Malaysian palm oil futures closed lower for a third consecutive session on Tuesday, as profit-taking and weak market sentiment weighed, while traders waited for...
The US decision to proceed with port fees has prompted China to confirm reciprocal charges on vessels with partial US ownership.
Analysts expect Chinese port...
The price difference between Japanese and Chinese-built bulk carriers is widening, with recent sales showing that buyers continue to prefer Japanese tonnage.
Dry bulk sale...
German shipowner H Vogemann has been linked with high-profile orders at China’s Hengli Shipbuilding, including a VLCC and two Capesize bulk carriers
Guangdong Songfa Ceramics...
On the evening of October 13, Guangdong Songfa Ceramics Co., Ltd. announced that the shipbuilding contracts for three vessels from its subsidiary company Hengli...
“Section 301 Investigation” Officially Implemented
The “Section 301 Investigation” was officially implemented on October 14, with BIMCO estimating that approximately 35% of ships could be...
On October 13, *ST Songfa issued an announcement stating that the contract for the construction of three vessels of its subsidiary Hengli Shipbuilding (Dalian)...
China Marine Bunker (PetroChina) (Chimbusco) announced that China’s first domestically built methanol dual-fuel container vessel successfully completed its maiden voyage to the U.S. West...
Market Commentary:
Beijing has answered Washington’s planned port dues with its own maritime counterpunch. From the same day the U.S. measure takes effect, China will...
