Posts tagged with the keyword: ‘china’

Liwan Topsides Installation Nears Completion| Offshore Energy Today

Liwan Topsides Installation Nears Completion| Offshore Energy Today

China National Offshore Oil Company (CNOOC) is reaching the final phase of the installation of the 30,000-metric-tonne topsides on the jacket at the Liwan 3-1 field in the South China Sea, China Daily has reported. The news agency added that it has been … The Liwan Central Platform (CEP) topsides is being lowered on the jacket which was put in place on the ocean floor in September 2012 in a water depth of approximately 1,300 metres. The Liwan field will use a …

Maersk CEO: United States to Surpass China as Biggest Driver of Growth

Maersk CEO: United States to Surpass China as Biggest Driver of Growth

Nils S. Andersen, CEO A.P. Moeller-Maersk A/S May 22 (Bloomberg) — The U.S. will overtake Asia as the biggest driver of global growth this year while Europes turmoil is hurting trade flows, said Nils Smedegaard Andersen, chief executive officer of A.P. Moeller-Maersk A/S. The owner of the worlds biggest container line can tell from tracking [...]

Shipbuilding Tribune – Diana Shipping Orders Two Newcastlemax …

Shipbuilding Tribune – Diana Shipping Orders Two Newcastlemax …

Diana Shipping Inc. signed, on May 17th 2013, through separate wholly-owned subsidiaries, two shipbuilding contracts with China Shipbuilding Trading Company, Limited and Jiangnan Shipyard (Group) Co., Ltd., for the …

China Rules (… the Waves)

China Rules (… the Waves)

Image (c) Shutterstock/Aleksandar Mijatovic By Nicholas-Andrew Iliopoulos, Special to Piracy Daily The release earlier this month of an official Chinese government report showing that the threats that country faces come mostly from the sea serves to underscore the importance of safeguarding national security through effective maritime securityincluding state-of-the-art counter-piracy efforts. As Xinhua noted, in “China’s [...]

Shipbuilding Tribune – Greece and China to Boost Cooperation

Shipbuilding Tribune – Greece and China to Boost Cooperation

Greece has become an important client of China's shipbuilding enterprises. Greek Shipping Minister, Kostis Moussouroulis said in Shanghai, during the weekend visit, that Greek shipowners have recently signed contracts to …

Pingtan Marine Enterprise Reports Unaudited Financial Results for its First Quarter Ended March 31, 2013

Pingtan Marine Enterprise Reports Unaudited Financial Results for its First Quarter Ended March 31, 2013

FUZHOU, China, May 14, 2013 /PRNewswire/ — Pingtan Marine Enterprise Ltd. (Nasdaq: PME), (“Pingtan,” or the “Company”) a provider of dredging services in the People's Republic of China …

Lloyd's List – Tankers – ICAP writes down dry chartering business by …

Lloyd's List – Tankers – ICAP writes down dry chartering business by …

Outlook is more positive for tankers . … of improved freight rates. In contrast, ICAP says the outlook is more positive for the tanker business, with growth demand anticipated from developing countries such as China and India.

Largest Container Ships Help Hyundai Heavy Crack China

Largest Container Ships Help Hyundai Heavy Crack China

Maersk Line’s first Triple-E class containership, image Maersk Line (Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the worlds biggest container carrier. China Shipping Container Lines Co. this week said it chose Hyundai Heavy to construct five vessels that can [...]

Shipbuilding Tribune – Top Stories of the Week (May 6 – May 11 …

Shipbuilding Tribune – Top Stories of the Week (May 6 – May 11 …

Hyundai Heavy Industries (HHI), the world's biggest shipbuilder , today announced that the company has won a USD 700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co.

US-Bound Supertanker Rates Spike as More Ships Head to China

US-Bound Supertanker Rates Spike as More Ships Head to China

Tanker Oliva offloading at the LOOP, image courtesy BoH/Wikipedia (Bloomberg) — Charter rates for the largest oil tankers hauling Middle East crude to the U.S. climbed after stronger demand drew vessels to Asia, according to shipbroker Braemar Seascope Ltd. Earnings to carry cargoes to China topped those for crude bound for the U.S., London-based Braemar [...]

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