Chinas iron ore futures finished lower on Wednesday. The most active contract for September 2019 delivery finished the day session down 1.15 percent to 894 yuan per ton. China has opened the domestically-traded iron ore futures to foreign i

Caofeidian port in northern China has halted custom declarations for all coal imports effective July 16, which is being interpreted by the market as a signal of a further tightening of import curbs, market sources said Tuesday. Sources at t

1.Chinese shipbuilder Yangzijiang Shipbuilding has diversified into terminal ownership after it acquired a 55% equity interest in Odfjell Terminals (Jiangyin) Company for approximately $46.23m. 2.Taiwanese container line Yang Ming has opted

Chinas iron ore futures on Tuesday hit their highest level since the index was launched in 2013, as upbeat demand prospects in the worlds biggest producer and consumer of steel added fuel to the raw materials red-hot rally this year. The mo

Taiwans Yang Ming Transport Corp. selected VisionMaster Net from Sperry Marine as the cornerstone of its digital navigation strategy on 10 new containerships it recently ordered. Yang Ming is building a series of 10 2,800 teu feeder vessels

Eastern Chinas Rizhao port plans to charge higher storage fee for coke cargoes that have long been stored at the port, sources said, as a way to alleviate the shortage of storage places. The port authority would impose 1-2 yuan/t for coke s

Bunker costs per TEU are set to increase by over 50% from January 2020 as the IMO2020 rules force global container lines to switch to more expensive low sulphur fuels. Calculations by MDS Transmodal using its online BAF Calculator suggest t

A greater number of containers were handled at Taicang Port in East Chinas Jiangsu province, neighboring Shanghai, constantly reinforcing the ports leading position in foreign trade along the Yangtze River. Statistics from the port show a t

One of the prevailing China narratives in commodity markets is that the trade dispute with the United States is weakening demand in the worlds biggest importer of natural resources. The problem is the numbers tell a somewhat different story

During 9 15 Jul 19, one CAT 41 incident of armed robbery against ships was reported to the ReCAAP ISC. The incident involved the theft of scrap metal from barge Sung Fatt 36 towed by tug boat, Sung Fatt 31 on 16 Jul 19 in the westbound lane

Veson Nautical announced new features designed to help users navigate the IMO 2020 Sulphur cap regulations set to take effect January 1, 2020. Upon release, the new features will become a standard part of the Veslink IMOS Platform, Vesons m

Leading global shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO Shipping Lines, COSCO SHIPPIN

Container volume through the Port of Shanghai has increased 5.1 per cent year on year in the first half of this year, according to Shanghai International Port Group (SIPG). Looking at the monthly figures, Shanghai port handled 3.76 million

1.Shortly after it revealed plans for a new digital Danish Register of Shipping, the Danish Maritime Authority informed it reached an important milestone for digital certificates in Ningbo, China. 2.MacGregor, part of Cargotec, has received

The year-on-year declines in box volumes at the Port of Hong Kong have gained a depressing certainty about them as June marked the 17th straight month that could not match its predecessor from a year ago. Last month throughput fell 11.3% to