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On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours.
China’s state-owned Cosco shipping giant had purchased a 60% stake in the port for US$1.6 billion (A$2.6 billion), which gave the company exclusive use of the port for 60 years. Days later ...
Chinese port activity slumped in early April, with data indicating that exports to the U.S. have been hammered by President Trump’s tariffs. The cargo handled by ports across China over the ...
China's weekly processed cargo volumes through its ports dropped nearly 10% sequentially as U.S. President Donald Trump's tariffs kicked in. According to Ministry of Transport data, Chinese ports ...
China faces losing a strategic port in the Southern Hemisphere as Australia on Friday vowed to bring Darwin Port under its ownership again.
China has studied options for a deep-water port at the western end of the Northern Sea Route, or NSR: a key leg on its proposed Polar Silk Road. As the closest town with unfettered access to ...
China has held up the $23 billion sale of dozens of ports worldwide — including two key ports in the Panama Canal — to a group led by US investing giant BlackRock after President Trump express ...
The cargo handled by ports across China over the April 7-13 period tumbled 9.7% from the week before to 244 million tons. That’s sharply weaker than the 0.88% loss registered during the previous ...