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China Shipping bulletins on September 13,2018


1.The first automobile ro-ro terminal in Hunan province will become operational at Changsha New Port in October.It will allow cars to be transported on a roller ship,reducing transportation costs.
 
2.Safe Bulkers announced that it has agreed with COSCO Shipping Heavy Industry Co.Ltd.(COSCO), a detailed schedule within 2019 for the installation of Alfa Laval PureSOx scrubbers in about half of the Company’s fleet mainly in medium size vessels,Kamsarmax to Post-Panamax class.
 
3.Guangzhou Port opens offices in Singapore.Capitalising on Singapore's unique position as a maritime hub,the new office will serve as a key strategic outpost and focus on the promotion and development of Nansha Port.
 
4.The Shanghai Futures Exchange successfully completed China's first-ever delivery of crude oil Friday.And J.P.Morgan Futures is optimistic about Shanghai oil futures contract,said Rochelle Wei in an interview with CGTN.
 
5.The global market share for marine scrubbers is predicted to surpass $8 billion by 2024, according to a report by Global Market Insights.
 
6.China is becoming an important player in the development of the NSR from Northern Europe to East Asia via the arctic especially after the launch of Xuelong 2.And arctic shipping routes can warm cooperation between China and Russia.
 
7.CNOOC accelerates the layout and development of LNG industry,preparing for this winter's LNG supply.
 
8.The International Ratings Conference will be held on 14 Sep 2018 at Hilton Shenzhen Shekou Nanhai Hotel in Shenzhen,China to discuss the importance of developing ratings,especially Chinese ratings,in the Shipping Industry to support China’s B&R initiatives.
XINDE MARINE NEWS editor:Anita

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