1.Hong Kong has been recognized as the second best port city in the world by the fifth annual Xinhua-Baltic International Shipping Centre Development Index Report. According to the Index, Singapore takes the top spot, while London falls behind Hong Kong for the first time in the five-year history of the Report, to third place.

 

2.China's effective tariff rate has reached the level of the developed countries at 2.41 percent, fairly close to the 1.19 percent of the United States in 2017, said experts. 

 

3.MYANMAR has been holding talks with a Chinese consortium to develop a deep-sea port in Kyaukphyu, western Rakhine state, reports Xinhua.

 

4.Reforms help maritime sector drive down costs.By collaborating with China Railway Corp, the volume of containers from rail and river sources at Chinese ports soared 34.8 percent year-on-year to 1.75 million TEUs (20-foot equivalent unit) in the first five months this year. 

 

5.Trade tensions bad for energy industry globally.

 

6.SINO-JAPANESE ice-breaking LNG carrier, the 96,844-dwt Vladimir Rusanov, has arrived in the Bering Strait, having carried out a loading operation in the Yamal LNG plant at Sabetta port.

 

7.Panama and China opened free trade talks on Monday with the aim of crafting an agreement that could turn the Central American country into a hub for Chinese goods across Latin America.

 

8.China released a three-year action plan to reduce air pollution by 2020.
XINDE MARINE NEWS editor：Anita

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