China News

 

China, U.S. Trade Frictions Heat Up in Advance of Trump Inauguration

Dec 03, 2024

China has banned exports to the U.S. of items related to the minerals gallium, germanium and antimony that have potential military applications, its commerce ministry said on Tuesday, a day after Washington's latest crackdown on China's chip sector…

Sallaum Lines Orders Six PCTC Vessels

Nov 26, 2024

Sallaum Lines has ordered six additional Pure Car and Truck Carrier (PCTC) vessels from China, two with Fujian Mawei Shipbuilding Co Ltd. (2 x 7,500 RT SDARI design) and four with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. (4 x 7,400 RT Deltamarin design)…

Canal Project to Connect Cambodia's Mekong to the Gulf of Thailand Sinks

Nov 21, 2024

At a ceremony in August, Cambodia's leader Hun Manet knelt to receive blessings from saffron-robed monks as fireworks and balloons heralded the breaking of ground for a canal he hopes will transform his country's economic fortunes. Addressing hundreds of people waving the Cambodian flag…

China's Xi Arrives in Lima to Open Megaport

Nov 14, 2024

Chinese President Xi Jinping arrived in Lima, Peru, on Thursday, kicking off a week-long diplomatic blitz in Latin America by inaugurating the massive Chancay deep-water port, one of Beijing's most ambitious infrastructure investments in Latin America…

All Eyes on China as Trump Retakes the White House

Nov 06, 2024

Donald Trump’s victory in the US Presidential Election is has importers on edge, fearing another spike in ocean container shipping freight rates premised on President Trump's vow on blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China…

US Ports Applaud Exemption on Crane Tariffs

Sep 15, 2024

The American Association of Port Authorities (AAPA) has applauded the exemption granted in the United States Trade Representative's (USTR) decision to finalize a 25% tariff on ship-to-shore cranes.The final determination excludes cranes manufactured…

Shanghai Braces for Typhoon Bebinca

Sep 15, 2024

Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949…

Chinese Dry Bulk Imports Defy Domestic Concerns

Sep 11, 2024

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation.A combination of inventory build-up and commodity specific developments have contributed to strong import demand…

China’s Largest Ports Suited to Green Shipping Corridors

Aug 22, 2024

A new study from the International Council on Clean Transportation has investigated the feasibility of establishing green shipping corridors for China’s coastal shipping.The researchers assessed whether the ships could be powered by renewable hydrogen…

As China's Renewable Energy Soars, Coal Peak in Sight

May 23, 2024

Between January and April 2024, China’s electricity generation from renewables surged 12% year on year, significantly outpacing the 6% growth in generation from fossil fuels. While steam coal shipments to China rose 29% year on year, they are starting to feel the pressure from stronger renewables…

China, India Boost Seaborne Thermal Coal Imports as Power Demand Surges

Apr 02, 2024

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…

Asia Crude Imports Surge as China, India Snap Up Russian Oil

Mar 28, 2024

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27…

Philippines to Build Islands Port Near Taiwan

Mar 22, 2024

The U.S. military will not be involved in development of a port in the Philippines' remote northernmost islands near Taiwan, the local governor said, removing a potential source of friction with China over the U.S. presence in the region.The governor of the Batanes islands…

Oil Production, Chinese Buying Buoys Brazil Crude Exports 19%

Feb 14, 2024

“The reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russia’s exports from Europe to Asia while OPEC production cuts in 2023 increased the Americas’ share of exports. Brazil’s oil production increased by…

China Completes Its Largest Port Oil Storage Facility

Aug 24, 2023

The third phase of China's largest single coastal oil storage facility has been completed and went into operation on Wednesday in Qingdao port, in the eastern province of Shandong, the state media outlet China News reported.The third phase of…

Logistics News

AAPA Honors Jonathan Daniels with Port Leadership Award

AAPA Honors Jonathan Daniels with Port Leadership Award

Nakilat Reports $360m Profit for Q3

Nakilat Reports $360m Profit for Q3

Naftoport to Build Jetty at Gdansk Oil Terminal

Naftoport to Build Jetty at Gdansk Oil Terminal

Honeywell Introdcues Biomass Conversion Technology

Honeywell Introdcues Biomass Conversion Technology

Subscribe for Maritime Logistics Professional E‑News

India considers $12 billion plan to bailout state power distributors
Air India CEO promises improvements in first public remarks after deadly crash
Temasek-backed group to buy China's ANE at $1.84b valuation