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Guangzhou port's news

Guangzhou Port moves forward on provincial port asset consolidation

PostTime:2018-12-17 08:48:14 View:18

China’s Guangzhou Port Group has acquired a 52.51% stake in Zhongshan Port & Shipping Enterprise Group for RMB500m as a start to a ports consolidation plan of Guangdong province. Zhongshan Port & Shipping Enterprise Group will become a subsidiary of Guangzhou Port Group once the transaction completed. As one of the two principal parties involved in Guangdong ports consolidation action, Guangzhou port will integrate provincial port resources through capital increase and assets acquire. The municipal governments of Guangzhou and Zhongshan signed a strategy cooperation agreement to jointly develop port & shipping business and major infrastructure projects. The two parties will co-operate on the fourth phase terminal project in Nansha port area, which is scheduled to be completed in the second half of 2020. The Department of Transportation of Guangdong Province issued plans earlier this year making Guangzhou port and Shenzhen port acted as the two major parties to consolidate port assets in Guangdong and further improve ports operation efficiency and competitiveness. Currently, Guangdong province has five major costal ports of Guangzhou, Shenzhen, Zhuhai, Shantou and Zhanjiang, and two inland rive ports of Foshan and Zhaoqing. By the end of 2017, there were 2,715 productive berths in Guangdong. Guangdong achieved 66.37m teu container throughput and 1.98bn tons cargo throughput in 2017, separately ranking as number one and number two in the country.

JD.com launches parcel delivery in Beijing, Shanghai, Guangzhou

PostTime:2018-10-25 08:46:35 View:66

CHINA's e-retail giant JD.com is entering the parcel delivery business by opening its logistics network to consumers to send parcels around the country. The company expects the strongest demand will come from urban professionals looking for same-day, intracity delivery. The parcel delivery service enables users of the company's app in Beijing, Shanghai and Guangzhou to send items intracity and throughout mainland China using the same delivery service they get when making purchases, reported American Shipper. The company has launched user trials of the parcel delivery service with multiple ways for customers to request pickups. In addition to the JD.com app, shippers can request pickups on a JD Delivery mini programme in WeChat, a social network operated by JD's partner Tencent, and a JD "Delivery Team" WeChat account. JD, which will expand the programme to include high-value items, aims to eventually make residential and business deliveries for shippers from anywhere to anywhere within mainland China, it said. "JD is the only large-scale e-commerce company in the world to operate a nationwide in-house logistics network, down to the last mile. The network, powered by the company's proprietary supply chain management technology, is able to deliver over 90 per cent of orders same or next day and reaches 99 per cent of China's population," the company said in its blog. "Depending on the delivery option chosen, packages may be sent by high-speed rail or air," JD said.     

Port of Guangzhou promotes South China 'city of opportunity'

PostTime:2018-09-25 08:36:19 View:42

A delegation from the Port of Guangzhou brought a roadshow to London this week, to remind of their role as one of China’s largest ports and to drum up support for the city’s hosting of the 31st World Ports Conference of the IAPH (International Association of Ports & Harbours) in May 2019. The port handled 590.12m tons of cargo in 2017, compared to 544.37m tons in 2016, while the number of containers rose to 20.37m teu from 18.85m teu - both rises of 8% year-on-year, it was disclosed. Guangzhou is now reckoned to rank as China’s third largest port and the world’s fifth largest in terms of overall traffic, as well as fifth busiest port in China and seventh worldwide in terms of containers. Mme Yue (‘Ann’) Yuan, deputy director of the Guangzhou Port Authority (GPA), detailed how the city lies in the centre of the Pearl River Delta, which together with Hong and Macau now form a ‘Greater Bay Area’ of combined 65m population that China is keen to develop as a unified regional economy – which if it was a country would be the world’s 12th largest, she added. Historically, under its former identity of Canton, Guangzhou was always the trade gateway to Southern China since the 3rd century, she said, and formed the starting point for the original Maritime Silk Road. Both the city and port plan to play an active role in China’s new Belt and Road Initiative, she added. Today the city and port are regaining their maritime prominence, enjoying calls from all the top lines such as Maersk, MSC, CMA CGM and Cosco. Indeed, Cosco’s Shipping’s decision to headquarter its world-leading bulk and specialised carrier fleets in the city since its merger with China Shipping nearly three years ago had given Guangzhou a real boost, Mme Yuan said, meaning it could now lay claim to being mainland China’s second largest maritime hub (behind Shanghai). The GPA official ended by warmly inviting guests to attend next year’s World Ports Conference, and overseas partners to consider investing in Guangzhou as Southern China’s ‘city of opportunity’.

