1.In November, Chinese shipping companies won nearly 70% of new ship orders worldwide, and the number of orders received per month finally surpassed South Korea to rank first.
2.China officially separated the natural gas business from the country's "big three oil" by setting up an independent corporation, the National Petroleum and Natural Gas Pipeline Group, in Beijing on Monday.
3.Chinese dry bulk operator Ningbo Marine has announced the acquisition of 2012-built handysize bulk carrier Shelduck through its subsidiary Zhejiang Tongli Shipping.
4.Qinhuangdao, China's largest coal shipping port, has adopted a new regulation to prevent air pollution from ships, that came into effect this December. The rule states ships that emit "visible black smoke" for three minutes or longer will be punished.
5.On 3 December 2019, CMES’ VLCCs “New Paradise” and “New Enterprise” rescued 52 and 11 distressed crew members respectively in the northern Indian Ocean.
6.On December 9, COSCO SHIPPING and State Power Investment Corporation (SPIC) signed a strategic cooperation framework agreement in Beijing.
7.Russia’s state-controlled Gazprom has exported its first ever rail cargo of LPG to China at the Manzhouli border crossing. The company shipped 620t of propane-butane mix to trading firm Avestra Chemical earlier this month.
8.The growth rate of China’s imports of major commodities has accelerated in recent months, indicating Beijing’s stimulus efforts may be bearing fruit and that the impact of its trade dispute with the United States may not be as bad as feared.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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