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China Shipping bulletins on Apr 18,2019


1.China has tested the world’s first armed amphibious drone boat with success. Built by Wuchang Shipbuilding Industry Group, under China Shipbuilding Industry Corporation (CSIC), the drone ship 'Marine Lizard', passed delivery checks and left the factory on April 8.
 
2.China’s Shanghai port has recorded a 12.4% increase in container handling volumes in March compared to the year-ago period, according to Shanghai International Port Group (SIPG).
 
3.The Chinese corporation placed an order for firm 81,200 dwt bulker quartet at COSCO Yangzhou, according to information provided by Intermodal Shipbrokers.
 
4.The first LNG receiving terminal funded by a domestic private enterprise will start construction of its submarine pipelines this year in Zhejiang province, and upon completion, it will reach an annual handling capacity of 3 million metric tons in 2020, said CEO of ENN Group.
 
5.MLast week, the Ministry of Transport of Latvia and companies from the transport sector took part in the China International Logistics Week in Xi'an. One of the most important events was the International Logistics Exhibition 'China Western International Logistics Expo 2019, during which the Freeport of Riga signed a cooperation agreement with the Port of Qingdao in China.
 
6.On April 11, 2019, Mr Xie Chunlin, Chairman of China Merchants Energy Shipping (CMES), met with Mr Fan Qiang, Vice President of China Classification Society, and his fellows in Hong Kong. Mr Huang Lifan, Deputy General Manager of CCS Hong Kong Branch, and Mr Chi Yingyuan, Chief Captain of CMES, also attended the meeting.
 
7.China's crude oil futures settled higher on Wednesday.The most active contract for May 2019 delivery gained 0.81 percent to 472.1 yuan per barrel, data from the Shanghai International Energy Exchange showed. 
 
8.State-owned transportation equipment maker China International Marine Containers has taken control of ailing Canadian brewing machine maker Diversified Metal Engineering to further expand its presence in the North American market.

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