1.Chinese shipyard Hudong-Zhonghua has launched a floating storage and a regasification unit (FSRU) for Greek shipping company Dynagas.
2.China’s PMI rose to 52 in March, indicating that while manufacturing grew compared to February, it remains far below January levels.
3.Cruise ships carrying passengers infected with the novel coronavirus are ordered to stay off U.S. shores "indefinitely" and prepare to give the sickened medical care aboard the vessels.
4.Trading activity on China’s commodities markets is skyrocketing as investors increasingly hedge risks, pushing open interest and trading volumes in the futures markets to record and multi-year highs in March.
5.China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia.
6.The world is a very different place to when the last edition of Drewry’s Container Forecaster report was published in December.
7.Oil and gas industry reforms at the China (Zhejiang) Pilot Free Trade Zone will enable the market to have a more decisive say in the operating efficiency and competitiveness of the sectors.
8.China's iron ore futures finished lower on Wednesday.The most active contract for Sept 2020 delivery finished the day session down 15.5 yuan per ton or 2.71 percent to 557.5 yuan per ton.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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