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Category: China

  • US naval forces board sanctioned Iran-linked tanker in Indian Ocean

    US naval forces board sanctioned Iran-linked tanker in Indian Ocean US naval forces have boarded the Cook Islands-flagged tanker Bertha within the US Indo-Pacific Command Area of Responsibility in the Indian Ocean. The US Department of War stated that forces conducted a “right-of-visit maritime interdiction and boarding” overnight without incident. The Department said on X…

  • Wärtsilä equipment ordered for China-built LNG bunkering vessel duo

    Wärtsilä equipment ordered for China-built LNG bunkering vessel duo Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been appointed to supply its cargo […] The post Wärtsilä equipment ordered for China-built LNG bunkering vessel duo appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Fire claims two lives aboard Singapore-flagged bulker

    Fire claims two lives aboard Singapore-flagged bulker An engine room fire on the Singapore-flagged bulk carrier Mandy has claimed two lives, with a third crewman airlifted to a hospital. The 2010-built bulker, en route from Singapore since February 8, was hit by the blaze at 7:35 pm Singapore time on February 17, just shy of…

  • Winning in lead

    Winning in lead China is dominating the secondhand capesize market this year, and Winning is topping the buyer table. Winning Shipping is closing in on double-digit capesize purchases in 2025, emerging as the buyer of its six-vintage newcastlemax deals in as many months. The latest addition is an 18-year-old heavyweight, purchased for an undisclosed fee.…

  • Saipem scores another massive deal from QatarEnergy

    Saipem scores another massive deal from QatarEnergy Italian energy services contractor Saipem, in partnership with COOEC, has been awarded an offshore EPCI contract for worth on the North Field worth $4bn by Qatar’s state-owned company QatarEnergy. The contract is for the so-called COMP5 package of the North Field Production Sustainability Offshore Compression Complexes project. The…

  • New oilfields development project switches production mode on

    New oilfields development project switches production mode on Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China. The post New oilfields development project switches production mode on appeared first on Offshore…

  • SIPG picks new chairman

    SIPG picks new chairman Shanghai International Port Group (SIPG) has appointed ex-Shanghai transport commission head Yu Fulin as its chairman. According to the company, Yu Fulin was elected by the SIPG’s board via a unanimous vote. He will also serve as the chairman of the strategy committee. Fulin is a senior engineer, born in March…

  • China’s 12 million tonnes U.S. soybean pledge could boost bulker demand

    China’s 12 million tonnes U.S. soybean pledge could boost bulker demand China’s agreement to resume purchases of American soybeans is not only good news for farmers and the U.S. inland waterways industry. BIMCO expects the agreement to be positive for the dry bulk market. Trade war truce with China is good news for soybean farmers…

  • Chinese shipyard starts building Asso.subsea’s new cable-laying vessel

    Chinese shipyard starts building Asso.subsea’s new cable-laying vessel The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying […] The post Chinese shipyard starts building Asso.subsea’s new cable-laying vessel appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes

    China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes China and France have put pen to paper on an agreement to establish a […] The post China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Geely floats world’s first methanol-hydrogen electric riverboat

    Geely floats world’s first methanol-hydrogen electric riverboat Chinese automotive giant Geely Holding has expanded its green drive into shipping with the launch of the Yuanchun 001, billed as the world’s first methanol-hydrogen electric multi-purpose riverboat. Unveiled in Hangzhou, the 64 teu vessel is the latest step in Geely’s two-decade push into methanol technology, marking the…

  • Wah Kwong NatPower, Shandong Port to advance ship charging network

    Wah Kwong NatPower, Shandong Port to advance ship charging network Wah Kwong NatPower and Shandong Port Group (SPG) have signed a strategic memorandum of understanding to develop large-scale shore power and ship charging projects. The agreement begins with Qingdao Port International, one of the world’s most automated terminals, and will explore new business models for…

  • Wison New Energies, H2Carrier team up to develop green ammonia FPSO

    Wison New Energies, H2Carrier team up to develop green ammonia FPSO China’s Wison New Energies and Norwegian firm H2Carrier have launched a new initiative to deliver a 500MW green ammonia FPSO. In this collaboration, Wison is uniquely positioned to provide engineering and design, as well as construction and integration of the works for the Green…

