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China Shipping bulletins on September 28,2018

 

1.The global maritime community celebrates the World Maritime Day together with IMO on September 27 under the theme‘Better Shipping for a Better Future’.
 
2.China,the world's biggest energy consumer,is stepping up its push into clean power with a revised renewable energy target to reduce reliance on coal.
 
3.China will reduce import tariffs on 1,585 taxable items starting November 1, to serve industrial upgrading, lower corporate cost and meet domestic demand, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.
 
4.China’s iron ore futures market dropped after hike amid fluctuation yesterday.Steel mills expressed to start replenishment ahead of the National Day holiday in order to meet the demand for production.As a result,iron ore prices were increased by around RMB5/tonne. 
 
5.China’s Sinopec Corporation has completed the first construction phase at its Tianjin LNG terminal with the addition of a third storage tank. 
 
6.The World Dream cruise,which is in service for Asia’s luxury cruise line Dream Cruises,made its maiden voyage from Shekou Cruise Homeport on Monday.
 
7.China coastal coal shipping rates dip down after weeklong rise.
 
8.A train loaded with auto parts and paper products thundered out of a station in Southwest China's Chongqing Municipality, heading for a port in southern China, where the goods will be further shipped across the sea to Southeast Asia.
XINDE MARINE NEWS editor:Anita

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