Imported iron ore market remains robust amid partial price hike in the light of upward fluctuation in futures market. Partial traders hiked offers by RMB5-10/tonne. Currently, spot transaction was concentrated on mainstream iron ore resourc

The Emirates Sana container ship left Xiamen for the United Arab Emirates on June 18, marking the launch of a new foreign trade route at Xiamen port. Built in 2006, the 100,000 ton cargo ship is 304 meters long and capable of carrying up to

A freight vessel carrying 1,815 commodities from Incheon, South Korea, including cosmetics, electronic toothbrushes and sneakers, arrived at Yantai port on June 21. The arrival of the vessel came on the same day as the citys first internati

Pacific Basin Shipping, Hong Kongs leading bulk specialist, yesterday closed a US$325m revolving credit facility secured over 50 of the companys owned ships. We are very pleased with the terms of this important new milestone transaction for

Japans Mitsui OSK Lines yesterday revealed it has entered into a preliminary agreement with Hong Kong energy provider CLP Power to supply a Floating Storage and Regasification Unit, as well as Jetty Operation Maintenance Services for the Ho

China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lankas Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the effect was handed over to the Chairman of

The Port of Hong Kong saw container throughput slide 5.4 per cent in May to 1.73 million TEU compared to the same month last year when throughput totalled 1.82 million TEU. On a year on year basis May was the fourth month in a row that cont

Chinas imports of liquefied natural gas (LNG) rose in May as the country continued its switch from coal and oil to natural gas in a push for cleaner air. China imported 4.15 million tonnes of LNG last month, up 42.8 percent year-on-year, ac

1.ILLUSION PLUS, Chinese-built super yacht and the largest super yacht in Asia, started the seatrails after departing from the port in Yantai, China, and successfully finished its sea trial on 24th June, 2018. 2.China Merchants Po

Under the terms of the MoU, the Liberian Registrys technical competence will be employed to help shipyards and shipowners improve their innovative strategies. The CCS MoU has a particular focus on innovation and technology within the intern

Chinas imported iron ore market was relatively stable. Futures market at DCE rose slightly while steel mills were not willing to accept the price hike, thus a few transactions were concluded. PB fines were traded at RMB453/tonne in Tangshan

China Merchants Port Holdings Co (CMPort) finalized the acquisition of the Australian port of Newcastle, according to the companys website. Newcastle, located in the state of New South Wales, is the largest port on Australias east coast, an

Secretary for Commerce and Economic Development Edward Yau says Hong Kong is worried about the worsening trade row between China and the US given that 17 per cent, or HKD60 billion (US$7.6 billion) worth of Chinese exports in question passe

Chinas Cosco Shipping Lines has held a naming and delivery ceremony at Jiangnan Changxing Shipbuilding for its latest 14,500 TEU newbuild that has been named Cosco Shipping Denali. Flying the flag of Hong Kong, the 366 metre long and 51.2 m

Chinese companies have invested billions of dollars in planned steel and coal projects as they chase new markets by shifting production to south-east Asia. In the past four years, Chinese steel companies have funded 32 million tonnes of ann