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China Shipping bulletins on August 11,2020


1.IMO has issued the calendar of meetings for September-December 2020, setting dates for remote sessions of the IMO Council and Committees. 
 
2.Chinese private shipyard Taizhou Kouan Shipbuilding has entered into a court-led restructuring after it was declared bankrupt by a local court.

3.China is expected to lead Asia’s refinery coking units’ capacity growth, contributing about 94% of the region’s total capacity growth by 2024. 
 
4.CSSC Shipping has announced that it has entered into sale and leaseback agreements for two newbuild product tankers.

5.Newbuilding orderbook across all ship types has touched its lowest point in 17 years against the backdrop of COVID-19 pandemic.

6.A cruise ship set sail on Friday from Chongqing's Chaotianmen port to Yichang, Hubei province, marking the restart of cruise tours on the Yangtze River.

7.China's top economic planner said Friday that it would keep domestic gasoline and diesel prices unchanged.

8.HFW has found that London continues to dominate the market for international maritime arbitration.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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