1.Chinese shipbuilder Cosco Shipping Heavy Industry has signed LNG cooperation agreements with compatriot Hudong-Zhonghua Shipbuilding and France's GTT.
2.Yang Ming Marine Transport Corporation's ten 2,800 TEU class container vessels are going to receive Smart Ship notations from international classification societies.
3.On the afternoon of May 14, COSCO SHIPPING concluded a strategic cooperation framework agreement with Shanghai Futures Exchange in Shanghai.
4.Chinese iron ore futures rose for a fifth straight session on Tuesday, supported by a bullish outlook for domestic demand stemming from hopes of more stimulus.
5.ICS has published Coronavirus (COVID-19) Guidance for Ensuring a Safe Shipboard Interface Between Ship and Shore-Based Personnel.
6.Saudi Aramco in April shipped crude cargoes three times from its leased storage in Okinawa, Japan, to China's Zhoushan using the same VLCC.
7.The Organization of the Petroleum Exporting Countries (OPEC)'s daily basket price increased to 28.21 U.S. dollars a barrel on Monday.
8.China could face beans supply issues in the fourth quarter of 2020 due to the US-China tension over COVID-19 and dwindling Brazilian soy stocks.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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