According to the Shipping Industry Network, Evergreen Shipping, Hapag Lloyd, and Hanxin Shipping (HMM) announced their Q2 2024 performance. Under the Red Sea crisis, Evergreen Shipping achieved a performance surpassing its peers (the shipping company that has reported its first half performance so far) with its global ranking of 7th. In the first half of

June 25, 2024, Shanghai – At the 2024 Asian Logistics Biennale, the Port of Ravenna, a strategic maritime hub in northern Italy, fully demonstrated its advanced service capabilities in the logistics field. As an important link between China and Europe, the Port of Ravenna is not only one of Europe’s core ports, but also a

Blue Whale News, June 27 (Reporter Qin Quan) A new news from Amazon quickly attracted attention among Chinese cross-border e-commerce merchants. On June 26, Amazon held a closed-door meeting in Shenzhen to introduce the latest actions of the platform to Chinese merchants. It stated that it would launch a “low-price store” project. A circulated photo

The World Trade Organization report predicts that global trade in goods will rebound in 2024. However, due to geopolitical tensions and economic policy instability, optimistic forecasts for international trade face downside risks. On April 10, the World Trade Organization released the Global Trade Overview and Data. The report predicts that global trade in goods will

BEIJING, April 12 (Xinhua) — Recently, several foreign institutions have raised their expectations for China’s economic growth in 2024. The Asian Development Bank (ADB) released its “2024 Asian Development Outlook (April Edition)” report on April 11th, which raised China’s expected GDP growth rate for this year from 4.5% to 4.8%, due to the recovery of

According to Fitch Ratings on March 7th, global shipping companies can benefit from higher freight rates in the short term after the attack on Red Sea merchant ships. At present, it seems that the impact of shipping interruptions on freight rates and supply chains has stabilized.

The World Trade Organization released its latest forecast on October 5, stating that the world economy has been hit by multiple impacts, and global trade has continued to slump starting in the fourth quarter of 2022. The World Trade Organization has lowered its forecast for global trade in goods growth in 2023 to 0.8%, less

At the G20 Summit held in New Delhi, the European Union, the United States, India, Saudi Arabia, and the United Arab Emirates announced an infrastructure construction project related to transportation. What kind of project is this? Germany’s “Daily News” reported that the above five parties have signed a memorandum of intent for cooperation on railway

Beijing, August 23 (Xinhua) (Reporter Li Xiaoyu) The latest data released by the General Administration of Customs of China on August 23 shows that the non trade scale in the first seven months of this year was 1.14 trillion yuan (RMB, the same below), a year-on-year increase of 7.4%, far exceeding the overall growth rate

On August 15th, the Russian Central Bank held a non routine meeting and decided to raise the benchmark interest rate from 8.5% by 350 basis points to 12% starting from that day. The Russian central bank pointed out that inflationary pressure in Russia is intensifying, aiming to control the risk of price fluctuations and maintain