China Shipping bulletins on December 25,2018

1.A shipping conglomerate, the China Ocean Shipping (Group) Company (COSCO) Shipping Corporation Limited, has developed into a world-class ocean shipping giant during the process of China's reform and opening-up. 

 

2.The Xiamen International Cruise Home Port had welcomed more than 320,000 tourists by December 13,a record high annual throughput,local media reported.

 

3.An LNG carrier from Qatar berths at a receiving station in Jiangsu province.Typically,the carrier unloads 260,000 cubic meters of liquefied natural gas at the wharf.China plans to gather more resources to compete with South Korea in the field of building liquefied natural gas or LNG carriers,industry insiders said.

 

4.Japanese shipbuilder Imabari Shipbuilding hosted a double naming ceremony for two new 14,000 TEU container vessels being built for Taiwan’s shipping firm Yang Ming Marine Transport Corp on 21st December. 

 

5.China's iron ore futures closed lower on Monday.The most active contract for May 2019 delivery finished the day session down 1 percent to 491 yuan per ton. 

 

6.China,the world’s second-largest importer of LNG,is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air.

 

7.Shipping rates for coal vessels along China's coastal sea routes dropped late last week after small rises in early days.

 

8.The maritime authorities of the Paris and the Tokyo Memoranda of Understanding (MoU) on Port State Control will start issuing a letter of warning on the sulphur content of marine fuels from January 1, 2020.
XINDE MARINE NEWS editor：Anita

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