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China Shipping bulletins on Feb 14,2019


1.Chinese state-run shipping major Shandong Shipping has announced plans to set up a joint venture with ICIL Maritime Leasing, a Hong Kong-based unit of ICBC Leasing.
 
2.Guinea's bauxite exports to China increased by 38.3% to 38.2 million tonnes last year, marking the second year the West African country beat Australia for the top spot, according to Banchero Costa analyst Chong Hui Ru.
 
3.Gu Mingzhang, captain of COSCO SHIPPING LIBRA, checks equipment aboard the ship at the Port of Antwerp in Belgium,China's 20,000 plus twenty-foot equivalent unit (TEU) container vessel COSCO SHIPPING LIBRA docked at the Port of Antwerp on Tuesday. 
 
4.The box volumes handled by HPH Trust edged down slightly in 2017,by just 1%.The total of 24.03m teu reflected mixed fortunes where the Kwai Tsing facility in Hong Kong saw throughput drop 6.6% to 10.62m teu.Hong Kong’s poor showing was almost compensated for by volume increase at Yantian International Container Terminal,across the border. YICT recorded throughput of 13.41m teu,up 3.8% compared to 2017.
 
5.China has confidence in its ability to maintain stable trade growth in 2019 thanks to a raft of positive factors, a senior commerce official said Tuesday.
 
6.China's iron ore and steel futures eased on February 12 after surging to their highest levels in multiple months in the previous session, as speculators tended to sell positions amid concerns over trade talks between Beijing and Washington. 
 
7.China's crude oil futures settled higher on Wednesday.The most active contract for March 2019 delivery was up 0.93% to 432.5 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. 
 
8.China's cruise industry is undergoing a transition from rapid expansion to quality development against the background of a slowing national economy.It only took 12 years for China's cruise business to grow into the world's second-largest from nothing.

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