China Shipping bulletins on April 23,2020

1.CSSC and Qatar Petroleum formally signed a "Qatar Petroleum-CSSC LNG Ship Construction Project" with a total amount of more than 20 billion yuan.

2.Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding orders of one Asphalt Tanker plus one 50,000 MR Tanker.

3.Taian's 600,000-ton liquefied natural gas (LNG) equipment localization project, the largest domestic LNG project in China, began operating in Daiyue district on April 20.

4.China's major ports last week reported a 2.1 percent year-on-year rise in crude oil imports as international crude prices tumbled.

5.On April 20, the ship "SEACOR ANDES", a PSV project built by COSCO SHIPPING Heavy Industry (Zhoushan) for SEACOR, was successfully delivered.

6.East China's Shandong province reported a 12-percent year-on-year growth in trade with Belt and Road (B&R) countries in the first quarter.
 

7.China’s steel exports in the second quarter of 2020 are expected to fall as the coronavirus outbreak spreads to other countries.

8.Iron ore futures in China recovered all losses from the previous session to close higher on Wednesday.

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