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Shenzhen port's news

Shenzhen's SF Holding forms cargo joint venture with SF China Railway

PostTime:2018-09-06 08:32:39 View:11

SHENZHEN's SF Holding and Beijing-based China Railway Corp have formed a cargo venture to draw in the private sector to bolster state firms' competitiveness, Bloomberg reports. Cargo subsidiary China Railway Express will hold a 55 per cent while SF, the country's biggest parcel-delivery company, will own the rest of the venture.  The pact with SF is part of China's efforts to let railways account for a larger share of cargo transportation to counter rivals in road haulage and increase rail freight 30 per cent by 2020.  It is China Railway's second tie-up with a private firm following the sale of a stake in a unit offering wi-fi on bullet trains to Tencent Holdings and Geely Automobile Holdings in June.  

Maersk Line scraps port call to Shanghai, Shenzhen due to congestion

PostTime:2017-12-19 09:15:47 View:104

DENMARK's Maersk Line is withdrawing in December one port call to Shanghai and another to Chiwan in Shenzhen, a decision prompted by severe congestion at the mainland China ports. "Our network is constantly being reviewed for improved reliability and commercial effectiveness," American Shipper quoted Maersk as saying. "We can confirm we are currently omitting one call in Shanghai and Shenzhen, respectively. This is due to recent frequent operational omissions in these ports - with the aim of improving our schedule reliability. Maersk Line has a very comprehensive service network covering both ports and remain dedicated to serving them with fully competitive products." According to Container Management, Maersk would remove the port calls from its AE2 and AE11 services. "From December 21, AE11 will not call at Chiwan in Shenzhen and from December 22, Maersk's AE2 service will no longer call at Shanghai," the media outlet said. Maersk Line operates 30 services that call at Shanghai and 13 of its services call at Chiwan, data compiled by BlueWater Reporting shows.  

DHL's Shenzhen-to-Minsk rail service along 'Belt and Road' route

PostTime:2017-05-26 08:12:29 View:225

DHL Global Forwarding has commenced a less-than-container load (LCL) and full container load (FCL) rail freight service that uses primarily transportation networks spanning Shenzhen, China to Minsk, Belarus, as part of its Asia-Europe multimodal network.  The service covers new overland connections to several major cities along the proposed route for China's 'One Belt, One Road" initiative. The logistics provider is teaming up with China Brilliant, an integrated service provider in global manufacturing and consumption, to manage this Shenzhen-Minsk rail service. CEO Steve Huang of DHL Global Forwarding in Greater China said in a company statement that this new service is targeted at the electronics, industrial and automotive parts, and fresh foods industries located in both Eastern Europe and China. "Eastern Europe's economies are growing faster than almost any others worldwide, with significant export opportunities arising from the region's rising wages and disposable income levels," said Mr Huang.  "Minsk offers Chinese businesses an efficient gateway into the Baltic States and Nordic countries in addition to other major European destinations like Warsaw, Hamburg and Tilburg via Brest. "With Shenzhen's economy exceeding expectations to grow by nine per cent last year, the route also opens sizable opportunities for European exporters looking to sell to one of China's most vibrant trade and business hubs, or use it as an important gateway to Southeast Asia and the rest of the Chinese consumer market." Mr Huang continued: "Our newest route further supports strategic infrastructure projects designed especially to support the 'Belt and Road', such as the Great Stone Industrial Park, the largest joint project between China and Belarus that will span decades." The new service, he said, also lays the groundwork for further rail connectivity to the Nordic and Middle Eastern states involved in China's "One Belt, One Road" transport and infrastructure initiative. The new route will transit through the Alashankou-Dostyk rail juncture which already services several other multimodal services, including rail connections from Chengdu, Zhengzhou and Lianyungang to Europe.  As with its other "Belt and Road" routes, the Shenzhen-Minsk connection will offer customers real-time GPS tracking of containers and fully managed customs clearance. "The partnerships that DHL has with governments and businesses globally, coupled with our market strength in Shenzhen-based supply chains, have come together to create a solution that directly meets the needs of China's expansion-hungry manufacturers and producers," added the founder of China Brilliant Group, Zhang Chunhua. Details of the new rail route are as follows: The north corridor runs from Suzhou to Warsaw to connect China's engineering and manufacturing hubs to Europe in 14 days. The south corridor from Lianyungang and Chengdu to Istanbul, traverses Kazakhstan, Azerbaijan and Georgia, as well as two sea transit segments, before arriving at Istanbul in 14 days. The west corridor runs from Zhengzhou to Hamburg, Chengdu to Lodz and Shenzhen to Minsk. This connection will support Zhengzhou's electronics manufacturers, Chengdu's hi-tech and automotive industry, and Shenzhen's electronics and contumer industries by providing them with access into Europe. As for sea transits, Japan, Korea and Taiwan is connected to China via ferry services for onwards journey to Europe, as well as Shanghai to Europe via Piraeus, Greece. The road connection links manufacturing bases in Vietnam to Europe via China.  

