1.China’s container transport for export purposes saw an overall increase in January, according to the Shanghai Shipping Exchange (SSE).
2.The number of people who have tested positive for the novel coronavirus on a quarantined ship off Japan's coast has risen to 355.
3.The coronavirus's effect on energy markets is worsening, as the sharp fall in demand in China, the world's largest importer of crude, is stranding oil cargoes off the country's coast and prompting shippers to seek out other Asian destinations.
4.The Baltic Exchange's main sea freight index remained flat,as higher rates for panamax vessels offset weaker rates for other vessel categories.
5.China's industrial power demand in 2020 may decline by as much as 73 billion kilowatt hours (kWh), according to IHS Markit.
6.Shipping volumes out of China are plummeting as the impact of the coronavirus outbreak takes a deeper toll on industrial production, and ocean carriers are bracing for financial blows from the diminished output.
7.In the week ending Feb-14, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 827.0 points, slightly.
8.China's iron ore futures finished higher on Friday.The most active contract for May 2020 delivery finished the day session up 0.96 percent to 628.5 yuan per ton.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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