Mysteels PORTDEX 62% Australian Iron Ore Fines price dropped Yuan 5/wmt ($0.7/wmt) on day to Yuan 947/wmt FOT Qingdao and including the 13% VAT on August 26. On Wednesday too, the SEADEX 62% Australian Iron Ore Fines index rose by $2.55/dmt

Indian state refiners have stopped buying crude oil from China-linked companies, three sources said, after New Delhis recent regulation aimed at restricting imports from countries that it shares a border with. The new regulation, put in pla

The Baltic Exchanges main sea freight index inched down on Thursday, as rates for capesize and supramax vessels declined. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, pana

PetroChina, Chinas largest oil and gas producer, reported a revenue of more than 929 billion yuan ($135.1 billion) in the first half of this year, down 22.3 percent year-on-year, according to its financial report filed with the Hong Kong Ex

Global, sector-focused law firm HFW has acted on the sale of almost half of the entire Swiss maritime fleet. HFW advised Swiss shipowner Massoel Shipping SA on eight separate vessel sale transactions, representing 40% of all Swiss-flagged c

A 208, 000 DWT bulk carrier built by Yangzi Xinfu Shipbuilding for Mangrove Partners, was delivered on August 25. MP THE BRUSCHI is the third in a series of six similar vessels ordered by Mangrove Partners in Yangzijiang Shipbuilding. The s

On 24 August 2020, CSSC (Hong Kong) Shipping announced that its wholly-owned subsidiaries Fortune Wuxi and Fortune Suzhou entered into a memorandum of agreement and a bareboat charter agreement with the charterer. Fortune Wuxi and Fortune S

Newport Shipping announces it will be working with global LNG market service provider Gloryholder Liquified Gas Machinery (DL) Co., Ltd (LGM Engineering), as part of its LNG solutions offer to the market. Newport Shipping aims to meet its c

The United States on Wednesday blacklisted 24 Chinese companies. The companies blacklisted included Guangzhou Haige Communications Group, several firms that appear to be related to the China Communications Construction Co, as well as Beijin

25 August 2020 Today, the International Chamber of Shipping (ICS), along with the International Maritime Health Association (IMHA) and the International Association of Independent Tanker Owners (INTERTANKO), have issued new protocols to mit

China became a net importer of steel for the second consecutive month in July, despite crude steel production rising 9% year on year during the month, according to customs data released Aug. 26. China may remain a net steel importer in Augu

Exports to Australias largest customer, China, declined $2.46 billion or 17 per cent to $11.7 billion in July but increased to the United States and Britain. Iron ore exports to China fell 12 per cent or $1.11 billion to $8.12 billion, whil

Vice-Premier Liu He and senior US officials held talks by telephone on Tuesday, with both sides agreeing to continue pushing forward the implementation of the phase-one trade deal the two nations signed in January. Experts and business lead

Chinas soybean imports will continue to rise in the coming months as the impact of the COVID-19 pandemic on trade is limited, and the purchases of soybeans from the United States will be ramped up, the Ministry of Agriculture and Rural Affa

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day. The statistical samples of TBI cover