The Peoples Bank of China, the countrys central bank, said on 24 May it had extended a currency swap agreement with the State Bank of Pakistan. The swap is sized at 20 billion yuan ($3.1 billion) or 351 billion Pakistani rupees, according t

1.China's Ministry of Commerce on Wednesday published the names of 11 private refineries with a plan to allow them to directly import crude oil. 2.The signing ceremony of the strategic cooperation agreement between Tianjin Port Group and

Oil prices decreased on Friday as major crude producers were reportedly considering to ease the production limits they put in place last year. The West Texas Intermediate (WTI) for July delivery decreased 2.83 U.S. dollars to settle at 67.8

Chinese space tracking ship Yuanwang-3 has returned to port in east Chinas Jiangsu Province after completing a three-month maritime space monitoring mission. The ship docked at a port in Jiangyin City, Jiangsu Province on Friday. The missio

During the SMM advance press conference, experts and top-flight industry representatives gave a preview of the topics that will be in focus at the leading international maritime trade fair in Hamburg from 4 to 7 September. Top items on the

Chinese steel and iron ore futures rose on May 25, with concerns over demand easing amid declining steel inventories in the worlds top producer of the material. Stockpiles of rebar construction steel at traders had this week fallen 410,000

Arthur Bowring finally retired from duty on a splendid night of celebration and accolades at the Renaissance Harbour View on 24 May. Many of Hong Kong Maritimes leading lights gathered at the hotel to wish Mr Bowring a happy retirement foll

The Hong Kong Shipowners Association (HKSOA) has voiced its support for the recommendations contained in the Maritime Leasing Paper that was published by the Financial Services Development Council (FSDC) and concerns the long-term growth of

1.Seven people are missing after a ship sank in seas off east China's Shandong Province, local authorities said Wednesday. 2.China National Offshore Oil Corp. (CNOOC) said its Guangdong Dapeng LNG terminal hit a milestone of unloading and

Chinas Ministry of Commerce on Wednesday published the names of 11 private refineries with a plan to allow them to directly import crude oil. The ministry said it has examined the firms applications and found them in accordance with require

The signing ceremony of the strategic cooperation agreement between Tianjin Port Group and China National Heavy Duty Truck Group The same day of the opening of the 2nd World Intelligence Congress, Tianjin Port Group signed a strategic coope

The Hong Kong Shipowners Association yesterday echoed a call for top to bottom reform of the territorys maritime sector, issued by the Financial Services Development Council on Monday. The HKSOA shares the FSDCs concern that Hong Kong must

In Tuesdays Arrow to the point we argued that China could direct its state-owned crushers to buy US soybeans and on Wednesday Beijing did precisely that by signalling state-run grain purchasers to buy more from America. But it is not just s

1.One 3824kW ASD tugboat named ”Da Gun Lun 1” which was designed and built by Jiangsu Zhenjiang Shipyard for Tianjin linGang Shipping Co.,Ltd was delivered successfully，starting the sail smoothly. 2.CPC Corporation Taiwan (CPC) is c

Seven people are missing after a ship sank in seas off east Chinas Shandong Province, local authorities said Wednesday. The ship registered in Henan Province with 11 on board sank at around 6 a.m. Tuesday in the north Yellow Sea, said city