Industrial overcapacity to be further tackled in 2017


 Reuters 30.12.2016

Chinese state newspaper says capacity cuts in steel and coal will be increased, while campaign will be extended to sectors including cement, glass, electrolytic aluminium and shipping

China will increase its targets for capacity cuts in steel and coal in 2017, while extending its campaign against overcapacity to industries such as cement, glass, electrolytic aluminium and shipping, a state-run newspaper said on Friday.

China has vowed to restructure its vast industries to tackle inefficiency and cut capacity overhangs – early in 2016 it promised to cut around 500 million tonnes of coal capacity and 100-150 million tonnes of steel capacity in three to five years.

The world’s top producer and consumer of coal and steel will aim to raise the

Seguir leyendo


 Changing the face of oil & gas in Southeast Asia


Andre Wheeler

On Saturday, 17 September 2016

Facebook Tweet Google +0  4  7



China is seeking more efficient ways to deliver oil and gas, bypassing the Malacca Strait. Photo: EPA 

There has been much commentary surrounding the development, conception, and now the roll out of the New Silk Road (One Belt One Road) by China. Much of this commentary has focused on whether it will happen and the commercial viability of such an audacious plan. 

In my view, it is already happening and what commentaries miss is that the scope of the New Silk Road extends beyond simply building infrastructure. It is a logistics and transportation network that focuses on those regions promising high economic growth with strategic resources,

Seguir leyendo

Maritime transport of goods - quarterly data





Data extracted in June 2015. Most recent data: Further Eurostat information, Main tables and Database. Planned update: October 2015

This article presents the main results from quarterly statistics on maritime transport of goods in the European Union (EU), plus figures for Iceland, Norway and Turkey. It covers the gross weight of goods handled in the main European ports, by type of cargo, direction, reporting country and various partner maritime geographical areas. These data are complemented by maritime transport flows with the main extra-EU partners, and with individual results for the major European ports.

The article contains data for the 3rd quarter of 2014 and a first estimate for the

Seguir leyendo

Mercado de fletes. Carga seca

El negocio naviero, el mercado de fletes, se encuentra, según destacados expertos, en la posición más angustiosa desde mediados de de los años 1980.

La contracción experimentada por la demanda de carga seca a granel por parte de China y la desaceleración experimentada por la economía a nivel mundial han provocado un grave desequilibrio en este segmento del mercado, en el que ya son evidentes las consecuencias del exceso de oferta de buques graneleros.

Las previsiones a corto y medio plazo son poco favorables.


Nueva Línea


WEC Lines inaugurará el próximo 10 de febrero una línea semanal que tendrá como base el puerto de Seaforth y conectará con puertos de la península ibérica, Norte de África y Canarias.


A partir del puerto de

Seguir leyendo

China’s Economic Slowdown: How Bad Is It?








By John Cassidy

 Tuesday was another nervy day on Wall Street: the Dow closed down almost four hundred and seventy points, or about three per cent. The immediate issue, once again, was China, which by some measures is now the world’s second-largest economy. In Beijing, the government released a set of figures indicating that output from the country’s enormous manufacturing sector is declining. Another new statistic showed that the Chinese services sector, which has been growing pretty strongly, is now exhibiting some weakness, too.

At least two interpretations of the data are possible. The optimistic reading is that several one-off factors, including the temporary shuttering of factories in northern China to relieve pollution in Beijing, depressed the manufacturing

Seguir leyendo