XINDE MARINE NEWS
China Shipping bulletins on December 27,2019 xinde marine news 2019-12-27 07:58


1.MOL recently signed the first green loan, which will be used to provide part of the funds for the world's largest 18,600 cubic meter LNG bunkering vessel built in Hudong Zhonghua.

2.PetroChina recently chartered an Aframax oil tanker temporarily at a high price, setting a record freight rate in the US and Europe, reflecting strong demand for low-sulfur US crude oil.

3.On December 25, the "Donghai Rescue 151" vessel built by CSSC Huangpu Wenchong Shipping for Donghai Rescue Bureau was successfully delivered at the Waigaoqiao Terminal of Donghai Rescue Bureau.

4.On December 25, China Merchants Port Group announced that Yan Gang applied to the board of directors to resign as the deputy general manager of China Merchants Port.

5.Zhejiang Taizhou Wuzhou Ship Industry Co., Ltd. and Norwegian Polar Shipping Company CGR Arctic Marine AS held a cooperation investment signing ceremony.

6.China Shipbuilding Group, intends to increase capital to China Shipbuilding Technology Development Co., Ltd. 

7.China MSA decided to start a three-month centralized rectification of water traffic safety in the national maritime system from now on.

8.After peaking in September, the fundamentals of the market have begun to drag on freight rates – although the rates remain above the average experienced so far this year, buoyed by a handful of positive developments during Q3.

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

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