1.China was re-elected as the council member of International Association of Lighthouse Authorities(IALA) on May 29.
2.China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner, expects crude oil trade between China and the US to show further growth as the world's two biggest economies play complementary roles as producers and exporters of oil.
3.Hong Kong and Finland have signed a comprehensive agreement for the avoidance of double taxation.
4.The People's Bank of China, the country's central bank, said on 24 May it had extended a currency swap agreement with the State Bank of Pakistan.
5.BEIJING - Chinese researchers have developed a device to conduct marine positioning with high accuracy, according to the Science and Technology Daily.
6.Trade frictions will be suspended and China-US LNG cooperation will begin.
7.The 108,000 tons of polar bulk ships, S1250 and S1251,built by the Shanghai Shipyard for Platano Eesti OU are under construction.
8.China was re-elected as a council member of International Association of Lighthouse Authorities(IALA) on May 29.China produced more steel than the rest of the world combined in April, showed data from World Steel Association (worldsteel).
XINDE MARINE NEWS editor：Anita
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