1.COSCO Shipping Ports announced the completion of merger of Tianjin Container Terminals.
2.China Merchants has entered into an agreement with AVIC International Holdings to acquire 73.87% equity shares in Singapore-listed AVIC International Maritime.
3.Hoegh LNG on its first ever sale and leaseback deal with China Construction Bank Financial Leasing (CCBFL) for its tenth Floating Storage Regasification Unit (FSRU).
4.Though set to become the world’s third largest gas producer by 2027, China’s imports will still grow in the long term.
5.The Port of Hamburg has become the largest sea-rail combined port in Europe thanks to the Belt and Road Initiative (BRI).
6.China National Offshore Oil Corp (CNOOC) will kick off the follow-up project of the first phase of Tianjin-Inner Mongolia natural gas pipeline from late September.
7.China's iron ore futures finished lower on Wednesday.The most active contract for January 2020 delivery finished the day session down 0.85 percent to 588 yuan per ton.
8.The Baltic Exchange's main sea freight index rose to its highest since December 2013 on Wednesday, pushed by strong demand across all vessel categories.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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