• 2018 September 24 09:00

    Vice Premier Han Zheng inspected COSCO-PSA terminal in Singapore

    From September 19 to 21, Vice Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, was invited to visit Singapore. During his visit, Han inspected the Singapore City Gallery and PSA International Pte Ltd (PSA), and learned about the involvement of COSCO SHIPPING and PSA in the Belt and Road construction, according to Xinhua.

    On the afternoon of September 19, Vice Premier Han Zheng, who was on a visit to Singapore, inspected the COSCO-PSA Terminal (CPT) at the Port of Pasir Panjang.

    Han boarded COSCO SHIPPING CAPRICORN, a 20,000 TEU containership berthing at the port. He visited the automated terminal control center of PSA International Pte Ltd (PSA) and listened to reports by executives of COSCO SHIPPING and PSA on participating in the Belt and Road and southbound passage construction. Capt. Xu Lirong, Chairman and Party Secretary of COSCO SHIPPING, accompanied Han on his visit.

    During the inspection, Han said the cooperation between COSCO SHIPPING and PSA sets a model of alliance between giants in the international shipping community. China-Singapore cooperation enjoys broad prospects, he said, urging the two companies to grasp the opportunities from the Belt and Road Initiative to further promote their cooperation.

    As a joint venture between COSCO SHIPPING Ports and PSA, COSCO-PSA Terminal Pte Ltd (CPT) operates three container berths at Pasir Panjang. In recent years, the company has maintained a sound momentum of development with a steady increase in profits.

    On the afternoon of September 20, Vice Minister of Transport He Jianzhong, who accompanied Han Zheng on his visit, inspected COSCO SHIPPING (Southeast Asia) Co., Ltd. and learned about COSCO SHIPPING’s operations in Southeast Asia. Speaking highly of the achievements made by COSCO SHIPPING in the region, he said the Ministry of Transport will continuously pay attention to and support the Group’s development in the region, and expected it to make greater contributions to the Belt and Road and southbound passage construction.

    Cogent Holdings Limited was registered in 1960 in Singapore, where it has 260,000-square-meter warehouses and container yards able to accommodate 40,600 TEU, and operates more than 100 tractor-trailers and 400 trailers. In addition, the company also engages in bonded vehicle transportation and storage, with warehousing and storage yard operations in Malaysia, Indonesia, Myanmar and Thailand. It was acquired by COSCO SHIPPING through a tender offer in 2018.




2019 June 15

15:44 Wight Shipyard rolls out its new windfarm support vessel concept at Seawork Int'l 2019
13:17 Malta Freeport hosts its first LNG-powered container ship
12:53 Petrobras closes the sale of TAG
11:41 USCG, local partners respond to sailing vessel aground off Magic Island
08:43 Vessel training simulation underway at Tema Port’s new Terminal 3

