Chinas iron ore futures ended higher on Thursday. The most active contract for September delivery finished the day session up 1.49 percent at 510 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s

A number of large ships fully loaded with cargo have passed through Taicang Port over the years, contributing to the high throughput of the port. From January to June of 2018, the total container throughput of Taicang Port, with a total of

In an exclusive interview, the deputy director of the Hong Kong Marine Department, SF Wong, discusses initiatives to meet customer expectations, the latest campaign to overcome chronic staff shortages, and the chances of creating overseas o

China National Offshore Oil Corporation (CNOOC) has begun production from two infill wells in the Weizhou 12-8 fields in the Beibu Gulf offshore China. Horizon Oil, a partner of CNOOC on the Beibu Gulf project, said on Wednesday that the co

Chinas exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the worlds two major economic powers ramp up a bitter dispute that some fear could de

1.Several marine incidents in China are reported to involve merchant vessels inadvertently entering fish farms, off the coast of Lanshan in the Shandong Province. Huatai Insurance Agency handled overall 71 fishery farm entry claims i

LONDON-based consultant Drewry forecasts that world container port throughput will increase by 240 million TEU, from about 745 million TEU at present to 985 million TEU by 2020. The medium-term outlook for global container port demand growt

China-US trade volume totaled 2.29 trillion yuan ($335 billion) in the first seven months, up 5.2 percent, accounting for 13.7 percent of the countrys total trade volume. China-US trade surplus increased 6.4 percent to 1.04 trillion yuan th

Chinese state-owned oil company Sinopec said on August 6 that it is constructing over a dozen natural gas storage facilities in northern Chinas Henan Province, aiming to ease gas supply shortage in winter. The company said on its website th

China has decided to impose an additional tariff of 25 percent on 16 billion dollars worth of US goods, the Customs Tariff Commission of the Chinese State Council announced on Wednesday. The decision followed the US announcement earlier tha

The first ice-class cargo ship, Tian En, refueled in Busan, a port city in South Korea, on Monday. Tian En, carrying wind power equipment, set sail from east Chinas Lianyungang City in Jiangsu Province to a European port on Saturday. At 10:

1.OOCL will continue to operate independently upon closing of the US$6.3bn acquisition by COSCO Shipping,which will make the Chinese carrier the world’s third largest shipping line. 2.The Hong Kong Maritime and Port Board is issuing

The merger of Orient Overseas (International) Limited (OOIL) and COSCO Shipping Holdings offers can effectively combine the respective strengths of both and optimize our global network, thereby achieving greater economies of scale and syner

New ship designs and dredging will open the river up to larger vessels. Xing Yi and Liu Kun report from Wuhan. As the point at which two of the countrys major transport routes－the north-to-south Beijing-Guangzhou rail line and the Yangtze

The city of Guangzhou announced the opening of another marine shipping route at Guangzhou Container Terminal on July 31 as a cargo vessel docked at Huangpu from Inchon. The ship Acacia Libra belongs to the South Korean shipping giant Pan Oc