Bintulu Port foresees softer market ahead

Malaysian port operator Bintulu Port Holdings expects a softer market in 2015, due to the seasonal and cyclical factors of the respective industries in the market.
Bintulu is Malaysia’s main LNG port.
“Nonetheless, LNG vessel calls and cargoes will still remain as the main revenue contributor to

China’s bulk cargo imports down

The majority of China’s major bulk cargo imports declined year-on-year in the first five months of 2015, according to statistics published by Chinese customs on 8 June.
From January to May, China’s coal imports slumped 38.2% y/y to 83.3 million tonnes, with average prices down 20.2% y/y to