China News Service, Beijing, September 17 – The Ministry of Ecology and Environment of China reported on the 17th that the Group of Twenty (G20) Environment Ministers Meeting was held on the 16th to discuss in depth land degradation, biodiversity loss and other environmental issues facing the world. China emphasizes that all countries should resolutely

If the shipping industry is to get close to achieving the decarbonization targets set by the IMO, cooperation among all stakeholders is essential. This is the main message of the webinar “Trade Evolution and Partnership: Impact on Decarbonization” organized by the classification society ABS yesterday. 　　 Cargill Ocean Transportation’s asset and structure director George Wells

In 2020, an unprepared epidemic disrupted the global logistics supply chain. Facing the current difficult survival situation and the unclear future, we might as well re-run 2019 and explore the strength of each port from the past competition. Recently, JOC released the ranking of the world’s top 50 container ports in terms of throughput in

On August 12, the China Electricity Council released for the first time the statistics on fuel for power plants nationwide and by sea transportation. According to statistics, during the statistical period from July 31 to August 6, 2020, the average daily coal consumption of coal-fired power plants included in the national power industry fuel statistics

Review of newly signed orders in the first half of 2020 　　 The global spread of the new crown epidemic has brought unprecedented uncertainty to the global economy. The development of maritime trade and the shipping market has been severely challenged, affecting the level of new global orders. In the first half of 2020, approximately

According to CMA’s official website, CMA will simplify its trans-Pacific trade and transportation network, and the US Presidential Ship (APL), which was acquired by CMA Group four years ago, will officially withdraw from the trans-Pacific route. From October 1, CMA CGM will become the group’s sole carrier on the trans-Pacific route, and APL will focus

China News Agency, Beijing, July 2 (Reporter Li Xiaoyu) China, Singapore, Australia, Canada and other 12 countries’ economic and trade authorities issued a joint statement on the 2nd, proposing that export controls should be avoided or tariff and non-tariff barriers should be established, and the need for special items should be eliminated. Any existing trade

Forecasts for the performance of container shipping companies this year are being revised, and new evidence shows that the industry’s prospects for 2020 are much brighter than previously expected. In the early stage of the outbreak of the New Coronary Pneumonia epidemic, the market had expected that both container volume and freight rates might fall,

　　Recently, the Secretary-General of the United Nations expressed concern about the increasing humanitarian and security crisis facing seafarers around the world. Due to travel restrictions associated with the new coronavirus, hundreds of thousands of the world’s 2 million seafarers have been trapped at sea for months. Due to the inability to disembark, the maximum sea

The shipping market has been volatile recently, and the ClarkSea Index* published by Clarkson Research can help us understand the reasons for market volatility more clearly. Despite the common influence of various events, by comparing the Clarkson Shipping Index and the trend of tanker freight revenue, we can find that the tanker sector is the