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China Shipping bulletins on May 28,2020


1.On May 25,"GengHai 1#" modern marine ranch complex platform project built by CIMC Raffles was successfully delivered.

2.According to the "Special Maritime Procedure Law of the People's Republic of China", this court designated the establishment of the auction committee of the vessel "G. O. America".

3.Xuelong 2 has been in a shipyard for maintenance after its first Antarctica expedition, preparing for future sea trials and scientific research to the Arctic region.

4.The collapse of West Texas Intermediate oil price below zero may repeat as Saudi Arabia and Russia may restart a new round of price war in the oil markets.
 
5.China has bought over 10 cargoes of Brazilian soy this week, as its trade tensions with the United States continue to rise.

6.China Merchants Group Chairman Li Jianhong brought a proposal on "the establishment of a new type of collaborative integration mechanism to accelerate the construction of a powerful transportation country". 

7.On May 27, Hyundai Miura Shipbuilding undertook orders for three EPS 40,000-square-foot LPG vessels from Singapore. 

8.Shipping association BIMCO is currently working on the draft for a global set of guidelines for ship hull cleaning to protect the marine environment.

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

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