The most active contract for January 2019 delivery ended the day session up 1.71 percent at 506.50 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors since May 2018. Sources:cctvplus Please Contact

Greeces Piraeus Port has witnessed significant development ever since its management was taken over by the COSCO Shipping Corporation under a 35-year lease. As part of the Belt and Road Initiative, the port is getting transformed into a sig

More Chinese commercial ships will travel along the arctic routes as China establishes a Polar Silk Road under the Belt and Road Initiative. Chinas commercial boat Yongsheng sailed through the Arctic Northeast Passage, from China to the Net

The Cemtex Pioneer, a vessel carrying U.S. soybeans that was caught up in the China-U.S. trade row, has left east Chinas port of Nantong near Shanghai, according to shipping data on Thomson Reuters Eikon on Sunday. The vessels draft is now

Chinas imported iron ore market gradually stabilize in the morning amid slight increase in partial resources. Traders show strong desire to deliver especially when futures market strengthens markedly in the afternoon. Steel mills are not in

1.Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Mings Chairman Bronson Hsie

The Baltic Dry Index (BDI) started the week on firmer foot despite the trade tensions between US, China and Turkey that waned investors confidence. By Wednesday, 15 August 2018, the BDI had hiked progressively since the start of the week to

HONG KONG shipowner SITC International Holdings has posted a seven per cent year-on-year increase in first half net profit to US$91.8 million, drawn on revenues of $692.8 million, up 7.3 per cent. SITC, an intra-Asia carrier and logistics f

The Yangtze River runs through some of Chinas most economically developed regions, but reaching the ocean from some of those areas has always been something difficult. Now a newly designed ship used specifically for ferry between ports alon

Chinese ice-class cargo ship Tian En on Friday crossed the Bering Strait, starting its maiden voyage in the Arctics Northeast Passage, a waterway known as the Polar Silk Road. Tian En, COSCO SHIPPING Specialized Carriers Co.s multi-function

Under the influence of typhoon Rumbia, heavy rain and strong wind began to hit Bengbu City in east Chinas Anhui province on Friday afternoon, forcing nearly 300 cargo ships to anchor the ship lock as the Bengbu lock along the Huaihe River l

In the spirit of the Belt and Road Initiative, a Chinese investment in Spain is proving beneficial to both sides. Chinas COSCO Shipping Ports became the major shareholder in Noatum Port Holding in Spain in late 2017, operating important sou

Logistics industry insiders called on Hong Kong to enhance its high-end shipping services, rather than focusing so much on container throughput. Doing so, they said, would burnish its reputation as an international shipping center. Hong Kon

1.Norwegian oil service company Aker Solutions will install 35 kilometers power umbilicals for a Chinese oil company in the South China Sea. 2.Danish shipping and logistics company DFDS has exercised an option at China’s Jinling

Low-sulphur ship fuel, decarbonisation, ballast water management: Stricter international emission limits have moved environment protection to the top of the maritime industrys agenda. The topic will also feature prominently at SMM, the indu