China Shipping bulletins on December 19,2018

1.Kumiai Navigation has commissioned Nantong Cosco KHI Ship Engineering (Nacks) to construct a 208,000-dwt bulker for delivery in June 2020.It has also contracted Nacks’ sister shipyard, Dalian Cosco KHI Ship Engineering, to build a 61,000-dwt newbuilding, also slated for mid-2020 delivery.

 

2.CNOOC Ltd said on Tuesday it has signed strategic agreements with nine foreign companies to conduct exploration at two oil and gas blocks in southern China.

 

3.Japan and China confirmed on December 17 to discuss reviving long-stalled talks on joint development of a gas field in the East China Sea, at the insistence of Tokyo.

 

4.The Port of Hong Kong sustained a 4% fall in year-on-year throughput in November.The number of containers handled at the Kwai Tsing terminals fell 1.7% to 1.326m teu compared to 1.349m teu in November 2017.Boxes handled by the midstream operators fell harder,by 11.7%,to record a throughput of 360,000 teu.

 

5.China's coal prices remained stable in general during the week ended December 16, showed data from MOC.

 

6.Colliers International, a leading real estate and investment management firm headquartered in Canada, says Hong Kong is the best location in Asia for law firms.Singapore ranked second with Tokyo taking third place.

 

7.AN intra-Asia consortium headed by Wan Hai Lines has expanded the port rotation of the China-India Service II (CI2) by adding a direct call at the major public port of Tuticorin that is situated on India's east coast near Chennai.

 

8.The first shipment of Fortescue Metals Group's (FMG) new higher grade iron ore left Western Australia on Monday for Hunan Valin Steel Co Ltd in China.The new West Pilbara Fines product comprises a mix of ore from Fortescue's Firetail mine and contains an iron content of 60.1%.
XINDE MARINE NEWS editor：Anita

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