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Chinese submersible explores turbidity current in South China Sea
Xinhua | 2017-05-08 06:53


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Jiaolong, China's manned submersible, is about to dive into the South China Sea, May 6, 2017. Jiaolong explored submarine turbidity currents in the South China Sea on Saturday. Three crew members in the submersible conducted surveys and sampling and measured environmental parameters. They brought back samples of sediment and seawater near the seabed as well as high-definition photos and video footage. [Photo/Xinhua]

ABOARD SHIP XIANGYANGHONG — Jiaolong, China's manned submersible, explored submarine turbidity currents in the South China Sea on Saturday.

With a maximum depth of 2,980 meters, Jiaolong was underwater for nine hours and 54 minutes in its seventh dive in the second stage of China's 38th ocean scientific expedition, which will last until May 13.

Three crew members in the submersible conducted surveys and sampling and measured environmental parameters. They brought back samples of sediment and seawater near the seabed as well as high-definition photos and video footage.

Xu Jingping, a professor with the Ocean University of China, said China started research on submarine turbidity currents, a major challenge in geoscience, relatively late.

"The dive helped us to obtain evidence of the topographic features and sediment of modern turbidity currents in northeastern South China Sea. It enriched our scientific understanding of canyon turbidity current in the region and provided key data and technical support for future research," Xu said.

The 38th oceanic scientific expedition started on Feb. 6. Jiaolong completed a dive in the northwestern Indian Ocean earlier this year as part of the first stage of the mission. It will also conduct surveys in the Yap Trench and the Mariana Trench in the third stage.


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Photo taken on May 6, 2017 shows a biological sample taken by China's manned submersible Jiaolong in South China Sea. Jiaolong explored submarine turbidity currents in the South China Sea on Saturday. Three crew members in the submersible conducted surveys and sampling and measured environmental parameters. They brought back samples of sediment and seawater near the seabed as well as high-definition photos and video footage. [Photo/Xinhua]


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Photo taken on May 6, 2017 by Jiaolong, China's manned submersible, shows escarpment landform in the South China Sea. Jiaolong explored submarine turbidity currents in the South China Sea on Saturday.[Photo/Xinhua]


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Photo taken on May 6, 2017 shows a sea anemone sample taken by China's manned submersible Jiaolong in South China Sea. Jiaolong explored submarine turbidity currents in the South China Sea on Saturday.


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Bi Naishuang (L), Liu Xiaohui (C) and Tang Jialing, wave after conducting a dive mission of Jiaolong, China's manned submersible, on May 6, 2017. Jiaolong explored submarine turbidity currents in the South China Sea on Saturday. Three crew members in the submersible conducted surveys and sampling and measured environmental parameters. They brought back samples of sediment and seawater near the seabed as well as high-definition photos and video footage. [Photo/Xinhua]

http://www.chinadaily.com.cn/china/2017-05/08/content_29241344_5.htm
 
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China seeks up to 85 percent stake in strategic port in Myanmar
08 May 2017

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  • China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, according to documents reviewed by Reuters, in a move that could heighten tensions over China’s growing economic clout in the country. Beijing has been pushing for preferential access to the deep sea port of Kyauk Pyu on the Bay of Bengal, as part of its ambitious “One Belt, One Road” infrastructure investment plan to deepen its links with economies throughout Asia and beyond.
  • A consortium led by China’s CITIC Group has proposed taking a 70-85 percent stake in the $7.3 billion deep sea port, according to negotiating documents seen by Reuters and three people familiar with the talks between the Chinese state-owned conglomerate and Myanmar’s civilian government. The size of the proposed Chinese stake is substantially larger than the 50/50 joint venture proposed by Myanmar late last year, an offer rejected by CITIC, said two people involved in the talks.
  • The port is part of two projects, which also include an industrial park, to develop a special economic zone in Myanmar’s western Rakhine State. CITIC was awarded the lead role in both initiatives in 2015.
  • Negotiations between Myanmar and CITIC, which sources said were set to start next week in the country’s commercial hub Yangon, come amid a Chinese diplomatic push to forge better ties with its resource-rich neighbor.
  • But the country last month signed an agreement that will see oil pumped through the pipeline from Kyauk Pyu across Myanmar to southwestern China, while leader Aung San Suu Kyi is due to visit Beijing for a summit on “One Belt, One Road,” President Xi Jinping’s signature policy, in mid-May.
  • One of the sources, who declined to be named, said CITIC was in the “driving seat” on the port project, and that Myanmar was unlikely to ask for a stake of more than 30 percent due to opposition from the Chinese firm.
  • SPECIAL ECONOMIC ZONE. The nearly $10 billion Kyaukphyu Special Economic Zone, which Myanmar’s government has said would create an economic hub akin to Singapore covering 4,289 acres, is part of Myanmar’s plan to boost the economy in one of its poorest regions. A second consortium led by CITIC has also proposed taking a 51 percent stake in the $2.3 billion industrial park, an offer Myanmar has agreed to, said the two people involved in the talks.
  • CITIC’s consortiums include China Harbor Engineering Company Ltd, China Merchants Holdings, TEDA Investment Holding and Yunnan Construction Engineering Group. The only non-Chinese state-owned company involved is Thailand’s Charoen Pokphand Group.

