1.The world's seventh-largest container liner,Evergreen Marine,booked a bottom line deficit in the second quarter.The loss came despite the fact that the company increased its revenue.
2.China imported a record amount of coal in the month of July to cope with the robust demand by electricity generation due to high temperatures, according to the General Administration of Customs (GAC).
3.Yang Ming,widely recognized as an excellent service provider, was named“Provider of the Year”on 18th July,2018 by Target Corporation,the second-largest department store retailer and importer of containerized freight in the United States.Yang Ming was also accredited with the“Environmental Ship Index Award 2017”by Marseille Fos Port Authority.
4.Chinese research ship "Xiangyanghong 10" returned to China on Sunday with fruitful results after completing the nation's 49th ocean expedition.
5.South Korea's yards beat China on new orders in first half of the year.
6.Xiamen port in East China's Fujian province will open 10 more cruise routes to economies participating in the Belt and Road Initiative in the second half of this year,as part of its broader efforts to bolster ties with them.
7.Despite oil demand rising 5.5 percent year-on-year to 11.77 million barrels per day in 2017, oil consumption,including gasoline and diesel,is expected to fall gradually over the next five to seven years,as China focuses more on energy efficiency and quality.
8.State-owned PetroChina could pull the plug on winter spot LNG cargo purchases from the United States amidst the Chinese government’s proposed tariffs.
XINDE MARINE NEWS editor：Anita
XINDE MARINE NEWS editor：Anita
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