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China will raise warehouse fees for imported iron ore from June 1 at Tianjin, a major port in north China, a port document said, as the government moves to cut iron ore stockpiles that are clogging Chinese ports. Stockpiles of imported iron ore at Chinese ports have hit an all-time high of nearly 80 million tonnes, while the high volume of imports ha...
Russia's oil and gas condensate production inched down 0.7 percent to 39.7m tonnes in April 2008 compared to the same month a year earlier, the Federal State Statistics Service (Rosstat) reported today according to RBC. Oil output shrank 3.6 percent in April compared to March. As reported earlier, oil and gas condensate production decreased 0.3 percent...
The government board is to consider on Monday a reduction in the tax burden for the oil industry, a source close to the cabinet told journalists today. The bills are to be introduced to the State Duma during the spring session. The matter of the extension of a tax holiday to several Russian regions, as well as methods of calculation of oil production will...
Bilateral trade between Russia and China reached $48.2 billion in 2007, with Chinese exports to Russia doubling over the last four years as Russian exports fell slightly, Russia's trade mission in Beijing said on Thursday according to RIA Novosti. Speaking on the eve of Russian President Dmitry Medvedev's May 23-24 visit to China, Sergei Tsyplakov sai...
A nationwide roadshow to begin on Monday will help businesses make the most of New Zealand's Free Trade Agreement with China, Trade Minister Phil Goff said on Sunday. Kiwi businesses have an edge on competitors because of New Zealand's first mover advantage and the huge exposure we gained in China during the FTA signing, Goff said in a statement. ...
China's trade regime has continued liberalizing since 2006, the World Trade Organization (WTO) said, expressing concerns about imbalances in and adjustments to the country's export policies. The WTO Secretariat made the comments in a report following its second review of the country's trade policies and practices in Geneva on Wednesday. Structural r...
The supply of pork and other meat from Sichuan Province to the Hong Kong and Macao special administrative regions (SAR) remains stable, despite earthquake damage sustained by pork producers, according to the Ministry of Commerce (MOC). Since eight of Sichuan's 18 major pork suppliers had severe damage as a result of the earthquake, the government has ...
China's commercial enterprises lost more than 25 billion yuan (3.57 billion U.S. dollars) as a result of the May 12 earthquake, said the Ministry of Commerce (MOC) Thursday. The quake damaged 51,429 local businesses, including shops and markets, in the southwestern Sichuan Province. Also, 1,212 workers died. These factors caused 20 billion yuan in los...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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