China Shipping bulletins on May 29,2020

1.China's low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes.

2.Gibraltar-based bunker company Peninsula Petroleum has placed an order at China's Dayang Offshore Equipment for the construction of two 7999 dwt bunkering vessels.

3.CMES has officially entered into shipbuilding contracts with China Merchants Jinling Shipyard for the construction of four 62000 dwt multi-purpose heavylift vessels.

4.COSCO's 81000 dwt panamax bulk carrier Cofco 1 ran aground twice this week on the Parana River in Argentina.

5.The number of COVID-19 cases linked to live export ship, Al Kuwait, doubled to 12 on Thursday, as Australian authorities scrambled to establish why the ship was allowed to dock.

6.China's top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude prices are still lower than the "floor rates."

7.Benchmark iron ore futures on the Dalian Commodity Exchange snapped a three-day slump to gain as much as 2.4% on May 28.
 

8.The Panama Maritime Authority (AMP) has been rendering much-needed assistance to the 318,000 seafarers that sail under the flag.

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