1.Shandong Shipping Corporation is strengthening its capital operations and promoting overseas listings.
2.DNV GL opens the "Artificial Intelligence Research Center" in Shanghai on 18th March.This project not only highlights China's position as a global leader in AI technology, but also marks another important chapter in DNV GL's development in China.
3.China’s Ministry of Transport and National Development and Reform Commission has revised port charging plans and will reduce some port charges starting from 1 April 2019, for a five-year period.
4.China’s southern Xiamen port is upgrading its facilities at Haicang and will expand the Haicang shipping channel to accommodate vessels of up to 200,000 dwt.
5. Hong Kong owner Pacific Basin has made its second acquisition in a week according to brokers.Seasure Shipbroking reports that the company has paid $14.5m to Japan’s Tachibanaya Co for 2011-built supramax Ghent.Last week, Splash reported that Pacific Basin had snapped up a pair of ultramaxes from Tufton Oceanic.
6.On the morning of March 14, Mr. Matthieu De Tugny, President of Bureau Veritas Marine & Offshore visited COSCO SHIPPING headquarters. Mr. Yu Zenggang, Executive Vice President of COSCO SHIPPING met with the delegation and discussed about the shipping and related business.
7.China's iron ore futures ended higher on Monday.The most active contract for May 2019 delivery finished the day session up 1.60% to 632.5 yuan per ton.
8.China, the world's largest gas importer, is set to double the import of liquefied natural gas equipment in the next five years, after shipments of the clean fuel doubled in the last two years on Beijing's concerted efforts to reduce carbon emissions, said a new industry report.
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