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International marine news
China's April crude oil processing volume decreased by 0.3% year-on-year
After hitting a record high in January, the processing volume of Chinese refineries decreased for the third consecutive month in April, but the strong demand for refined oil still supported the refinery operating rate, offsetting the impact of the peak period. According to data released by the National Bureau of Statistics on Friday, China's crude oil processing volume in April was 36.96 million tons, a decrease of 0.3% from the same period last year. According to Dow Jones Newswires, average daily crude oil processing in April was 9.03 million barrels of oil equivalent, down from 9.07 million barrels in March. JPMorgan analysts said that although both the chain and the same year-on-year decline, due to strong domestic demand and more refineries put into operation, China's crude oil processing capacity is expected to be supported; the overall daily processing capacity in 2012 will be Increased by about 900,000 barrels. Huang Wensheng, a spokesperson for China Petroleum & Chemical Corporation, said that in order to ensure the supply of domestic refined oil, Sinopec has been operating at full capacity since last year. Despite extensive equipment overhauls, state-owned refineries have maintained high gasoline and diesel production. The company's 70,000 barrels per day of the Luzhou refinery's gasoline production in the first four months of this year increased, while the company's daily processing capacity of 160,000 barrels of Hainan refinery's steam and diesel production both rose.
2012-05-17
Huitong 38 applies for BP certification
In order to better serve the market and expand our business, we are applying for BP inspection for our ship Huitong 38. Now that the application work has entered the preparatory work, I believe that through the joint efforts of the company's shore base and crew, it can successfully pass the certification.
The company's two CCS stainless steel chemical PO vessels were officially put into operation
Our two IMO2 stainless steel chemical PO ships "Huitong 38" and "Yongshenghua 8" were officially put into operation in June 2011. The two vessels are the highest-profile ships currently built by the company to occupy the high-end fine chemical market. It adopts all-stainless steel cargo tank, cargo pipe and heating pipe system, equipped with Norwegian imported FRAMO cargo pump system, single-cabin single pump, which can simultaneously load and unload more than four different goods. German imported automatic remote control valve, nitrogen filling device, deck shower device , cargo compartment and ballast tank high speed ventilation valve. The ship is CCS-A class, infinite navigation area and direct ship in Taiwan, and through CDI inspection, it can be equipped with a variety of high-risk fine chemicals, including: propylene oxide (PO), acrylonitrile, phenol and so on. There are currently fewer high-quality ships in the market, and we believe in their potential and potential value and will play an important role in the market segment.
The oil price fluctuates at a high level, and the trade is in good condition.
Source: First Financial Daily Author: Zhou Yong April 21, 2011 02:58 On April 20, the international oil price and gold price both rose in the intraday trading. As of 20:42, Beijing time on April 20, the New York Mercantile Exchange's June delivery of light crude oil futures electronic price report It closed at $109.81 per barrel, up $1.53, or 1.41%. Analysts generally believe that the adjustment of oil prices has created a negative impact on industries such as transportation, and has brought tests to the profitability of listed companies in these industries. Overall analysis of the performance of the delivery sector since April, UBS Securities Exchange Industry analyst Wei Qiang is relatively optimistic about the port, railway, highway and other industries, but more cautious attitude towards shipping and aviation. Recently, due to factors such as high oil prices, high inflation and high-speed rail, aviation stocks have been flat in recent days. In terms of shipping, UBS Securities believes that the shipping industry is facing an oversupply situation in the second quarter, and the balance between supply and demand is relatively fragile. At present, the new capacity of dry bulk shipping is far more than demand, and this oversupply situation is expected to continue until 2012. It may have a negative impact on the relevant stocks. For the recent trend of the high-speed rail sector, Wei Qiang said that although the Ministry of Railways recently lowered the operating speed of the passenger dedicated line, the total investment has also been lowered. However, it is expected that the investment in railway locomotives will continue to grow at a rate of more than 20% in 2011. Inter-city rail and overseas expansion are expected to continue to bring certain opportunities. In the short term, policy adjustments and higher valuations may have some suppression in the short term. However, First Venture Securities believes that high oil prices raise cost pressures, but market performance has included the most pessimistic expectations. International fuel has been operating at a high level since 2011, but the current market valuation of the entire transportation sector has basically included the most pessimistic expectation that oil prices will continue to rise. The stabilization of oil prices will form a substantial positive.
2011-04-22
