China Shipping bulletins on January 13,2020

1.On January 11, Qingdao Port International announced that vice chairman and several senior executives have resigned.

2.The Liberian Registry has announced its Expedited Registration Process, or ERP, effective as of 01 January 2020

3.China Merchants Energy Shipping (CMES) has completed a plan to raise funds through issuing new shares to a number of specific investors.

4.China’s mighty Baowu Steel Group appears to have surpassed ArcelorMittal as the world’s largest steel producer.

5.CSSC Carnival Cruise Shipping Ltd received its first ship on Saturday, marking the start of the China-based cruise company to serve Chinese cruise travelers with its own cruise line, said its chairman.

6.China's index of export container transport saw an overall increase in December, according to the Shanghai Shipping Exchange (SSE).

7.The project of deep-sea gas field exploration in the Bohai Bay has discovered 170 billion cubic meters of natural gas, ending 60 years' history without discovering large-scale gas field in the area and winning the top prize of China's National Science and Technology Progress Award of 2019. 

8.China’s soybean demand in the 2019-20 marketing year (October-September) could reach up to 90 million mt, up 9% year on year and 6% higher than the USDA’s December WASDE report, due to a recovery in pig and sow herds in recent months, according to S&P Global Platts Analytics.

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