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China Shipping bulletins on January 6,2020


1.On December 27, 2019, the strategic cooperation agreement for the project of 2 million tons / year low-sulfur fuel oil production base of Panjin Pengchili Petrochemical, a subsidiary of Liaoning Haidexin Group, was officially signed.

2.Qingdao Maritime Safety Administration investigated and punished a foreign ship that failed to use marine fuel in accordance with the requirements of the air pollution emission control zone.

3.Hong Kong-listed asphalt carrier specialist Xin Yuan Enterprises has entered into an agreement with subsidiaries of Cosco for the early termination of the long-term charter contracts for two asphalt carriers San Du Ao and Zhuang Yuan Ao.

4.China's index of export container transport rose in the past week, according to the Shanghai Shipping Exchange.

5.China's comprehensive import price index for liquefied natural gas (LNG) dropped last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).

6.A floating dry dock with a capacity of over 6,000 tons was officially launched and entered operation in southwest China on Friday, with the facility being the largest of its kind on the upper and middle reaches of the Yangtze River. 

7.The China Ningbo Containerized Freight Index (NCFI) reported slight rises in freight indices in the United States routes this week as market shipments continued to grow.

8.The container throughput in sea-rail transport at Ningbo-Zhoushan Port in East China's Zhejiang province increased over 33.3 percent year-on-year in 2019, according to the port.

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

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