China Shipping bulletins on August 14,2019

1.On August 12, a thematic educational acitivity on “Remain True to Our Original Aspiration and Keep Our Mission Firmly in Mind” and a symposium on cooperation between centrally-adminsitered state-owned enterprises (SOEs) and local departments and enterprises took place at the Xiamen International Conference Center. The acitivity was co-hosted by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and the Xiamen Municipal Party Committee and Government.

 

2.Chinese port machinery manufacturer Shanghai Zhenhua Heavy Industries Co (ZPMC) has come under the radar of China’s environmental protection supervision group over its role in environmental pollution.

 

3.A Chinese survey ship returned to Vietnam's exclusive economic zone off its coast on Tuesday, ship tracking data showed, less than a week after it left the area where vessels from the two countries were locked in a month-long standoff.

 

4.A delegation headed by Mr. Sun Wenkui, Vice Mayor of Tianjin, paid a visit to COSCO SHIPPING and held talks with Capt. Xu Lirong, Party Secretary and Chairman of COSCO SHIPPING. The two sides exchanged views on the development of COSCO SHIPPING’s subsidiaries in Tianjin, pledging to deepen the strategic cooperation between Tianjin Municipality and COSCO SHIPPING to boost the high-quality development of these subsidiaries in the municipality while contributing to the coordinated development of the Beijing-Tianjin-Hebei region.

 

5.China's iron ore futures finished higher on Tuesday.The most active contract for January 2020 delivery finished the day session up 0.40 percent to 627.5 yuan per ton. 

 

6.Global container port demand is heading toward a modest growth and numerous uncertainties, accompanied with muted capacity expansion plans.

 

7.China Shipbuilding Industry Corporation and Guangzhou Shipyard International held a signing ceremony in Guangzhou to jointly sign the supply contract for the supply of domestic fins for the four largest luxury passenger rolling ships built by GSI for the shipowners in Italy.

 

8.Evergreen held a press conference. Zhang Zhengyong, chairman of the group, said that the company is preparing to order more than ten super-large container vessels.

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