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

April 28, 2020

Joint declaration of 19 ports worldwide: keep ports open to ensure unimpeded maritime trade

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

April 13, 2020

The first quarter report of the international container shipping market

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

March 31, 2020

U.S. crude falls below $ 20 for the first time in eighteen years

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.

March 4, 2020

How does the outbreak affect geometry? Some institutions predict that global GDP will decrease by 0.8% in the first quarter

The new crown pneumonia epidemic has spread further worldwide. At present, nearly 3,000 people have been diagnosed in South Korea, and nearly 1,000 have been diagnosed in Japan. The number of cases in Italy has rapidly increased, and the first cases have been reported in many European countries. The epidemic has spread to more than

February 20, 2020

Impact of NCP epidemic on foreign trade and port and shipping logistics

The outbreak of the NCP epidemic will have a great impact on the foreign trade and port and shipping logistics industry. The big shopkeeper will cooperate with the suppliers of the platform to sort out this report for the reference of people from all walks of life in the industry and the competent government departments.

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