1.All of the 1,800-plus crew members of a quarantined cruise ship, World Dream, docked at Kai Tak Cruise Terminal tested negative to the novel coronavirus pneumonia (NCP) which has infected 26 locally and over 37,000 on the Chinese mainland.
2.Four out of every five very large ore carriers (VLOCs) on order are controlled by Chinese leasing companies, data from Alphabulk, part of AXSMarine, shows.
3.Six more sight-seers were found to be infected with the novel coronavirus pneumonia (NCP) on the Diamond Princess cruise ship on Sunday.
4.Taiwanese shipping line Yang Ming Marine Transport's 4,250 teu containership YM Eternity was arrested at Port Botany in Australia on Sunday at the request of Australian Maritime Safety Authority (AMSA).
5.Oil prices declined on Friday as concerns over weakening demand for the energy persist and weigh on the market.
6.CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation (CSSC), has announced a plan to issue two bonds worth a total of $800m.
7.The market in the Middle East dropped further this week, with the deepening impact of the coronavirus outbreak on oil demand from China keeping activity low.
8.Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amid the coronavirus epidemic.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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