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Argus cited Mr Sjaak Poppe spokesman of port of Rotterdam as saying that steam coal consumption will not rise dramatically in Europe owing to competition from other fuels and government support for alternatives. Mr Poppe highlights the fact that Germany will remain a growth area for imports as the country's existing mines are gradually closed down. The...
Shanghai: China, the world's largest energy consumer and the second-largest buyer of oil and oil-based products behind the U.S., may purchase less crude in the third quarter due to slowing economic growth, writes Chinavestor. The China Petroleum & Chemical Industry Association said the country's demand for crude could dip "noticeably" in the third qua...
HARBIN - China's grain output is expected to see a marginal decline, but could still amount to 500 million tons as some of the nation's measures to combat the recent weather vagaries have borne fruit, leading agricultural experts said on Wednesday. Despite the weather fluctuations, grain output is likely to reach last year's levels, Zhai Huqu, presid...
BEIJING - The Chinese economy will start to stabilize in the fourth quarter after the recent marked slowdown due to government tightening measures, but it might face downside risks next year as external demand weakens, a senior economist with the Royal Bank of Scotland (RBS) said on Wednesday. "The ratio between new orders and finished goods in China's...
The 42nd ASEAN Economic Ministers' Meeting opened here Wednesday, drawing participation of economic ministers from the Association of Southeast Asian Nations (ASEAN) and the ASEAN Secretary-General Surin Pitsuwan. Vietnamese Prime Minister Nguyen Tan Dung attended the opening ceremony and delivered a speech. Vietnam holds the rotating ASEAN Chairmanshi...
The Cabinet of Ministers of Ukraine does not plan to introduce quotas on grain exports in the immediate future, Minister of Agrarian Policy of Ukraine Mykola Prysiazhniuk said Wednesday before the Cabinet's meeting. Asked by reporters whether the government would introduce quotas for the 2010/11 season as had been announced earlier, Prysyazhnyuk said "...
Malaysia is expected to register a 7.4-percent growth in gross domestic product (GDP) for 2010 following an official announcement on a stronger-than- expected GDP growth of 8.9 percent in the second quarter of the year, a research firm said on Wednesday. A research paper published by RAM Holdings on Wednesday predicted that Malaysia's GDP is expected t...
Economic ministers from the Association of Southeast Asian Nations (ASEAN) convened here Wednesday for their 42nd annual meeting and the 4th ASEAN Economic Community Council's meeting, expressing their will and determination to reach the goal of establishing a single market in the region by 2015. At these meetings, the ministers vowed to continue build...
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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