1.CSSC plans to spend RMB 50 bln (USD 7 bln) on building a 2 km sq cruise ship industrial park in Baoshan District, Shanghai.
2.Two leading Chinese groups CPECC and CNPC have signed agreements with NPCC, a part of the UAE's Senaat, to explore joint collaborative opportunities in both onshore and offshore oil and gas sectors.
3.Oman Shipping Company (OSC) has held a naming ceremony for the latest addition to the company’s Dry Bulk fleet, the Jabal Shams. The ceremony marks the official handover of the vessel from Zhoushan Changhong Shipyard to OSC.
4.Northern Chinese port of Yantai inked the strategic co-operation framework agreement with the world’s largest iron ore producer Vale to promote iron ore product sales and explore new opportunities.
5.Haikou Maritime Court has listed Brightoil Petroleum’s 2013-built VLCC Brightoil Gem for sale in an online auction scheduled on November 19.
6.Yang Ming hails a new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.
7.The installed capacity of wind power in eastern China's Jiangsu province stood at 27.66 GW as of the end of June 2019, accounting for 21% of China's total, according to a new energy forum held in Jiangsu.
8.Shipping industry leaders debated the industry’s decarbonization challenge at a high-profile ABS panel at London International Shipping Week.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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