SCFI Rises for Seven Consecutive Weeks, Four Major European and US Routes Post Weekly Gains Exceeding 10%
Ocean freight rates continue to climb.
HD Hyundai Accelerates Nuclear-Powered Ship Deployment, Design Gains Class Society Approval
HD Hyundai Group has recently taken a pivotal step in the field of nuclear-powered commercial vessels.
China’s export container transport gains momentum in September
China’s container transport for export purposes gained momentum in September, according to new data from the...
Hudong-Zhonghua gains AIP for LNG carrier design
The reputation of China shipbuilders in the booming liquefied natural gas (LNG) carrier market is rising with ABS...
Dalian coking coal extends gains as smog crackdown tightens supplies
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices as environmental inspections in major coal mining hubs of Shanxi and Shaanxi province increased concerns about falling output.
China steel extends gains amid potential output curbs ahead of summit
China’s steel futures climbed more than 2 percent to a 1-1/2-week high on Wednesday amid unconfirmed market talk of production curbs in cities surrounding Beijing ahead of the New Silk Road summit in May, which helped to lift iron ore futures
Shanghai steel extends gains amid capacity cuts, lifts iron ore
Shanghai rebar steel futures rose for a third session on Thursday, supported by China’s campaign to eliminate surplus capacity, although concerns over tepid seasonal demand capped their upside.