1.OOCL will continue to operate independently upon closing of the US$6.3bn acquisition by COSCO Shipping,which will make the Chinese carrier the world’s third largest shipping line.
2.The Hong Kong Maritime and Port Board is issuing invitations to join this year’s Hong Kong Maritime Week Orienteering Race 2018.The Early-bird registration deadline is 10 September 2018. Corporate Special Package registration deadline is 30 September 2018.
3.The 13,500TEU container ship "COSCO Shipping Jasmine" was successfully named and delivered on August 7.
4.China Coast Guard officers have detained 3,587 people on suspicion of smuggling refined oil and cracked more than 800 such cases since last year, according to the Coast Guard on Tuesday.
5.The city of Guangzhou announced the opening of another marine shipping route at Guangzhou Container Terminal on July 31 as a cargo vessel docked at Huangpu from Inchon.
6.A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.
7.Wuhan,capital of Hubei province,is taking its function as a major transport hub to a higher level by upgrading its port,building new container ships,and dredging the riverbed to accommodate huge vessels.
8.OOIL and COSCO Shipping Holdings offers can effectively combine the respective strengths of both and optimize our global network,thereby achieving greater economies of scale and synergies,incoming Chairman of OOIL,Captain Xu Lirong,said commenting on the deal.
XINDE MARINE NEWS editor：Anita
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