1.On March 20th, 2020, Yangfan Group Inked a newbuilding contract of four (4) 1,868TEU containerships from Zhejiang Haigang Shipping Limited.
2.China's foreign trade sector has the resilience and growth potential to weather the impact of the novel coronavirus disease (COVID-19).
3.Total net oil and gas production of CNOOC amounted to 506.5 million barrels of oil equivalent, exceeding 500 million barrels of oil equivalent for the first time.
4.China’s soybean imports from the United States in the first two months of the year rose sixfold from the same period last year.
5.Some ports in India including those owned by Adani Ports & SEZ Ltd have declared force majeure to prevent the spread of the coronavirus.
6.Chinese iron ore futures rose more than 5% on Wednesday, the most since July last year.
7.China’s crude oil imports in the first two months of 2020 from top supplier Saudi Arabia rose 26% from a year earlier.
8.On 23 March, OOIL announced 2019 annual results. The net profit attributable to shareholders was US$1.3 billion.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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