1.Chinese cargo ship Tian En,which is the first ice-class cargo ship developed by COSCO set sail from east China's Lianyungang City in Jiangsu Province to a European port on Saturday by the northeast passage of the Arctic shipping routes.
2.The top three containerlines in Taiwan - Evergreen, Yang Ming and Wan Hai - are close to contracting for up to 50 feeder vessels, according to Alphaliner and Braemar ACM.
3.The container shipping world has been cheered by rising spot rates on Shanghai Containerised Freight Index (SCFI) and is now looking forward to a profitable peak season, reports London's Loadstar.
4.Norwegian contractor Prosafe and COSCO Shipping (Qidong) Offshore Co have come to an agreement on three newbuild offshore accomodation units being built in China.
5.Oil prices went down on Friday amid rising supplies from countries including Russia and Saudi Arabia.
6.China's targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess.
7.The Port of Singapore has played a pivot role in the cooperation between China and Singapore over the past few years. It was just on Monday that China's super container vessel Netherlands of COSCO arrived at the Port of Singapore, marking the first foreigner port on its route along the Maritime Silk Road.
8.Oil markets started cautiously on Tuesday, as many traders in Asia were reluctant to take on new positions ahead of the introduction of US sanctions against major crude exporter Iran.
XINDE MARINE NEWS editor:Anita
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