Industry news - Dongqi Crane Forum

Vietnam's automotive industry needs to deeply participate in global supply

HarryBot — Fri, 11 Aug 2023 03:35:55 +0000

According to the Vietnamese website on August 7th, the participation of Vietnamese automotive industry enterprises in the global supply chain is not deep. A recent study by Toyota Vietnam showed that over 75% of Vietnamese companies often encounter problems in production methods, job standardization, and product quality control. Most companies lack management of product processes or delivery times, resulting in waste and large inventory.

The automotive industry integrates the essence of technology, production methods, and modern management. Only through cooperation and continuous learning can Vietnamese companies improve product quality and seize the opportunity to become a global automotive parts supplier. In early July, the Vietnamese Ministry of Industry and Trade signed a memorandum of cooperation with Toyota Vietnam to help supporting enterprises in the Vietnamese automotive industry increase production capacity and enhance connectivity with automotive companies. Toyota Vietnam has selected 1 official supplier and 7 potential suppliers, and has provided training to 60 Vietnamese suppliers. The total number of domestically produced products in Vietnam's automotive supporting industry has reached nearly a thousand.

Bridge cranes are widely used in the automotive industry. For example, in automobile factories, bridge cranes can be used to transport large components, hot-rolled coils, transformers, and other heavy and bulky items. At the same time, bridge cranes can also be paired with various fixtures or other robotic arms to carry workpieces of various models and weights. I believe that with the development of the automotive industry in Vietnam, the demand for overhead cranes in Vietnam will become increasingly high.

Thailand continues to levy anti-dumping duties on hot-rolled steel coils from China and Malaysia for 5 years

Allen Anderson — Thu, 10 Aug 2023 03:14:29 +0000

According to a report by the Thai World Daily on July 25th, the Ministry of Commerce revealed that on the 10th of this month, the government gazette announced the results of the Dumping and Subsidy Review Committee's review of the necessity of implementing anti-dumping duties in accordance with Article 57 of the 1999 Foreign Goods Anti Dumping and Anti Subsidy Law. It decided to continue to impose anti-dumping duties on hot-rolled steel coils and steel plates from China and Malaysia, with unchanged tax rates for a period of 5 years, covering 162 goods. Chinese goods will be subject to an anti-dumping duty of 30.91% of the CIF price, while Malaysian goods will be subject to an anti-dumping duty of 23.57% -42.51% of the CIF price, valid from July 11, 2023 to July 10, 2028. The exemption from anti-dumping duties or a 0% tax on the above-mentioned goods applies to imports used in the shipbuilding and ship repair industries, with a total annual import volume not exceeding 1000 tons. Additionally, for the mold industry, the total annual import volume also does not exceed 1000 tons. Including goods imported for production and export in accordance with the National Industrial Park Law, Investment Promotion Law, and Customs Law. Thailand has been imposing anti-dumping duties on hot-rolled steel coils and plates from China and Malaysia since 2011, and has reviewed the necessity of taxation in 2016 and 2022, respectively.

Vietnam invests $11.25 billion in oil infrastructure

Fred Mark — Wed, 09 Aug 2023 02:59:47 +0000

Vietnam plans to allocate approximately $11.25 billion by 2030 to develop oil and gas supply and storage infrastructure, ensuring that national reserves can be equivalent to 90 days of net imports. This investment is mainly funded by corporate capital.

According to the plan, Vietnam will build an additional 500000 cubic meters of oil storage facilities by 2030. The new crude oil reserves will be located near refineries such as Rongju, Yishan, and Longshan, with a total capacity of 1 to 2 million tons. In terms of commercial reserves, we will continue to utilize the existing 89 warehouses and expand their capacity to approximately 1.4 million cubic meters. In addition, 59 new commercial oil warehouses will be built in various regions, with a total storage capacity of approximately 5.1 million cubic meters.

After 2030, Vietnam plans to continue infrastructure construction and increase the capacity of crude oil storage tanks to 3 million tons. It is expected to upgrade the 581 kilometer oil pipeline system, followed by the construction of a new aviation fuel pipeline, from the source warehouses in Ho Chi Minh City, Tongnai Province, and Patti Taunton Province to the warehouse at Long Cheng International Airport.

Vietnam will maintain the operation of its existing 16 liquefied petroleum gas warehouses until 2030. The investment will be used for the construction of liquefied natural gas storage infrastructure in Cai Mep Industrial Park in Batitungton and Nantingwu Industrial Park in the northern port city of Haiphong, with a total capacity of approximately 5.1 million tons per year. During this period, liquefied petroleum gas and liquefied natural gas storage systems will also be expanded.

