1.US oil prices crashed to the negative -37.63 dollars a barrel for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears.
2.UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy.
3.Dalian Maritime University is in discussions with Dalian Shipbuilding Industry (DSIC) on the establishment of a laboratory to develop autonomous ship technology.
4.The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.
5.As the world faces unprecedented destruction in oil demand brought about by the coronavirus pandemic, China has in recent weeks emerged to be the only respite for crude sellers.
6.Iron ore futures in China touched their highest in more than eight months on Monday after miner Vale SA cut its production outlook.
7.MPA has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019.
8.The China Ningbo Containerized Freight Index stood at 642.9 points Friday, down 6.2 percent compared with last week.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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