Shanghai is coming out of a strict Covid-19 lockdown that has immobilized the city since March. Even though Shanghai’s port, which tackles one-fifth of China’s shipping volumes, has been functional throughout.
A rogue wave is twice the significant wave height of the region. They are bigger than the other water waves in the surrounding sea at that particular time, and can be deadly since they are unpredictable and may strike a ship anytime.
On 19 May, the world’s largest 24000 TEU Ultra Large Container Carriers (ULCC) No. 2 built by Hudong-Zhonghua was undocked successfully in Changxing Shipbuilding Base.
GTT has received, in March 2022, orders from the Chinese shipyard Hudong-Zhonghua Shipbuilding for the tank design of four new LNGCs (Liquefied Natural Gas Carriers) on behalf of 2 ship owners.
LR has awarded AiP to Dalian Shipbuilding Industry Company (DSIC), the largest shipbuilding company in China, for the first Chinese Newcastlemax bulk carrier concept to be powered by ammonia, a promising zero-carbon-emitting fuel.
About 500 container vessels are currently stuck in congestion outside China’s ports as the “Zero-Covid” policy initiated by President Xi Jinping wreaks havoc on worldwide trade.
Trans-Pacific container spot rates between China and the US West Coast and US East Coast have been on a steady decline since peaking in early January.
DNV recently awarded an Approval in Principle (AiP) certificate to Shanghai Merchant Ship Design and Research Institute (SDARI) for a design of an ammonia-fuelled 7,000 CEU PCTC.
The world’s most powerful electric cruise ship dubbed the Yangtze River Three Gorges 1 was built in China. It embarked on its maiden voyage in Yichang on Tuesday.