1.On the first day of 2020, CCTV focuses on major projects in the oil and gas industry chain of Zhejiang FTZ, including the Yushan Green Petrochemical Base, the integrated marine service at Xiushan Anchorage, and the Aoshan Petroleum Storage and Transportation Base,etc.
2.China Ocean Industry has announced that a local court in Jiangsu has declared the bankruptcy of its subsidiary, Nantong Huakai Heavy Industry.
3.Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships.
4.Xiangyanghong 10, a national-level ocean research vessel, returned to Zhoushan Port on Dec 29 after completing its 54th research mission.
5.Shenzhen's government is to establish a shipping fund of up to CNY3 billion (US$428 million) to boost the development of various local shipping sectors, including newbuildings, clean energy propulsion, shipping digitisation, shipbroking, insurance and law.
6.The crew of China's first domestically made polar icebreaker Xuelong 2, or Snow Dragon 2, have made their wishes for the New Year of 2020 on board the vessel.
7.South Korean shipbuilders, led by top player Hyundai Heavy Industries Co., are expected to maintain their status as the world’s top position in new orders this year, although they may fail to meet their annual order targets, industry sources said Sunday.
8.Oil prices slipped on Tuesday, with two major crude benchmarks finishing the final trading session of the year both about 1 percent lower.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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