Already hampered by heavy snowfall across wide swathes of the country last week which affected deliveries of key commodities such as thermal and coking coal and liquefied natural gas (LNG), China looks set for more supply issues as a cold front...
The Qinhuangdao Port Co said it has seen annual overall throughput rise 22% in 2017 to 380.6m tons at all the ports in its portfolio.
The recovering economy also revenue rises and a huge spike in net profit for northern China commodities-focussed port group Qinhuangdao Port in the first nine moths, with profit rising more than fivefold to RMB857.3m ($129m) from RMB155.6m...
Japan’s Mitsui OSK Lines (MOL) has signed a coal transport contract with Thermal Powertech Corporation India Limited (TPCIL), jointly owned by Singapore’s Sembcorp Industries and India’s Gayatri Projects Limited.
Riding high on wave of market optimism, freight rates have entered an upwards phase as result of seasonally high demand for steel and iron ore in China. The bullish market is prompting freight market participants to seize the moment and capitalize...
Freight rates might never be the same – at least as compared to last year’s doldrums - and instead are looking to push to new highs. It may be some way off the “boom-time” highs but the Baltic Dry Index (BDI) pushed past the 1,000-point level...
A combination of bad weather and road blockages along with a recent rises in coal demand from China has led to bad congestion at Kalimantan ports and disruption of coal supplies, Reuters reported.
The new joint venture between Sharaf Shipping Agency and Ben Line Agencies will allow both businesses to compete on a global level, according to its ceo, Terry Gidlow.
Demand for coal from China is likely to remain the key uncertainty for dry bulk shipping in 2017 according to the Singapore Exchange (SGX).