XINDE MARINE NEWS
China Shipping bulletins on July 23,2020 xinde marine news 2020-07-23 16:00


1.The Baltic Exchange's main sea freight index fell to a more than a month low on Wednesday, dragged down by weaker capesize and panamax rates.

2.Dajin Heavy Industry has partnered up with Yangzijiang Shipbuilding as joint sellers for an order for two bulk carriers.

3.Malaysian OSV operator TAS Offshore has entered into agreements with Chinese shipbuilder Hangtong Shipbuilding.
 
4.Oil prices decreased modestly on Wednesday after data showed an unexpected build in U.S. crude stockpiles in the latest week.

5.Expansion project of Guodian coal terminal at the central Suqian port area in China's eastern Jiangsu province passed the acceptance test on July 17.

6.The iron ore market is looking increasingly bifurcated between a robust China and a lacklustre rest of the world.

7.From January to June 2020, the cargo volume of Chinese ports was 675213 million tons, a year-on-year increase of 0.6%.
 
8.China's benchmark power coal price dropped slightly during the past week.

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

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