Guangzhou Port opens offices in Singapore to promote its Nansha terminal

PostTime:2018-09-13 08:48:48 View:28

THE opening of Guangzhou Port Singapore Representative Office is another milestone in the impressive development of Guangzhou Port Group, the company announced. Capitalising on Singapore's unique position as a maritime hub, the new office will serve as a key strategic outpost and focus on the promotion and development of Nansha Port. Present at the event were representatives from major carriers and shipping related industries in Singapore, their attendance only serves to prove the need and value for Guangzhou Port Group to establish a representative office in Singapore for Nansha Port, south of the city of Guangzhou. "Singapore is an important strategic location for Guangzhou Port Group, in the future we will use this representative office to stay in closer contact to our clients and ensure that we provide the highest value services possible," said Guangzhou Port Group vice president Song Xiaoming.  Nansha Port is the main port within the Guangzhou Port area, with a total of 16 deep-water berths and total berth length of 5,718 metres spanning across the first, second and third phases.  In 2017, throughput was 13.94 million TEU, a year-on-year increase of 10.05 per cent, ranking Guangzhou the fourth biggest port in China and seventh in the world.  With over 94 international container services calling at Nansha Port including 35 Asia services, 22 Africa services, 15 Middle East/India services, 13 Europe services, eight America services and one Australia service.  Nansha phase four with four mega vessel berths currently under design and expected to be put into operation by 2020 at which point Nansha Port will have 20 deep-water berths.   

Guangzhou Port Group to expand offices into Europe

PostTime:2017-01-23 12:06:37 View:192

GUANGZHOU Port Group is extending its network of offices into Europe through its partnership with Guangzhou Port (Europe) B V that follows the launch of its partnership with Guangzhou Port America LLC one year ago. "We've been fast growing since the opening of port of Nansha which benefited clients particularly in west Pearl River Delta," said vice president of Guangzhou Port Group, Song Xiaoming. "Our new partnership refers to success last year in the US. We would like to achieve that success also in Europe and to benefit more of the deepsea East-West routes." CEO Johannes Nanninga, Guangzhou Port (Europe), highlights that the group's portfolio of terminals in the Pearl River Delta offers competitive solutions for suppliers and cargo owners who run supply chains in southern and western China. The expansion of Nansha port was completed earlier in the year so all three terminals are now fully operational with extra berths and yard capacity. They are all deepwater berths, enabling the port of Nansha to work over 15 mega vessels this year. Guangzhou Ports is ranked among the top ten busiest container ports worldwide, with the port of Nansha alone handling 11 million TEU on a yearly basis, a group statement said.

Guangzhou Wenchong Shipyard lands feeder boxship orders

PostTime:2016-06-06 08:32:40 View:246

Guangzhou Wenchong Shipyard has landed an order to build four feeder container vessels for US-based Tropical Shipping. The four newbuildings include two 1,100 teu capacity vessels and two 300 teu capacity vessels. Financial details and vessel delivery dates were not disclosed. The Chinese shipyard, subsidiary of China State Shipbuilding Corp (CSSC), said the order would help reinforce the company’s presence in the US market.

