Shipping Rates in China Surge to 16-Month High
The cost of hauling iron ore and coal along China’s coast rose to a 16-month high, adding to signs the nation’s demand is strengthening for the
The cost of hauling iron ore and coal along China’s coast rose to a 16-month high, adding to signs the nation’s demand is strengthening for the
The cost of hauling iron ore is poised to rise to a three-year high after shipments to China expanded to a record, boosting returns for Nippon Yusen K.K. and
China Shipbuilding Industry Co., a supplier to the Chinese army, plans to raise as much as 8.48 billion yuan ($1.4 billion) from the sale of shares to acquire
HONG KONG, Sept 6 (Reuters) – Shanghai shares climbed to an 11-week closing high on Friday, helped by counters linked to sea transport after local media
Sept. 5 (Bloomberg) — The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices
In an article yesterday in ZeroHedge, Tyler Durden recalls from earlier this summer, “problems with the industry-specific data underlying the Chinese
Why has there been a relatively sudden demand spike for dry bulk shipping since June 2013? The origins lead directly back to an “Unofficial Economic
The real estate problems in China dwarf those experienced in the U.S. from 2006 to 2010 by a significant factor. Supported by economic programs
Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market
Aug. 19 (Bloomberg) — China Shipping Development Co., the commodities-carrying unit of China’s No. 2 shipping company, posted a wider first-half
BEIJING, Aug 14 (Reuters) – China National Offshore Oil Corp (CNOOC) said it had won final government approval to build China’s first floating
Interview with Vale’s Executive Director for Ferrous and Strategy, José Carlos
Aug. 13 (Bloomberg) — The seaborne iron ore market is poised for at least four years of expanding gluts as producers from Rio Tinto Group to Vale SA
Aug. 8 (Bloomberg) — Vale SA, the biggest iron-ore producer, forecasts the steel-making ingredient’s main buyer China will increase steel output
Aug. 9 (Bloomberg) — China will surpass the U.S. by October to become the world’s biggest net oil importer on a monthly basis, the Energy
By Rujun Shen SINGAPORE, Aug 7 (Reuters) – Yangzijiang Shipbuilding (Holdings) Ltd, China’s second-largest listed shipbuilder, is standing tall in
Aug. 5 (Bloomberg) — China issued a three-year plan to urge financial institutions to support its troubled shipbuilding industry, the world’s
The first decade of the 21st century was marked by Chinese demand for industrial commodities to build and expand cities and infrastructure. The
One should not expect that shipyards in China will disappear so quickly. For the most part, shipyards in Jiangsu, China’s largest shipbuilding province,
By Rujun Shen and Ruby Lian SINGAPORE/SHANGHAI, July 23 (Reuters) – Banks have tightened lending to Chinese shipyards, putting more pressure on an
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