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China Shipping bulletins on September 24,2018


1.The Christening and Delivery Ceremony of Mt Cosnew Lake,a VLCC of 319,000 dwt,of COSCO SHIPPING Tanker(Dalian) was held in Dalian Shipbuilding Industry Port.
 
2.China considers ban on open-loop scrubbers.It is far from certain that open-loop scrubbers will be approved in China once the country imposes stricter sulfur regulations from next year.
 
3.CNOOC sold access to its Yuedong LNG terminal to Zhenhua Oil and Longku Shengtong Energy in an auction on the Shanghai Petroleum and Gas Exchange.
 
4.Hong Kong port vulnerable to US-China trade spat.Hong Kong Secretary for Commerce and Economic Development,Edward Yau warned that 49% of Chinese products going to America through Hong Kong fall under the US-list of tariffed goods.
 
5.China is allegedly planning to slash its average tariffs on imports from most its trading partners as early as October,sources say.The move would lower consumer impact of deepening US trade war.
 
6.Hong Kong-headquartered ship manager Fleet Management has expanded its footprint in Europe with its new Dutch subsidiary,NAESS Ship Management BV,on 18 September.Fleet Management has taken the initiative to better serve a growing European customer base.
 
7.The Kai Tak Cruise Terminal,operated by Worldwide Cruise Terminals,celebrated the arrival of its two millionth cruise ship passenger on 23 September,during the World Dream’s turn call.
 
8.Trafigura, one of the world’s leading independent commodity trading companies,has named the first of its 35 crude oil and product tankers being built in South Korea and China.
XINDE MARINE NEWS editor:Anita

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