Zhejiang News

The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.The measures cover Greek national Antonios Margaritis and his network of companies and vessels that Treasury said was involved in transporting Iranian oil exports in violation of sanctions.Treasury also designated Ares Shipping Limited in Hong Kong…

The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.The measures cover Greek national Antonios Margaritis and his network of companies and vessels that Treasury said was involved in transporting Iranian oil exports in violation of sanctions.Treasury also designated Ares Shipping Limited in Hong Kong…

The Global Centre for Maritime Decarbonisation successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China.The pilot encompassed two phases. In the first phase, Shanghai Qiyao Environmental Technology (SMDERI-QET) conducted a ship-to-ship (STS) transfer of 25.44 metric tons (MT) of captured CO2 from the container vessel MV Ever Top to the receiving vessel Dejin 26. The CO2 was subsequently offloaded from Dejin 26 to a tank truck at a jetty in Zhoushan…

China's military held long-range live-fire drills in the East China Sea on Wednesday in an escalation of ongoing drills around Taiwan, saying it was practicing precision strikes on port and energy facilities but with no details on the exact location.The exercises follow a rise in Chinese rhetoric against Taiwan President Lai Ching-te, who China called a "parasite" on Tuesday, and come on the heels of U.S. Defense Secretary Pete Hegseth's Asia visit, during which he repeatedly criticised Beijing.China…

Two Iranian cargo vessels carrying an ingredient for missile propellant will sail from China to Iran in the next few weeks, the Financial Times reported on Wednesday, citing intelligence from security officials in two Western countries.The reported transactions could make the Chinese entities involved subject to U.S. sanctions aimed at curbing Iran's weapons programs, as the two Iranian vessels are already under U.S. sanctions.The FT said the Iranian-flagged ships, the Golbon and the Jairan…

Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonize operations continues to drive concrete steps forward.The latest order is to supply a complete propulsion package for a 38,000 DWT methanol-ready cement carrier vessel. When built, this will be the world’s largest vessel of its type, and the first with a methanol-ready notation. The order has been placed by NovaAlgoma, a joint venture between the Italian Swiss-based, Nova Marine Group and the Canadian Algoma Central Corporation.

Taiwan raised its alert level on Monday saying China has set up seven zones of reserved airspace and deployed naval fleets and coast guard boats in what a security source described as the first military drills across a broad swathe of the region's waters.A senior Taiwan security official told Reuters that China currently has nearly 90 navy and coast guard ships in waters near Taiwan, the southern Japanese islands and the East and South China Seas, of which around two-thirds were navy vessels.Beijing's defence ministry did not immediately respond to a Reuters request for comment.China…

Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949.The Category 1 typhoon, packing maximum sustained wind speeds near its centre of around 144 kph (89 mph), was about 400 km southeast of Shanghai as of 5:00 p.m. (0900 GMT). It is expected to make landfall along China's eastern coast after midnight on Monday.The China Meteorological Administration issued typhoon red alert on Sunday afternoon…

Taiwanese shipping firm Yang Ming Marine Transport Corp said one of its cargo ships caught fire on Friday at China's Ningbo-Zhoushan Port, one of the world's busiest.Earlier, Chinese state media said an explosion was reported at the port and shockwaves were felt a kilometer away.Yang Ming Marine Transport said a fire occurred on board the YM Mobility while it was operating in the port. No casualties or injuries were reported after the blast at around 1:40 p.m. (0540 GMT), China's official Xinhua news agency said."At present…

Typhoon Gaemi swept through northern Taiwan on Thursday, killing two people, triggering flooding and sinking a freighter offshore, before heading across the sea and into China where it is expected to dump more torrential rain.Gaemi made landfall around midnight (1600 GMT Wednesday) on the northeastern coast of Taiwan in Yilan county. It is the strongest typhoon to hit the island in eight years and was packing gusts of up to 227 kph (141 mph) before weakening, according to the Central Weather Administration.As of 8:30 am (0100 GMT)…

China is providing moorage for a U.S.-sanctioned Russian cargo ship implicated in North Korean arms transfers to Russia, according to satellite images obtained by Reuters, as U.S. concerns grow over Beijing's support for Moscow's war in Ukraine.Britain's Royal United Services Institute (RUSI) think tank said the Russian vessel Angara, which since August 2023 has moved to Russian ports thousands of containers believed to contain North Korean munitions, has been anchored at a Chinese…

China Classification Society (CCS) has issued a first Approval in Principle (AiP) certificate for the marine liquid hydrogen fuel supply system developed by Weishi Energy Technology Hebei.The system design includes a marine liquid hydrogen tank and cold box, supercooled hydrogen storage technology, heat exchange technology, regulated hydrogen supply technology and subcooled hydrogenation technology. Dual-boost functionality ensures rapid system startup, says CCS, and the system…