[reuters]

http://www.shippingherald.com/china-seeks-up-to-85-percent-stake-in-strategic-port-in-myanmar/
 
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Beijing has been pushing for preferential access to the deep sea port of Kyauk Pyu on the Bay of Bengal, as part of its ambitious “One Belt, One Road” infrastructure investment plan to deepen its links with economies throughout Asia and beyond.

Besides B&R, the ports would enable to China to better manage the twin pipelines starting from the port into China.

A win-win proposal for both Myanmar and China. A prosperous and stable Myanmar is better for all peaceful stakeholders in the region.

@Aung Zaya , @Jlaw
 
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China seeks up to 85 percent stake in strategic port in Myanmar
08 May 2017

View attachment 395377

  • China is looking to take a stake of up to 85 percent in a strategically important sea port in Myanmar, according to documents reviewed by Reuters, in a move that could heighten tensions over China’s growing economic clout in the country. Beijing has been pushing for preferential access to the deep sea port of Kyauk Pyu on the Bay of Bengal, as part of its ambitious “One Belt, One Road” infrastructure investment plan to deepen its links with economies throughout Asia and beyond.
  • A consortium led by China’s CITIC Group has proposed taking a 70-85 percent stake in the $7.3 billion deep sea port, according to negotiating documents seen by Reuters and three people familiar with the talks between the Chinese state-owned conglomerate and Myanmar’s civilian government. The size of the proposed Chinese stake is substantially larger than the 50/50 joint venture proposed by Myanmar late last year, an offer rejected by CITIC, said two people involved in the talks.
  • The port is part of two projects, which also include an industrial park, to develop a special economic zone in Myanmar’s western Rakhine State. CITIC was awarded the lead role in both initiatives in 2015.
  • Negotiations between Myanmar and CITIC, which sources said were set to start next week in the country’s commercial hub Yangon, come amid a Chinese diplomatic push to forge better ties with its resource-rich neighbor.
  • But the country last month signed an agreement that will see oil pumped through the pipeline from Kyauk Pyu across Myanmar to southwestern China, while leader Aung San Suu Kyi is due to visit Beijing for a summit on “One Belt, One Road,” President Xi Jinping’s signature policy, in mid-May.
  • One of the sources, who declined to be named, said CITIC was in the “driving seat” on the port project, and that Myanmar was unlikely to ask for a stake of more than 30 percent due to opposition from the Chinese firm.
  • SPECIAL ECONOMIC ZONE. The nearly $10 billion Kyaukphyu Special Economic Zone, which Myanmar’s government has said would create an economic hub akin to Singapore covering 4,289 acres, is part of Myanmar’s plan to boost the economy in one of its poorest regions. A second consortium led by CITIC has also proposed taking a 51 percent stake in the $2.3 billion industrial park, an offer Myanmar has agreed to, said the two people involved in the talks.
  • CITIC’s consortiums include China Harbor Engineering Company Ltd, China Merchants Holdings, TEDA Investment Holding and Yunnan Construction Engineering Group. The only non-Chinese state-owned company involved is Thailand’s Charoen Pokphand Group.
[reuters]

http://www.shippingherald.com/china-seeks-up-to-85-percent-stake-in-strategic-port-in-myanmar/
as my view , 75% would be good. it will be a kick start for the project. it will help regional development alot. :D

Besides B&R, the ports would enable to China to better manage the twin pipelines starting from the port into China.

