The throughput of Los Angeles Port in February was 487846 TEUs, a year-on-year decrease of 43%, making it the worst February since 2009. Gene Seroka, Executive Director of the Port of Los Angeles, said: “The overall slowdown in global trade, the extension of the Asian Lunar New Year holiday, warehouse backlog, and the transfer of

NYK, one of the three major shareholders of ONE, recently announced the latest medium-term development strategy from 2023 to 2026, aiming to further develop its consolidation and logistics business.   The new strategy shows that the Group plans to support and give priority to the sustained growth of ONE, especially in developing countries with huge

China News Agency, Beijing, February 22 (Reporter Li Xiaoyu) The latest data released by the China Council for the Promotion of International Trade on the 22nd showed that the global economic and trade friction index reached 222 in December 2022, up 75 points from November that year and 145 points from the same period in

According to Reuters on February 13, the President of the International Monetary Fund (IMF), Christina Georgieva, said on the same day that the global financial market has sufficient reasons to be more optimistic about economic growth, based on the impact of positive factors such as China’s optimization of epidemic prevention and control measures. Speaking at

On January 19, the merger of OSM Maritime Group and Thome Group, the world’s top ten ship management companies, was officially finalized, and the two companies announced that they had agreed to merge. OSM Maritime Group was founded in Arendal, Norway, in 1989, while Thome Group was founded in 1963. It operates in the form

Clarkson’s ClarkSea index, a shipping brokerage company, covers about 80% of the world’s fleet capacity. The index soared by nearly one third in 2022, reaching a record level. The rise of the index was mainly due to the support of the container shipping sector. In addition, automobile ships, oil tankers and LNG carriers also performed

China news agency, Beijing, December 29 (Reporter Wang Enbo) Zhang Dawei, Deputy Director of the Comprehensive Planning Department of the Ministry of Transport of China, said in Beijing on the 29th that China will further facilitate international transportation, and relevant measures include expanding intercontinental aviation networks in Europe, North America, Oceania, etc.   The National

People’s Daily, Beijing, December 1 (Reporter Li Qiaochu) Recently, about 100000 mascots of the 2022 Qatar World Cup were transported to Qatar by air after being supervised and released by the customs officers of Guangzhou Baiyun Airport under Guangzhou Customs. “Since April and May this year, our clients have received orders from global foreign traders,

BEIJING, Nov. 8 (Xinhua) According to the British Daily Telegraph on the 7th local time, British Prime Minister Sunak plans to announce an important natural gas agreement with the United States after the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27). It is reported that the negotiations on

Financial Associated Press, September 6 (Editor Li Chen) Affected by energy shortages and geopolitical conflicts, rising natural gas demand and freight rates have pushed up the freight rates of LNG carriers. Since the beginning of this year, the average one-year time charter rent of LNG carriers has increased by 47% year-on-year. Higher demand and higher