1.Ningbo-based iron ore trader Henghou Group is looking to clear out its shipping fleet, having put its two VLOCs up for sale.
2.The administrators of bankrupt Zhejiang Ouhua Shipbuilding has managed to sell the entire assets of the shipyard during a second round auction.
3.On the afternoon of August 20, a delegation headed by Mr. Cai Jinlong, Chairman and Party Secretary of Guangzhou Port Group, paid a visit to COSCO SHIPPING.
4.Chen Xuyuan,former chairman of Shanghai Port Group, was elected as the chairman of the new China Football Association.
5.The equity transfer agreement of Qingdao Port, Yantai Port, Rizhao Port and Bohai Bay Port Group was signed in Qingdao.
6.ZIM's second quarter net profit was 5.1 million US dollars, turning losses into profit.
7.China's iron ore futures finished higher on Thursday.The most active contract for January 2020 delivery finished the day session up 1.1 percent to 591.5 yuan per ton.
8.The 20th edition of Marintec China, a showcase of the latest maritime technologies and products, will be held at the Shanghai New International Expo Center from Dec 3 to 6.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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