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China Shipping bulletins on November 28,2018


1.To continue to provide customers across the globe with greater access to ABB’s high-quality service and parts, ABB Turbocharging has announced the establishment of a branch office of ABB Jiangjin Turbo Systems Co., Ltd. in Zhoushan.
 
2.Club Correspondents Pro-Marine Law Office, Taipei, have advised of the publication of further guidance concerning the early Implementation of the MARPOL sulphur cap in Taiwanese ports from 1st January 2019.
 
3.GTMaritime has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets. The agreement with Marinesat is GTMaritime’s first partnership within the Chinese market.
 
4.China's iron ore futures ended lower on Tuesday.The most active contract for January 2019 delivery finished the day session down 3.72% at 465.5 yuan per ton. 
 
5.Bulk commodities, which have outperformed industrial metals for the past six months, are coming under pressure as weakening steel prices hammer the profitability of China's vast steel industry.
 
6.Zhejiang Pilot Free Trade Zone is expecting its oil products storage capacity to surpass 40 million cubic meters by 2020, an official said.
 
7.The container ship Hua Yuan 9999 collided with the dry bulk vessel Pu Hui 1 on Yangtze River near Taicang Port,on November 27.After the collision Hua Yuan 9999's containers fell overboard, and blocked the navigation channel of the Port.
 
8.BIMCO issued its latest digital bulletin focusing on the challenges that have risen around compliance with ballast water regulations. The association reminds that operators should take measures to comply as soon as possible, despite the fact that the focus is on the 2020 sulphur cap.
XINDE MARINE NEWS editor:Anita

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