1.China recently launched its first independently-developed liquefied natural gas (LNG) ship named "Huaxiang 8"in Zhoushan City of east China's Zhejiang Province,which has successfully gone through related tests.
2.The fourth container project in Taicang port started construction on April 28 with an expected annual throughput of two million containers.With an investment of about 3.8 billion yuan ($596.6 million), the new project is expected to be operational by the end of 2021.
3.Two days of inconclusive US-China talks ended last Friday in Beijing amid signs that the Trump administration is demanding dramatic concessions that challenge core elements of China's economic system and its ambitions for future development.
4.China opens trade in Dalian iron ore futures to foreign investors from May 4, aiming to boost its pricing clout for one of its top imports and hoping traders will take a market notorious for retail speculators more seriously.
5.Research vessel Dayang Yihao, or Ocean No 1, returned to its home port in Qingdao, Shandong province, on Thursday and this is the vessel's first scientific exploration after its overhaul in 2017,which displayed outstanding performance.
6.On Friday, April 20, 2018 Capital Link held the 3rd Annual Capital Link International Shipping Forum – China at the Grand Kempinski Hotel, in Shanghai, China with huge success attracting 400+ delegates. The Forum was held in partnership with Columbia Shipmanagement and Singhai Marine Services, in cooperation with ICBC Leasing and with the support of the Shanghai Pudong New Area Commission of Commerce (International Shipping Service Office).
7.Production of a major ethylene project formally kicked off in Huizhou, Guangdong province, on Wednesday, helping the country reduce dependence on imported petrochemical products,which is China National Offshore Oil Corporation and Shell Nanhai BV's second ethylene cracker at their Nanhai petrochemicals complex in Daya Bay.
8.China's southernmost island province Hainan has announced a plan to attract global investment and talent to advance its development as a pilot international free trade zone.
Sources:XINDE MARINE NEWS
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