China Shipping bulletins on December 26,2018

1.China's farthest offshore wind farm came into use on Thursday in Yancheng, east China's Jiangsu Province, as 72 turbines of the farm's third phase project started operation in full capacity. 

 

2.The ship departed with a whistle on what is now its regular route at Xiamen port in Fujian province on Dec 24, marking the official launch of the first container liner route identified as Silk Road Sea Transport in Fujian.

 

3.China plans to build 212 national logistic hubs and form a national logistics hub network in line with the advanced economic system by 2035, thepaper.cn reported on Monday.

 

4.China plans to gather more resources to compete with South Korea in the field of building liquefied natural gas or LNG carriers, industry insiders said.The country has already overtaken many of its global rivals in two sectors: offshore engineering products and mega container vessel shipbuilding, they said.

 

5.Chinese grain trader joins group looking to make greater use of blockchain and AI in moving dry cargoes.COFCO International has agreed to join the recently announced plan to standardise data and digitise global agricultural shipping transactions.

 

6.China's iron ore futures closed lower on Tuesday.The most active contract for May 2019 delivery finished the day session down 0.72 percent to 486 yuan per ton. 

 

7.China's coal prices slipped 0.3% during the week ended December 23, showed data from the Ministry of Commerce (MOC).

 

8.China National Petroleum Corporation (CNPC), one major oil and gas supplier in China,churns out record daily output to secure gas supplies.
XINDE MARINE NEWS editor：Anita

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