilder CSIC Diversifies Operations
China Shipbuilding Industry Corporation (CSIC) signs agreement with Sansha Municipal Government to work on infrastructure energy & water resources. China's major ship-building conglomerate will start infrastructure, energy and water resources projects in Sansha, the country's southernmost city in the South China Sea, reports China Daily. The Sansha Municipal Government signed a package of cooperation agreements with China Shipbuilding Industry Corporation, the state-owned conglomerate that engages in manufacturing and scientific research in a number of maritime industries.
China Rongsheng & DNV Sign Agreement
China Rongsheng Heavy Industries has signed a classification agreement for ten157,000 DWT suezmaxes and a senior management conference was also held in conjunction with this agreement. China Rongsheng and DNV have had a strategic partnership for some years. The newly-signed classification agreement for the ten 157,000 DWT suezmaxes not only strengthens the partnership between the two parties, but also demonstrates the regard of world-class classification societies for China Rongsheng’s products, say Rongsheng.
CNOOC Mulls LNG Vessel Orders
CNOOC has it in mind to order 14 medium & small-sized LNG ships from Chinese shipyards. The Group is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. It mainly engages in exploration, development, production and sales of oil and natural gas. The Group’s core operation areas are Bohai, Western South China Sea, Eastern South China Sea and East China Sea in offshore China. In overseas, the Group has oil and gas assets in Asia, Africa, North America, South America and Oceania.
New Large-Bore Piston Plant Opened in Shanghai
KS Kolbenschmidt GmbH, a subsidiary of first-tier auto-component supplier KSPG AG, has in its Large-Bore Piston unit established a new company specifically for the Asian markets. From its newly opened sales and production location in the Shanghai region, KSLP (China) Co. Ltd. will as from now supply large-bore pistons for marine engines, locomotives and stationary generators to customers in China, Japan, and Korea. The new company thus takes into account these markets' dynamic regional growth.
ZF Explores Chinese Offshore Market
Marine Propulsion Systems, a business unit of ZF Friedrichshafen AG, shared at the sidelines of Marintec China 2013 that China continues to be a key focus for the company and shared plans to strengthen its footprint in the market. ZF Marine has been in China since 2006 and currently operates a sales and services office in Shanghai which serves as a competence center for all marine applications in China. With optimism slowly returning to the global offshore market, the industry is expected to climb steadily and this presents significant business opportunities for ZF Marine…
FMC Commissioner Doyle Announces China VAT Issue Webcast
New explanation issued from China on definition of “agents” in Circular 106. Industry briefing scheduled for March 6, 2014 concerning the latest information on China’s Value Added Tax regime and its impact on the maritime industry. Commissioner William P. Doyle of the Federal Maritime Commission (FMC) today announced that he will be participating in a webcast that will take place on March 6, 2014, on matters related to China's Value Added Tax (VAT) regime, with specific emphasis on China's release of Circular 106, as it affects carriers, shippers and ocean transportation intermediaries.
Wärtsilä Yuchai J/V Inaugurate Marine Engine Factory
The Wärtsilä Corporation & Yuchai Marine Power Co., Ltd., Joint Venture (J/V) has inaugurated its new factory in Doumen District, Zhuhai City, Guangdong Province, China. The new factory covers a total area of 266,700 square meters and will be used for the assembly and testing of Wärtsilä 20, Wärtsilä 26 and Wärtsilä 32 medium speed engines. The assembly lines and test beds are in partial operation already, and the plant is expected to be in full production before the end of 2016. Wärtsilä and Yuchai Marine Power Co. Ltd.
New Wartsila Manufacturing Facility Opens in China
Wärtsilä CME Zhenjiang Propeller Co Ltd, the joint venture between Wärtsilä Corporation and Zhenjiang CME Ltd, inaugurated its new manufacturing facilities for controllable pitch (CP) propellers in Zhenjiang, China. Wärtsilä CME has invested EUR 12 million (over $17 million) in these facilities, as the company had announced last October. Wärtsilä CME Zhenjiang Propeller is the first company in China to manufacture Wärtsilä-designed, hydraulically-operated CP propellers. The first deliveries from the new factory are planned to take place later this year.
WSS Expands Network in China
Wilhelmsen Ships Service has opened a new full service office in Ningbo, providing a comprehensive range of ships agency and maritime logistics services. The company now has five offices in mainland China. “Our strategy has been to strengthen our network across China in order to be present where our customers are operating,” said Captain Bi Yuping – General Manager of WSS Ships Agency & Maritime Logistics China. “The office expansion is aimed at providing the same level of service in China as we offer at all WSS offices throughout the world.
