1.GCL Oil & Natural Gas has entered into a framework deal with the Hague-based energy giant Shell to market and trade liquefied natural gas in eastern China.
2.The cargo throughput of Yantai port in East China's Shandong province reached 79 million tons in the first quarter of 2020, up 6.3 percent from the same period last year.
3.Work at construction sites in the Haikou Jiangdong New District has been continuing apace, even under the challenges posed by the COVID-19 outbreak.
4.China has issued a guideline on further beefing up the infrastructure construction and storage capacity of natural gas to promote the stable and sound development of the sector.
5.Benchmark iron ore futures in China closed at a four-week high on Tuesday, as lower shipments from big miners in Australia and Brazil stoked concerns over the steelmaking ingredient’s supply.
6.The global Big 3 shipping alliances — 2M, Ocean Alliance, and The Alliance — are scaling back their operations to prevent freight rates from going down.
7.In those dramatic circumstances created by the Coronavirus crisis, the Panama Ship Registry has provided immediate responses to ships owners with its digital services.
8.China’s crude oil imports in March rose 4.5% from a year earlier, according to official customs data.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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