China Classification Society (CCS) has completed the first approval in principle (AiP) for the design of a methanol bunkering ship in China.The AiP was issued by CCS Wuhan Rules and Research Institute to Zhejiang Seahead Ship Design and Research Institute.The ship, with a maximum capacity of 7,500t and capable of bunkering fuel oil and methanol, is designed to service large ships. The design fully considers the risks of methanol bunkering and the future development of demand in Zhoushan…

Singapore’s first hybrid bunker tanker, Marine Charge, has been delivered to V-Bunkers, Vitol’s Singaporean bunker operations company.The 7990-ton vessel, designed by SeaTech Solutions and built by Zhejiang Shenzhou Sunshine Heavy Industry is fitted with 480Kwh of Shift’s energy storage system (ESS).Shift Clean Energy’s ESS will be primarily used for peak shaving (storing energy during low power consumption for use during peak usage periods, allowing main generators to operate with a more stable load).

Vitol’s Singaporean bunker operations company, V-Bunkers, has announced the imminent delivery of what will be Singapore’s first electric-hybrid bunker tanker.The vessel, Marine charge, features lithium-ion batteries and an automated Power Management System expected to achieve an estimated 10% reduction in GHG emissions.The design configuration enables the auxiliary engines to operate at the most optimal specific fuel oil consumption, while the energy storage system (ESS) performs peak shaving during low power consumption periods for usage of stored energy during high consumption periods.

Russia and China have completed naval drills in the East China Sea, after a week of joint exercises which included practicing how to capture an enemy submarine with depth charges and firing artillery at a warship, Russia's defense ministry said.The Dec.

Authorities in China's eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as one of this year's strongest typhoons is set to make landfall on Wednesday.Typhoon Muifa intensified on Tuesday as it barreled towards the twin port cities of Ningbo and Zhoushan, which share the ranking of second-busiest port in China, in terms of cargo handled.State media said China's 12th cyclone of the year was expected to make landfall between the cities of Wenling and Zhoushan…

Hai Soon Diesel & Trading (HSDT) has taken delivery of the third and final tanker in a series of bunker vessels constructed at Zhejiang Shenzhou Sunshine Heavy Industry Co., Ltd. Built to ABS class, the three 6,060 dwt oil tankers join HSDT’s 21-strong fleet to provide bunkering services to the fishing industry.“Hai Soon is committed to providing bunkering services at high seas and in ports with the highest standards of safety and service quality. We are happy to work closely with ABS in our business expansion with the addition of more energy-efficient vessels to our fleet…

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city, home to some of the world's busiest sea and airports, began locking down half of the city on Monday and intends to do the same to the other half for four days starting Friday in a two-stage testing exercise.While it has kept its airports and deepwater port open…

China has issued new export quotas for the export of low-sulphur fuel oil (LSFO) used to power ships and for other refined fuels such as gasoline and diesel for the rest of 2021, according to a trading source and document reviewed by Reuters on Thursday.Under the new quotas, 1 million tonnes of LSFO can be exported while 1.579 million tonnes of refined fuels can be shipped, according to the source and the document issued by the Ministry of Commerce.The new issue brings this year’s total permits for refined fuel exports to about 38.6 million tonnes…

China's crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import.The world's biggest crude oil importer brought in 37.8 million tonnes last month, data from the General Administration of Customs showed on Sunday, equivalent to 8.9 million barrels per day (bpd).That is down from 9.99 million bpd in September and 10.02 million bpd in the same period last year.Over the January-October period, crude arrivals totaled 425.06 million tonnes,

Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country's fuel security, several sources said.At least five Chinese firms, including state major Sinopec Corp and China National Offshore Oil Company (CNOOC) and local government-backed energy distributors like Zhejiang Energy, are in discussions with U.S. exporters, mainly Cheniere Energy and Venture Global…

Dry bulk shipping company Genco Shipping & Trading Limited said on Wednesday it has reached a deal to acquire a 2016-built 64,000 dwt Ultramax bulk carrier constructed at Zhejiang Yangfan shipyard in China. The vessel, to be renamed Genco Enterprise, is expected to be delivered to Genco between May and July 2021.The purchase marks the fourth Ultramax vessel that Genco has agreed to acquire since December 2020 amid surging rates in the dry bulk sector.John C. Wobensmith, Genco CEO, said, “This latest Ultramax acquisition further grows our presence within the key Ultramax sector that we believe will seamlessly integrate with our strong in-house commercial operating platform.