December 4, 2020

Deutsche Bank expects Asia’s overall economic growth rate to reach 8% in 2021

China News Service, Beijing, December 2 (Reporter Xia Bin) The reporter learned of the 2021 China and Asia Pacific Economic Development Trends Research Report from the Deutsche Bank Group (hereinafter referred to as “Deutsche Bank”) Asia Macro Research Team on the 2nd. It is estimated that by 2021, the overall economic growth rate of Asia

November 26, 2020

Star Shipping’s third quarter net profit surged 28 times and its performance hit a record high

Zim Shipping (ZIM) recently released its financial report. Zim Shipping’s third-quarter revenue was US$1.0125 billion, the highest record in the past eight years. Compared with the US$842 million in the third quarter of 2019, it was an increase of 20.3%. Net profit in the third quarter was US$144.4 million, an increase of 2,818.4% compared with

November 17, 2020

How long will the shortage of containers last?

“It’s hard to get the cabin, but I can’t find the container!” Recently, the container transportation market is extremely hot, and the problem of lack of containers is very prominent. Maersk, the world’s largest container shipping company, also stated that due to the booming Pacific market, there has been a shortage of containers in the

October 30, 2020

International logistics giant DHL expects cargo volume to reach new highs around Double Eleven

China News Agency, Berlin, October 28 (Reporter Peng Dawei) DHL Express said on the 28th that with the globalization and digitalization trend promoting the continuous development of online shopping and supporting cargo transportation business, coupled with the new crown pneumonia epidemic further accelerating the development of e-commerce, it will soon In the coming “Double Eleven”

October 20, 2020

China’s “come on”, the brightest star in the global ship fuel market

A few days ago, the large container ship “Santa Rovanessa” supplied 1,000 tons of low-sulfur bonded marine fuel oil from the Zhejiang Pilot Free Trade Zone in the Yangshan deep-water port area. This is the first Shanghai-Zhejiang cross-port zone and cross-customs zone international ship fuel supply pilot business, which adds to the counterattack of the

September 18, 2020

China calls for the full and accurate implementation of the Paris Agreement

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

September 9, 2020

“Carbon pricing” is an ideal way to reduce emissions in the shipping industry

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

August 24, 2020

How is the battle for the world’s top 50 container ports?

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

August 14, 2020

First release of fuel statistics for power plants nationwide and by sea

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

July 24, 2020

The number of new ship orders in the first half of the year fell to the lowest level in 25 years

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

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