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

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

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,

　　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

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

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

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

People’s Daily Online, Beijing, April 27 (Reporter Qiao Xuefeng) Shipping carries over 80% of the world’s trade in goods. The port is the junction of international shipping, and plays a vital logistics service and commercial function. Recently, in a video conference at the director level of the Port Management Agency Round Table (PAR), 19 ports

1. The global economy has been weakened by the epidemic. China’s economy is under downward pressure in the short term but is improving in the long term In 2020, under the influence of the “New Coronary Pneumonia” epidemic, enterprises are facing unprecedented rapid decline in demand, shrinking activities and cooling confidence. The spread of the

On Monday (March 30), US crude oil fell to its lowest level in 18 years, and once fell below the $ 20 mark to $ 19.92. Worries about demand and continued concerns over price wars continued to weigh on oil prices; it currently rebounded slightly to around 20.56. Last Friday (March 27), despite the U.S.