The China Federation of Logistics and Purchasing and the Service Industry Survey Center of the National Bureau of Statistics released on January 31 the Purchasing Managers Index (PMI) of China’s Manufacturing Industry for January 2021 was 51.3%, a decrease of 0.6 percentage points from the previous month. 51% and above indicate that despite the local

Driven by strong demand for raw materials such as iron ore, the Baltic Dry Bulk Freight Index (BDI) rose for 8 consecutive days and hit a new high. 　　 Last Friday (January 8), the BDI index surged 10.91% to close at 1606 points, setting a new closing high since October 14, 2020. Over the past

In November, the comprehensive on-time rate index of global trunk routes was 34.99%, which is the lowest value since the statistics in 2019. Severe container shortage, terminal congestion, and the rebound of the new crown pneumonia epidemic are the main reasons for the record-on-duty rate index. It is worth noting that the month-on-month decline was

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

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

“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

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”

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

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

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