1.Sinopec has signed an investment contract with the government of Zhoushan city in China to build a 20 billion yuan LNG terminal.
2.Zhejiang Seaport Shipping had entered into shipbuilding contracts with Yangzijiang Shipbuilding for the construction of four 1,000 teu feeder boxships.
3.The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said.
4.China's index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange.
5.The Hong Kong registered 4250-teu Cosco Sao Paulo was escorted into Table Bay.
6.Li Baian, the Executive Vice President of China Merchants Group, conducted an investigation on CMES.
7.China's imports of coal tar surged 303.25% from a year ago and 113.69% month on month to 13,009 tonnes in April.
8.China's shipbuilding industry sees full production resumption.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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