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China Shipping bulletins on May 22,2020


1.Hong Kong-based Landbridge VLCC International, a subsidiary of China’s Landbridge Group has entered into a sale and leaseback agreement with John Frederiksen’s SFL Corp.

2.Shipments of the steelmaking commodity iron ore, Australia’s most lucrative export, will face new customs procedures on arrival in China.

3.A rare ethanol shipment of U.S. origin is expected to arrive in China this month, according to three industry sources and shipping data.
 
4.More Singaporean seafarers without shipboard employment will be eligible for additional assistance under the MaritimeSG Together Package.

5.China's index of export container transport dipped in the past week, according to the Shanghai Shipping Exchange, reports Xinhua.

6.Gasoline exports from China, Asia's top petrol exporter, could dive to multi-month lows in May as refiners turn to domestic markets.

7.Chinese tracking vessel Yuanwang-6 sails to Pacific Ocean for multiple monitoring missions.

8.Chinese dry bulk demand for Australian coal is expected to weaken as end-users cancel or postpone tenders to import coal.

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

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