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China Shipping bulletins on March 4,2020


1.An operator of a restaurant cruise ship in Kobe said Monday it has filed for bankruptcy after being hit by a series of cancellations since January due to the new coronavirus outbreak.

2.On Tuesday, two German passengers aboard the cruise ship AIDAaura were tested negative for coronavirus after German authorities learned that they had been in contact with a confirmed case.

3.China's finance ministry has swiftly approved the bulk of applications made by domestic LPG importers, exempting them from tariffs on US imports amid easing trade tensions between Washington and Beijing.

4.As a major transporter for important materials of the country, COSCO SHIPPING has fulfilled its social responsibilities and contributed to the economic recovery through concrete actions.

5.GSBN took an important step forward as its shareholders signed shareholders' agreement.

6.Associated Maritime Company (Hong Kong) Limited (AMCL), a subsidiary company of CMES, successfully passed the annual audit of the Document of Compliance (DOC) of International Safety Management Code

7.The Baltic Exchange’s main sea freight index rose for a 13th straight session on Tuesday, helped by an uptick in demand across vessel segments.

8.China's crude oil futures closed higher on Tuesday.The most active contract for April 2020 delivery up 12.1 yuan per barrel or 3.37 percent to 370.7 yuan per barrel, data from the Shanghai International Energy Exchange showed.

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

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