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Business / Shipping industry struggles

Courier firms eye air cargo expansion

[2012-11-28 10:19]

Chinese courier companies say they are looking at further expansion into air services as competition heats up in the local cargo sector, particularly from domestic airlines.

China may pilot carbon tax in shipping industry

[2012-10-22 17:08]

The Ministry of Transport is considering piloting carbon trading or a carbon tax in the domestic shipping business.

Chinese shipyards see rebound in new orders in Sept

[2012-10-17 13:19]

The global shipbuilding industry has seen a mild recovery as orders for new vessels rebounded to more than 3 million deadweight tons last month, and Chinese shipyards were still leading the industry.

ADB offers loan to China's logistics industry

[2012-10-16 09:20]

The Asian Development Bank announced on Monday it will loan $24 million to a Chinese logistics company, its first involvement in China's logistics sector.

China's top shippers join forces in container trade

[2012-10-13 17:03]

China's top two shipping giants, China COSCO and China Shipping, will join forces in a move that is a first for the domestic coastal container shipping industry.

Shipping industry struggles amid low demand

[2012-10-11 09:12]

China's sluggish shipping industry took its toll on many port enterprises in the third quarter of 2012 and those businesses may face even harder times in the rest of the year.

Port eyes big jump in cargo volume

[2012-10-09 10:24]

Qingdao port, the world's seventh-busiest by cargo volume in 2011, expects to see its cargo volume increase in double digits this year.

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