中远和中海之合併
2014.03.01
一：本期头条 一般來说世界之船务公司在市场疲乏时都会寻求合併以便减轻费用和提高效律.中远和中海也是如此尽弃前嫌携手合作创造未來.
Cosco, China Shipping form strategic alliance
Wednesday, 26 February 2014 | 20:40
As many global shipping lines band together to counter the market's prolonged downturn, China's two dominant shipping operators are putting behind their dueling past to form a strategic alliance.
State-owned giants China Ocean Shipping (Group) Co (Cosco) and China Shipping (Group) Co, have agreed to cooperate and share resources in crucial business areas, including ports, logistics and shipbuilding, in addition to actual shipping, reported The Wall Street Journal.
The arrangement between the formerly intense rivals underscores the significant financial pressures they face at a time of rock-bottom freight rates.
With the pact, signed earlier this month, the companies said they hope to "improve the influence of Chinese shipping companies in the world shipping industry".
The global shipping market is entering its sixth year in the doldrums as many large ships ordered during the industry's heydays were put into service just as the economic slowdown slashed cargo demand. Traffic on Asia-Europe routes was particularly weak over the past few years.
Overcapacity has meant that freight rates remain subdued, despite a pick-up in some key routes, hurting profits of major shipping companies.
Beijing-based Cosco is the world's fifth biggest container shipping company, based on fleet size, and China Shipping the ninth largest.
The deal between Cosco and China Shipping comes just as a major route-sharing alliance between the world's three biggest container shipping operators gets set to launch in the second quarter. Denmark's Maersk Line, France's CMA CGM and Switzerland's Mediterranean Shipping Co are expected to receive approval on their tie-up from the US Federal Maritime Commission, people familiar with the matter said earlier this month, though the commission will likely attach conditions to ensure fair treatment for smaller competitors, freight forwarders and fuel providers.
"It is increasingly challenging for a standalone shipping operator to operate on international trade lanes," said Zhang Yongfeng, deputy director at the Shanghai International Shipping Institute.
For China Shipping, the tie-up with Cosco raises expectations that the Shanghai-based company will pool its international container shipping capacity by joining an alliance led by Cosco.
Members of that alliance, called CKYHE, include Japan's Kawasaki Kisen Kaisha, Taiwan's Yang Ming Marine Transport, South Korea's Hanjin Shipping, and its newest member, Taiwan's Evergreen Line, which joined last week.
Guo Huawei, board secretary at Cosco's listed shipping unit, declined to comment on any changes to the international alliance. China Shipping couldn't immediately be reached for comment.
Some analysts say that the closer collaboration between Cosco and China Shipping could be seen as a partial step toward a merger.
"The agreement does not constitute merger talks, but it represents a solid step towards becoming a consolidated Chinese container carrier," said Alan Murphy, chief operating officer at container shipping consultancy SeaIntel Maritime Analysis.
Still, many industry experts say that both companies wouldn't benefit significantly from an all-out merger, because of the difficulties for state-owned companies to cut staff and reduce overlaps in order to improve efficiencies.
China's transition toward a free-market economy had encouraged competition among state-owned enterprises, pitting Cosco – which was established more than five decades ago – against the smaller China Shipping. The companies have competed on international routes, benefiting from the earlier robust demand from the West for Chinese-made consumer goods. The companies had even poached employees from each other, a sign of intense rivalry.
Cosco's significant port and bulk-shipping assets have helped it build a more significant global profile than China Shipping. But Cosco made bad bets on China's continued expansion, boosting capacity just as the shipping market was collapsing, sinking the firm in deep losses.
China Cosco Holdings, Cosco's publicly listed arm, said earlier it expects to return to profit in 2013 but only with the help of large asset sales. Meanwhile, China Shipping Container Lines says it will likely swung to a 2013 net loss of US$431 million because of market competition.
Source: CargoNewsAsia
Chinese making a global mark in building LNG vessels 中国LNG造船技术在世界上己占有一席之位.
26-2-2014
Chinese shipbuilders secured 23% of the global orders in liquefied natural gas tanker construction in 2013, which analysts have attributed to rapid advancement in construction technology over the past 5 years and the reform of the country’s shipbuilding sector.
China only produced its first LNG tanker in 2008 but has been fighting to win orders and gain technical knowhow in the past 5 years.
It is expected to increase its natural gas demand in the future as the government seeks cleaner energy sources and reduce its dependence on crude imports. In 2012, China imported 16 million tonne of LNG, which is expected to rise to 77 million tonne by 2030.
A report said that “At present, China receives most of its LNG from Qatar, but as new markets open up or grow such as in Australia, Canada and East Africa, Beijing would want its state owned energy enterprises to own their own LNG tanker fleet.”
