1.A port in Hambantota,Sri Lanka - a country seen as an important juncture along the Maritime Silk Road under the Belt and Road Initiative has been revived and started gaining economic benefits under the management of China Merchants Port Holdings (CMPort).
2.Changfeng Energy,an energy provider in China,through its unit Sanya Changfeng Clean Energy, signed two LNG supply agreements with companies in China’s Hainan province.The agreement outlines the supply of LNG to the manufacturer for a duration of 10 years beginning from October 1,2018 to September 30,2028 at a price of RMB3.30/Nm3.
3.All 12 crewmembers of the stranded container ship 'Jin Hua' were safely rescued,Taiwan's Maritime and Port Bureau informed.The authorities are now examining a plan to salvage the vessel when the weather conditions allow it.
4.China's iron ore futures ended lower on Monday.The most active contract for September delivery finished the day session down 2.15% at 479 yuan per ton.
5.Cosco Shipping Ports(CSP),one of the world’s largest container terminal operators,said despite the the US-China trade war,as it posted a 70.1% jump in adjusted profit for the first six months ended 30 June 2018.
6.Ocean Installer has been awarded a contract for 3rd Party Verification and Engineering Support work for the Liuhua 29-1 Gas Field Development located in the South China Sea.
7.COSCO Shipping Container Lines has taken delivery of a 20,000 TEU containership built by China's Nantong Cosco KHI Ship Engineering Co(NACKS).The newbuild has been named Cosco Shipping Scorpio.
8.Hong Kong's Orient Overseas Container Line (OOCL) has dropped several more Asia-Europe sailings because of low demand after the National Day holdiay.
XINDE MARINE NEWS editor：Anita
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