News Bulletins on December 12, 2017
1.Yang Ming Announces the Completion of the Capital Injection for its 2nd Private Placement.
Yang Ming announces the completion of the capital injection for its 2nd private placement by placing common stocks 257,753,442 new shares at premium of NTD$10.18 per share from the subscriber *NDFEY. The aggregated amount is NTD2.62 billion.With the completion of rights offering and the private placement, the holding ratio of Government-related investors will reach 45.07%.
*NDFEY: National Development Fund, Executive Yuan
2. China Won World’s Largest Semi-Submersible Crane Vessel Construction Contract.
China Merchants Industry Holdings has won a contract for constructing a ‘revolutionary’ LNG-powered semi-submersible crane vessel, the OOS Zeelandia.
3. COSCO SHIPPING’s YAMAL project first icebreaker LNG carrier successfully completed the gas trial.
At 11:30 am on December 11, the first Arctic-dedicated (ARC7 ice-level) 172,000-cubic-meter icebreaker LNG carrier "Vladimir Rusanov" of Shanghai COSCO Shipping LNG Company, a subsidiary of COSCO SHIPPING Energy, successfully completed its gas trial mission.
4. DNV GL Signed Multi-Purpose Gas Carrier Cooperation Agreement with CMHI, SDARI, GTT and GABADI
5. Wison Welcomes Houston Trade & Investment Mission’s Visit to Shanghai Headquarter.
The Trade & Investment Mission to China tour is organized by Greater Houston Partnership, Houston’s most influential business organization. The Houston delegation group consists of local dignitaries, elites from Houston’s mainstay industries of energy, science, finance, medical, etc. Wison is the only enterprise in energy industry that the delegation group visited in Shanghai.
6. China GSI obtained three 52,000 DWT tankers order from Taiwan's ship owner Formosa Marine, which will be built at Nansha Base. The tankers will be delivered by 2019 and 2020 at a price of $ 32.5 million for each.
7. China Gets Control over Sri Lanka’s Hambantota Port.
Sri Lanka has handed over Hambantota Port for operation to China under a 99-year lease deal. On December 9, the joint venture of China Merchants Port Holdings (CMPort) and the Sri Lanka Ports Authority (SLPA) started operations, according to China’s State Council. The development of the port, strategically located to connect the Middle East and East Asia, is expected to benefit China, Sri Lanka and other countries as well.
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