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China Shipping bulletins on February 3,2020


1.US relief to state-linked Chinese tanker owner prompts oversupply concerns in a market already plagued by the coronavirus outbreak.

2.Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China.

3.Agents and brokers are reporting operations are slowing down at Chinese ports and shipyards as the coronavirus takes its toll and the Lunar New Year holidays are extended.

4.Likely with rising fuel prices in mind, China Steel Express, the shipping arm of Taiwan’s largest steel producer, is readying a cape duo for sale.

5.The Hong Kong Federation of Insurers has promoted Selina Lau, HKFI’s general manager – communications and committee, to chief executive.

6.Several American and international cruise lines have canceled voyages to and from China, where the coronavirus has killed 213 people and infected 8,200 worldwide, most of them in China.

7.Customs authorities across China have stepped up customs clearance for medical supplies from abroad amid the fight against the novel coronavirus.

8.A "Happiness Index" from a Mission to Seafarers survey with 2,000 respondents found that overall seafarer happiness dropped to 6.13/10 from 6.59 the previous quarter, reports London's Tanker Operator.

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

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