Subscribe to RSS feedChina boost for shipping shares
SHARES in Hong Kong-listed shipping companies surged on Monday amid renewed optimism over China’s continuing demand for bulk commodities, including iron ore, coal and grain and rising container volumes.
Orient Overseas International, the parent of box line Orient Overseas Container Line, saw the biggest gain after closing almost 10.8% up at HK$46.80 (US$6.03). If you are already a subscriber, please sign in below. If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here. Alternatively, click here to subscribe.
Similarly, dry bulk and tanker operator China Shipping Development closed more than 10.1% up at HK$15.
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