China Shipping bulletins on June 16,2020

1.China is expected to lead with 25% capacity share in the global LNG regasification industry from new-build projects between 2020 and 2024.
 

2.Government's bill to provide tax incentives for ship lessors has been passed by the Legislative Council is set to provide another boost to Hong Kong’s maritime centre credentials.

3.Dalian iron ore futures held steady on Monday as China’s falling portside stockpiles of the steelmaking raw material supported prices.
 

4.Oil prices reversed earlier losses to end higher on Monday as investors were optimistic about output curbs by major crude producers.

5.South China's Hainan Free Trade Port has inked 35 key investment projects, including eight foreign-funded ones as the province attracts investors at home and abroad with its opening-up.

6.China's comprehensive import price index for LNG fell last week, according to the Shanghai Petroleum and Natural Gas Exchange (SHPGX).

7.The Baltic Exchange's Expert Witness Association is ready to establish itself as the centre of the maritime expert witness world. 

8.The construction project for the resumption of ship transportation of the Xiaoqinghe River is underway in Jinan.

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