China Shipping bulletins on December 19,2019

1.Jinhui Group announced that the seller is an indirect subsidiary with approximately 55.69% equity in the company, and entered into the agreement with the buyer.

2.Starting from December 20, 2019, the new version of the seafarer's certificate is officially issued and used. The old version of the seafarer's certificate is no longer issued. 

3.With the joint efforts of the shareholder management team, the COSCO Shipping Port delegation team and all staff of Vado Terminal, the Vado Gateway terminal in Italy was officially put into trial operation.

4.As the first renewable green corporate bond in Guangdong Province, the first green renewable corporate bond of Zhuhai Port Group in 2019 was successfully issued.

5.COSCO SHIPPING Bulk increased its efforts to acquire high-yield short-haul routes and non-coal sources. The volume of ore freight increased by 16.37% year-on-year.

6.A few days ago,Lloyd's Register announced that it has officially launched a strategic cooperation with CNPC's Safety and Environmental Protection Technology Research Institute. 

7.General manager of the Waigaoqiao Shipbuilding Company visited Nanjing Iron and Steel United Company.

8.Rates for 270,000mt Middle East Gulf (MEG) to China pushed up, from WS100 at the start of the week, to WS112.5.