1.Chinese domestic prices of LNG have surged recently from LNG plants to storage ports, leading to a 53.33% surge from the beginning of October.
2.Qingdao Port successfully completed automatic loading of 7637TEU export container of “MSC Zoe” (including 415TEU of dangerous goods), realizing the world's first traditional container terminal automatic loading of all ships.
3.Mr Fang Jiade, the former Secretary of the Secretariat of the All-China Federation of Trade Unions and the Chairman of the China Seamen’s Association, was hired as the honorary captain of CMES’s NEW VISION.
4.On the afternoon of November 4, 2019, a delegation led by Mr. Andreas Matthä, CEO of ÖBB Holding, visited COSCO SHIPPING headquarters in Shanghai.
5.China will keep its non-state crude import quota unchanged next year, after total quota awards this year look likely to fall short of the government's cap.
6.China has made it easier for trading firms to obtain non-state crude import licences in the Fujian free-trade zone (FTZ), in line with government efforts to speed development of more FTZs and boost energy trade.
7.Mr Xie Chunlin, Chairman of CMES, held a talk with Mr Xie Zhenglin, the Director of Capital Operation Department and the Vice President of CMES, and Mr Chen Gang, the Vice Chairman of China International UNIPEC.
8.The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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