1.Cosco Shipping Ports (CSP) announced that it had sold a 10 percent stake in its CSP Zeebrugge Terminal to French container transportation and shipping company CMA CGM Group's container terminals unit's CMA Terminal.
2.Four million tons of liquefied natural gas (LNG) will be directly shipped to China annually starting from 2019 via Russia’s Northern Sea Route, which becomes China’s new source of clean energy.
3.Orient Overseas International (OOIL) informed that Cosco and SIPG acquired Orient Overseas Container Lines (OOCL). The proposed takeover will cost $6.3 billions.
4.Recently,the first EU LNG retail station equipment,which was independently designed and manufactured by CIMC Enric was put into operation in Herstal, Belgium.
5.Iron ore spot markets remain quiet, showing little reaction to news that Chinese policymakers are moving to shore up economic growth.
6.ABB has announced that it will support the performance and fuel efficiency of COSCO Shipping Universe, China’s largest ever containership at over 21,000 TEU, by providing its turbochargers.
7.The Ministry of Communications has issued a plan that highlights supporting Hainan to fully open up its international shipping business to promote the in-depth reform and opening-up of the tropical island's transportation industry.
8.On July 26,Steel-cutting Ceremony for 22000TEU LNG fueled Mega Container Ship and 18600 cubic meter LNG Bunkering Vessel was conducted in CSSC Hudong-Zhonghua Shipyard.
XINDE MARINE NEWS editor：Anita
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