  • Ningbo Ocean Shipping looks to Singapore for global fleet expansion

    Ningbo Ocean Shipping looks to Singapore for global fleet expansion Ningbo Ocean Shipping has revealed a plan to invest around CNY2.9bn ($406.5m) via its Singapore arm to set up two more subsidiaries in the country to further grow its fleet. The company will invest CNY1.2bn ($168.2m) to establish Ningbo Ocean Shipping Singapore Longitude and CNY1.7bn…

  • Mibau Stema grows bulker fleet backed by Hartmann-CSL venture

    Mibau Stema grows bulker fleet backed by Hartmann-CSL venture Denmark-based Mibau Stema Group has signed up for two new self-unloading bulk carriers at Chengxi Shipyard in China. These newbuilds will be constructed to be biofuel- and methanol-ready as part of Mibau Stema’s strategic goal to enhance transport capabilities, increase operational versatility, and transition towards more…

  • As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

    As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally. The post As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia…

  • OOCL admits upcoming US port fees will have ‘relatively large impact’

    OOCL admits upcoming US port fees will have ‘relatively large impact’ Orient Overseas (International) Ltd (OOIL), the listed entity of Hong Kong container line OOCL, has conceded that October’s likely introduction of extra port fees for Chinese-linked tonnage could be painful. OOCL, owned by China’s COSCO, posted its interims yesterday in which it noted in…

  • Property woes cast long shadow over China’s steel and iron ore demand

    Property woes cast long shadow over China’s steel and iron ore demand The fragile state of China’s real estate sector continues to weigh heavily on dry bulk fortunes. State-run developer China South City Holdings was ordered to liquidate by Hong Kong’s High Court yesterday, with debts nearing $8bn, making it the biggest Chinese builder by…

  • Transpacific bump in rates tipped as Trump delays China tariffs again

    Transpacific bump in rates tipped as Trump delays China tariffs again The US tariffs on China have been postponed another 90 days until November 10. The US will keep its tariffs at 30%, and China will maintain its levies at 10% through to the autumn as negotiations between the world’s two biggest economies continue. Commenting…

  • Chinese duo to develop brand-new 20,000 cbm LNG bunkering vessel

    Chinese duo to develop brand-new 20,000 cbm LNG bunkering vessel China’s Dalian Shipbuilding Offshore Co. (DSOC) and compatriot Zhongnen Fuel Injection Technology have inked […] The post Chinese duo to develop brand-new 20,000 cbm LNG bunkering vessel appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Eastern Pacific lines up feeder boxship series at Mawei Shipyard

    Eastern Pacific lines up feeder boxship series at Mawei Shipyard Singapore-based Eastern Pacific Shipping (EPS) has made another move into the feeder container market with a major newbuilding order at China’s Fujian Mawei Shipbuilding. Sources following EPS’ shipbuilding moves said the Idan Ofer-led owner has inked firm contracts for 12 vessels of 1,800 teu capacity,…

  • BIMCO issues clause to tackle US fees on China-linked ships

    BIMCO issues clause to tackle US fees on China-linked ships The Documentary Committee of the world’s largest shipping association, BIMCO, has adopted a standard clause aimed at addressing contractual uncertainties that may arise from the US Trade Representative’s notice of actions to impose fees on Chinese-related ships calling US ports. A BIMCO subcommittee comprising legal…

  • Historic surge on the transpacific buoys liner profits

    Historic surge on the transpacific buoys liner profits Drewry’s weekly World Container Index (WCI) increased 41% to $3,527 per feu yesterday, the second highest leap dollars-wise since the index was created, with the busy transpacific leading the way once again amid a brief trade detente between the world’s two largest economies, the US and China.…

  • Giant FPU’s transport marks ‘world’s first’ for CNOOC

    Giant FPU’s transport marks ‘world’s first’ for CNOOC Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has completed a transport operation related to a giant floating production unit (FPU). The post Giant FPU’s transport marks ‘world’s first’ for CNOOC appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • Cadeler buys Chinese-built wind turbine installation vessel

    Cadeler buys Chinese-built wind turbine installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has bought a newly constructed jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry. The company acquired the 2024-built Boqiang 3060 vessel, set to be renamed Wind Keeper. The vessel is fitted with a Huisman main crane with a 2,200…

  • MAN Energy Solutions reveals world’s most powerful methanol engine

    MAN Energy Solutions reveals world’s most powerful methanol engine Ship engine manufacturer MAN Energy Solutions has developed the world’s most powerful two-stroke methanol engine. The engine, rated at 82,440kW at 80rpm, is currently being built by Chinese licensee CSSC-MES Diesel. This will be the first engine of 12 bound for a series of a dozen…

