China Shipping bulletins on May 28,2019

1.Brazil’s Petrobras is scheduled to deliver a VLCC crude cargo to bonded storage facilities it has leased at Qingdao port in China’s eastern Shandong province by end-June, according to a port source with knowledge of the vessel and ship tracking data.

 

2.China's first homebuilt roll-on/roll-off(ro-ro) vessel propelled by both traditional fuel and liquefied natural gas (LNG) left the shipyard on Wednesday in Xiamen City of east China's Fujian Province for sea trials. 

 

3.China's smart cultivation platform "Zhenyu No.1" was officially put into operation in the waters of Lianjiang County, east China's Fujian Province on Saturday, in a bid to expand marine aquaculture industry. 

 

4.China’s latest trade figures provide a fresh look at how commodity flows to the world’s largest importer are changing amid restrictions affecting farm to energy products.

 

5.China’s crude oil imports from Saudi Arabia rose 43 percent in April, making the Middle Eastern OPEC kingpin once again the top supplier to the world’s second-biggest economy, boosted by demand from new private refiners.

 

6.China’s soybean imports from the United States rose in April, helped by an earlier easing of trade tensions with Washington, while imports from Brazil surged after buyers backloaded their March orders to benefit from a tax cut on agricultural products.

 

7.China's iron ore futures finished higher on Monday.The most active contract for September 2019 delivery finished the day session up 4.60 percent to 761 yuan per ton. 

 

8.Chinese state-owned power utilities Guangdong Energy Group and Shenzhen Energy Group received their first jointly purchased LNG cargo at the Dapeng LNG terminal in Shenzhen city on Wednesday, Guangdong Energy said in a statement on its website Thursday.

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