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

Worldwide Cruise Terminals, manager and operator of Hong Kongs Kai Tak Cruise Terminal achieved a new local record-setting highest throughput day of 15,307 cruise passengers on 15 June 2018. On the day the Terminal hosted two mega cruise sh

The International Maritime Organizations mode of operation is being subjected to growing complaint in, at a time when nerves are stretched in the run-up to the global 0.5% sulphur cap on 1 January 2020. The latest antagonists are Australia

1."Chinese seafarers career happiness index" has been released in Dalian Maritime University on June 25,the international seafarer day, which is jointly?conducted by the Institute of Shipping Development of Dalian Maritime University and Xin

Chinas imported iron ore market was relatively active with prices trending upwards. Australian fines in northern China markets rose by RMB5/tonne or so, and Brazilian high grade iron ore resources and iron ore lumps saw a larger growth. Inf

US boat makers Wednesday urged President Donald Trump to immediately withdraw high tariffs on alloy aluminum sheet imports from China, saying these harmful policies will cost American industries dearly. The administration claims their trade

OPEC Secretary general Mohammad Sanusi Barkindo has said that OPEC deal with several non-OPEC nations in 2016 saved the oil industry. Speaking ahead OPECs annual meeting in Vienna on Wednesday, Barkindo said the impact of the December 2016

Shanghai steel futures climbed 1% on June 21, recovering from a two-day slide, after China said it was considering to use monetary policy measures to support its economy amid rising trade tensions with the United States. Chinas state radio

A series of marine emergency drills were held yesterday off the northern coast of Hangzhou Bay, Jinshan District, by Shanghai Marine Rescue Coordination Center. More than 30 organizations participated in the drills, which involved 20 differ

Currently, Guangdong, Hong Kong and Macao are eagerly awaiting the release of the outline of the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area. If past experience is any guide, the outline is likely to be a framework o

VV Analyst Court Smith, discusses whats next for the shipping industry if possible tarrifs are put in place by the US against China. Tankers The restriction on US crude exports was lifted in December of 2015, removing a market distortion th