• 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.




2018 December 12

15:26 Okskaya Sudoverf launches first dry cargo carrier of Project RSD32M
15:02 American Petroleum Institute (API) awards bolt fatigue testing program contract to DNV GL
14:25 Giant Octopus added to the CPC’s stock of ER equipment
14:01 London hosts global port environment experts
13:20 Pola Anatolia, dry cargo ship of RSD59 design, successfully passed sea trials
13:01 Newcastle Container Terminal to deliver savings for regional NSW
12:36 Sovcomflot BoD considered the Group’s financial plan for 2019 and a forecast for 2020-2021
12:01 Diana Shipping announces time charter contract for m/v Ismene with Koch
11:49 Yury Trutnev appointed as head of revised State Commission for Arctic Development
11:22 Three icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 11-12
11:00 COSCO SHIPPING Ports partners with Abu Dhabi Ports to create regional trading hub and Middle East gateway for Belt and Road
10:47 Throughput of Rostov-on-Don port in 11M’18 up 15% Y-o-Y to 22.9 million tonnes
10:20 Brent Crude futures price up 1.16% to $60.9, Light Sweet Crude – up 0.67% to $52.3
10:11 Full bonded area is opened in Port Bronka
10:01 WMU welcomes ITF General Secretary and President
09:59 GTT receives an order for the tank design of two new LNG carriers
09:44 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is down to 1,364 points
08:28 Boskalis Ndurance’ cable trencher successfully tested at Alexiahaven
08:05 Maritime Blockchain Labs announces new consortium to improve crew management

2018 December 11

17:59 ASW Severomorsk of RF Navy's Northern Fleet makes a call to the Republic of Djibouti
17:33 Diesel submarine of RF Navy’s Pacific Fleet conducted training exercise in the Sea of Japan
17:10 Port of Antwerp International to consult USPA on tariff setting, concession and environmental policy
16:46 Van Oord supports the 6th Forum of Dredging Companies as its Sponsor
16:21 Yamal LNG reached full capacity
16:02 Hapag-Lloyd announces rates from Indian Subcontinent & Pakistan to North Europe
15:32 Georgia Ports Authority on track for 4.3M TEUs in 2018
15:20 Four new sponsors confirmed to join line-up at 2019’s Maritime Reconnaissance and Surveillance Technology conference
15:02 Hapag-Lloyd announces rates from Middle East to North Europe
14:48 Draft law on Arctic administration approved in the third reading by Russia’s State Duma
14:32 ECSA welcomes the decision by the EU Commission to update the EU list of ship recycling facilities
14:02 Global Ship Lease announces new long-term charter agreements with CMA CGM
13:32 Maersk Broker Bulk Chartering and Wonsild Dry to merge as of January 2019
13:15 Throughput of port Kavkaz in 11M’18 grew by 13% Y-o-Y to 45.61 million tonnes
13:02 COSCO SHIPPING Ports and Abu Dhabi Ports inaugurate CSP Abu Dhabi Terminal
12:46 Throughput of Russian seaports in 11M’18 grew by 4.2% to 746.81 million tonnes
12:13 Alfa Laval sells more than 100 GCU units for LNG newbuilds
12:01 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
11:44 One icebreaker escort operation performed in eastern part of Gulf of Finland during 24 hours on December 10-11
11:40 The second phase of IMO-implemented safe and sustainable ship recycling project in Bangladesh starts
11:17 Bunker prices are flat at the Far East ports of Russia (graph)
10:58 NYK сoncludes long-term charter agreement for three LNG carriers with MC
10:30 MAN Cryo and partners develop marine liquid-hydrogen fuel-gas system
10:05 Port of Gdansk reports new quarterly record
09:39 Brent Crude futures price up 0.37% to $60.19, Light Sweet Crude – up 0.31% to $51.16
09:16 Baltic Dry Index is up to 1,385 points

2018 December 10

18:08 US major retail container ports imports reach 2 million containers in October 2018
17:50 Taganrog Sea Commercial Port spent USD 67,300 for its environmental programme in 9M’2018, up 6% YoY
17:27 Icebreakers of FSUE Rosmorport assisted 322 ships in navigation season 2018-2019
17:06 Nexans awarded contract for the manufacturing, delivery and installation of 350 kV HVDC submarine cable in the Philippines
16:49 Throughput of port Riga (Latvia) in 11M’18 climbed by 6.5% Y-o-Y to 33.1 million tonnes
16:33 Konstantin Ponomarev appointed as head of RS Nuclear Ships Branch
16:10 Ship Recycling Transparency Initiative launches new online platform
15:58 MOL to participate in construction, ownership, operation of FSRU for Jawa 1 gas-fired IPP project in Indonesia
15:52 MOL LNG сarrier LNG Fukurokuju rescues castaway
15:26 Gasum consolidates its position as the leading Nordic LNG provider
14:58 NIBULON Shipbuilding and Repair Yard adds a new high-capacity German crane to its cranes
14:25 BIMCO publishes two 2020 sulphur clauses
14:00 Average wholesale prices for М-100 HFO down to RUB 16,794 in RF spot market
13:09 EU NAVFOR marks 10 years of operations