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China Shipping bulletins on November 16,2018


1.Swiss technology company ABB has been selected to supply equipment for the Zhangbei high-voltage direct-current (HVDC)grid in China.
 
2.The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. 
 
3.COSCO Shipping Heavy Industry (CHI) signed a technical service agreement (TSA) with the French LNG containment specialist GTT, to carry out LNG carrier repairs. 
 
4.China's iron ore futures ended higher on Thursday.The most active contract for January, 2019 delivery finished the day session 0.88 percent higher at 513.5 yuan per ton. 
 
5.PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly, said Reuters on November 15.
 
6.Chinese iron ore imports disappointed in the second half of the year as mills and traders favoured drawing stocks down to buying from the international markets.
 
7.The the third largest container port in the world Port of Shenzhen Lativa's Freeport of Riga have a common goal - to become internationally important and strong ports through cooperation.
 
8.15 November 2018:Inmarsat has introduced two new components to its maritime cyber security service, Fleet Secure, as it continues to develop solutions that combat ever-increasing cyber threats faced by ship owners and ship managers.
XINDE MARINE NEWS editor:Anita

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