China Shipping bulletins on July 17,2020

1.The Organization of the Petroleum Exporting Countries has forecast that China's crude oil demand will surge next year.
 

2.China Tianjin Container Freight Index (TCI) stood at 526.30 points on Thursday, up 0.05 percent compared with the previous working day.

3.Malaysian national shipping group MISC has entered into memorandum of agreements with China’s Zhejiang Satellite Petrochemical.

4.Saudi Arabia’s Energy Minister said on Wednesday that OPEC+ will ease its production cuts next month as planned. 
 

5.In the first half of this year, CSSC Investment made a total profit of 883 million yuan, 57% of its annual target.

6.China's daily crude steel output rose 2.4% in June from a month earlier, official data showed on Thursday.
 

7.The Baltic Exchange's main sea freight index edged higher on Thursday, supported by gains in the capesize segment which snapped an eight-session losing streak.

8.China's Chengxi Shipyard has secured an order to build two LNG-powered 50,000-dwt product tankers.

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