Zim service starts calling at Shenzhen's Da Chan Bay terminals

PostTime:2017-04-27 08:46:13 View:136

SHENZHEN's Da Chan Bay Terminals (DCB) recently welcomed the arrival last week of Zim Integrated Shipping (ZIM)'s vessel Milano on her maiden West bound voyage of the new Mediterranean Pacific service (ZMP), which covers Asia, East Mediterranean, Black Sea and Pacific North West (PNW). Zim's other vessel, the Ukrayina called at the same facility a day later on her maiden voyage of ZMP's east bound service, which is part of the liner's new deployment this month. In addition to the new ZMP service, the liner's new deployment on the Pacific Trade offers two all water services ZCP - Zim Container Pacific and Z7S - Zim Seven Stars which also call at Da Chan Bay. All of these services are independently operated by Zim and it allows high level of flexibility to the liner serving its customers. Zim deploys 15 vessels with an average carrying capacity of 4,000-5,000 TEU on ZMP service. The west bound of ZMP is to focus on Asia - East Med/Black Sea trades and the east bound is to focus on Asia-PNW trade. ZMP West bound service calls DCB every Thursday while the east bound service calls every Saturday. The port rotation of the service is as below: Shenzhen-Da Chan Bay, Port Klang, Ashdod, Haifa, Istanbul, Novorossiysk, Odessa, Istanbul, Haifa, Port Klang, CaiMep, Shenzhen-Da Chan Bay, Shenzhen-Yantian, Xiamen, Ningbo, Shanghai, Busan, Vancouver, Busan, Qingdao, Shanghai, Ningbo and back to Shenzhen-Da Chan Bay. Offering connections between Asia and the East Mediterranean/Black Sea, as well as Asia and Pacific North West, this new service at DCB will provide direct calls to all major ports for both importers and exporters in China.

DHL eCommerce opens in Xiamen, expands in Hong Kong, Shenzhen

PostTime:2017-03-30 08:43:45 View:156

GERMANY's DHL eCommerce, a division of Deutsche Post, has announced plans to open e-commerce logistics services in Xiamen to serve Fujian province. The company also announced the expansion of its Shenzhen and Hong Kong distribution centres to manage a capacity of 81 million shipments a year.  "China's booming cross-border e-commerce market, estimated to be worth US$839 billion by 2021, is expected to dominate 40 per cent of the global market share," said a company statement.  "The growth momentum in southern China is particularly strong - cross-border e-commerce transactions in Fujian grew 42 per cent to a total value of $28.1 billion, which accounted for 18.5 per cent of the provincial outbound trade in 2015.  "To enable merchants across South China to tap on the huge cross-border e-commerce opportunity and compete in the international market, DHL eCommerce will now provide greater convenience with pick-up service; easy IT integration of their inventory into the shipping process, as well as greater variety of simple and affordable cross-border shipping solutions to reach out to customers across the world," said DHL.  "With exports expected to make up 75 per cent of China's e-commerce turnover three years from now, a strong and reliable logistics framework has to be set in place to meet growing needs," it said.  Said DHL eCommerce China chief Zhi Zheng: "Manufacturing and export hubs like Fujian will be the centre stage of all future growth of e-commerce exports in China. DHL's expertise in international shipping and fulfilment, along with our global network and strong e-commerce expertise will play a fundamental role in connecting China's e-tailers with online markets across the world." 

DHL ships hobbyist drones for Shenzhen Youkeshu Technologies

PostTime:2017-03-23 08:43:33 View:137

GERMANY's DHL Global Forwarding will ship remotely controlled helicopters and other hobbyist items for Shenzhen Youkeshu Technologies, a major Chinese consumer electronics exporter, the company announced. The deal will see DHL establish a dedicated 24/7 freight control tower in Shenzhen to manage Shenzhen Youkeshu Technologies shipments of remotely controlled helicopters to more than 100 countries. As well as providing freight services to Asian, European and British hubs, DHL will also manage Shenzhen Youkeshu Technologies' growing product portfolio. Said Shenzhen Youkeshu Technologies vice president Marpo Wang: "E-commerce has brought complexity to shipment volume, transit time, and cargo-ready dates, demanding a great deal of agility to accurately meet constant swings in demand."  "With more than 100,000 square metres of warehouse storage for around 100,000 SKUs from 4,000 different suppliers, we need a solutions provider who could not only provide a wide range of forwarding modes and routes, but also manage our complex space and delivery requirements in an effective and timely manner," he said.  DHL staff will work with Shenzhen Youkeshu Technologies teams to develop forwarding for its e-commerce division, one of the company's fastest-growing channels for overseas sales. 

