The International Monetary Fund (IMF) cut its 2019 economic growth forecast to its lowest level since the international financial crisis, which may still be a tough year for the shipping industry. On April 9, the International Monetary Fund (IMF) released the latest World Economic Outlook Report, which lowered global economic growth forecast from 3.3% to

There are many uncertainties in the global shipping market this year. The fuel cost brought about by the sulfur emission regulations that will come into effect from next year will be the biggest challenge for the shipping industry this year. Zhang Zhengyu, Chairman of Evergreen Marine, said recently that the shipping industry is full of

According to the International Air Transport Association’s 2018 global air cargo data, the global air cargo market demand increased by 3.5% year-on-year in 2018, which is significantly lower than the 9.7% growth rate in 2017. The capacity is ton-kilometers in terms of available freight. Growth of 5.4%, exceeding the annual demand growth rate. IATA said

On January 22, the Ballast Water Convention officially entered into force for China. CCTV CGTN reporter had visited a shipyard in Zhoushan, Zhejiang. The shipyard is at the forefront of ship modifications to meet the requirements of the Convention. In the cabin of a US ship docked in Zhoushan, the maintenance personnel’s welding nozzles have

Comrades, friends, ladies and gentlemen: Hello everyone! “The years are not living, the season is like a flow.” 2019 is coming soon, I am in Beijing to present a beautiful blessing to the New Year! In 2018 we lived very well and walked very firmly. This year, we have overcome various risk challenges, promoted high-quality

On December 19, 2018, Maersk announced that it will upgrade the Asia-Europe route network to further increase the on-time rate and provide customers with stable and reliable transportation services on the world’s largest Asian-European route. The further upgrade of the route network was based on the adjustment of the route in May this year, which

From the Organizing Committee of the Autonomous Ship Development (Wanshan) Forum, it was learned that the world’s largest and Asia’s first offshore unmanned ship test site, the Zhuhai Wanshan Marine Unmanned Ship Test Site, will be officially opened on the 30th. According to reports, the Zhuhai Wanshan Marine Unmanned Vessel Test Site is located in

China news agency, Beijing, November 18 (Reporter Li Xiaoyu) Despite the continued trade dispute between China and the United States and the downward trend of economic downward pressure, China’s total import and export volume in October 2018 has steadily increased to 3.84 trillion US dollars. Not surprisingly, the size of foreign trade in the next

The United States resumed unilateral sanctions against Iran on the 5th, focusing on the energy sector. US officials have revealed that since President Trump announced in May this year that the United States has withdrawn from the Iranian nuclear agreement, Iran has lost billions of dollars in oil revenue. According to the “Lianhe Zaobao” reported

It is learned that 2M Alliance has confirmed that it will re-launch its AE2 / Swan Asia-Norway route in the second week of December. This route is one of the largest services in the industry, and routes to major ports such as Qingdao, Ningbo and Shenzhen. Shipping consultancy Drewry described the move as a critical