1.COSCO SHIPPING Holdings announced itsfinancialresults for the first third quarters of 2019,and the Company had achieved revenue of RMB 111.6 billion, representing an increase of 35.9 %.
2.The construction of China's largest comprehensive maritime scientific research ship kicked off in Shanghai on Monday.
3.Ningbo Marine announced that the company's controlling subsidiary Zheneng Tongli Shipping plans to purchase a second-hand bulk carrier in the near future to update the scrapped ship.
4.The Maritime & Port Authority of Singapore (MPA) and DNV GL have inked a Memorandum of Understanding (MoU) mapping out a three-year R&D collaboration.
5.Drewry Shipping Consultants says that if container carriers “refrain from returning too much capacity, there is a reasonable hope for higher freight rates as we approach Black Friday
6.Xiamen, a scenic coastal city in East China's Fujian province, recorded strong growth in its cruise industry this year although the sector as a whole in China experienced a slight dip after a decade of rapid progress.
7.Chinese state-controlled utility Guodian has issued a tender to buy 680,000t of imported thermal coal for delivery to its power plants in south China's Fujian province.
8.The 6th Global FPSO & FLNG & FSRU Conference 2019 ended in Shanghai on October 25th.The conference focused on digitalization, modularization, contractor, operational optimization.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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