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China Shipping bulletins on November 20,2019


1.On November 18, STENA ESTRID, an advanced RoPax built by AVIC Ship and China Merchants Jinling Shipyard(Weihai) for Swedish STENA, was successfully delivered.

2.China’s SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has completed an operating lease deal for two containerships with CMA CGM.

3.Chinese state run energy conglomerate China National Offshore Oil Corporation (CNOOC) has appointed Wang Dongjin as the new chairman of the group.

4.PPA S.A. announces that November 18th 2019 at 9:58 a.m. was handled the container with number CSUN7025891,reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year. 

5.On November 15, China Standard Inspection Co., Ltd. (CSIC), a subsidiary under COSCO SHIPPING Logistics, received the letter of acceptance for the bauxite inspection and testing project of Chinalco in Guinea. 

6.SMM estimates that 87 vessels carrying 11.81 million mt of iron ore arrived at major Chinese ports during November 10-16, up 530,000 mt from the week ended November 9.

7.Nearly 70 experts and leaders from the logistics and maritime industries are speaking at the ninth Asian Logistics and Maritime Conference (ALMC), which opened today at HKCEC. 

8.China’s record crude imports in October were matched by healthy processing rates at refineries, but even so the country still seemed to be stockpiling oil at a blistering pace.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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