Fuzhou (Hafen)

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Fujian Crown Ocean Shipbuilding Out of Service

Chinese shipbuilding enterprise Fujian Crown Ocean Shipbuilding has seen most of its staff leave the shipyard due to unpaid wages amounting to around USD 1.6 million, according to local media. The loss of some 100 yard workers since July 2015 has negatively affected the shipyard’s operations which had already been hit by reduced newbuilding orders. After the workers filed a lawsuit against the company in July, Fujian was ordered to pay the wages by October, with payments yet to be made. The company attempted to get back on track by leasing parts of the shipyard and selling a 80,500 dwt bulk carrier under construction at the time for scrap. The income from these actions was not represented in the company’s books. Fujian Crown Ocean Shipbuilding, despite not being able to continue its operations, did not yet file for bankruptcy. Fujian Shipbuilding is no stranger to financial difficulties. The company went through a similar situation back in January 2012 when its workers organized a strike over unpaid wages for up to three months. Source: World Maritime News

Fujian to build super large ore terminal

Following the operation of the 250,000 dwt class channel at Fujian Meizhouwan, the port is planning to build a 400,000 dwt class facility, possibly ushering in the Valemax era into China finally. Meizhouwan port plans to build fifteen 50,000-400,000 dwt class dry bulk berths to achieve a total handling capacity of 117m tons. [23/08/13]

PSA acquires stake in Fuzhou terminal

Global port group, PSA International, has acquired a stake in the Fujian Jiangyin International Container Terminal (FJCT) at the Port of Fuzhou in China, making it the second largest shareholder after FPG. 01 Jun 2013