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Foreign trade nears $1.2 trillion in 1st 7 months

The Chinese mainland's foreign trade reached US$1.17 trillion, up 24.4 percent, in the first seven months of 2007, according to customs sources. [Article]

Chinese ship exports record high during first half of 2007

For the first time China overtook Japan to rank the second in terms of vessel order book tonnages, a major shipbuilding index and took up 28 per cent share of the world market, the London-based Clarkson, a firm specialising in the global shipbuilding market analysis, said. [Article]

Global Freight Rate Round-up

With the development of global economy, especially Asian new economic body, there is a great demand on industrial materials all over the world. BDI grows all along the way from 4400 beginning this year to 6278 of June, averages at 5772 ps, up by 113%. On May 15th, the number climbed to the highest point at 6688, 480 points higher than the top in 2004. BCI, BPI daily chartering price arrived at US$1150, 000 and US$ 510, 000 respectively. [Article]

International Containerized Shipping Market

This analysis contains two parts: Pacific line and Asian/European Line [Article]

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