1.As data from the National Bureau of Statistics highlight, the overall freight volume transferred to China experienced an increase of 7.1% year-on-year to 51.5 million tonnes in 2018.

 

2.New York-listed global insurer Chubb has received approval from the CBIRC to increase the company's ownership in Huatai Insurance Group Company to 26.2% from its current 20%, with effect from 27 February 2019.

 

3.Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China, as the company streamlines costs amid competition from South Korean rivals.

 

4.The Maritime and Port Authority of Singapore (MPA) will host the 37th ASEAN Maritime Transport Working Group Meeting (MTWG) from 5 to 7 March 2019. 

 

5.China's iron ore futures finished lower on Tuesday.The most active contract for May 2019 delivery finished the day session down 1.27% to 623 yuan per ton. 

 

6.Draft mandatory regulations to make lifting appliances such as onboard cargo cranes safer are being developed by the Sub-Committee on Ship Systems and Equipment (SSE).

 

7.Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) is set to build up to six LNG carriers for Bermuda-registered company Avenir LNG, according to Clarksons.

 

8.Chinese ship financing, especially leasing, has increasingly become an important financing source for Greek shipowners, which are known for their great skills in asset play. In a Greek owner panel at Marine Money’s event in Shanghai on Tuesday, representatives said they believe this trend will continue in the next few years.

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