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A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur hefty new import duties as the trade row deepens between Beijing and Washington.The docking of the vessel after five weeks anchored off China's coast ended long-running speculation over the fate of the cargo, which had captured public attention.China's state grains stockpiler Sinograin confirmed in a fax to Reuters it will pay the additional 25 percent import tariff on its 70,000 tonne cargo of the oilseed. That equates to about $6 million.Comments on the country's Twitter…

Eleven Chinese warships sailed into the East Indian Ocean this month, a Chinese news portal said, amid a constitutional crisis in the tiny tropical island chain of the Maldives now under a state of emergency. A fleet of destroyers and at least one frigate, a 30,000-tone amphibious transport dock and three support tankers entered the Indian Ocean, news portal Sina.com.cn said, without linking the deployment to the crisis in the Maldives or giving a reason. "If you look at warships and other equipment, the gap between the Indian and Chinese navy is not large," Sina.com.cn said on Sunday. It did not say when the fleet was deployed or for how long.

China has fined seven shipping companies, including Japan's Kawasaki Kisen Kaisha, a total of 407 million yuan ($62.85 million) for price-fixing, the country's state economic planner said in a statement on Monday. The National Development and Reform Commission (NDRC) said the companies colluded to raise rates on shipments of cars, trucks, and construction machinery across five shipping routes, including between China and Europe, for at least four years, violating the country's anti-monopoly laws. The other six companies fined were Japan's Mitsui OSK Lines and Eastern Car Liner Ltd., South Korea's Eukor Car Carriers, Norway's Wallenius Wilhelmsen Logistics AS, Chile's Compania Sud Americana de Vapores, and a separate shipping subsidiary within CSAV, the NDRC said.

Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 50 people, including at least a dozen fire fighters, officials and state media said on Thursday. At least 700 people were injured, more than 71 seriously, the Tianjin government said on its Weibo microblog, and the official Xinhua news agency said two fires were still burning. Wednesday night's blasts, so large that they were seen by satellites in space, sent shockwaves through apartment blocks kilometres away in the port city of 15 million people. Internet videos showed fireballs shooting into the sky and the U.S. Geological Survey registered the blasts as seismic events.

Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 50 people, including at least a dozen fire fighters, officials and state media said on Thursday. At least 700 people were injured, more than 71 seriously, the Tianjin government said on its Weibo microblog, and the official Xinhua news agency said two fires were still burning. Wednesday night's blasts, so large that they were seen by satellites in space, sent shockwaves through apartment blocks kilometres away in the port city of 15 million people. Internet videos showed fireballs shooting into the sky and the U.S. Geological Survey registered the blasts as seismic events.

Three years before the cruise ship he was steering capsized in the Yangtze River, the Chinese government honoured captain Zhang Shuwen for saving the life of an elderly man who had suffered an asthma attack. Zhang is now the focus of attention after his ship, the Eastern Star, sank on Monday night during a fierce storm, in what may be China's worst maritime disaster in almost 70 years. At least 19 bodies have been found and more than 400 people are missing. Zhang escaped alive and is in police custody, although he has not been accused of any wrongdoing. Until the incident, Zhang was regarded as an effective captain. He received an "outstanding employee" award by the Chongqing Eastern Shipping Corporation last year…

Nils S. Andersen, Maersk Group CEO in Q & A session with members of Chinese social media network Sina Weibo. During the CEO's recent visit to China, he engaged with Maersk employees, industry professionals, students, and general public in a new way - through Sina Weibo, the most popular Chinese social media platform with over 250 million users. ‘It’s exciting for me to be able to reach so many of you directly here today thanks to new technology,’ said Mr. Andersen when greeting Maersk Group’s Weibo followers on video. One week ahead of Mr. Andersen’s visit, a post on the Maersk Group Weibo main page asked followers to post questions for him to answer. Feedback was very positive and hundreds of questions were raised. In a video interview, Mr.