1.The Taiwanese government has announced a TWD30bn credit facility to support major container operators hit by trade disruptions caused by the spread of coronavirus.
2.Greece's port of Piraeus handled a total of 5.65 million 20-foot equivalent units (TEUs) in 2019, becoming the top port in the Mediterranean.
3.Japanese owner MOL has placed orders at two Chinese-Japanese joint venture yards for the construction of four bulk carriers in total.
4.China is expected to tighten coal import rules in the second half of 2020 to shore up its struggling domestic industry.
5.Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe.
6.China Tianjin Shipping Index (TSI), an indicator of northern China's ocean freight rates for both international and domestic shipping markets, stood at 513.7 points on Wednesday.
7.China has picked up the pace of new infrastructure project approvals in 2020, with more support expected to be announced during the “two meetings” starting in Beijing this week.
8.Many of the 24 NPC deputies and 19 CPPCC National Committee members from Hainan province are ready to give their input on the construction of a free trade port.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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