https://www.scmp.com/rss/522122/feed The latest news and top stories on Wu Jialu. As a leading analyst at Citic Futures, he provides insightful commentary on the global shipping and energy markets. Wu Jialu’s expertise includes analysing the cautious approach of shipowners towards tanker orders, particularly in light of US port fees impacting Chinese-built vessels. His work involves assessing the medium to long-term implications of such geopolitical factors on China’s shipbuilding industry and the broader market dynamics. He is... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Carol Yang Carol Yang Chinese shipping companies are working with global partners to reduce their US exposure and explore more regional market opportunities, as the industry braces for the introduction of steep new US port fees in October. Washington plans to charge Chinese-linked vessels hefty fees to enter US ports as part of a drive to rein in China’s globally dominant shipyards, and the controversial new levies are already driving deep changes in the shipping industry. “The container shipping industry is... https://www.scmp.com/economy/china-economy/article/3324007/chinas-shipping-firms-lean-alliances-ride-out-us-port-fee-storm?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3324007/chinas-shipping-firms-lean-alliances-ride-out-us-port-fee-storm?utm_source=rss_feed Tue, 02 Sep 2025 05:00:08 +0000 Carol Yang Carol Yang China’s two major shipbuilders appear to be mere days from completing a merger that will form the largest publicly listed shipbuilding company in the world. The China Shipbuilding Industry Company announced that next Tuesday will be the final trading day for its shares before the company is absorbed by China CSSC Holdings. Analysts have deemed the move a strategic masterstroke in Beijing’s broader industrial and military ambitions, particularly as the United States increasingly views China as a... https://www.scmp.com/economy/china-economy/article/3320981/chinas-mammoth-merger-shipbuilders-nears-and-so-do-industry-implications?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3320981/chinas-mammoth-merger-shipbuilders-nears-and-so-do-industry-implications?utm_source=rss_feed Wed, 06 Aug 2025 12:00:07 +0000 Carol Yang Carol Yang South Korea has pledged US$150 billion to help its shipbuilders enter the US market as part of its new trade deal with Washington, a move that could help America revive its shipbuilding industry and counter China’s dominance in the sector. US President Donald Trump announced on Wednesday that the United States and South Korea had agreed a “full and complete” trade deal, which would see the US impose a 15 per cent tariff on South Korean goods and receive US$350 billion of investment from its... https://www.scmp.com/economy/china-economy/article/3320297/behind-trumps-south-korea-deal-plan-transform-global-shipbuilding?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3320297/behind-trumps-south-korea-deal-plan-transform-global-shipbuilding?utm_source=rss_feed Thu, 31 Jul 2025 22:00:08 +0000 Carol Yang Carol Yang China retained its leading position in the global shipbuilding market during the first half of the year, according to data from the industry association, despite a decline in market share caused by buyers’ concerns over the threat of US port fees on Chinese-built vessels. It secured 68.3 per cent of new vessel orders in the global market in the first six months of the year, compared with 74.7 per cent in the same period last year, China’s shipbuilding industry association said on Monday. The... https://www.scmp.com/economy/global-economy/article/3319284/chinas-shipbuilding-lead-endures-market-share-dips-amid-us-port-fee-threat?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3319284/chinas-shipbuilding-lead-endures-market-share-dips-amid-us-port-fee-threat?utm_source=rss_feed Wed, 23 Jul 2025 13:00:14 +0000