News
2026 Southeast Asia: Falling Crude, Sky‑High Bunkers - Is the Second‑Hand Ship Boom Sustainable?
In 2026, international crude oil prices have declined, yet the actual fuel costs borne by shipowners and industrial enterprises in Southeast Asia have risen sharply. This market anomaly is reshaping business operations across Southeast Asian countries and restructuring the pricing trend of secondhand vessels. For bulk carriers operating across the Strait of Malacca, Vietnamese manufacturers relying on imported raw materials, and Indonesian traders waiting for palm oil loading, oil prices...
29.5% Coal Import Growth: How China’s New Strategy Rewrites Dry‑Bulk Market Outlook
I. Policy Review: The Core of This Round of Coal Policy 1.1 Guiding Document: the Coal Industry Development 15th Five-Year Plan (official document) On July 6, 2026, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) jointly issued the Coal Industry Development 15th Five-Year Plan (NDRC Energy Document No. 979 [2026]), which was publicly released on August 10, 2026. This is the guiding, formal document for...
22 Chinese Firms Wrap Up U.S. Visit: Four Signals for Secondhand Vessel Investors
From July 27 to 31, 2026, a delegation of 22 Chinese companies organized by the China Council for the Promotion of International Trade (CCPIT) visited the United States, holding more than ten business sessions with over 120 American firms across Salt Lake City, Chicago and Washington, D.C. Among the US companies at the table was Cargill, one of the world's largest dry-bulk ship charterers — a quiet reminder that missions...
Why China-Indonesia Nickel Resource Policy Disputes Won’t Stop Growth of Cross-Border Shipping Routes
In 2026, Indonesia intensively rolled out mineral resource control policies — nickel mining quotas slashed by more than 30%, coal production cut by 24%, and strategic resource exports placed under full state control.These policy changes have notably altered the industrial chain operating environment for Chinese-funded enterprises in Indonesia and reshaped cargo volume structures and capacity demand on shipping routes between China and Indonesia. Meanwhile, major carriers including OOCL, MSC and...