1.New Dayang Shipbuilding, restructured from the bankrupt Yangzhou Dayang Shipbuiling, has been newly established and is now officially in operation. 

 

2.The International Maritime Organization (IMO)-led GloMEEP project has delivered a training course in China last week to help maritime administrations and classification societies play their part in an ambitious scheme to collect fuel consumption data from ships.

 

3.Dry bulk shipowner Pacific Basin has closed a $40m seven-year term loan facility with Danish Ship Finance.

 

4.HONG KONG-Listed Orient Overseas (International) Ltd is to launch the sale process of its container terminal in the US west coast port of Long Beach, California in December in a deal that is expected to far exceed the company's US$2.4 billion sale of its terminals on the US east coast and in Vancouver, Canada in 2006.

 

5.Bimco aims to publish cyber security clause in spring 2019.

 

6.China's Cosco Shipping Ports and PSA Corporation signed a memorandum of understanding (MoU) for the addition of two new berths at the Cosco-PSA Terminal in Singapore.

 

7.China has met its goal of reducing its carbon intensity - emissions per unit of GDP - three years before schedule.

 

8.To paraphrase Mark Twain, news of the death of Hong Kong Port has been greatly exaggerated. In fact, according to the Group managing director of Modern Terminals, Peter Levesque, the port is on the verge of a new lease of life.
XINDE MARINE NEWS editor：Anita

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