1.China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG,Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines.
2.The world's largest silent research vessel built by China was officially put into use, which will pave the way for the cultivation of innovative deep-sea talent and ocean science study.
3.Miami-based SunStone Ships has signed an agreement for the construction of its seventh Infinity-class ship in Hong Kong, China.The vessel, ordered on May 29, 2019, has a long-term charter agreement in place.
4.China and Singapore joint venture Rizhao Port Jurong is set for an initial public offering (IPO) that could raise up to HK$604m ($77m).
5.The Asian Shipowners’ Association held its 28th Annual General Meeting on 28th May in Bangkok, Thailand, hosted by the Federation of ASEAN Shipowners’ Association Thailand. Mr Bhumindr Harinsuit, the 28th ASA President, strongly urged members to continue to stay united so that Asia remains stronger together.Hong Kong’s strongest delegation attend ASA’s AGM.
6.Qingdao port, a vital international trade window and bulk cargo transferring hub in eastern China's Shandong province, is going to offer customized services on iron ore trade, sources reported.
7.China's crude oil futures settled lower on Friday.The most active contract for July 2019 delivery dropped 5.07 percent to 447.7 yuan per barrel, data from the Shanghai International Energy Exchange showed.
8.Seaborne thermal coal imports by China and India hit multi-year highs in May, shipping data showed, contrasting with trends in other regions where there is a shift towards cleaner electricity sources like natural gas and renewables.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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