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News bulletins on May 18,2018


1.China's first self-built world-class vessel for floating production, storage and offloading (FPSO) was handed over to Brazil in Qingdao City of east China's Shandong Province on Wednesday.The delivery of the vessel indicates that China will further strengthen energy cooperation with other countries, and promote "made in China" products overseas. 
 
2.Beijing Gas Blue Sky Holdings Limited completed the acquisition of 29 percent equity interest of an LNG terminal in Caofeidian.
 
3.Five saved and six went missing after a cargo ship sank in Fuzhou sea area off East China's Fujian province, local authorities said Wednesday.Search and rescue works are still ongoing at present.
 
4.China's thermal coal futures rose to a six-week high on May 16 as traders bet on a supply crunch as lower hydro power output and forecasts of a summer heat wave spurred expectations of rising demand for the nation's most-consumed fuel source.
 
5.The Port of Singapore has been crowned the “Best Seaport in Asia” for the 30th time at the 2018 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Shanghai on 15 May 2018.
 
6.A Chinese-built Very Large Ore Carrier (VLOC) which was built by a large Chinese shipbuilder Yangzijiang Shipbuilding company,left a port in east China Monday, officially kicking off its maiden voyage. 
 
7.COSCO Shipping Ports (CSP) first quarter volume increased 15 per cent year on year to 22.7 million TEU while March throughput was up 10 per cent to 7.9 million TEU.
 
8.The 3rd Annual Capital Link International Shipping Forum China was held at Kempinski Hotel in Shanghai, China on April 20, 2018. And 2018 Capital Link China Shipping Leadership Award presented to Captain Xie Chun Lin,the President of China Merchants Energy Shipping Co.,Ltd(CMES).
Sources:XINDE MARINE NEWS

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