• 2019 January 7 17:23

    Launching ceremony of the ILSTC and COSCO SHIPPING “Hainan-ASEAN (Singapore)” Liner Route held in Hainan

    On December 29, the launching ceremony of the New International Land-Sea Trade Corridor (ILSTC) and COSCO SHIPPING “Hainan-ASEAN (Singapore)” Liner Route, co-hosted by Hainan Provincial People’s Government and COSCO SHIPPING, was held at Hainan Yangpu Xiaochantan Terminal owned by Hainan Harbor & Shipping Holding Co., Ltd.

    Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) Xiao Yaqing , Governor and Vice Governor of Hainan Provincial People’s Government Shen Xiaoming and Wang Lu, Chairman of COSCO SHIPPING Capt. Xu Lirong and Chairman of State Development & Investment Corporation Wang Huisheng, attended the ceremony. Representatives from the National Development and Reform Commission, the Ministry of Transport, units directly under Hainan Provincial People’s Government, Haikou Customs, Hainan Maritime Safety Administration, Yangpu Frontier Inspection Station, the Planning and Construction Management Office of Guangxi Beibu Gulf Economic Zone, Beibu Gulf Port Group, PSA International Pte Ltd (PSA), the Management Committee of Yangpu Economic Development Zone, and related companies in the zone, as well as relevant carriers and ports were present at the inaugural ceremony.

    Under the framework of the Belt and Road Initiative, ILSTC connects the Silk Road Economic Belt in the north with the 21st Century Maritime Silk Road and the Indo-China Peninsula in the south. With relevant provinces, autonomous regions and municipalities in western China, including Guangxi, Yunnan, Guizhou, Sichuan, Chongqing, Gansu, Qinghai, Xinjiang and Shaanxi, as key nodes, and through rail, sea and highway transportation, it provides access to major ASEAN countries such as Singapore and further extends to Australia, New Zealand, the Middle East and Europe. In addition, it is linked to Northeast Asia and North America in the east and to China Railway Express in Chongqing, Lanzhou and Xinjiang in the north. As an integrated access to the outside world, ILSTC enables the western regions to cooperate with ASEAN and other countries and connect to the Belt and Road.

    COSCO SHIPPING has provided strong support for ILSTC construction. Over the past year, it has added ocean-going routes with Qingzhou Port in Guangxi as the port of departure or port of call to boost the opening-up of hinterland areas. In the meanwhile, it has developed key ILSTC nodes in Chongqing, Chengdu and Guangxi, stepped up construction of port and logistics infrastructure to promote rail-sea intermodal transport. In the future, the Corporation will improve and increase routes from Qingzhou and Yangpu to Southeast Asia and South Asia, open routes for transshipping goods from Singapore to large vessels on major routes, so as to cover routes to Australia, Singapore, Europe, the Mediterranean and the Black Sea, Africa, the Persian Gulf and the Red Sea. It has also established a service network spread over Southeast Asia, North America and Central and South America to help with the building of Hainan into a free trade pilot zone and a free trade port with Chinese characteristics, and to bring the central and western regions more fully into international trade.

    Before the inaugural ceremony, accompanied by Capt. Xu Lirong, Xiao Yaqing, Shen Xiaoming and Wang Lu watched a display board introducing the connection of Yangpu Port to ILSTC. After the ceremony, they boarded M.V. Xin Fang Cheng and greeted its crew.




2020 August 5

15:27 Solstad secures contract from BP for three vessels in Australia
14:38 ABS to class first Taiwan-built offshore installation vessel
13:22 Hurtigruten temporarily suspends all expedition cruises
13:18 Krasnoye Sormovo to launch the MS Pola Marina cargo ship on August 7
13:12 The Vostochnaya Stevedoring Company completes the upgrade of more than 18,000m2 of storage yard
13:08 Concept of a modular composite fishing boat gets the thumbs up from MARINET
12:39 Scorpio Bulkers to build Wind Turbine Installation Vessel (WTIV) at DEME
12:01 Fincantieri and Saipem sign deep-seabed mining agreement
11:58 MARINET expects draft amendments on autonomous shipping to Russia’s MSC to be submitted by the end of the month
11:13 Future 12th expeditionary fast transport (EPF 12) for US Navy successfully completes acceptance trials
11:06 SEA-KIT bags two USV orders from Fugro
10:51 Indian Register of Shipping launches vessel for Unichart Navigation
10:23 Baltic Dry Index as of Aug 4
10:18 Crude futures prices remain nearly flat
09:51 MABUX: Bunker market this morning, Aug 05
09:07 EMSA, ECDC release guidance on resuming safe cruise operations in EU

