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Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
Belt and Road shippingCOALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among countries involved after a two-year trial, China’s Xinhua News Agency reported.

According to Xinhua, the indices include a Belt and Road trade index, a Belt and Road freight volume index, and a Maritime Silk Road freight index.

"The Belt and Road Initiative or the Silk Road Economic Belt and the 21st Century Maritime Silk Road was proposed by Chinese leadership in 2013 to build trade and infrastructure links along ancient overland and maritime Silk Road routes, connecting countries in Asia, Europe, Africa, and Oceania", Xinhua said.

As quoted by Xinhua, SSE President Zhang Ye said the Belt and Road will lead China's opening-up efforts and the shipping industry keeps tabs on trade volume and freight rates. The indices will boost market transparency.


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Recent News

Friday, 28 April 17
DELTA DUNIA RECORDED $24 MILLION NET PROFIT FOR FIRST QUARTER OF 2017; UP 700% Y/Y
COALspot.com: PT Delta Dunia Makmur Tbk. has announced its financial results for the first quarter of 2017  yesterday.  According to the ...


Thursday, 27 April 17
PACIFIC IS SOFTENING WITH MORE TONNAGE OPENING AND LESS COAL ORDERS AROUND - FEARNLEYS
Supramax Relatively slow week, with both basins showing signs of cooling down. Although grain cargoes out ECSA and ECCA on Ultras still delivered ...


Wednesday, 26 April 17
IRON ORE PRICES HAVE BEEN ON A ROLLERCOASTER RIDE OVER THE LAST MONTH - CHRISTOPHER WHITTY
Iron ore prices have been on a rollercoaster ride over the last month. Prices started the year on a very positive note, surging up to their highest ...


Tuesday, 25 April 17
FIONA POUNDS: VALID TENDER OF NOTICE OF READINESS
KNOWLEDGE TO ELEVATE In the recent English High Court case of MV Arundel Castle1, the Judge ruled that a vessel, that could not immediately pr ...


Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...


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