1.Qingdao Port International Co Ltd, operator of the world's seventh busiest port by shipping volume, was officially listed on the Shanghai Stock Exchange on Monday.The company's stock price surged by 44.03% to reach 6.64 yuan ($0.98) per share shortly after the stock market opened and remained at the upper limit for IPO share price growth for the rest of the trading time.
2.Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, today announced an agreement for CNCo to acquire the bulk shipping business in Hamburg Süd which includes Rudolf A. Oetker (RAO), Furness Withy Chartering and the bulk activities in Alianca Navegac?o (Aliabulk).
3.China's oil and gas industry is set to reinforce efforts to reduce environmental impacts of its projects and operations in 2019, leading energy and shipping certification agency DNV GL said Tuesday in a report.
4.On Jan. 18th, 2019, CSSC Marine Service Co., Ltd.(hereinafter as CMS) held the Opening Ceremony in Shenzhen, Guangdong Province, P.R.C.,marking the official opening of CMS Shenzhen Station. Representatives from companies of ship owners, ship managements, shipyards and some partners in south China were invited attending the event.
5.The diminishing natural gas demand over the course of the current winter has forced China National Offshore Oil Corp (CNOOC) to sell a cargo of liquefied natural gas on standby offshore South Korea.
6.China's Xuelong, polar icebreaker, collided with an iceberg on its 35th Antarctic research mission due to thick fog, said China's Ministry of Natural Resources Monday on its website. The collision happened at around 11 a.m. (BJT), on January 19 at 69.59 degrees south latitude and 94.04 west longitude. The ship was traveling at a speed of three knots.
7.China's iron ore futures finished lower on Tuesday.The most active contract for May 2019 delivery finished the day session down 1.31% to 526 yuan per ton.
8.Amid increasing signs of China's industrial slowdown in 2019, data this week showing record oil and natural gas imports likely indicates a country at peak energy growth, with its thirst set to wane as the slowdown bites.
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