2020 August 4

18:36 UK publishes Guidance on financial sanctions for Maritime Industry
18:21 Avance Gas sells 2003-built VLGC Avance
17:45 Klaveness Combination Carriers takes delivery of the fourth CLEANBU vessel
17:03 Tallink Grupp publishes July 2020 passenger and cargo statistics
16:58 ADNOC L&S and Wanhua Chemical Group form Strategic Shipping Joint Venture
16:33 Dredging of Utrenny LNG terminal’s basin kicked off
16:02 MHI-MME receives generator turbine and VOC firing auxiliary boiler orders for shuttle tankers
15:51 Flag, coastal and port authorities from eight countries come together to encourage development of maritime autonomous surface ships
15:43 Port of Ust-Luga MRC’ priority is taking care of employees
14:50 NOVATEK’s transshipment terminal in Port of Ust-Luga undergoes overhaul
14:02 Stena Line starts new service Liepaja - Karlskrona - Travemünde
13:26 MRA sets its sights on distance training
13:12 DEME repatriates 75 Philippine crew members from 12 vessels worldwide by charter flight from Brussels South to Manila
12:15 Evergreen joins the Ship Recycling Transparency Initiative
11:07 The port of Kiel starts the Cruise Season 2020
10:22 Bunker sales in Vladivostok in Jan-Jul plummet 30%
09:36 Baltic Dry Index as of Aug 3
09:30 Crude oil futures become cheaper
09:23 MABUX: Bunker market this morning, Aug 04

2020 August 3

18:43 CMA CGM announces Peak Season Surcharge rates from North Europe to Indian Subcontinent
18:06 Total seven-month cargo traffic in Azov-Don basin in Jan-Jul down 6%
17:55 Inmarsat, Thetius and Shell Shipping and Maritime launch 'Crew Welfare Open Innovation Challenge'
17:25 The PV300 MS Mustai Karim leaves Krasnoye Sormovo Shipyard basin, sets sail for St. Petersburg
16:42 Spot market price for Russian M100 product ended week higher
16:06 Russian Gov’t approves regulation on crab boats construction incentives
15:32 Kalmar delivers four medium and heavy forklifts to support Yizheng Port in meeting safety and environmental requirements
15:26 RZD seven-month loaded freight down 4.4%
14:18 Ust-Luga Company wins the Ust-Luga Cup 2020
13:24 Borr Drilling Limited enters into a new contract and LOIs for three rigs
13:08 Long-awaited project of Kalmykia’s Lagan Port becomes part of the federal transport territorial planning
12:46 MSC Cruises and Palumbo Group form joint venture to operate the Palumbo Malta Shipyard
12:23 OHT wins contract for transport and installation of foundations at Dogger Bank
12:20 RZD to resume traffic via new rail bridge across the Kola as of October 1
11:46 Eagle Bulk reports the successful resolution of security incident onboard vessel
11:10 Buyan-class corvette Grayvoron departs for Novorossiysk sea trials base
09:48 Crude futures prices edge down
09:41 MABUX: Bunker market this morning, Aug 03
09:16 Baltic Dry Index as of July 31

2020 August 2

16:03 Kirby Corporation announces 2Q, 2020 Results
15:31 Bollinger delivers second of three USCG FRCs to be home-ported in Guam
14:37 Dennis de Bruin appointed Managing Director of Commercial Shipping Europe
13:52 ABS supports global offshore wind development with updated guidance
12:35 USCG sets port condition Zulu for Ports of Miami and Key West
11:24 Tony Goldsmith announced as new head of marine at law firm Hill Dickinson as David Wareing steps down