1.On May 13, COSCO SHIPPING and Bank of Communications signed a strategic cooperation agreement in Shanghai.
2.Chinese offshore engineering firm Zhongtian Technology has won a tender to provide offshore engineering services for SPIC's Rudong offshore wind farm.
3.French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced.
4.Qingdao Port of Shandong Port Group introduces designated delivery storage facility for crude oil futures.
5.Benchmark iron ore futures in China jumped to their highest level in over nine and a half months on Wednesday.
6.The International Group of P&I Clubs, in partnership with other shipping industry organisations, has released the COVID-19 Related Guidelines.
7.Daily crude steel output at Chinese key steel mills logged a ten-day rise of 1.97% to 2.05 million tonnes in early May (May 1-10).
8.The Baltic Exchange has added quarterly assessments (GOPEX) on the cost of operating LNG and LPG tankers to its growing suite of shipping investor tools.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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