China Shipping bulletins on April 24,2020

1.Six Chinese government units have jointly released a notice to further guide and facilitate Chinese crew changes at domestic ports.

2.China Development Bank Financial Leasing has entered into a contract with New Ocean Shipbuilding in Jiangsu for the construction of eight bulkers.

3.Japanese owner NYK has placed an order at China's Nantong Cosco KHI Ship Engineering(NACKS) for the construction of a VLCC tanker.

4.China's 36th Antarctic expedition concluded on Thursday as the two research icebreakers involved in the mission returned to their home port in Shanghai.

5.On April 21, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, and Shanghai Construction Group signed a strategic cooperation agreement.

6.Benchmark iron ore futures closed higher on Thursday, aided by higher restocking demand as mills ramped up purchases ahead of the Labour Day holidays next week.

7.China is expected to see its weakened demand for steel forge a strong recovery in the second quarter as the country’s production resumption gains more momentum.

8.China on Wednesday launched its second Type 075 amphibious assault ship at Hudong Zhonghua.

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