  • China smashes car carrier size records twice in less than a month

    China smashes car carrier size records twice in less than a month China has broken the record for the world’s largest car carrier for the second time in under a month with the sailaway of the Anji Ansheng, a 9,500 ceu ship owned by SAIC Anji Logistics, a subsidiary of China’s giant car manufacturer SAIC.…

  • CPN performs ‘record-breaking’ B24 biofuel bunkering operation

    CPN performs ‘record-breaking’ B24 biofuel bunkering operation Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has achieved a new milestone by completing China’s largest B24 marine biofuel bunkering operation. The post CPN performs ‘record-breaking’ B24 biofuel bunkering operation appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • Allseas taps Wuchang Shipbuilding for offshore vessel duo

    Allseas taps Wuchang Shipbuilding for offshore vessel duo Swiss-based marine construction specialist Allseas has ordered two offshore construction vessels from Wuchang Shipbuilding Industry Group in China. The vessels are based on the SALT 308 OCV design, they feature advanced equipment and systems to deliver enhanced performance, flexibility, and functionality. Each vessel will measure 100 metres…

  • Trump administration takes action to impose port tariffs on Chinese ships

    Trump administration takes action to impose port tariffs on Chinese ships The United States Trade Representative (USTR) has laid out plans to introduce fees on Chinese ships calling American ports. The post Trump administration takes action to impose port tariffs on Chinese ships appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • First offshore hydrogen-ammonia-methanol platform begins trial operation in China

    First offshore hydrogen-ammonia-methanol platform begins trial operation in China The first offshore platform for the integrated production of green hydrogen, ammonia, and methanol has been constructed in Yantai, China, and is set to commence the trial operation, state-owned energy enterprise China Energy Investment Corporation revealed. The post First offshore hydrogen-ammonia-methanol platform begins trial operation in China…

  • The carriers most exposed by Trump’s trade war with China

    The carriers most exposed by Trump’s trade war with China The chart below created by Linerlytica highlights the containerlines most exposed on the transpacific by the ongoing trade war initiated by Donald Trump, the American president, against China, that has effectively brought most business between the two largest economies in the world to a halt.…

  • President Trump inks executive order to ‘restore American maritime dominance’

    President Trump inks executive order to ‘restore American maritime dominance’ The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese…

  • Trump threatens additional 50% tariff on imports from China

    Trump threatens additional 50% tariff on imports from China President Donald Trump on Monday said he will impose an additional 50% tariff on goods from China unless the country immediately withdraws its 34% retaliatory tariff on imports from the U.S. China levied matching tariffs against the U.S. on Friday in response to the White House’s…

  • China slaps retaliatory tariffs on all US goods

    China slaps retaliatory tariffs on all US goods After US president Donald Trump imposed tariffs on countries across the world earlier this week, it did not take much time for Beijing to return the favour. The Chinese authorities said on Friday that the country would impose 34% tariffs on all imports from the US starting…

  • China building 62% of new ships ordered globally in spite of looming US tariffs

    China building 62% of new ships ordered globally in spite of looming US tariffs China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook. The post China building 62% of new ships ordered globally in spite…

  • “Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding

    “Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive […] The post “Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland

    Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland Valmet, a Finland-headquartered developer and supplier of process technologies, automation and services for the […] The post Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • U.S. port fees on China-built ships? Carriers weigh their options

    U.S. port fees on China-built ships? Carriers weigh their options The prospect of U.S. port fees being imposed on Chinese-built ships is keeping shipping analysts busy. As we reported earlier, in response to a petition filed by U.S. unions back in March 2024, then U.S. Trade Representative (USTR) Ambassador Katherine Tai found in January, at…

  • Chinese yard to build 200-person accommodation rig

    Chinese yard to build 200-person accommodation rig Jiangsu Dajin Heavy Industry has revealed that it entered into a section fabrication, general assembly, equipment installation, and commissioning contract for a 200-person jackup accommodation rig with Qinshi Jiamei Energy Technology. According to a statement made by Bestway Marine & Energy Technology, the owner of Dajin Heavy, the…

