As China's economy picks up, demand for iron ore from Chinese steel companies is rapidly increasing driving up daily charter rates for medium and large bulk carriers, allowing the Baltic Dry Bulk Index (BDI) to soar since June, rebounding nearly four times from its low in the past month to hit a new high in nearly seven months .
In 2020, a sudden outbreak of the new crown epidemic has broken out in the world, a small virus has brought human production and life to a standstill. At the beginning of this epidemic outbreak, the company manager's office made the decision to "ensure safety, promote production, all departments should do a good job in the long term to cope with" the deployment, under the premise of effective prevention and control, to explore the extraordinary response to the extraordinary period.
On June 25, Brazil local time, Petrobras' FPSO (Floating Production, Storage and Offloading Unit) P70 successfully achieved its first oil production, marking the official announcement of the commissioning of this 350,000-ton world-class "offshore oil and gas plant". As a key project for CNOOC to actively implement the "One Belt, One Road" initiative, this project is independently built and integrated by CNOOC.