1.MPA launched six next-generation patrol craft to enhance its frontline capabilities to ensure navigational safety, and enhance the protection of the marine environment in the Port of Singapore.
2.Chinese shipbuilding and ship design group Shanghai Bestway Marine Engineering Design has announced that several bank accounts of the company has been frozen by courts.
3.China State Shipbuilding Corp saw its new vessel orders surge 34.2 percent year-on-year in the January-June period.
4.China’s “2020 Global Fuel Oil Sulfur Limitation Order Implementation Plan” creates potential issues for vessels using exhaust gas cleaning systems.
5.Jining Energy Development and China Shipbuilding Trading has entered into a framework agreement for the construction of a series of LNG-powered river ships.
6.A marathon court case regarding a ship charter dispute between Chinese companies Shagang Shipping and HNA Group has finally come to a close.
7.China's foreign trade volume surged 6.5 percent to 2.93 trillion yuan in July, an encouraging sign showing economic recovery in many parts of the world.
8.Yangzijiang's net profit in the second quarter was 774 million yuan, and orders in the first half year increased to more than 500 million US dollars.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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