Baltic index at lowest in over five months on lower capesize, supramax rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged down on…
Dry Bulk Shipping: Indian Coal Imports Declining
India’s coal imports have been declining, affecting seaborne coal demand. In a recent weekly report, shipbroker Banchero Costa said that…
China’s Hengli Claims Industry First Floating Four VLCCs Simultaneously
The rapid rise of China’s Hengli Heavy Industry into one of the leading global shipbuilders took a new step with…
South Korean Shipbuilders Achieve Market Share Gains for 2025
Despite an overall challenging year in the shipbuilding sector, reports indicate that the South Korean shipbuilding industry is expected to…
Report: U.S. Still Plans to Seize Fleeing Russian-Flagged Tanker
The Venezuela-linked tanker that turned around and fled across the Atlantic after a U.S. interception is still in a slow-speed…
China’s booming cycling economy pedals toward “immersive” outdoor consumption
Whether traversing the breezy coastal greenways of Shenzhen, a coastal city in southern China, or “looping” the 100-kilometer urban parkway…
China’s services growth hits 6-month low in December, shows private PMI
China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and…
Yemen’s Houthis would benefit if fighting begins again
Recent Saudi airstrikes against UAE-aligned separatists have escalated tensions in southern Yemen. With Saudi Arabia and the UAE backing opposing…
Accommodating emerging giants in the global economy
History provides many examples of large changes in the relative economic size of nations. This column examines the impact of…
China deepens business cooperation with Belt and Road partners in 2025
Chinese industrial and commercial enterprises have deepened pragmatic cooperation with Belt and Road partner countries in trade, investment and industries…