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Economics & Trade

Thursday, 27 September 2012 16:37

Demand for “Green Ship” grows, replacing all older tonnages ^Featured

>> Global: Despite a forecast that world shipping freight rate would decrease, demand for newbuilding commercial ship is growing instead. Fuel-efficient eco-friendly vessel is an optimal choice during recent days…

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Thursday, 27 September 2012 16:24

China’s anti-Japanese demonstrations damage trade flows

>> Beijing: As the tensions between China and Japan intensify over the sovereignty of a group of uninhabited islands in the East China Sea, a trade war between the second…

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Thursday, 27 September 2012 16:13

Golden Week holiday to close 20% of Asia-Europe shipping capacity

>> Beijing: Golden Week on mainland China has resulted in the cancellation of 22 sailings on the Far East-Europe route in October, in anticipation of weak demand around the time…

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Thursday, 30 August 2012 17:24

As GDP growth slows down, so does demand for dry bulk shipping ^Featured

>> Global: The summer lull in the freight market is soon to be over as we enter into the seasonally-stronger final five months of the year. It has been a…

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Thursday, 30 August 2012 17:07

China’s largest coal producer predicts price recovery

>> Beijing: Coal prices in China are likely to rebound later this year as inventories decline and demand recovers along with the economy, the nation’s leading coal producer China Shenhua…

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Thursday, 30 August 2012 17:07

Hong Kong and Guangdong to check feeders for safety

>> Hong Kong: The Hong Kong Marine Department will join Guangdong Maritime Safety Administration (GDMSA) and Shenzhen Maritime Safety Administration (SZMSA) to carry out the Concentrated Inspection Campaign throughout September.…

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Thursday, 30 August 2012 16:55

Heilongjiang trade value to Russia up 85% to US$6.04 billion in first-half

>> Harbin: Northeast Heilongjiang province posted an 85.3% increase in value of imports and exports to Russia in the first half of this year, hitting US$6.04 billion, reports Xinhua. The…

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Monday, 30 July 2012 21:14

Chongqing to build European trade distribution centre in 2012 ^Featured

>> Chongqing: Liangjiang New Area will build a distribution centre for European trade cargo later this year to attract transnational retailers involved with e-commerce and logistics and further exploit Chongqing-Xinjiang-Europe…

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Monday, 30 July 2012 20:42

Recession puts small businesses on brink

>> Beijing: China's shipping industry is grappling with a recession caused by waning demand and higher costs, and many small businesses are facing bankruptcy, the Ministry of Transport said yesterday.…

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