In 2012, about 12% of the global order book for LNG tankers had gone to Chinese builders, which increased to 23% as of December 2013.
South Korea’s Daewoo and Samsung Heavy Industries took 68% of the orders in 2013.
Source: Exim News Service
Singapore plans to build second LNG terminal 当新加坡第一座LNG接收站于2月 23日开始运作时政府立即宣布准备兴造第二座并在第一座增加第四个储气罐.
By Marcus Hand
from Singapore 25/2/2014
Singapore is planning a second LNG terminal even as its first one officially opens.
Speaking at the official opening of the Singapore LNG (SLNG) on Tuesday Singapore Prime Minister Lee Hsien Loong said it was studying sites in the east of the country for a second LNG terminal.
PM Lee cited restrictions to expanding the current SLNG facility, which started operations in May last year. Located to the west side of Singapore on Jurong Island the terminal can only be expanded to a total of seven tanks with a capacity of 15m tonnes per annum (mtpa).
The terminal currently has three tanks with a capacity 6mtpa with plans for a fourth tank to expand capacity to 9mtpa.
Singapore plans to add a fourth tank to its LNG terminal that officially opened on Tuesday.
The terminal, which started operations in May 2013, currently has three tanks with a capacity 6m tonnes per annum, with a second jetty opening in March.
“Plans to add a fourth tank and more facilities to bring the terminal’s throughput capacity to at least 9m tonnes per annum are well under way,” Bob Tan, chairman of Singapore LNG said at the official opening ceremony.
“We are in the midst of the tender process to select a suitably qualified contractor and the final investment decision, including the award of the Engineering, Procurement and Construction (EPC) contract, is expected at the end of Q2 of this year.”
To date 18 LNG vessels have called the terminal delivering 1.08m tonnes of LNG.
Singapore continues in its ambitions to grow as LNG trading hub and has actively attracted supporting services companies to set up in the city state.
“We hope to see more market players establish a presence in Singapore. This will not only support the growth of the domestic gas market, but will also allow Singapore to contribute to efforts to build deeper regional gas markets by serving as a trading and pricing hub for LNG.”
Published in Asia, Middle East & Africa, Port & Logistics, Tankers
CHINA’S FIRST LNG SHIPOWNER 在香港注册之中国LNG国际船务公司将是中国第一个LNG船东, 业务范圍包括LNG船务的管理和进口
Hong Kong: China LNG Shipping (International) Co (CLSICO) is a Hong Kong-based LNG shipmanagement company whose role is to manage LNG ships importing LNG into China. It was created as part of China’s first LNG import project, importing LNG to a new receiving terminal in Dapeng Bay in Guangdong province. It was established in April 2004 as a collaboration between majority Chinese interests – Cosco and China Merchants - and an experienced LNG ship operator - BP Shipping. As a further collaboration between Chinese and foreign participants, the ships to be managed were all built in Shanghai’s Hudong-Zhonghua shipyard, based upon a design from France’s Chantiers de l’Atlantique and with construction supervision services provided by Shell. From the start, the ships were crewed by a mix of Chinese and Western sea staff, the former seconded from Cosco and China Merchants, the latter from BP Shipping.
From these early beginnings, the CLSICO managed fleet has grown to six, serving the Dapeng LNG terminal (3 ships), the Fujian LNG terminal (2 ships) and the Shanghai LNG terminal (1 ship). The six are sister ships – of 147,000 cu m capacity, with membrane containment systems and steam propulsion.
In July 2013, BP Shipping exercised an option to exit from CLSICO, selling its shares to China National Offshore Oil Corporation (CNOOC).
“Despite BP Shipping’s exit, CLSICO will continue to be resourced by a combination of Chinese and Western staff, in the office and on the ships, CLSICO’s general manager Paul Oliver tells Maritime CEO.
Oliver stresses that CLSICO is only focused on China-linked business and there are no plans to stray from this aim.
“CLSICO’s role is to serve Chinese projects. We were not established and we do not intend to bid for projects that have no China connection,” he says.
Looking at rates for LNG carriers, Oliver says: “With a lot of new capacity being delivered, rates for voyage charters look like being lower this year than they have been for some time, but how long that will last is not clear,” he says.
Most of these new ships will eventually find their way into new projects, Oliver says, explaining that a number of terminal projects are behind schedule which has led to surplus capacity.
In terms of large LNG carrier construction in China, Shanghai’s Hudong-Zhonghua continues to have a monopoly, but Oliver reckons others such as Dalian Shipbuilding Industry Co and Nantong COSCO KHI Ship Engineering (NACKS) are capable of building these expensive ships. The challenge they and others face is that only Hudong-Zhonghua has a track record.
