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China Shipping bulletins on January 7,2020


1.The administrators of bankrupt Zhejiang Haizhou Shipyard has listed the entire assets of the shipyard for auction as part of the liquidation process.

2.Nanjing Maritime Court has arrested the 2017-built panamax bulker Kelly at Zhenjiang Port at the request of grain trader Sinograin.

3.Iron ore futures in China rose in early trade on January 6 as weekly utilisation rate increased, pointing to firm demand for the steelmaking ingredient. 

4.Chinese research vessel KEXUE, or Science, returned to its homeport in the eastern city of Qingdao on Sunday after finishing a research mission in the western Pacific Ocean.

5.On the afternoon of January 2, Mr. Li Fengli, Director of the Board and President of Shandong Port Group led a delegation to COSCO SHIPPING and held talks with Capt. Xu Lirong.

6.The Baltic Exchange's main sea freight index fell to its lowest level since April on January 6, weighed down by weaker vessel demand across all segments. 

7.US exports to the region nearly doubled last year, and the conditions are ripe for another rise in 2020, writes Yvette Choo

8.China's largest gas producer state-controlled PetroChina ramped up output from its main fields last year in response to a government push to meet rising domestic demand.

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

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