China Rongsheng Chairman Quits
Chairman of China's largest private shipbuilder, Zhang Zhirong, steps down from China Rongsheng Heavy Industries Group. Determined to put scandal behind it, China’s largest private shipbuilder, China Rongsheng Heavy Industries Group, has said its chairman has stepped down. to be replaced by the yard’s CEO, Chen Qiang, reports SinoShip News. Rongsheng was hit by an insider dealing scandal involving a firm owned by Zhang ahead of the $15.1bn bid for Canadian oil firm Nexen Inc by China offshore oil and gas producer CNOOC.
China Makes Strides in Maritime Propulsion Manufacture
One of China's major shipbuilders has developed cutting-edge propulsion technology that will bring the nation closer to its goal of modernizing its shipping and naval fleets, according to the 'China Daily'. China Shipbuilding Industry Corp informed China Daily that its Wuhan Institute of Marine Electric Propulsion finalized its integrated electric propulsion technology in mid-July, 2013, which will help the nation wean itself off the longstanding dependence on imported marine engineering parts.
ABB Partners with Chinese Shipyard to Develop Digital Tech
ABB said it has signed a formal agreement with Chinese shipyard Wuchang Ship Building Group to deepen cooperation with an emphasis on developing greener ships and digital solutions. By utilizing ABB’s power and propulsion expertise along with its focus on maritime software, the partnership will help Wuchang Ship Building Group manufacture highly efficient and technologically advanced vessels, ABB said. “Chinese shipyards are diversifying their portfolios and ABB’s long history of working in the icebreaking and cruise sectors is particularly relevant to China’s shipbuilders…
ABB Azipods Selected for First Chinese-built Icebreaker
ABB’s Azipod propulsion system will power a Chinese polar science research icebreaker, the first vessel of its type to be built in China. The Polar Research Institute of China ship will be fitted with two Azipod VI units with combined power of 15 MWs. Azipod features a built-in high-efficiency AC motor and fixed-pitch propeller mounted directly on the motor shaft. While mechanical thrusters have complex transmission with gears and shafts, the Azipod has only electrical cables between the power source and the electric motor.
Roll-out of First MAN TCR12 Turbocharger Assembled in China
MAN Turbocharger China unveils the first TCR12 turbocharger completely assembled at its Changzhou factory. This new development confirms MAN Diesel & Turbo’s strategy of localising its turbocharger production in China. Over the last two decades, the level of shipbuilding activity in China has increased dramatically, resulting in the country being ranked as the top shipbuilding nation globally for the first time in 2010. As the leading supplier of turbochargers for marine diesel-engine manufacturers in China…
China Shipyard Starts on 10,000 TEU Container Ship
China Shipping Industry (Jiangsu) has begun construction of the largest container ship yet to be built in China. The 10,000TEU container ship is being built for China Shipping Container Lines Co., Ltd. (CSCL) which the shipbuilders describe as the realiization of their dream by the construction of the centennial [sic] vessel for CSCL and of creating a world first-class enterprise. The ceremony was presided over by Mr. Wang Yiling, the Executive Director of CICJS. General Manager of China Shipping Industry Co., Ltd. (CIC) Ye Xiaojian made an address of welcome.
Key Maritime Insights Offered at Shanghai Forum
The International Shipping Strategic Development Forum met in Shanghai for wide-ranging discusion on the shipping industry. With high profile support from the Lord Mayor of London David Wooton who opened the forum, the event was attended by 450 and brought together some of the UK’s leading maritime professionals and China’s shipowners and charterers. Economic outlook: Standard Chartered China Chief Economist Shen Lan gave a modest assessment on global economic outlook. She predicts China’s economy will grow 7.7% in 2012 and slightly pick up to 7.8% in 2013…
Chinese Shipyards Get Boost From Patrol Boat Orders
China's State Oceanic Administration has placed 8 orders with Wuchang Shipbuilding Industry Co., & altogether 36 are to be built within two years. As the global shipbuilding industry endures one of its toughest spells in years, at least eight new orders for maritime surveillance ships have been secured by Wuchang Shipbuilding Industry Co Ltd, a subsidiary of China Shipbuilding Industry Corp. The progress echoed an earlier statement from Liu Cigui, head of the State Oceanic Administration…
ABB Inaugurates New Azipod Manufacturing Base in Shanghai
Azipod improves vessels’ fuel efficiency up to 25%, lowers their environmental impact and provides better maneuvering capabilities. ABB, the leading power and automation technology group, today inaugurated a new global manufacturing base in Shanghai featuring Azipod C, the company’s advanced green marine propulsion system. Located in the Lingang New Development Zone, the new base covers 37,000 square meters with an annual output of 60 units at present. Claudio Facchin, Chairman and President of ABB North Asia and China, spoke at the inauguration ceremony.