China Shipping bulletins on January 3,2020

1.China started to build its first hydrographic survey ship that can conduct operations in deep sea far from the coast. 

2.Chinese owner Zhejiang Henghui Shipping has entered into a shipbuilding contract with Yangfan Shipbuilding for the construction of a 23,000 dwt product/chemical tanker.

3.Zhuhai Port Shipping, the shipowning unit of Zhuhai Port, has placed an order at Hainan Kaihong Shipyard for the construction of nineteen 3,500 dwt multipurpose river cargo ships.

4.China's shipbuilding giant has delivered the first of four littoral mission ships (LMS) to the Royal Malaysian Navy, marking the high-level military cooperation between China and Malaysia, analysts said on Wednesday.

5.China MSA published notice on the "Administrative Measures for the System of Agreements on the Pollution Removal of Ships"

6.Shanghai steel futures reversed course and closed lower on Thursday, as higher inventories of the construction and manufacturing material in China offset an early rally spurred by a monetary policy easing measure by the country’s central bank.

7.Crude oil futures closed lower Thursday in daytime trading on the Shanghai International Energy Exchange.

8.The Baltic Exchange's main sea freight index on Thursday posted its biggest one-day percentage decline in six years, pressured by depressing demand for dry bulk vessel segments.

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