1.China's crude oil imports from Saudi Arabia rose 15% in June from a year ago,as refiners ordered record volumes of the fuel in March and April.
2.Alphabulk, part of AXSMarine, has compiled its annual list of the world’s largest capesize owners with Chinese banks notably climbing the rankings.
3.SinoOcean, an idle offshore assets management platform set up by major Chinese offshore builders, has entered into an agreement with CNOOC.
4.Zhonggu Logistics has been granted approval by the China Securities Regulatory Commission to commence an IPO on the Shanghai Stock Exchange.
5.Chinese independent refiners have curtailed buying cargoes in the September-loading cycle.
6.China has returned in full force to the U.S. soybean market following the trade dispute that began two years ago.
7.In the week ending Jul-24, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE).
8.Taiwan resumed an island-hopping ocean cruise on Sunday, joining a handful of places in the world to restart voyages.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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