XINDE MARINE NEWS
China Shipping bulletins on May 12,2020 xinde marine news 2020-05-12 16:43


1. The first 5G smart port jointly developed by COSCO SHIPPING Ports Limited, Dongfeng Commercial Vehicle and China Mobile (Shanghai) for driverless container truck has passed the trial run.

2.Fire fighters extinguish fire which broke out on a crude oil tanker at Waruna Shipyard at the Port of Belawan in Indonesia's province of North Sumatra, May 11, 2020. 

3.Norway's Odfjell has announced that subsidiary Odfjell Terminals (China) has completed the sale of its 50% shareholding of Odfjell Terminals (Dalian).

4.On 27 April,Damen Yichang Shipyard in China hosted a digital steel cutting ceremony for a roll-on/roll-off passenger(RoPax) ferry ordered by the Government of Timor-Leste.

5.The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash.

6.Chinese stainless steel futures surged on Monday, hitting their highest level in over nine months as domestic demand continued to pick up after coronavirus-related shutdowns.

7.Paris MOU has issued its latest guidance related to COVID-19 for Port State Control Authorities.

8.Crude oil futures closed lower Monday in daytime trading on the Shanghai International Energy Exchange.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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