1.Under the agreement, Zhejiang Seaport Group will invest RMB5bn ($740m) to acquire 20% equity shares in SIPG’s subsidiary Shanghai Shengdong International Container Terminal Company, the operator of Yangshan Port.
2.China’s container shipping company Cosco Shipping Lines and French-based transportation group Bolloré Transport & Logistics have signed a memorandum of understanding (MoU) to develop new strategic cooperation.
3.China saw its crude oil imports in January reach 10.07 million barrels per day, up 5.1 percent year-on-year, figures from the General Administration of Customs showed last week. This was the third time China's monthly crude imports breached 10 million barrels per day, according to S&P Global Platts Analytics.
4.China's iron ore futures ended flat on Tuesday.The most active contract for May 2019 delivery finished the day session unchanged from the previous settlement price at 631 yuan per ton.
5.China National Petroleum Corporation (CNPC), the country's largest oil and gas producer and supplier, reported strong output and sales in January.
6.The economic benefits of China’s steel industry hit a record high in 2018 as the industry continues to press ahead with supply-side structural reforms, with the industrial structure constantly optimizing and the market improving, the website for China Central Television reported on Monday.
7.HONG KONG's Orient Overseas Container Line (OOCL), now a Cosco unit, has changed Antwerp terminals on its Gateway Express 2 (GEX2) service from Antwerp DPW Gateway facility to PSA Antwerp on the arrival of the 4,045-TEU Quebec Express on March 13.
8.Huanghua port, a major bulk commodity transfer hub in Hebei province, saw its coal loading reach 17.63 million tonnes in January 2019.It exceeded its monthly target by 325,000 tonnes and marked a new high for the same period since its operation.
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