Bridge crane is a widely used lifting equipment in the industrial field, especially in the manufacturing, logistics, and warehousing industries. Its main function is to lift various materials in higher spaces, such as moving from one place to another, or from the ground to higher places.

In petroleum infrastructure, bridge cranes may be used for various tasks. For example, it can assist in handling and installing large components and equipment during the installation and maintenance process of petroleum processing equipment. In addition, it may also be used for handling and storing various petroleum related materials, such as oil extraction equipment, pipelines, chemicals, etc.

The specific application of bridge cranes in petroleum infrastructure may vary depending on the type, scale, and specific needs of the facility. If you need more detailed information, it is recommended to consult relevant professionals or consult specific industry reports.

Vietnam plans to invest $134 billion in electricity development

Auden Barnett — Tue, 08 Aug 2023 03:21:25 +0000

Vietnam's eighth national electricity development plan predicts a total investment of 113.3 billion to 134.7 billion US dollars from 2021 to 2030. Among them, power generation is between 96.6 billion and 119.8 billion US dollars (87% -88.9%), and transmission lines are between 14.6 billion and 14.9 billion US dollars (11.1% -12.9%).

According to the plan, the investment from 2021 to 2025 is $57.1 billion, including $48.1 billion in power generation and $9 billion in transmission lines. The investment from 2026 to 2030 is $77.6 billion, including $71.7 billion in power generation and $5.9 billion in transmission lines.

For large-scale coal-fired power projects, if there is a risk of delay due to difficulties in investment preparation and unclear operations, the Ministry of Industry and Trade will work with project investors to clarify whether the project will continue to be implemented or terminated in accordance with the law.

For projects that play an important role in ensuring power safety, the implementation progress and investment situation should be reviewed quarterly or annually to accurately evaluate the national power supply situation by 2030. If there is any delay, solutions should be proposed.

Offshore wind power projects will be distributed by region. The installed capacity of offshore wind power will be determined during the project implementation process. The scale and location of the project are determined by various regions based on factors such as power generation costs, national grid capacity, transmission costs, and overall impact on local socio-economic development.

Calculate the scale of solar power generation projects based on factors such as implementation feasibility, actual implementation speed, local usage capacity, and production costs. It is planned that by 2030, the total capacity of rooftop solar power projects in the industrial zone will reach 2600 megawatts; Self use solar power generation will cover 50% of office buildings and residential households.

Whether it is in the construction or operation of power enterprises, the demand for overhead cranes in Vietnam's power industry will inevitably increase.

Bridge cranes play an important role in the power industry. Bridge cranes have played an important role in both infrastructure construction and later operation stages.

During the infrastructure construction phase, bridge cranes can be used to lift building components, such as the construction of factories. This reduces labor costs and improves operational efficiency. In addition, cranes can also be used to lift concrete and building stones, playing an important role in the construction of water conservancy facilities.

In the later operation stage, the bridge crane can handle various equipment and major equipment that cannot be moved by manpower. For example, in power plants, bridge cranes are used to transport and load various equipment, such as generator sets, transformers, etc.

In addition, cranes can also be used to clean up various construction waste left over during the construction of facilities, further improving work efficiency.

Overall, the role of bridge cranes in the power industry cannot be ignored, as they play an important role in improving work efficiency and reducing labor costs.

Philippine Ministry of Energy to Release Offshore Wind Power Investment Policy

Craig Minns — Wed, 12 Jul 2023 03:43:24 +0000

According to the The Manila Times of the Philippines, on June 6, Lotila, the head of the Philippine Department of Energy (DOE), said that President Marcos issued Executive Order No. 21 on April 19, which plans to build multiple offshore wind power stations in different locations in the Philippines, improving the Philippines' investment attraction in the field of renewable energy. At present, DOE is urgently researching and formulating policies, such as simplifying project permits, upgrading infrastructure (including port support for offshore wind power), etc. According to regulations, DOE should complete the formulation of an efficient development policy for offshore wind power resources within 60 days after the issuance of the administrative order.

Philippines expected to receive 5 renewable energy investment projects

RatingsKing — Wed, 21 Jun 2023 03:23:27 +0000

According to the The Manila Times on May 29, the Philippine Investment Commission (BoI) predicted that at least five foreign renewable energy investment projects will be launched this year. Deputy Minister of Trade and Industry Rudolf stated that the Philippine government will continue to seek foreign partners to promote digital and sustainable economic development, and achieve the approved investment target of 1.5 trillion pesos this year. BoI expects approved investments to reach 500 billion pesos by the middle of this year. From January to March 2023, the Philippines approved foreign investment of 165.4 billion pesos, mainly from Germany (158 billion), the Netherlands (2.7 billion), the United States (1.2 billion), Japan (524 million), and the United Kingdom (293 million), mainly focused on renewable energy, manufacturing, management services, transportation and warehousing, and agriculture.

