1.China Merchants Energy Shipping issued an announcement saying that the company's overseas single shipping company and the independent third party ADVANTAGETANKERSLLC signed an agreement to sell two 298,000 dwt and 296,000 dwt VLCC tankers, the total price of the agreement equivalent to RMB 521 million.
2.On November 27, M.V. Xin Huang Pu blew the whistle at Haikou Xiuying Port, which marked that Hainan Harbor & Shipping Holding Co., Ltd. completed equity restructuring and started operations.
3.Oil and gas giant China Petrochemical Corp, or Sinopec, has completed the re-gasification capacity expansion work for the second-phase of its liquefied natural gas receiving terminal in Tianjin.
4.Taiwan's Evergreen has ordered four 23,000-TEU ships built two at SSC Hudong-Zhonghua Shipbuilding and another two at CSSC Jiangnan Shipyard, both Shanghai-based, reports Colchester's SeaTrade Maritime News.
5.China saw a faster year-on-year growth of 7% in coal shipment via railway in October, accelerating by 5.2 percentage points from the previous month, showed official data.
6.A delegation from Shimonoseki, Japan visited Taicang, Jiangsu province on Nov 26 in an effort to expand the two cities' port-to-port cooperation into more fields.
7.The Baltic Exchange’s main sea freight index rose for a seventh consecutive session, helped by growing demand for ships across vessel segments.
8.China's iron ore futures finished higher on Monday. The most active contract for January 2020 delivery finished the day session up 1.16 percent to 653 yuan per ton.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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