1.Port of Qingdao has inked a cooperation agreement with the state-owned oil company Zhenhua Oil to jointly develop oil storage facility.
2.Shanghai Terminal has proposed to enter into a consortium agreement with Cosco Shipping Tianjin and other investors to acquire up to 40% equity shares in CCCC.
3.With its geographical advantages, the eastern coastal province of Zhejiang is leading the country's efforts to develop a prosperous national maritime economy.
4.The Ports of Xiamen in eastern Fujian province and Busan in South Korea established friendly relations, according to a signing ceremony held in Xiamen on Aug 20.
5.A Chinese rail company has started selling low-emissions freight containers that keep cold without the need for fuel-generated refrigeration.
6.OOCL has announced a profit attributable to equity holders of US$139 million for the six-month period ended June 30, 2019.
7.The new vessel Sansha II completed its maiden voyage from the city of Wenchang, Hainan Province, to China's southernmost island city of Sansha where it will serve.
8.On the afternoon of 26thAugust, a delegation headed by Dr. Peter Tschentscher, First Mayor of Hamburg visited COSCO SHIPPING headquarters.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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