China Completes Its Largest Port Oil Storage Facility
The third phase of China's largest single coastal oil storage facility has been completed and went into operation on Wednesday in Qingdao port…
Source: maritimeprofessional.com
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Shandong Port Group creating port cluster of over 40 million teu
Shandong Port Group (SPG) is to accelerate efforts to establish a world-class port cluster in the Chinese province.
Source: seatrade-maritime.com
Seaborne Coal Volumes Hit Record Highs In 2023
Despite the rise of renewables, coal production and consumption reach record highs in 2023, with Asia's strong demand offsetting the West's decline.
Source: oilprice.com
China is a developing country in rapid transition
While China's status as a large developing country has enjoyed profound factual support and is widely recognized by the international community, the US has never relented its moves of trying to deprive China of its developing country status, aiming to contain and crack down on China's development. In its latest attempt, the US Senate committee in early June passed the
Source: globaltimes.cn
There's more coal being shipped by sea than ever before
The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more. The post There’s more coal being shipped by sea than ever before appeared first on FreightWaves.
Source: yahoo.com