“LNG shipowners tend to be highly risk averse, so this is hard market to break into,” Oliver says, adding: “But there is a lot of business to go around, so I would not be surprised to see a second Chinese yard building LNG ships within the next few years.” [27/02/14]
Construction Begins on First LNG Containership 第一艘用LNG为主机燃科之货箱船已在美国开工.
Posted by Eric Haun
Tuesday, February 25, 2014
The first cut of steel on TOTE's new Marlin Class hull #495.
Fireworks marked the first cut of steel in a ceremony last night as construction of TOTE, Inc.’s new Marlin Class, the first liquefied natural gas (LNG)-powered containership in the world, began at the General Dynamics NASSCO shipyard in San Diego, Calif.
“These ships, will be the most advanced, environmentally progressive vessels of their kind,” state Representative Duncan Hunter (R-Calif.), Chairman of the House Subcommittee on Coast Guard and Maritime Transportation said, “but they also represent $350 million in U.S. investment, 600 American shipyard jobs, and the bright future of the indispensable domestic maritime industry.”
The Marlin class vessels mark a new age in American shipbuilding. TOTE’s back to back announcements in 2012 - converting its existing RO/RO fleet in Alaska and investing in new containerships for the Puerto Rico trade, began what can only be described as a change of tide in the U.S. maritime industry toward LNG as the new maritime fuel.
Clean burning, LNG offers unmatched environmental benefits, reducing emissions below even the world’s most stringent standards. The new Marlin class will create a reduction of sulfur dioxide (SOx) emissions by 98 percent, particulate matter (PM) by 99 percent, nitrous oxide (NOx) and carbon dioxide (CO2) by 71 percent over TOTE’s ships currently operating in Puerto Rico.
“The move to LNG fuel is no less significant than the evolution from sail to steam,” said Mark Tabbutt, Chairman of Saltchuk, TOTE’s parent company, “the Marlins represent the start of a new age in American maritime.”
Speakers at last night’s event included Representative Duncan Hunter; Acting Maritime Administrator, Chip Jaenichen; Chairman of Saltchuk, TOTE’s parent company, Mark Tabbutt, and Kevin Graney, General Manager of the NASSCO shipyard.
“We are excited to begin construction of the lead ship on this historic project,” said Fred Harris, president of General Dynamics NASSCO. “All of the stakeholders on this first-of-a-kind program, including NASSCO, our Korean partners DSEC, TOTE, ABS, and the USCG, are completely focused on its success. We are beginning construction at a level of design, planning and material readiness that is unsurpassed.”
The Marlins, which will home port in Jacksonville, Fla., will enter service in late 2015 and early 2016. TOTE recently announced it entered into an agreement with Pivotal LNG and WesPac Midstream to provide LNG to the ships.
toteinc.com
其他新闻:
1. -中国四大国企油轮公司于2013年大大的提高国轮装运进口原油之百分比但尚未达到国家所订之60-70%.
2. -DNV GL船级社在新加坡成立亚洲总部.
3. -淡水河谷在马來西亚西岸所兴建之矿砂石转口码头即将启用.
4. -中国于2013年共进口石油气 (LPG) 35.4万吨较去年12月上升9%.
5. -中亚国家乔治亚 (Geogia) 权宜国船舶注册单位上月共登记6条油轮. 其注册港为 Batumi.
6. -巴拿马运河扩展工程经己复工.
二：造船 (New Building)
1. -江苏 Hantong造船厂接來自 Spar Shipping之 2+2 x 64,000-dwt Ultramax 型新船订单. 交船期为 2015/2016.
三：港口 (Terminal)
1. -加拿大温哥华港货车司机于去月26日进行2天罢工.
2. -马來西亚于马六甲海峽之Port Klang将建17米水深和可每年运作3,000万箱位之新码头.
3. -沃洲政府评估 Newcastle (世界最大装煤港) 每年租用价值达10亿美元.
四：海难(Casualty)
1. -丹麦旗 ’Svenborg Maersk’ (1998) 7,226-teu上月14日在英伦海峡遇到恶劣天气导致 520个货箱跌进海中.
2. -巴拿马旗 ’Mokpo Star’ (2012) 82,852-dwt上月25日在哥伦比亚河Astoria港搁浅, 因是空船于涨潮时自行脱险.
3. -荷兰旗 ’Hanze Goteborg’ (2013) 35,000-dwt上月25日在 Portsmouth港搁浅, 后经拖船帮助于2月27日脱险.
