XINDE MARINE NEWS
China Shipping bulletins on September 25,2019 xinde marine news 2019-09-25 16:30


1.China has approved soymeal exports from seven soybean crushing plants in Argentina, the South American country’s agriculture ministry said.

2.CNOOC expects its deepwater gas field Lingshui 17-2 in the South China Sea to start its first gas production at the end of 2021, a company official said on September 24. 

3.On the afternoon of September 24th, a delegation led by Mr. Rodolphe Saade, Chairman and CEO of CMA CGM, visited COSCO SHIPPING.

4.Zhejiang Xinyihai Shipping has placed an order at Jiangsu Haitong Offshore Engineering for the construction of a 51,000 dwt supramax bulk carrier.

5.China is on track to defy expectations and produce a record steel output this year of just shy of 1bn tons, according to the latest report from Alphabulk, part of AXS Marine.

6.China Taiyuan coal transaction price index stood at 135.6 points on Monday, up 0.04 percent week on week.

7.Chinese shipowner Tianjin Southwest Maritime (TSM) has placed an order at CSSC’s Jiangnan for the construction of three 86,000 cu m LPG-fueled VLGCs. 

8.Asian LNG prices will likely be at their lowest, seasonally, in a decade by the end of the year as rapidly rising production outstrips feeble demand, weighed down by a global economic slowdown and the U.S.-China trade war, traders said. 

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

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