XINDE MARINE NEWS
China Shipping bulletins on Mar 4,2019 xinde marine news Anita Liu 2019-03-04 16:48


1.Ms. Wang Yafu, the first female chief engineer of ocean-going vessels in China, graduated from Dalian Maritime University, died on March 3, 2019, at the age of 89.
 
2.Cosco Shipping International has posted lower profit after offloading its shipyard operations.Net earnings were SGD 13.22m ($9.76m) in 2018, down from SGD 65.38m in the same period of 2017.
 
3.The third phase of Pinghaiwan offshore wind farm project located in Putian of southeastern China's Fujian province has gained approval from the provincial development and reform commission. 
 
4.China's apparent consumption of natural gas increased 18.1% from the preceding year to 28.7 billion cubic meters (bcm) in January, said the National Development and Reform Commission (NDRC) on February 28. 
 
5.China's LNG market is set to have a prosperous future, experts in the industry said.The country is looking at improving its air quality, as pollution is causing severe health issues among the population. Coal accounts for 80% of electricity production for households, a figure expected to decrease. 
 
6.China's iron ore futures ended higher on Friday.The most active contract for May 2019 delivery finished the day session up 3.73% to 625.5 yuan per ton. 
 
7.Chinese steel mills are slowing iron ore purchases and seeking cheaper alternatives to Australian supplies after a steep run-up in prices in February, five mill executives and several traders told Reuters this week.
 
8.On 1 March, new environmental requirements for emissions and discharges in the world heritage fjords the N?r?yfjord, Aurlandsfjord, Geirangerfjord, Sunnylvsfjord and Tafjord entered into force. Norway aspires to reduce the emissions and discharges from cruise ships and other vessels.

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