On November 1st, the Organization of the Petroleum Exporting Countries (OPEC) issued a statement stating that the seven major OPEC+oil producing countries have decided to maintain their current crude oil production unchanged in December. The statement stated that representatives from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman held an online meeting on the

Washington, October 6 (Xinhua) — The US Department of Commerce released data on the 6th local time, showing that the US trade deficit in goods and services in August rose to $105.6 billion, the highest value since March 2025. Data shows that the import value of the United States in August was $420.8 billion, an

New York, September 1 (Xinhua) — International Monetary Fund (IMF) Managing Director Georgieva said in her speech at the G20 Finance Ministers and Central Bank Governors Meeting on September 1 that the expected global economic growth rate of 3% this year is due to a serious divergence in growth, and the growth prospects still face

According to data released by the international shipping information platform “Maritime Traffic Website” on July 31st, the number of ships passing through the Strait of Hormuz on the 30th decreased from 22 the previous day to 5, a decrease of 77%. According to the platform’s data, all five ships passed through the Strait of Hormuz

International shipping giants Maersk and Hapag-Lloyd announced on Monday that they would resume some route services passing through the Suez Canal under their jointly operated Gemini shipping network. Due to market concerns that this move may depress global shipping rates, both companies’ share prices fell on the same day. Since the Houthi rebels in Yemen

Mediterranean Shipping Company (MSC) has been making frequent moves recently, extending its territory from traditional container transportation to energy shipping, key ports, and even the aviation sector at an astonishing speed. Its series of investments and acquisitions indicate that MSC is actively building a cross-cycle, multi-sector global logistics and transportation empire. Entering the energy shipping

Xinhua News Agency, Beijing, May 21 — The United Nations Food and Agriculture Organization warned on the 20th that if shipping in the Strait of Hormuz continues to be blocked and governments fail to take timely action, the world may face a severe food price crisis in the next 6 to 12 months. The Food

On April 1st, the Shanghai Branch of the State Administration of Foreign Exchange (SAFE) launched the “Facilitation of Domestic Freight Payment in Foreign Exchange” application scenario on its cross-border financial service platform. This scenario, leveraging the SAFE’s cross-border financial service platform, connects with the invoice data from the Shanghai Tax Bureau through the aviation and

CaiLian Press, March 23rd (Edited by Bian Chun) – With the escalating conflict between the US and Iran disrupting crucial supply routes and offsetting recent production increases from the US and other producing countries, global liquefied natural gas (LNG) exports have fallen to their lowest level in six months. According to data compiled by the

On the 4th, reporters learned from the Postal Administration of Hainan Province that the postal and express delivery industry in Hainan Province maintained a stable development trend in January this year. The total volume of express delivery services received and dispatched in the province exceeded 30 million pieces, marking a year-on-year increase of about 35%.