1.Nanjing Tanker Corp, a subsidiary of Sinotrans & CSC which suffered delisting due to the financial losses nearly four years ago, is now to be rejoin the Shanghai Stock Exchange with stock code 601975 on 8th January, 2019.
2.Hong Kong's Orient Overseas Container Line (OOCL), now a Cosco unit, has announced the cancellation of 14 sailings on the Trans-Pacific trade following the Lunar New Year holiday period.
3.On 2 January 2019, PSA’s Bharat Mumbai Container Terminals Private Limited (“BMCT”) welcomed the first regular service call of Hyundai Merchant Marine (“HMM”)’s China India Express (“CIX”) service.
4.Energy company China Three Gorges Europe, which is also called CTG EU,has invested 35 million pounds ($44.3 million) in a large Scottish of shore wind farm, which when completed will have the capacity to power one million homes.
5.Chinese iron ore prices climbed for a fourth session on January 8 after hitting a 10-week peak a day earlier, supported by restocking demand at steel mills.
6.On the afternoon of January 7, 2019, a delegation led by Dr. Axel A. Weber, Chairman of the Board of UBS AG Group, visited COSCO SHIPPING global headquarters in Shanghai, and had a meeting with Mr. Sun Yunfei, EVP and CFO of COSCO SHIPPING.
7.COSCO SHIPPING Ports Limited today announced that COSCO-HIT Terminals (Hong Kong) Limited (CHT), Asia Container Terminals Limited (ACT), Hongkong International Terminals Limited (HIT) and Modern Terminals Limited (MTL) entered into a Hong Kong Seaport Joint Operating Alliance Agreement.
8.China's coal price edged down 0.1% last week (over December 31-January 6), showed data from the Ministry of Commerce.
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