08 August 2014
China recorded a trade surplus of USD 47.3 billion in July 2014.
21 June 2019
09 July 2018
The Chinese government has vowed to put an end to the scrapping of ships not carrying a Chinese flag.
19 December 2017
Bunker fuel traders in China say the use of mass flow meters at local ports is increasing amid growing expectations their usage will become mandatory in the near future.
01 November 2018
The trade war and particularly the Chinese tariffs on imports of US soya beans can now clearly be seen with the start of the soya bean exporting period in the US.
22 March 2018
Free trade provides prosperity and peace. It’s a fundamental principle to cherish and safeguard. All trade-restrictive measures are in principle bad for shipping. Right now, the international atmosphere is full of threats of retaliation and it appears likely that major trading partners with the US like the EU and China will hit back to draw a line in the sand for the US Administration and President Trump.
08 January 2019
Chinese regulators have updated part of its domestic emission control area (DECA) regulations with effect from 1 January 2019 but has not yet placed a full ban on open-loop scrubbers as reported widely.
10 October 2018
Meanwhile the exports of soya beans to China from the US are down 31% for the first eight months and 95% in August alone, compared to the same periods of least year.
09 January 2019
Piracy in the Gulf of Guinea is an unacceptable burden to seafarers and shipping companies. Around 40 ships have been attacked in the Gulf of Guinea in the past 12 months. Most recently, six seafarers were kidnapped from the MSC Mandy, which was on the way to Lagos, Nigeria. BIMCO asks, on behalf of its members, that maritime powers increase their presence and expand their collaboration with local states to curb piracy.
13 February 2018
Chinese seaborne imports of iron ore, coal and crude oil have all grown strongly throughout 2017. Both seaborne imports of crude oil and iron ore have reached the highest levels ever recorded, while coal reached the highest level in three years.
Imports of crude oil and coal have benefitted the shipping industry to the greatest extent as both volumes and distances have increased.