1.China COSCO Shipping Corp, China's State-owned shipping and logistics giant, calls for multilateral benefits in its overseas business in economies involved in the Belt and Road Initiative, said the company's chairman.
2.The Port of Xiamen recently established a friendly relationship with the Port of San Antonio, the largest in Chile, making it the Chinese city's 14th international friendly port, according to Xiamen port authority.
3.France’s Total and Guanghui Energy, a China-based company, principally engaged in the natural gas and coal business, have signed a long-term sale and purchase agreement (SPA) for the supply of 0.7 million tonnes per year of liquefied natural gas (LNG) for a period of 10 years.
4.Navigate Response, a global crisis communications network specialising in the international shipping, port and offshore industries, has appointed Russell Green as its Hong Kong representative.
5.The tariff increase has been put on hold while U.S.-China negotiations continue.
6.Dandong Intermediate People’s Court has ruled financially troubled Dandong Port to start a restructuring at the request of the creditors of the port.
7.Guangzhou Maritime Court will hold an auction for the 2011-built 7,200 dwt bulk carrier Tong Cheng 702 via online platform Taobao on May 6 at the request of creditor bank ICBC.
8.KA Petra, a Malaysian ship-to-ship (STS) transfer specialist, has signed a Heads of Agreement (HOA) with Hutchison Port Holdings to jointly develop the world’s largest STS transfer hub in the country.
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