Shenzhen port to adopt 0.5% fuel sulphur regulation from October

PostTime:2016-08-26 08:27:38 View:168

China’s Shenzhen port has expected to adopt a stricter requirement for ships at berth requiring them to burn marine fuel with sulphur content not exceeding 0.5%, starting October 2016, according to Huatai Insurance Agency & Consultant Service. The move by Shenzhen port follows other Chinese ports in the Yantze River Delta such as Shanghai, Ningbo-Zhoushan, Suzhou and Nantong, which are required to comply with the country’s own Emission Control Area (ECA) since 1 April 2016. “Recently local authorities in Shenzhen made a similar decision and intend to adopt higher requirement on using low sulphur content fuel (not exceeding 0.5%) during ships berthing at Shenzhen port from 1 October 2016,” Huatai Insurance said in a note on 23 August. “According to the information we obtained, in Pearl River Delta ECA, only at Shenzhen port such requirement will be implemented in advance, namely, from 1 October 2016; whilst at other key ports within Pearl River Delta ECA, such requirement will still be implemented from 1 January 2017 as per original schedule of China MSA (Maritime Safety Administration),” the note stated. “As advised by Shenzhen MSA, they are now working out details on these requirements and plan to issue a formal notice in the end of this month.” Shenzhen port has 10 berths that are equipped with shoreside power, or cold-ironing facilities, which ships can plug onto for electricity power and do away with the consumption of bunker fuel. Internationally, the IMO is mulling a global sulphur content cap of 0.5% by 2020 or 2025, subject to a review in 2018. At present, a cap of 3.5% is being enforced.

GLP China, Shenzhen box maker CIMC tie-up to develop logistics properties

PostTime:2016-08-26 08:20:13 View:163

SHENZHEN's China International Marine Containers and Global Logistic Properties Investment Management (China) are teaming up to develop logistics-related properties. Under the terms of the deal, CIMC will contribute its land reserves, and expertise in logistics equipment, manufacturing and transport services, while GLP (China) will add its experience in managing properties. Both parties are planning to explore opportunities in logistics property development projects, provide a range of service packages to clients in logistics parks, and look to carry out equity-related ventures in the area of financial services, such as financing leasing and supply chain financing. "The agreement was entered into to reflect the interest of both parties in co-operation, serving as the foundation for their further co-operation," CIMC said in a statement. The move by the container manufacturing company, which has been hard hit by the protracted downturn in the container shipping industry, is regarded as a further attempt to diversify its businesses. In June, CIMC Enric, its energy and chemical equipment unit, announced it will acquire the entire stake of UK-based Briggs Group to expand its products and services in the liquid food industry, with opportunities to diversify into the non-beer sectors of the liquid food industry, as well as the biofuel and pharmaceutical sectors. Listed parent companies are China Ocean Shipping (Group) Company, China Merchants Group and China Cosco Shipping.  

Shenzhen's China International Marine plans US$928 million share sale

PostTime:2016-04-13 07:55:00 View:195

SHENZHEN's China International Marine Containers (CIMC), the world's largest shipping container maker, hopes to raise CNY6 billion (US$928 million) in a share sale, reports Bloomberg News. CIMC will sell yuan-denominated stock to a maximum of 10 investors, it said in a filing April 9. The money will be used to fund the development works of CIMC's financial-leasing arm. CIMC's expansion of diversified businesses comes during a global slump in container shipping rates and overcapacity in the sea-freight market. Shipping lines worldwide have been selling assets and exploring consolidations to stem losses as the fees they charge customers plunged after years of slowing trade and overcapacity. The company counts China Merchants Group and Cosco Container Industries among its biggest shareholders.  

