1.CIMC ENRIC and DNV GL signed a strategic cooperation agreement to work together on the development of gas carriers and LNG gas tank design and fabrication over the next five years.
2.Visitors attending Asia’s largest maritime fair in Shanghai have been able to get a glimpse of the next generation of boxships, with a Chinese yard unveiling a record-breaking 25,000 teu ship design.
3.On 3 December 2019, CMES signed a contract with China State Shipbuilding Corporation (CSSC) in Shanghai with regards to the construction of 4 VLCCs.
4.On December 5, Capt. Xu Lirong, Chairman of COSCO SHIPPING, paid a visit to COFCO in Beijing and held talks with its Chairman Mr. Lv Jun and other top management.
5.China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.
6.Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU.
7.Sri Lanka's Prime Minister Mahinda Rajapaksa vowed to firmly support and accelerate the development of the Colombo Port City project to ensure that it will emerge as a new business hub in the island country.
8.China's foreign trade registered steady growth in the first 11 months of 2019 by expanding 2.4 percent year on year, the General Administration of Customs said Sunday.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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