A win-win proposal for both Myanmar and China. A prosperous and stable Myanmar is better for all peaceful stakeholders in the region.

@Aung Zaya , @Jlaw
agreed.. bro :D
 
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Korea Line chooses Chengxi to build bulker quartet

MAY 8TH, 2017

SAM CHAMBERSASIA, DRY CARGO, GREATER CHINA, SHIPYARDS

Korea Line Corporation has revealed where it placed orders recently for a quartet of bulkers, news that will infuriate yards on home soil desperate for business. Korea Line has chosen Chengxi Shipyard, part of China’s state-backed CSSC conglomerate to build the four 82,000 dwt ships at a reported price of $24.5m each.

The Korean shipowner said, “Thanks to the unprecedented low price, we could secure eco-friendly and highly efficient vessels in order to enter into long-term contracts for bituminous coal.”

Korea Line is owned by Samra Midas Group, a construction firm that also owns SM Line, the world’s newest containerline.

http://splash247.com/korea-line-chooses-chengxi-build-bulker-quartet/
 
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Korea Line Corporation has revealed where it placed orders recently for a quartet of bulkers, news that will infuriate yards on home soil desperate for business. Korea Line has chosen Chengxi Shipyard, part of China’s state-backed CSSC conglomerate to build the four 82,000 dwt ships at a reported price of $24.5m each.

:enjoy:

Smart choice by our Korean partners.

***

Second Crown-63 Ultramax Delivered to Eagle Bulk

US-based operator of dry bulkers Eagle Bulk Shipping has taken delivery of MV Southport Eagle, the second ship from the recently acquired batch of nine Crown-63 Ultramax dry bulk sister vessels.

The 2013-built vessel, previously named JS Mississippi, was purchased earlier in 2017 from Greenship Bulk Trust. The bulker, which was constructed by China’s shipbuilder Dayang Shipbuilding, has a market value of USD 18.5 million, VesselsValue data shows.

Under the deal, which was first unveiled in late February 2017, Eagle Bulk Shipping reached an agreement to acquire six Crown-63 Ultramaxes, while an additional 3 ships were contingent upon final approval from Greenship’s unit holders. The approvals for the additional vessels were granted in March 2017.

“We are pleased to have been able to secure this fleet acquisition of 9 quality Ultramax vessels, and look forward to having them join Eagle’s fleet over the coming months,” Gary Vogel, Eagle Bulk’s CEO, earlier said.

Eagle Bulk acquired the nine ships, which would be renamed after Connecticut coastal towns, for a total of USD 153 million.

With the addition of the 63,500 dwt MV Southport Eagle, Eagle Bulk’s fleet currently consists of 42 vessels on the water, including 4 Ultramax vessels, with another 7 Ultramaxes set to be delivered over the coming months. The company’s pro-forma owned-fleet will consist of 49 Supramaxes/Ultramaxes.

http://worldmaritimenews.com/archives/219541/second-crown-63-ultramax-delivered-to-eagle-bulk/
 
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Korea Line chooses Chengxi to build bulker quartet

MAY 8TH, 2017

SAM CHAMBERSASIA, DRY CARGO, GREATER CHINA, SHIPYARDS

Korea Line Corporation has revealed where it placed orders recently for a quartet of bulkers, news that will infuriate yards on home soil desperate for business. Korea Line has chosen Chengxi Shipyard, part of China’s state-backed CSSC conglomerate to build the four 82,000 dwt ships at a reported price of $24.5m each.

The Korean shipowner said, “Thanks to the unprecedented low price, we could secure eco-friendly and highly efficient vessels in order to enter into long-term contracts for bituminous coal.”

Korea Line is owned by Samra Midas Group, a construction firm that also owns SM Line, the world’s newest containerline.

http://splash247.com/korea-line-chooses-chengxi-build-bulker-quartet/
Is cheaper mean better or just because the Korean dude can save some cash?
 
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What if any container got damaged?

same procedure if an human damage a container.. those companies have extensive insurance policies i'm sure. but it's highly likely that machines will not even make 1% of mistakes that a human will make. it's like asking what happens when you get into a car crash? you let your insurance duke it out and one pays the other, that's why you pay insurance premiums.
 
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