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More than 500 bulkers hit by severe coal terminal congestion in Asia
Severe port congestion both to load and unload coal is affecting more than 500 dry bulk vessels, according to data from Thomson Reuters Eikon. Bottlenecks at import terminals across China and delays at loading ports in Indonesia’s rainswept Kalimantan island are pushing the price of coal up in recent weeks. Spot cargo prices for Australian Newcastle coal have risen nearly 15% from lows in late November after China loosened import restrictions to help meet a winter fuel shortage. Shipping data from Thomson Reuters Eikon shows around 100 bulkers waiting to load coal off the coast of Kalimantan and another 400 to 500 waiting to ooad their coal cargoes off China, mainly near Shanghai and Ningbo and the Bohai Bay area. http://splash247.com/500-bulkers-hit-severe-coal-terminal-congestion-asia/
Septic tank at centre of huge blast in Chinese mega-port that killed at least 2 people
A septic tank was at the centre of an explosion that ripped through the Chinese mega-port of Ningbo at the weekend, killing at least two people and injuring 20 more, the authorities have said. The blast, which erupted in a vacant lot, was so powerful that it was heard several kilometres away, toppling nearby disused buildings, shattering windows in residential towers and mangling cars.
Ningbo Zhoushan Terminal Renovation Gets Thumbs Up
Ningbo Zhoushan Beilun port’s multi-purpose terminal renovation construction project has successfully achieved environmental acceptance. Beilun Port's renovation project will transform the original Number 1 and Number 2 coal terminals into a multi-purpose terminal. Beilun Port’s renovated multi-purpose terminal is located in the southeast of Hangzhou Bay outside the south side of Jintang waterway. A berth will be designed for small cargo ships, for example a 50,000 DWT container ship or a 40,000 DWT general cargo ship, and will see the transformation of the coastline to reach a total length of 515 metres. With the project, Ningbo Zhoushan Port intends to grow domestic container trade by further promoting port integration. The terminal is being converted to handle containers, bulk, and breakbulk amid dwindling demand for coal, reported Splash247.
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