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

July 8, 2020

CMA ships streamline transportation network APL will officially withdraw from trans-Pacific routes

According to CMA’s official website, CMA will simplify its trans-Pacific trade and transportation network, and the US Presidential Ship (APL), which was acquired by CMA Group four years ago, will officially withdraw from the trans-Pacific route. From October 1, CMA CGM will become the group’s sole carrier on the trans-Pacific route, and APL will focus

July 3, 2020

China, Singapore and other 12 countries issued a joint statement reiterating that export controls should be avoided

China News Agency, Beijing, July 2 (Reporter Li Xiaoyu) China, Singapore, Australia, Canada and other 12 countries’ economic and trade authorities issued a joint statement on the 2nd, proposing that export controls should be avoided or tariff and non-tariff barriers should be established, and the need for special items should be eliminated. Any existing trade

June 24, 2020

Forecast reversal! The container shipping market may achieve profitability throughout the year

Forecasts for the performance of container shipping companies this year are being revised, and new evidence shows that the industry’s prospects for 2020 are much brighter than previously expected. In the early stage of the outbreak of the New Coronary Pneumonia epidemic, the market had expected that both container volume and freight rates might fall,

June 18, 2020

The United Nations: the world cannot function without the persistence and efforts of seafarers

  Recently, the Secretary-General of the United Nations expressed concern about the increasing humanitarian and security crisis facing seafarers around the world. Due to travel restrictions associated with the new coronavirus, hundreds of thousands of the world’s 2 million seafarers have been trapped at sea for months. Due to the inability to disembark, the maximum sea

June 9, 2020

Behind the scenes of volatility in the shipping market

The shipping market has been volatile recently, and the ClarkSea Index* published by Clarkson Research can help us understand the reasons for market volatility more clearly. Despite the common influence of various events, by comparing the Clarkson Shipping Index and the trend of tanker freight revenue, we can find that the tanker sector is the

May 20, 2020

6 years, China and the countries along the “Belt and Road” total trade in goods exceeded US $ 7.8 trillion

CCTV News: On May 18, the State Council Information Office held a press conference to stabilize the basic foreign trade and foreign investment to promote high-quality business development. At the meeting, Vice Minister of Commerce Wang Bingnan introduced that the “Belt and Road Initiative” proposed over the past six years, China and relevant countries have

May 7, 2020

Imports and exports of 9.07 trillion yuan in the first four months of April, exports increased by 8.2%

According to customs statistics, in the first four months of this year, China ’s total import and export value of goods trade was 9.07 trillion yuan, a decrease of 4.9% from the same period last year (the same below), and the decrease was 1.5 percentage points narrower than the first quarter. Among them, exports were

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