MTR's Hong Kong-Guangzhou express rail link approved over protests

PostTime:2016-03-15 08:25:55 View:190

THE Hong Kong Government has approved funding needed for a high-speed rail link to China, giving the green light for MTR Corp to resume building HK$84.4 billion (US$11 billion) project.  Approval was granted after the acting chairman for the finance committee Chan Kam-lam called for a vote amid protests by some lawmakers. At the briefing to announce the decision, Mr Chan was heckled by those who opposed the project.  MTR, three-quarters owned by the government, has been criticised for budget overruns and missed completion targets on the project to connect Hong Kong to Shenzhen and Guangzhou in southern China.  Some lawmakers have called for the link to be scrapped amid repeated delays and escalating costs that swelled to HK$84.4 billion from an earlier estimated HK$65 billion. "As of today, over 77 per cent of the project has been completed," said MTR chief executive Lincoln Leong. "We are confident about the current cost valuation and timetable of the project to be met." Opposition to the link has been brewing since 2009 and has gained in intensity with the emergence of the "localist" movement, which opposes what it sees as encroachment on the local way of life by the Chinese governing and business elites.

Guangzhou Port, Svitzer sign agreement to form joint venture

PostTime:2016-02-01 12:00:09 View:200

Guangzhou Port Group and Svitzer have inked a memorandum of understanding to set up a joint venture providing towage and related marine services at the southeastern Chinese port. The joint venture is expected to offer towage and related marine services within Guangzhou port with three tugs ranging from 5,200 horsepower to 6,800 horsepower. “Signing an MOU with the intention of forming a joint venture is an important step towards providing advanced towage solutions at Guangzhou port. With out increasing business development focus on the large and fast growing towage markets like Asia, it is clearly a step in the right direction towards our strategic objective of profitable growth,” said Kasper Friis Nilaus, chief commercial officer of Svitzer. Guangzhou port is the world’s fifth largest port with more than 100 vessel calls a day and a large towage market.

Guangzhou Hangtong shipyard bags order to build two oil tankers

PostTime:2016-01-21 08:26:02 View:201

China’s Guangzhou Hangtong Shipbuilding and Shipping Co has bagged an order to build two 78,000 dwt oil tankers for a domestic shipowner. The brief statement put up by the shipbuilder neither discloses the shipbuilding contract price nor the newbuilding delivery dates. Hantong said the latest contract is the company’s first order for 2016. The new ships will mainly be used to transport asphalt and petroleum products.

US$427 million Guangzhou port channel expansion gets go-ahead

PostTime:2016-01-06 08:28:31 View:208

THE planned CNY2.77 billion (US$427 million) deep water channel expansion project for Guangzhou port has gained the approval of China's state planner. The National Development and Reform Commission (NDRC) said the expansion works would help Guangzhou Port cope with rising ship traffic and support the development of the Pearl River Delta region, reported Reuters.

Guangzhou Wenchong wins twin boxship order from Lomar Shipping

PostTime:2015-11-09 08:26:09 View:190

China’s Guangzhou Wenchong Shipyard has secured an order for two 2,700 teu container vessels from London-based Lomar Shipping, with an option for an additional two vessels. Financial details of the deal and delivery dates of the newbuildings were not disclosed. Lomar Shipping, subsidiary of Libra Group, had earlier ordered six 2,200 teu container vessels at Guangzhou Wenchong, subsidiary of China State Shipbuilding Corporation (CSSC). The Chinese yard said the newbuildings will be designed by CSSC’s 708 Research Institute. “Under current adverse market conditions, the company has still been able to win orders and at the same time continue to enhance our product offering in container vessels. We also expect to raise our global competitiveness,” Guangzhou Wenchong announced on its website.

Lomar Shipping puts in twin boxship order with Guangzhou Wenchong

PostTime:2015-11-09 08:23:34 View:256

LONDON-based Lomar Shipping has placed an order for two 2,700 TEU container vessels and an option for an additional two vessels with China's Guangzhou Wenchong Shipyard. Lomar Shipping, subsidiary of Libra Group, had earlier ordered six 2,200 TEU container vessels at Guangzhou Wenchong, subsidiary of China State Shipbuilding Corporation (CSSC). Financial details and delivery dates of the newbuildings were not disclosed.  The Chinese yard said the newbuildings will be designed by CSSC's 708 Research Institute, the Seatrade Maritime News reported. "Under current adverse market conditions, the company has still been able to win orders and at the same time continue to enhance our product offering in container vessels. We also expect to raise our global competitiveness," Guangzhou Wenchong said on its website.