October 17, 2024

The world’s largest tonnage all terrain crane goes offline

On October 11th, it was learned from Zoomlion that the world’s largest all terrain crane with a tonnage of 4000 tons, independently developed by Zoomlion, has recently been produced in Changsha, Hunan Province. This is the second time that Zoomlion has broken the world record in this field after building world-class crane equipment with 2000

August 16, 2024

Is profit solely dependent on the Red Sea crisis? Consolidation giants’ performance rises together

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

July 10, 2024

Port of Ravenna: Window to Europe at the Asian Logistics Biennale 2024

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

July 10, 2024

Amazon launches “low-price store” to prepare for cross-border e-commerce

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

April 15, 2024

International trade in goods has maintained strong resilience

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

April 13, 2024

The Asian Development Bank, Goldman Sachs, and Morgan Stanley have raised their expectations for China’s economic growth

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

March 11, 2024

Fitch Ratings stated that the impact of shipping disruptions on freight rates and supply chains seems to have stabilized

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.

October 11, 2023

WTO lowers 2023 trade growth forecast

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

September 12, 2023

What kind of project is the “railway and shipping infrastructure project” between the United States and Europe, India, Saudi Arabia, and the United Arab Emirates?

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

August 24, 2023

Non trade grew by 7.4% year-on-year in the first seven months of this year

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

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