The world's largest container ship docks at the Belgian port of Antwerp

SiterNoisa — Mon, 29 May 2023 02:45:07 +0000

399.99 meters long and 61.3 meters wide, capable of holding 24346 containers... Currently, the world's largest container ship, the MSC Loreto, docked at the port of Antwerp, Belgium on the 25th.

According to the Antwerp Port Authority's report on the 26th, on April 19th, the "Mediterranean Loreto" departed from Ningbo, Zhejiang, and arrived at Antwerp Port on the evening of the 25th. This is also the largest container ship docked at Antwerp Port to date.

According to data, the "Mediterranean Loreto" was designed and built by Jiangsu Yangtze River Shipbuilding Group in China, and currently ranks alongside its sister ship, the "Mediterranean Irina" (MSC IRINA), as the world's largest container ship. It has a captain of 399.99 meters, a molded width of 61.3 meters, a molded depth of 33.5 meters, and a deck area equivalent to 3.5 standard football fields. It can carry 24346 standard containers and is truly a "giant" at sea.

The Port Authority of Antwerp stated in a notice that the Mediterranean Loreto was carrying goods such as raw materials, machinery, plastics, rubber, electronic products, furniture, etc. on this voyage; The cargo to be loaded and unloaded will sail to Felixstowe Port on May 28.

The announcement specifically mentions that in order to welcome the arrival of the world's largest container ship, Antwerp Port organized tourists to take a boat to observe the "Mediterranean Loreto" from the water on the 27th. As soon as the news came out, cruise tickets sold out in just a few hours.

Kyrgyz businessman Naren: Every small goal in life cannot be achieved without the development of China

SiterNoisa — Mon, 29 May 2023 02:42:26 +0000

Because of longing, they came to China; Because of their dreams, they chose to stay. When foreigners "meet China", what kind of sparks will they collide with?

The China Asia Summit was held in Xi'an, Shaanxi last week and achieved fruitful results. Today, we will introduce you to a young man named Naren from Kyrgyzstan. Naren has been engaged in international trade in China for many years, earning his first bucket of gold here and realizing his life ideals step by step. Next, follow Chen Huiting, a reporter from the headquarters, to listen to the story of Naren's "Meeting China" together.

Guangzhou in early summer has bright sunshine. In the office, I saw Naren dressed in a shirt and shorts, relaxed and comfortable. This year is his ninth year in China, and Naren has adapted very well to the climate and life in Lingnan. In our country, we need to wear more formal clothes. In Guangzhou, most people wear shorts because the weather is relatively hot. Our capital has a large market, and most of the clothes are purchased from China, at Shaheding and Thirteen Rows in Guangzhou (placing orders)

Naylon is a post-90s youth. His first impression of China comes from the Jackie Chan films and Bruce Lee films he watched as a child. In the movie, kung fu superstars have crisp and agile movements, and the scenes are humorous and humorous. In 2011, when he was 17 years old, he came to China with a research trip to the local Confucius Institute, and saw the long and splendid Chinese civilization, such as the Terra Cotta Warriors in the the Mausoleum of the First Qin Emperor, the Xi'an City Wall, which deeply shocked him. At the same time, he also planted a seed in his heart to return to China.

Three years later, he came to China to study. From international relations to education, he earnestly explores in the classroom. During his time in China, the dazzling array of Chinese goods provided him with tangible business opportunities. When I was a freshman, my cousin called me and said she wanted to buy children's jackets. Then, I went to Yabao Road in Beijing, where there are many wholesale markets and took photos. She said she should buy this. She wholesale two or three styles, totaling 1000 pieces

Later, starting from the clothing trade, Naren's commercial tentacles quickly extended to furniture and electronic products with a relatively complete industrial chain in the Pearl River Delta. Recently, he has also started following the trend and discussing several new energy vehicle businesses. I have many car buyers on my end right now. Today, there is a person from Russia who wants to come to China to buy new energy vehicles. I will pick him up at around 3:00 pm and then go to Baiyun District to buy a car. He wants to buy 6 new energy vehicles. Most of BYD, as well as Aian, Xiaopeng, and Jikron

For Naren, Made in China not only has a complete industrial chain, but also a complete set of trade services. From the first business of purchasing children's clothing for relatives, to studying international trade at a Russian trading company, and now to starting a business with other young people in Kyrgyzstan and conducting cross-border procurement business. Naren's business is gradually getting back on track and thriving.

