Chinas container transport for export purposes kept flat for the week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 818.97, flat with a week earlier, the exchange s

Chinas ports have handled just under 5.5 billion tonnes of cargo from January through May, a surge of 6.7 per cent compared to the same five months last year, according to the Ministry of Transport. In May, Chinas ports handled 1.2 billion

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday fell 2.1 per cent to US$701 per TEU, while the Shanghai-Mediterranean run edged down slightly to $726 per TEU, according to the Shanghai Containerised

Chinas iron ore futures finished higher on Monday. The most active contract for September 2019 delivery finished the day session up 4.74 percent to 873 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inves

China State Shipbuilding Co., Ltd. (CSSC) officially announced on July 1st, 2019 that it is planning a strategic restructuring with China Shipbuilding Industry Corporation Co., Ltd.(CSIC) and the relevant plans still need to be approved by

OOCL is very honored to receive the Top Ranked Carrier 2019 award, an achievement that would not have been possible without the strong votes of confidence from members of the Agriculture Transportation Coalition (AgTC) community who partici

1.Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping, to join the bidding for four 28,000 dwt product tankers. 2.EVE Energy, a Chinese lithium battery producer, has entere

Since its inception with the speech by Chinese leader Xi Jinping in 2013, the world has been trying to get its collective head around the BR concept and its likely impact. Since 2013, the media has been replete with contradictory stories, f

Haizhuang Wind Power (HZ Wind) under China Shipbuilding Industry Group Co., Ltd announced that the construction of its first-ever self-made 300 MW offshore wind power project has commenced in Dalian sea area, the company said on June 26. It

Oil prices fell on Friday, as the market was dampened by a surge in U.S. crude oil output in April and increased U.S. oil rig count this week. The West Texas Intermediate for August delivery decreased 0.96 U.S. dollar, or 1.62 percent, to s

International Maritime Organization (IMO) has been preparing ahead of the implementation date. From 1 January 2020, under IMOs MARPOL convention for the prevention of pollution from ships. Accordingly, the sulfur content of fuel oil used by

\ Seaborne trade keeps the world going. According to data released last year by the United Nations Conference on Trade and Development (UNCTAD), international seaborne trade expanded by 4 per cent in 2017 the fastest growth since 2012 and t

Chinas steel output and prices rose in May, according to the countrys top economic planner. Crude steel output jumped 10 percent year on year to 89.09 million tonnes, while coke production grew 5.7 percent to 40.16 million tonnes, the Natio

A pioneer in the use of LNG, the CMA CGM Group will operate 20 LNG-powered vessels by 2022 BALT 2 a redesigned service for Northern Europe, the Baltics and Russia, covering major ports with highly competitive transit times A fully eco-frien

Mingfa Liu, BSM China Managing Director, talks to China Economic Daily News about the development of the Maritime Industry in China and how BSM has impacted its international Shipping Market. Read now the full bilingual article below. 15483