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THE FIRST UNMANNED SHIP BASE WAS ACCOMPLISHED IN ZHUHAI, CHINA

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China first unmanned ship R&D base construction was finished on the 8 th . And it officially named Xiangshan Marine Technology Port. As a key project in Guangdong Province and Zhuhai City, the total investment of the base is nearly 300 million yuan. They are focusing on the unmanned ship marine equipment industry chain. The project covers an area of ​​32,000 square meters. The total construction area of ​​the first phase project is over 50,000 square meters, and the sea area can be used for about 26,000 square meters. Berths are up to 31. Zhang Yunfei, founder and chairman of Fang Yunzhou Intelligent Technology, said that Xiangshan Marine Technology Port is equipped with indoor laboratory, test pool and offshore testing area. He said: "Depending on the development of this port, we expect to increase the speed of unmanned ship technology accumulation and technical iteration by five to ten times." It is reported that Xiangshan Marine Science and Technology Por...

THREE IMPORTERS FROM SOUTH KOREA WERE FOUNF ILLEGALLY TRANSORTED INTO THE NORTH KOREAN COAL

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On the 10th, the South Korea Customs released the results of the investigation into the “shipment of the coal from North Korean”. It is reported that the three South Korean importers provided a falsifying origin to transport coal and pig iron into North Korea illegally.   The investigation confirmed that these three importers imported North Korean coal and pig iron which is worth 6.6 billion won in seven times between April and October last year. These importers re-exported the cargos to other ships in Russian ports, and then marked the country of origin to be Russia and shipped them to South Korea. Two importers of the three importers used the same method to transport Korean coal into South Korea, remarked it as Lanco, which did not need to submit the origin, in order to avoid customs interception. According to the survey, the international community has completely banned the import of coal from North Korea, causing the price of coal to plummet, and the involved companies have shi...

STAR BULK COMPLETES ACQUISITION OF 16 BULK CARRIERS

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Star Bulk Carriers announced that it has completed the full-share acquisition of 16 bulk carriers from Augustea Atlantica SpA and York Capital Management. The company stated that the final consideration for the acquisition of the Augustea vessel is 10.3 million shares of common stock of the company, equivalent to approximately 11.3% of the ordinary shares of Star Bulk after the Augusta ship acquisition. As part of the transaction, the company will assume approximately $309 million in debt. Upon completion of the acquisition of the Augustea vessel, Raffaele Zagari will be appointed as a C-director of the Star Bulk Board of Directors. The company will own approximately 91.7 million shares of common stock. Star Bulk is a global shipping company that providing global shipping solutions to the dry bulk industry. Star Bulk's fleet is primarily bulk carriers, which include iron ore, media, grain, bauxite, fertilizer and steel products. The Augustea Group is a shipping service provid...

DP WORLD ACQUIRES UNIFEEDER

One of Port Operators in Dubai, DP World, will acquire the largest pan-European regional offshore operator, Unifeeder. On August 7, DP World signed an agreement with the company's major shareholder Nordic Capital Fund VIII, which is worth 660 million euros (about 76.36 million US dollars) to acquire 100% of Unifeeder's shares. While waiting for regulatory approval, the acquisition is expected to be completed in the fourth quarter of 2018. It is reported that Unifeeder will continue to operate as a fully independent multi-user under the existing management. It will be expected to bring additional growth. DP World hopes to increase its influence in the global supply chain and expand its product range to improve efficiency and competitiveness of global trade. Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem, said that: “More and more arrangements of super-large container ships positive affect the high-quality docking service of container ship hub terminals. That means a lo...

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In Shanghai International Shipping Center Yangshan Deepwater Port Four Phase, we only can see busy cranes and automated guided vehicles, but no staff. By the end of July this year, the terminal had formed a production scale of 13 bridge cranes, 70 rail cranes and 80 automatic guided vehicles. Reported on August 8th: The vast terminal is almost empty, remotely operated bridge crane of double trolley container, unmanned automatic guided vehicle (AGV), automatic control rail type gantry crane (track crane) etc. Under the circumstance of unmanned operation, the loading and unloading operations are carried out in a busy and orderly manner. It is the daily work of the "Yangshan Phase IV" automated terminal. The world's largest and most automated container terminal has been put into operation, which accelerate its entry into the forefront of the world shipping center, as well as, further consolidate its port container cargo handling capacity in the world. The automated termi...

The latest news of the trade war!!!

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On Tuesday (July 31), Beijing time, it is reported that Trump plans to increase the tariff on Chinese goods which are worth 200 billion dollars from the original plan of 10% to 25%. It seems that Trump is aim to increase the pressure on China to return to the negotiating table. However, Negotiations between the United States and China have not played a role in relieving tensions.   According to other source, the plan has not yet been finalized and it may change any time, while the United States and China are still in a trade war. The relevant public hearings will be held from August 20th to 23rd. If the tariff is really raised, it must be announced before the hearings.......  If you want to see more pictures, and learn more,pls click here:   http://sowoll.com/en/blog/post/447-the-latest-news-of-the-trade-war  Hope you want to learn more about SOWOLL (A reliable logistics company)

China-Vietnam Narrow-gauge Railway has more than 580 lines, sending 220,000 tons of goods. | Sowoll

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According to the China Railway Kunming Bureau Group news, as of the end of July this year, there are more than 580 lines of China-Vietnam Narrow-gauge Railway, totally sending 220,000 tons of goods. It will be surely a convenient passage for interconnection between southwestern China and Southeast Asian countries. In 1910, the China-Vietnam Narrow-gauge Railway was a convenient passage for China to connect to Southeast Asia. In order to amplify the international intermodal operation of Narrow-gauge Railway, as well as, enhance the brand effect of the international intermodal transport of Narrow-gauge Railway. At the end of 2017, China and Vietnam had ambition to improve the quality of railway transport by standardizing the lines mode of train organization. So after the agreement between the railway authorities of China and Vietnam, the organization of the international rail transit (Kaiyuan - Haiphong) began.   Yunnan Yuntianhua CO., LTD Honglin Branch imports raw materials from...