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China Shipping bulletins on October 3,2018


1.The Nigerian Ports Authority (NPA) and the Guangzhou Port Authority have entered into a sister Port Memorandum of Understanding (MoU) concerning greater efficient port operations.
 
2.Shell-led LNG Canada project has made a major step forward with the Chinese project partner, PetroChina approving a $3.46 billion investment. 
 
3.Chinese steel capacity eliminations and new era of environmental restrictions are impacting the global iron ore market, with crude steel production and iron ore imports expected to decline by CAGRs of 1.14% and 2.52% respectively between 2018 and 2022. 
 
4.Oil prices extended gains on Friday as the number of active U.S. rigs fell for a second straight week. 
 
5.Hong Kong’s leading 3PL player, Kerry Logistics, took away the Logistics Award at the Lloyd’s List Asia Pacific Awards at a ceremony in Singapore last Thursday.
 
6.Hong Kong-based Wallem celebrates a 60-year presence in Singapore in September.
 
7.Chinese shipbuilder AFAI has launched a new 40-meter catamaran passenger ferry for domestic operator Zhuhai Fast Ferry Company.
 
8.2018 International Ship Management and Technology Forum,which organized by Xinde Marine News and China Shipping Service(CNSS) will be held at Dalian Aulicare Hotel on 25th Oct.
XINDE MARINE NEWS editor:Anita

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