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Hengyi Petrochemical orders MR tanker fleet at GSI

Hengyi Petrochemical orders MR tanker fleet at GSI May 20, 2021, by Naida Hakirevic China-based petrochemical group Hengyi Petrochemical Co. Ltd. has ordered up to eight 49,600-ton chemical/product tankers at local Guangzhou Shipyard International (GSI) shipyard. As informed, this is the largest single batch medium range (MR) order won by GSI in the past few years. The agreement between Hengyi Petrochemical, GSI and China Shipbuilding Trading was signed on 18 May 2021, according to China State Shipbuilding Corporation (CSSC). CSSC said that the next-generation MR tankers were independently developed by GSI for Hengyi. The units combine energy-saving and environmentally friendly technologies. The latest order brings the total number of ship ordered from China Shipbuilding Trading in the first half of 2021 to 21, including tankers, containerships, roll-on/roll-off (RoRo) vessels and a deep-sea aquaculture platform.

Ferrous News Roundup_SMM | Shanghai Non ferrous Metals

SHANGHAI, May 10 (SMM) – A roundup of headlines across the ferrous sector of the week. 1. Tangshan to import 12,000 mt of recycled steel in May As of the end of April, Shougang Jingtang, China Minmetals and other companies have imported a total of 11,000 mt of recycled steel from Caofeidian Port. Delong Group, Jingye Group, and China State Shipbuilding Corporation imported 12,000 mt of recycled steel from Jingtang Port. Customs department estimated that Caofeidian Port and Jingtang Port will import 4 ships of recycled steel, with a total volume of 12,000 mt, in May, as tariffs on some steel products have been adjusted from on May 1. Many steel and steel-related enterprises in Tangshan have been focusing on ultra-low emissions and seeking low-carbon solutions this year and have imported recycled steel raw materials from South Korea and Japan due  to the implementation of the Recycled Steel Raw Materials on January 1.

Chinese Military-Civil Fusion and Section 1260H: Congress Incorporates Defense Contributors

Chinese Military-Civil Fusion and Section 1260H: Congress Incorporates Defense Contributors Members of China’s People’s Liberation Army (PLA) walk past the Tiananmen Gate in Beijing, China. (Photo credit: Tomohiro Ohsumi/Bloomberg, https://flic.kr/p/ehevvw; CC by 2.0 https://creativecommons.org/licenses/by/2.0/) One provision of the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for fiscal year 2021 requires the U.S. Department of Defense to publish an annual list of “Chinese military companies” (CMCs). Secretary of Commerce Gina Raimondo referenced the provision, Section 1260H, during her confirmation process as a way to handle the “substantial challenges China’s military-civil fusion policy poses to U.S. national security.” But while the 2021 NDAA required the list to be published starting on April 15, the report has not yet been released. 

CMA CGM orders IMO 2020-friendly containerships

CMA CGM orders IMO 2020-friendly containerships May 3, 2021 3:19:pm Summary by: Daniel Graeber Posted in: CMA CGM orders IMO 2020-friendly containerships French shipping group CMA CGM said April 30 it had signed orders for 22 containerships, 12 of which will be fuelled by LNG. For an undisclosed sum, the French company said it signed an order with China State Shipbuilding Corporation for newbuild containerships. The cargo capacity of the 12 LNG-fueled vessels will be evenly split between 13,000 Twenty-foot Equivalent Units (TEUs) and 15,000 TEUs. The other 10 ships will be rated at 5,500 TEUs each and will be powered by very-low sulphur fuel oil. The shipping industry is moving toward VLSFO and other options to meet obligations outlined in the IMO 2020 regime for lowering emissions from the sector.

China Telecoms in 5G Industrial Internet of Things Market Report 2021: Plans and Applications of Three Leading Chinese Telecom Operators

Share this article Share this article ResearchAndMarkets.com s offering. This report analyzes 5G deployment plans and major industrial applications of three leading Chinese telecom operators: China Mobile, China Unicom, and China Telecom. To deepen the industrial IoT (Internet of Things) adoption in the manufacturing sector, the Chinese government the 512-project promotion plans for 5G + industrial Internet no longer after the rollout of commercial 5G services in November 2019. According to this plan, China aims to build five 5G-powered industrial public service platforms, covering 10 critical sectors, and establish at least 20 major industrial applications by 2022. List of Topics Development of three leading Chinese telecom operators in 5G industrial IoT (Internet of Things), touching on a government program and deployment plans of China Mobile, China Unicom, China Telecom, and CBN

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