
China Coal Imports Fall Sharply
China's coal imports dropped sharply in August from the month before, customs data showed on Friday, after...
Freight Rates Rise Sharply on Surging Demand
Spot fares on container ships are trending higher, lifted by robust shipping to the US and a decrease in capacity cause in part by the failure of South Korea’s Hanjin Shipping.
Banks’ exposure to major shipbuilders sharply down
South Korean banks’ credit exposure to the country’s three major shipbuilding companies was reduced by 5.4 trillion won (US$4.7 billion) in 2016 due to their restructuring efforts, data showed Monday.