  • Op-Ed: Industry thoughts on tariffs come to light

    Op-Ed: Industry thoughts on tariffs come to light Over the last couple of days, Stamatis Tsantanis, chariman and CEO of global shipping company Seanergy Maritime and United Maritime, and Cary S. Davis, president and CEO of the American Association of Port Authorities (AAPA) have released official statements on the Trump administration’s recent tariffs. In all,…

  • Fire forces crew to abandon boxship in Red Sea

    Fire forces crew to abandon boxship in Red Sea A Hong Kong-flagged boxship exploded and caught fire in the Red Sea, some 226 km northwest of Hodeidah, Yemen. In the early hours of the morning on Tuesday, the 1,930-teu, 2022-built ASL Bauhinia boxship caught fire in the southern Red Sea. The vessel is owned by…

  • Asso.subsea orders shallow-water cable layer from China

    Asso.subsea orders shallow-water cable layer from China Greece-based offshore contractor Asso.subsea has ordered a large shallow-water cable layer from China Merchants Heavy Industry. The vessel will be designed by China Merchants Industry and constructed at the China Merchants Industry Mazhou Island Base. The cable layer will be 175 m long and 41.8 m wide. It…

  • WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

    WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a…

  • Chinese firm reveals plans to build pipelaying vessel

    Chinese firm reveals plans to build pipelaying vessel CNOOC subsidiary, China Offshore Oil Engineering Co (COOEC), has revealed plans to build a specialised pipe-laying vessel. The company said that the pipelayer would be built by COOEC’s self-owned funds and the total investment would be around RMB 1,375,256,800 ($188.4). The board of directors has already given…

  • SBM Offshore orders FPSO hull from Shanghai Waigaoqiao Shipbuilding

    SBM Offshore orders FPSO hull from Shanghai Waigaoqiao Shipbuilding Dutch floater expert SBM Offshore has ordered another FPSO hull based on its universal Fast4Ward design from China’s Shanghai Waigaoqiao Shipbuilding (SWS). This will be the sixth such hull the firm ordered from SWS. The FPSO, once completed, will be able to hold 2.3m barrels of…

  • Swedish police boards Chinese bulker to observe cable outage investigation

    Swedish police boards Chinese bulker to observe cable outage investigation Swedish police on Thursday boarded the Yi Peng 3, a 23-year-old panamax bulker owned by Ningbo Yipeng Shipping and linked to the severing of two data cables in the Baltic Sea after being invited by Chinese authorities. The vessel has been wanted for questioning by Sweden…

  • Ineos buys CNOOC’s US assets

    Ineos buys CNOOC’s US assets Ineos Energy has acquired the Gulf of Mexico business held by the US subsidiary of Chinese company CNOOC International Limited. The deal increases Ineos’ production globally to over 90,000 barrels of oil equivalent per day. These assets in the Gulf of Mexico are the third major investment by the company…

  • ONE shows China an alternative way to power ships at port

    ONE shows China an alternative way to power ships at port Japanese containerline Ocean Network Express (ONE) has for the first time utilised shore power during lift-on and lift-off operations of an alternative marine power (AMP) container in a Chinese port. This was done ahead of a symposium which shared best practices and explored innovative…

  • China deploys navy in drills around Taiwan

    China deploys navy in drills around Taiwan Merchant shipping has been warned it needs to tread carefully when passing through one of the world’s busiest shipping lanes this week as China carries out military drills around the island of Taiwan. China has bumped its number of navy and coast guard ships in waters near Taiwan,…

  • Hutchison Ports Yantian launches first on-dock electric truck chassis battery swapping station

    Hutchison Ports Yantian launches first on-dock electric truck chassis battery swapping station Hutchison Ports Yantian and QIJI Energy, a subsidiary of the world’s largest EV battery manufacturer Contemporary Amperex Technology, have launched the world’s first on-dock chassis battery swapping station for electric trucks. This innovative system transforms the traditional hour-plus charging process into a mere five-minute operation,…

  • Chinese oil & gas giant on a roll as another development project comes online

    Chinese oil & gas giant on a roll as another development project comes online China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China. The post Chinese oil & gas giant on a roll as another development project comes online appeared…

  • Cable laying vessel hard at work on offshore wind project (Gallery)

    Cable laying vessel hard at work on offshore wind project (Gallery) China-headquartered subsea cable vessel owner and operator Fulan Offshore has deployed its cable laying vessel (CLV) for inter-array cable installation at a giant offshore wind project in Chinese waters. The post Cable laying vessel hard at work on offshore wind project (Gallery) appeared first…