1.Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services.Ningbo Marine is currently under a major restructuring process in which it plans to acquire all the shipping assets of Zhejiang Energy Group.
2.From January to June of 2018, the total container throughput of Taicang Port, with a total of 196 routes, reached 2.451 million TEUs, an increase of 11.7 percent year-on-year, making Taicang Port the largest container port by container throughput in Jiangsu province.
3.China National Offshore Oil Corporation (CNOOC) has begun production from two infill wells in the Weizhou 12-8 fields in the Beibu Gulf offshore China.
4.China's exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the world's two major economic powers ramp up a bitter dispute that some fear could derail global growth.
5.China's iron ore futures ended higher on Thursday.The most active contract for September delivery finished the day session up 1.49 percent at 510 yuan per ton.
6.In an exclusive interview, the deputy director of the Hong Kong Marine Department, SF Wong, discusses initiatives to meet customer expectations,the latest campaign to overcome chronic staff shortages, and the chances of creating overseas offices as suggested by shipowners.
7.Ship carrying dangerous goods safety supervision and administration of PRC which was approved at the 12th ministerial meeting of the ministry of transport on July 20, 2018 has been issued now.And it will be effective on September,15,2018.
8.Several ship owners and operators are still maintaining wait and watch stance,with an expectation of possible extension from the IMO.However, based on the outcome from the recent meeting of the IMO’s Pollution Prevention,the possibility of any delay is highly unlikely.
XINDE MARINE NEWS editor：Anita
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