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%.

The direct shipping route to Australia launched by Mediterranean Shipping Company was opened at Qingdao Port in Shandong Province (hereinafter referred to as “Qingdao Port”) on January 4th. Mediterranean Shipping Company is the world’s largest container liner company. On that day, the “Mediterranean Jessia” vessel berth at Qingdao Port, carrying a full load of electromechanical

Global trade routes are becoming increasingly fragile, as important narrow shipping routes are facing severe threats from human factors such as conflicts, piracy, terrorism, as well as natural disasters such as extreme weather. A new study shows that disruptions at these critical nodes will affect approximately $192 billion worth of maritime trade annually and result

China news agency, Beijing, November 12 (Reporter Pang Wuji) – The Simandou Project, a huge project attracting the attention of the global mining industry, has been officially put into production in Guinea, West Africa. According to the news released by global mining giant Rio Tinto, on the 11th local time, the Simandou project partner Win

Hangzhou, October 14 (Xinhua) — According to the Zhejiang Provincial Department of Marine Economic Development on October 14, the “Istanbul Bridge” cargo ship, which made its maiden voyage from Ningbo Zhoushan Port on September 23, arrived at the Port of Frixtor in the UK on the 13th local time, marking the successful navigation of the