Rising fear of mass shipping exodus from Hong Kong to Shenzhen

PostTime:2015-08-11 20:41:23 View:331

THERE are growing fears among shipowners that they will be forced to move operations from Hong Kong to neighbouring Shenzhen if government cannot offer an exemption to new competition rules what would make their vessel sharing agreements (VSA) illegal. Shenzhen on the mainland has no such regulation and if there is no block exemption before the new ordinance comes into force December 14, members of the Hong Kong Liner Shipping Association (HKLSA) see little option but to abandon the port. "A good 10 per cent of our business moves through Hong Kong and it is a nice business," said HKLSA head Tim Smith, also Maersk chief in China. "If everything moves to Shenzhen I will be forced to lay off people and may even lose the business." Guidelines on how the new competition law will be implemented when it is introduced mid-December were released this week. The Competition Ordinance outlaws vessel sharing agreements under which most of the containers entering and leaving Hong Kong operate. "When you think that 95 per cent of the container throughput in Hong Kong comes in or goes out in services that are VSAs or other operational sharing agreements, that could be quite problematic," said Mr Smith. The Competition Commission, an independent agency to enforce the ordinance, earlier said it would consider block exemptions, but said little else since. "We are in a very uncertain situation, and companies like ours do not like uncertainty," said Mr Smith.  "While it is difficult to believe that the Hong Kong government will allow a competition law to destroy its container shipping business, it's inaction has led to a steady decline of the port in the past 15 years.  Mandatory clean fuel is 40 per cent more expensive than regular bunker in Hong Kong. In Shenzhen, use of low sulphur fuel is voluntary, providing another incentive for carriers to shift calls across the border.  

New HK competition ordinance risks driving Maersk to Shenzhen

PostTime:2015-06-23 08:11:39 View:285

MUCH of Hong Kong's container shipping will be made illegal next year if the new competition ordinance is implemented, says Maersk's North Asia chief Tim Smith. If the problem isn't fixed - and it is not susceptible to a quick fix - Hong Kong customers will migrate to more tolerant Shenzhen - Maersk Line included. "Companies like ours do not like uncertainty. We don't want to do something that is not in Hong Kong's interests, like move our business out," he said. "The law makes no allowance for vessel sharing agreements. From January 1. All vessel-sharing alliances [VSA] will be illegal in Hong Kong," he told the Journal of Commerce. "Fines are huge - 10 per cent of turnover, which for us is US$2.7 billion if we do not comply. The way it is going, we will be breaking the law from January 1," he said. "Ninety-five per cent of the container throughput in Hong Kong comes in or goes out in VSAs and that could be quite problematic," he said. While it is expected to take force on January 1, Hong Kong's Competition Commission still has chance to make changes, said Mr Smith. "We are trying very hard to persuade the government to allow exemptions, or more time to arrive at solutions that don't hold back trade in Hong Kong," he said.  "We think there are grounds for an exemption. In all other major jurisdictions - China, the US and Europe - there are exemptions that allow VSAs to operate." The commission has indicated that it will look block exemptions. But Mr Smith said there was lot more to consider than what first appears. "There are quite a few industry segments saying 'we need an exemption'. The process will take months, or even years. What we don't want is business impacted in the meantime." Hong Kong has evolved from a port handling direct China exports to a major transshipment hub, and this cargo could easily move to Shenzhen, he said. Once the world's busiest container port, a refusal to tackle the cost of exporting a box from Hong Kong vis-a-vis Shenzhen saw its market share reduced by the terminals across the border.  "Hong Kong will never be back to being the world's number one container port, but there will be a substantial amount of business here for some time and it is a maritime industry that is worth supporting," Mr Smith said.

Taiwan South China Express calls at Shenzhen's Da Chan Bay

PostTime:2015-05-29 08:21:46 View:282

THE Taiwan South China Express (TSX) service has started calling at Da Chan Bay Terminals in the west Shenzhen port area with a call from the 886-TEU FPMC Container 6.  The Taiwan South China Express (TSX) service is operated by Formosa Plastics Marine Corporation (FPMC) with its partner member line - CU Lines.  The new TSX service connects the Pearl River Delta with direct calls to major ports in Taiwan.  As the last port of call in South China, Da Chan Bay brings advantages to customers, including faster transit time and more time for cargo declaration, said the terminal operator. The TSX calls Da Chan Bay every Thursday, following a port rotation of Keelung, Taichung, Kaohsiung, Huangpu, Humen, Da Chan Bay.  Da Chan Bay Terminals is an international container terminal serving the Pearl River Delta cargo catchment areas.  Da Chan Bay covers 112 hectares with five berths along its 1,830-metre-long quay that is 600 metres wide. It has 15.5 metres alongside, but has plans to dredge to 18 metres.  Occupying a strategic location that encompasses well-developed land and waterway access to both the eastern and western sides of the Pearl River Delta, Da Chan Bay Terminals offers opportunities of capturing new cargo as factories migrate inland west of the Pearl.  Managed by Modern Terminals Limited, which has 40 years of solid experience of container terminal operations in Hong Kong, one of the world's busiest seaports, Da Chan Bay Terminals is equipped with the most advanced IT systems, facilities and equipment available.