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China Shipping bulletins on April 29,2020


1.China is set to release its first-ever quotas to export VLSFO with total volumes of 10 million tonnes for this year, six industry officials with knowledge of the matter said on Tuesday.

2.The challenges faced by seafarers during the COVID-19 and the need to keep on track with IMO’s work to combat climate change were two key issues during a meeting organized by IMO.

3.A new "fruit express" shipping line for Southeast Asia was officially launched on Monday at Dalian port in Liaoning province by China COSCO Shipping Corp.

4.A total of 71 vessels carrying 11.21 million mt of iron ore arrived at major Chinese ports during April 19-25, SMM estimates. 

5.On April 24,China State Shipbuilding Corporation Issues 3 Billion Corporate Bonds on Shanghai Stock Exchange.

6.Crew Change for ‘Key Workers’ at Sea Must be Top of the Industry’s Agenda, says INTERCARGO.

7.Saudi Arabia remained China’s top crude oil supplier in March, despite arrivals slipping 1.6% year on year to 1.7 million b/d or 7.21 million mt.
 
8.Chinese coking coal futures fell on Tuesday to a more than four-month low in response to weak demand from plants with high inventories of steel products.

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