1.On March 30, COSCO SHIPPING Holdings announced its 2019 annual results with revenue of the company reached RMB151.06 billion.
2.A LNG tanker which loaded a cargo from the United States is currently heading to China, the first shipment since March 2019.
3.China Gas Holdings and CG Fortune Marine have entered into a time charter contract for two new 84000 cubic meters VLGCs.
4.Prevention and control measures are in place for ships engaged in international voyages that enter Chinese ports to ensure the safety of crew members.
5.Supertanker freight rates are on the rise for a second time this month as producers, refiners and traders scramble to secure ships to transport crude.
6.Shanghai Ming Wah Shipping has announced a plan to sell three 6300 dwt small chemical tankers to Sinopec Fuel Oil.
7.HONG Kong's OOCL is withdrawing four sailings on two transpacific services in April, the Pacific China South 1 and Pacific North West 2.
8.China Merchants Port Holdings Company Limited announced the results of the company for the year.The net profit rose 15.4%to HK$8,362 million.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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