2019 June 14

18:05 Ole Martin Grimsrud appointed CFO of Aker Solutions
17:44 USCG Cordova FOL crew saves man stranded for three days on Montague Island
17:05 Knud E. Hansen wins two separate contracts for innovative large RoRo vessels
16:41 Hapag-Lloyd to increase rates from North East Asia to Australia
16:26 Murmansk Sea Fishing Port handled 90,300 tonnes of cargo in Jan-May’2019, down 38.7% Y-o-Y
16:05 CMA CGM announces GRR from Asia to South Africa
15:14 “K” Line receives recognition for vessel speed reduction programs in the West Coast of North America
15:00 UK maritime industry leaders debate decarbonization, digital technologies and the future of safety at the annual ABS UK National Committee meeting
14:00 China Railway Container Transport signs strategic cooperation agreement with SITC International Holdings
13:38 Container throughput of Vladivostok Sea Fishing Port in 5M’2019 up 39% YoY to 89,649 TEUs
13:09 Algoma increases its interest in in the CSL International Pool
12:41 Port of Klaipeda (Lithuania) handled 19.77 million tonnes of cargo in 5M’2019, up 8.5% Y-o-Y
12:09 Global Ship Lease announces new charter agreements
11:32 Bunker prices continue going down at the port of Saint-Petersburg, Russia (graph)
11:09 ECSA issues statement on suspected attack on two oil tankers in the Gulf of Oman
10:51 France signs up to fishing vessel training treaty
10:30 Zhatai Shipyard to let build up to 10 river ships and scrap at least two ships per year
10:07 Jan De Nul plans to reduce CO₂ emissions by 15% a year
09:49 Brent Crude futures price is up 0.64% to $61.69, Light Sweet Crude – up 0.36% to $52.47
09:30 MacGregor automated mooring solution specified for the world's first autonomous and zero-emission container ship, Yara Birkeland
09:16 Baltic Dry Index is up to 1,062 points
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08:53 MABUX: Bunker market this morning, June 14
08:00 Long Beach cargo volumes down 16.6% to 573,623 TEUs in May 2019
07:01 Port of Los Angeles volumes up 7.8 percent to 828,662 TEUs in May 2019
06:58 MPA publishes second edition of guides on IMO 2020

2019 June 13

18:26 Maritime Technology Framework strengthens ties between DSME and DNV GL
18:05 J-ENG presents the latest technologies about MGO mono-fuel engine (UEC-LSJ), together with UEC42LSH and LP-EGR at 29th CIMAC World Congress
17:49 Port of Gdansk delegation takes part in IAPH conference, Guangzhou
17:28 Throughput of port Kaliningrad in Jan-May’2019 fell by 18% Y-o-Y to 4.98 million tonnes
17:04 Throughput of port Vyborg in Jan-May’2019 fell by 39% Y-o-Y to 373,000 tonnes
16:45 MarineTraffic partners with exactEarth to deliver most comprehensive vessel tracking yet
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16:04 MarineTraffic partners with satellite AIS data provider exactEarth
15:39 Freight turnover of Neva-Metal (Saint-Petersburg) in 5M’19 fell by 10% Y-o-Y to 1.18 million tonnes
14:42 Viking Line announces additional departures on Helsinki-Tallinn routes during summer season
14:21 Throughput of port Vysotsk in Jan-May'2019 climbed by 8% Y-o-Y to 8.06 million tonnes
14:03 Hunter Group chooses OSM for technical management of newbuild VLCC fleet
13:49 Palau is approved by IMO as STCW White List member state
13:48 Jotun signs agreement with Hyundai Heavy Industries for a new type of marine paint
13:32 Bunker prices continue going down at the Far East ports of Russia (graph)
13:14 J-ENG rolls out its latest engine technologies at 29th CIMAC World Congress
12:39 Port of Ust-Luga handled 45.24 million tonnes in 5M’19, up 9% Y-o-Y
12:04 Jumbo awarded transportation & installation contract for Yunlin WTG foundations offshore Taiwan
11:03 Damen Marine Components acquires WK Hydraulics
10:50 Throughput of Port St. Petersburg in Jan-May'2019 climbed by 1% Y-o-Y to 25.01 million tonnes
10:36 Oshima Shipbuilding and DNV GL sign strategic cooperation
10:26 Damen Anchor & Chain Factory inks agreement with Fendercare at Seawork
10:11 Throughput of port Helsinki (Finland) in Jan-May’19 fell by 6.5% to 6 million tonnes (table)
09:52 Brent Crude futures price is up 0.57% to $60.3, Light Sweet Crude – up 0.16% to $51.22
09:33 Bunker prices fall down at the port of Saint-Petersburg, Russia (graph)
09:14 Baltic Dry Index is down to 1,080 points
09:04 MABUX: Bunker Market this morning, June 13
08:56 Miros launches six-month project to test its new fuel efficiency technology

2019 June 12

19:57 T.Mariotti shipyard cuts steel for Seaborn's new expedition ship