Blogs

Shenzhen Group Has Future Plans Of Building The First Offshore LNG Bunkering Terminal In China As you must be aware of, the Shenzhen Port is regarded as China’s largest LNG trading port that is focused on three no less than three LNG receiving terminals. The Shenzhen government has teamed up with the Shenzhen Gas Group, PetroChina, and Yantian Port Group to sign a joint agreement that will soon develop the first offshore LNG bunkering terminal in China. The construction of the offshore terminal has been efficiently planned at the Yantian Port in the South China Sea which is specially designed to harbour an overall bunkering capacity of 230,000 tonnes per year in the upcoming term. The main goal of the project is to provide 2m tons of LNG bunkers every year and it also includes the construction of many advanced LNG vessels. French Organization Perenco Decides To Sell Its Only VLCC Perenco has quite established its mark in the maritime arena by being a well-known French oil and gas player and has recently taken a bold decision to put up its only VLCC for sale, which is being considered as an unpredictable and unlikely move on the part of the vintage tanker specialist. The VLCC is termed as the 306,000 dw Bag Meur and it was formerly known as N.Toaz when Perenco had acquired it in March. Perenco is much appreciated for its unrivaled expertise when it comes to dealing with old tankers and it now owns a few floating storage units along with four other trading tankers. Dubai-Based DP World Announced The Acquisition Of A 51 Percent Stake In TIS Container Terminal DP World is determined to follow a global-based strategy to gain popularity as a trade enabler as well as solutions provider as the modern-day maritime company is focused on utilizing the majority of the supply chain to draw innumerable benefits in the long run. Hailing from Dubai, DP World is extremely famous in the shipping world for offering smart, end-to-end supply chain logistics across the globe and its widespread network includes 123 business units in 54 countries. DP World has finally completed the acquisition of a 51 percent stake in TIS Container Terminal in the Port of Yuzhny in Ukraine. This new project is being declared as the organization’s second partnership with the TIS shareholders. London Gateway Gets Ready To Arm Itself With High-Level Fire Safety Precautionary Measures DP World London Gateway has proven its worth in the maritime arena by strengthening the fire safety regulations and improving the precautionary steps to combat any fire hazard in the future. London Gateway has indeed stressed on a commendable effort to ensure a top-notch standard of fire safety after collaborating with Fire Shield Systems to make sure the site’s machinery and vehicles were always protected from any potential fire hazards. Fire Shield Systems has also focused on the highly acclaimed Dafo system to be installed on all the mobile equipment on site. The Indian Ports Association Highlighted The Importance Of Digitalization For The Shipping Industry As a welcome change, the Indian Ports Association (IPA) has resonated with the opinions put forward by the trade bodies in the Federation of Indian Logistics Association (FILA) to emphasize the significance of digitalization when it comes to the development of the maritime industry. Following this initiative to go and grow digital, there is a need to digitalize the bills of lading as well as the various trade documentations by making appropriate use of the new-age, blockchain technology as connected to the electronic Port Community System. Sources: https://splash247.com/shenzhen-to-build-chinas-first-offshore-lng-bunkering-terminal/ https://splash247.com/perenco-closes-in-on-asset-play-for-its-only-vlcc/ http://www.maritimegateway.com/dp-world-successfully-concludes-acquisition-tis-container-terminal-ukraine/ https://www.porttechnology.org/news/london-gateway-commits-to-high-fire-safety-standards/ https://maritime-executive.com/article/india-launches-digitization-of-the-bill-of-lading-and-trade-documents