五：买卖/租贷 (S/P & Chartering)
1. SALE AND PURCHASE
Vessel Size Built Buyer Price (Mln$)
Nichihiko 281705 1999 China 25.20
Montigny 115418 2003 Greek 22.50
Million Trader 76446 2004 Eurobulk 21.50
Barito 73008 1996 S.Korea 7.20
Triton Stork 56024 2004 Undisclosed 21.00
Alabama Belle 41808 1986 Greek 4.50
Pacific Elfin 35062 2001 Greek 14.00
West Fortune 28417 2009 Undisclosed 17.50
Eastern Knight 8924 2003 SE Asia 9.00
Bomar Eris 8025 2008 MSC 9.60
2. SOLD FOR DEMOLITION
Vessel name D/W Built Buyer Price
New Venture 291640 1992 China 405
M.Faruk 63494 1984 India 452
Hanjin Irene 62742 1994 India 486
Eurocargo 20731 1981 India 482
3. CHARTERING
Handy
The Atlantic handy/supra market experienced a downward trend this week but not a dramatic one. TA rates are down around USD 800 w-o-w lead by less activity and fewer fresh cargoes to be fixed.
In the Pacific however we see rates coming up a bit.
Coal cargoes for early March dates have been covered and prompt ships open in Singapore area are able to achieve a good
14k for Indo coal rounds. NoPac rounds are being fixed at around USD 10k for ships with good specs and the activity for short periods are again back in the market. Owners are asking 13k for short periods bss Feast delivery while some chrts
are holding a bit back before willing to come close to those levels.
Panamax
The Panamax market has continued to decline in the Atlantic. Some owners are willing to take the lower levels whereas
others are holding back and waiting for a better tomorrow.
T/A rounds are now being fixed at levels around 6-7k depending on the trade on T/C, whereas voyage rates are easily
50% less.
Ships able to breach INL are in for a small premium.
In the Eastern hemisphere the week started off positive, via a wait and see mode to gradually become weaker.
Pacific rounds are being fixed in region of USD 11-12k for NOPAC,less for Indo/India. With a huge number of ships
In ballast for ECSA grain business, the recent upward trend has changed to a negative. 15+500 APS is the going number / 39 pmt. The gap between spot and period market is still significant. A Kamsarmax was reported fixed for one year at USD
15,500 bss Spore delivery,another 14200+425 GBB bss Cape Town whereas good Panamaxes should be able to get high
13 ́s for same. Expectations for ECSA grains are still alive.
Capesize
Cape paper continues to be aggressively bought and it appears the physical has beeń kickstarted ́.Some gains on theWestAustralia/China
And Tub/China route have been witnessed in the last few days (fixing slightly north of9 PMT and 21 PMT respectively at the time of writing). The steep contango to spot continues to widen.3FFA contracts have soared up toUSD26,250 while the rear end of the curve has also pushed up with Cal 15 trading at nearly USD 24k. The market is pricing in increased iron ore supply from
West Australia set for Q2,and if this displaces domestic Chinese production,it will create a very favourable environment for Capes.
We are already witnessing the iron ore price declining to it scurrent level USD116PMT (62% CFR Tianjin). Period rates are reflecting the paper, and USD 25,500 is being bid on good units for period of 2 years now.
4. GENERAL COMMENT
Strong activity this week, with 14 new buildings reported.
The mix includes a little bit of everything. The new slightly increased price regime has not yet drawn out masses of potential buyers, but looking back most will claim the order books are full as they are.
For most major yards 2016 is filled up, in some cases even 1Q2017, this time brings us to 36 month lead time for large ships.
5. NEWBUILDING CONTRACTS
Type No Size Yard Owner Del
BC 2 208000 dwt YZJ Cardiff 2017
BC 2 64000 dwt Jinling Swiss Marine 2016
Chem 2 45000 dwt Minaminippon MOL 2016
PC 2 50000 dwt Minaminippon AP Moller 2017
MT 2 320000 dwt DSME wilco 2016
LPG 4 84000 cbm DSME ShandongShp 2016-2017BRIEF
六. 2014/2/28 远东2004年造二手船平均价值:
种类 油轮 干散货轮 集装箱轮 (teu)
船型 VLCC Suezmax Aframax Cape Pmax Supramax Handy P/Pax Pmax Handy
吨位(万) 31 16 11 18 7.5 5 3 6500 4000 1400
价值(万美元) +0.2% +6.7% -0.5% +1.2% 1.5% 3.0% -2.0% 0.0% -4.9% 0.0%
七：2014/02/13船用燃油价格(每吨/usd)
来源: Bunkerworld
IFO 380 __IFO 180 MDO MGO
新加坡 600 611 903 918
鹿特丹 580 603 ----- 878
休士顿 600 670 ----- 1010
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备注: tbn = to be named ldt = light d/weight ton
usd = u.s.dollar mtpa = million ton per annum
cbm =cubic meter tpa =million metric ton per annu
