1.Evergreen Marine Corporation (Taiwan) Ltd. becomes the eleventh shipowner to publicly disclose its approach to ship recycling through SRTI online platform.
2.Baowu will build the largest renewable resources industrial base in East China with shipbreaking as the core in three years.
3.Cheng Wen-Lon, the chairman of CSBC Corporation, has voluntarily taken a major salary cut in order to help the company through financial difficulties.
4.AW Shipping has placed an order at Jiangnan Shipyard for the construction of three 86,000 cu m VLGC.
5.Cosco Shipping Bulk has entered into framework agreement with state-run SPIC Aluminum & Power Investment for a bauxite shipping project.
6.On July 31, China State Shipbuilding Corporation announced that the company has successfully raised a total of 3.866.8 billion yuan from 11 investors.
7.The Baltic Exchange's main sea freight index climbed on Monday, as demand for capesize and panamax vessels rose.
8.Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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