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News bulletins on July 4,2018


1.The takeover of Orient Overseas International, the parent company of Hong Kong’s Orient Overseas Container line, by China Cosco Holdings finally appears to be a done deal.
 
2.Taiwan's container line Evergreen has announced enhancements to its current Asia-East Africa service (AEF) - adding to its direct calls in Central and Southern China, in a move to meet increasing and diverse market demands.
 
3.Cosco Shipping Lines last week took delivery of its third 20,000-TEU class box ship, the Cosco Shipping Capricorn at Nantong Cosco KHI Ship Engineering (NACKS).
 
4.China will promote energy-efficient railway and waterway freight transportation instead of fuel-consuming highway transportation, so as to adjust the country's transportation system structure, said a senior official at a press brief held by China's State Council Information Office on Monday. 
 
5.Cruise companies are trying new approaches, including upgraded decor, on-board activities and itineraries, to attract more Chinese.
 
6.Tonghai Port Area of Nantong Port starts operation.
 
7.China's June seaborne iron ore imports are on track to rise to a record high, data on Thomson Reuters Eikon showed, stoking concerns of oversupply as hundreds millions of iron ore are being stockpiled at Chinese ports.
 
8.China has raised the vessel age requirement for imported second-hand vessels.
XINDE MARINE NEWS editor:Anita

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