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China Shipping bulletins on September 20,2018


1.Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the company’s Berri Increment Program (BIP).
 
2.The opening ceremony of Dalian Branch of Donghai Marine Insurance Co,ltd. was held on Sep 19.And it is headquartered in ningbo,zhejiang province.
 
3.Bank of China and China Exim ranked the top two of the world's largest shipping investment institutions in 2017,with a portfolio of $17.5 billion and $17 billion respectively.
 
4.Fujian's exports and imports jumped 7.6 percent year-on year to 821.5 billion yuan($119.7 billion) from January to August this year,statistics from the Xiamen Customs show.
 
5.China's iron ore futures closed higher on Wednesday.The most active contract for January 2019 delivery ended the day session up 0.2 percent at 504.5 yuan per ton. 
 
6.Responding to the US government’s announcement on the imposition of an additional $200 billion in protective trade tariffs against Chinese imports,the American Association of Port Authorities urged federal policymakers to consider the negative impacts that tariffs have on port and other trade-related American jobs,including the effects of retaliatory responses.
 
7.American Bureau of Shipping (ABS) has granted the approval in principle (AIP) for the LNG Jumbo, a new carrier design from the Chinese Jiangnan Shipyard Group.
 
8.China's move to impose tariffs on U.S. liquefied natural gas (LNG) imperils the ability of a burgeoning industry to export the bounty of American shale.
XINDE MARINE NEWS editor:Anita

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