China Shipping bulletins on Apr 8,2019

1.Shipowners in Hong Kong debated the use of scrubbers and how a multiple-fuel shipping market will change the industry’s landscape into 2050, during a recent Marine Money conference.

2.The world’s top five shipping lines are all now calling at Liverpool following confirmation that Chinese giant COSCO Shipping is to ship via the port.COSCO Shipping will take slots on an existing Canadian service via Montreal with OOCL. It joins MSC, Maersk, CMA and Hapag in starting or growing a presence in Liverpool.

3.OOCL is very proud to receive the Digital Transformation Award from ESCP Europe – a leading European business school celebrating its 200th anniversary this year. The awards program recognizes outstanding achievements and success in the organization’s digital transformation journey.

4.Liquefied natural gas (LNG) will become a big part of China-U.S. trade once tensions are properly resolved between the two countries, a senior executive from China National Offshore Oil Corp (CNOOC) said on Wednesday.

5.Iron ore futures in China saw their best day in seven weeks on Wednesday, extending a record-breaking rally amid supply disruption concerns flagged by the world’s major sellers of the steelmaking raw material as well as demand from steel mills.

6.A large Chinese-made dredging vessel set sail Tuesday from East China's Jiangsu province for Saudi Arabia to support its offshore oil exploration.

7.China’s coastal bulk freight market saw a overall demand growth last month, according to the Shanghai Shipping Exchange (SSE).The composite index for coastal bulk freight climbed to 992.93 in March, up 4.8 percent from a month earlier, the SSE said.

8.Chinese shipbuilder Jiangsu Wuxi Shipyard delivered the ship-assist tug Lima, a Robert Allan RAmparts 2400-W design to TRAMARSA, a maritime and port operations company in Peru.The new vessel is named after the Lima Civilization, which was established long before the Inca Empire and is also the name of the capital and largest city in Peru.