1.On December 27,Zhejiang Seaport Asset Management Company's subsidiary Zhejiang Seaport Finance Leasing completed a 49 million yuan ship ownership settlement and fund payment.
2.China’s Ministry of Commerce is expected to award the independent refining sector with oil products export quotas next year as Beijing steps up efforts to support private companies to play a bigger role in the economy.
3.As a tougher regulation on sulfur emissions from ships, known as IMO 2020, comes into effect from Wednesday, Chinese shipping operators are beefing up efforts to adapt to new rules regarding bunker fuel.
4.Transpacific carriers through mid-December have announced post-Chinese New Year blank sailings that far exceed the average number known at this point in the last seven years, reports IHS Media.
5.Just two days before the IMO 2020 sulphur cap comes into effect on 1 January 2020,the Hong Kong Shippers Council has recommended its members reject additional fuel surcharges recently introduced by major container lines.
6.China State Shipbuilding Corp delivered the Hailong, or Sea Dragon, the most advanced diving support vessel China has ever built, to Jumeirah Offshore, a Singapore-based marine engineering company, in Guangzhou on Monday.
7.Guangzhou Port has seen an overall container throughput of 21.18 million twenty-foot equivalent units (TEU) in the first 11 months of this year, ranking among the top five ports in the world in both cargo throughput and container throughput.
8.China's crude oil futures closed higher on Monday.The most active contract for February 2020 delivery up 0.58 percent to 486.5 yuan per barrel, data from the Shanghai International Energy Exchange showed.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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