Naren: The first business was selling clothes, with a total value of 30000 RMB. This year it's electronic products, with about 15 boxes, 400000 RMB. They have already been shipped

Reporter: What was the company's trade volume last year

Naren: About 2 million

In the interview, Naren revealed that he has an ideal of influencing the world. He divided his life goals into three stages, including returning to China to establish factories and developing modern agriculture. He said that everything is progressing step by step, and the "small goals" of each stage cannot be separated from China's development. My first step is to do trade and earn a little more money, my second step is to open a factory, and my third step is agriculture. When I build my own factory, where do I buy the machines? In China. Then where do customers find them? In China. When doing agriculture, in which market do the materials come out and sell them? In the Chinese market

China and Kyrgyzstan are friendly neighbors connected by mountains and rivers, with a common border of approximately 1100 kilometers. This year marks the 31st year since the establishment of diplomatic relations between China and Kyrgyzstan. Naren is very concerned about the China Central Asia Summit held last week and hopes that the two countries will take infrastructure construction and economic and trade cooperation to a new level. Kyrgyzstan and China are good neighbors and friends. I hope that economic and trade exchanges between the two countries will become increasingly close, and cultural exchanges will increase. I hope that the China Kyrgyzstan Ukraine Railway will be completed as soon as possible! I also welcome Chinese friends to visit Kyrgyzstan more and more

China Petroleum Signed the Biggest Order in Global Geophysical Exploration History in the Middle East

SiterNoisa — Mon, 29 May 2023 02:40:44 +0000

Recently, it was learned from PetroChina that China Eastern Geophysical Exploration has made significant breakthroughs in the overseas high-end market, successfully contracting five large-scale land and sea seismic exploration contracts awarded by the world's top oil companies in the Middle East, with a total contract amount reaching a new high in global geophysical exploration history.

In recent years, China Petroleum Eastern Geophysical Exploration has continued to increase its technology, brand, and service marketing efforts, taking the lead in promoting and applying independent advanced technologies such as "two widths and one height" and efficient mixed collection and processing in the Middle East. It has created a number of benchmark projects with industry influence, such as Saudi Arabia S78 and the United Arab Emirates ADNOC, which have been highly recognized and trusted by Party A. At the same time, the company adheres to legal and compliant operations, establishes a responsible international corporate image, and lays a solid foundation for the company to become the largest geophysical contractor in the Middle East region.

This bidding process took over a year. China Petroleum Eastern Geophysical Exploration closely follows customer intentions and technical needs, carefully evaluates the market situation, and formulates bidding strategies. Ultimately, it stands out in fierce competition with more than 10 internationally renowned oil and service companies.

It is reported that China Petroleum Eastern Geophysical Exploration will seize the good opportunity to fully build a new model of overseas high-end markets, and use this project as a breakthrough to promote the export of independent advanced technology and software equipment, and promote the company's overall business to move towards the high-end of the global geophysical exploration industry chain.

Since 2023, the number of entry-exit personnel at the mouth port of the China Vietnam border has exceeded one million

SiterNoisa — Mon, 29 May 2023 02:38:32 +0000

On the 26th, the reporter learned from the Hekou Entry Exit Border Inspection Station that as of 12:00 on the 25th, the total number of entry-exit personnel at the Hekou Port on the China Vietnam border since 2023 has reached 1.0014 million, and the import and export goods have reached 1.0455 million tons. This port became the first port in Yunnan Province to break through the "two one million" in 2023.

Hekou Port is located in Hekou County, Honghe Hani and Yi Autonomous Prefecture, Yunnan Province. It is the largest port in the Yunnan section of the China Vietnam border, facing Laojie City, the capital of Laojie Province, across the river. It has convenient road and railway transportation conditions.

At around 10:00 on the 25th, Ms. Nguyen from Nha Trang, Vietnam, completed the entry border inspection procedures at the Joint Inspection Hall of Hekou Port and became the millionth passenger at the port in 2023. Since the resumption of passenger clearance in 2023, the number of entry-exit personnel at Hekou Port has gradually increased, from over 600 on the day of resumption of clearance to an average of over 8000 today.

In order to serve the high-quality development of port economy and promote the exchange of Chinese and foreign personnel, Hekou Frontier Inspection Station adheres to the principle of "vehicle classification" and "taking measures according to circumstances", and creates three inspection service channels, namely, the "green channel" for rapid customs clearance of fresh agricultural and sideline products, the "green channel" for life assistance, and the "the Belt and Road" dedicated channel for service. At the same time, we will introduce technological inspection equipment such as wireless microseismic life detectors and vehicle bottom inspection robots to achieve intelligent inspection and ensure that port safety management and smooth customs clearance are both "right".