1.Xihe is currently working with its ship financing banks (“Lenders”) on a consensual restructuring of the Group.
2.Iron ore and steel futures in China closed higher on Thursday as Beijing aimed to complete local government special bonds issue by end-October.
3.ReCAAP Information Sharing Centre Holds Dialogue with Shipping Industry to Strengthen Maritime Situation Awareness.
4.China's decision to construct a raft of new VLOC terminals is being interpreted by some analysts as part of a bigger geopolitical play.
5.The Baltic Exchange’s main sea freight index extended gains on Thursday, helped by a rise in rates for capesize and panamax vessel segments.
6.Soybean crush volumes in China last week shrank to the lowest level since mid-June this year.
7.Chinese cargo ship Hong Xiang 819 capsized while sailing near Penghu Islands of Taiwan on Tuesday.
8.Alphabulk is predicting shipping will lose up to 100m tons of thermal coal cargo this year with the world’s two most populous nations – India and China.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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