1.On July 10, it was announced that Miao Jianmin was appointed as the new Chairman of China Merchants Group Limited.
2.Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker Atlantica.
3.The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers.
4.China's Tianjin Port saw cargo throughput rise 1.7 percent year-on-year to 208 million tons in the first half of this year.
5.On July 10, 2020, China Merchants Port Holdings held a Cloud Signing ceremony with the Thessaloniki Port Authority S.A.(‘ThPA’) in Shenzhen, Greece and Hong Kong.
6.Chinese rebar futures hit a 10-month high July 9 as loosening credit restrictions and expectations of strong demand after the passing of severe summer weather boosted buying interest.
7.On the afternoon of July 7, a delegation headed by Mr. Yang Haodong, Secretary of Lincang Municipal Party Committee of Yunnan Province, visited COSCO SHIPPING.
8.In the week ending Jul-10, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE).
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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