1.Oil prices gained on Tuesday as market participants bet on extending output cuts by major oil producers.
2.Chinese private yard New Times Shipbuilding has secured new orders for four 158,000 dwt suezmax tankers from two European owners.
3.Qatar Petroleum entered into three agreements to reserve LNG ship construction capacity in the Republic of Korea.
4.Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China.
5.China's Dalian Commodity Exchange on Tuesday asked members to act "rationally" in iron ore futures trade.
6.On May 29, Group President Hu Jianhua met with Zhang Huaguo, President of China Development Bank Shenzhen Branch.
7.Police in East China's Jiangsu province have caught 74 suspects for their involvement in an illegal sea sand mining case worth nearly 100 million yuan.
8.KR has signed a five-year agreement with German ship management company Held, to provide ISO 9001 Certification.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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