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China Shipping bulletins on March 5,2020


1.Another Princess Cruise Ship Grand Princess carrying more than 2500 passengers is caught up in coronavirus outbreak.

2.Chinese buyers have been allowed to apply for import tariff exemptions for US coking coal starting March 2.

3.Taiwan's regional carrier Wan Hai Lines is to purchase a pair of container carriers from Singapore's Pacific International Lines (PIL).

4.The global shipping industry risks losing an estimated US$1.7 billion revenue on account of the coronavirus. 

5.Oil demand is set to contract in 2020 as the coronavirus outbreak widened to 72 countries outside China as of Wednesday.

6.China's removal of port construction fees for all import and export goods and a 20% reduction in all other government port charges over March 1 to June 30 could spur a modest uptick in seaborne coal trading activity and reduce costs for end-users.

7.President Hu Jianhua of China Merchants Group visited CMRORO to inspect the work of epidemic control and resumption of work and production. 

8.The World Health Organization (WHO) has released guidelines to avoid or manage an outbreak of coronavirus on board ships.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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