Information | Ministry of Commerce: Encourage to accelerate the construction of ro-ro fleet; global container production fell by 71%

NO.1, Ministry of Commerce: Encourage to accelerate the construction of ro-ro fleet

Recently, at a regular press conference held by the Ministry of Commerce, some media asked: What further measures will the Ministry of Commerce take to promote the export of Chinese auto brands?

In this regard, the Ministry of Commerce spokesperson Shu Jueting said that in the next step, the Ministry of Commerce will work with relevant departments to focus on the following three aspects:

The first is to strengthen transportation security and promote medium and long-term strategic cooperation between automobile companies and shipping companies.Encourage shipping companies to speed up the construction of ro-ro fleet, to expand the export capacity of automobiles.

The second is to encourage auto companies to cooperate with domestic and foreign financial institutions to innovate financial products and services on the premise of compliance with laws and regulations and controllable risks to better meet the needs of enterprises.

The third is to support auto companies to improve their international marketing and after-sales service systems, enhance their overseas brand promotion, display sales, and after-sales service capabilities, and establish a good brand image.

NO.2. Global container production dropped by 71%

Production of 20-foot-equivalent units (the standard size for containers in the industry) fell 71% year-on-year from the first quarter of last year to the first quarter of this year, according to data provided to the Financial Times by maritime research consultancy Drewry recently. It fell to 306,000 from 1.06 million.

In the first quarter, the profit of China International Marine Containers (Marine Containers), one of the largest container manufacturers in China, plummeted 91% year-on-year to 160 million yuan (about 23 million US dollars); while the sales of standard containers fell by 77% year-on-year, The reason is "container trade continues to decline and there is insufficient demand for new containers".

Economists at the World Trade Organization believe global export growth will stagnate this year, meaning demand for containers will remain weak. The WTO's latest forecast released last month showed that trade in goods will grow by just 1.7 percent this year, down from 2.7 percent last year.

NO.3. The economic sentiment index of the euro area dropped significantly in May

According to the survey data released by the European Commission on May 30, the European Economic Sentiment Index (ESI) in May showed the largest drop since September last year, which was much lower than the previous market expectation.

Judging from the main components of the ESI economic prosperity index for the month, the industry, retail and service industry confidence indexes fell significantly compared with the previous month, which was lower than expected; the construction industry confidence index has not stopped falling, and consumer confidence has only slightly improved.

In terms of countries, except for France, where this index rose from the previous month, all other major economies dropped significantly.

NO.4. The number of global containers lost at sea has dropped significantly

The World Shipping Council (WSC) recently released its annual report on the number of containers lost at sea. The report pointed out that the number of containers lost at sea in 2022 will drop significantly from the previous two years to 661, revealing the positive development of the international liner shipping industry in terms of container safety.

The report shows that in 2022, the annual container transport volume will be 250 million, and the value of transported goods will exceed US trillion. Among them, the number of lost containers will be 661, accounting for only 0.00026%, which means that the number of containers lost at sea in 2022 will drop to a low level.

According to the report, most of the major container losses are caused by shipwrecks, and the annual data may vary greatly. For example, the "MV Rena" incident in 2011 lost 900 containers; the "MOL Comfort" incident in 2013 set a new record. A record loss of 4,293 containers was recorded. The unusually high number of weather-related events in 2020 and 2021 resulted in an average loss of 3,113 containers for both years.

NO.5, Hanshin Shipping’s Vietnam-Thai Line opened for operation

On May 28, the ship "Hanxin Inceda" berthed at Dalian Port Container Terminal for loading and unloading operations, marking the official opening of the Vietnam-Thai Line of Liaogang Group Hanxin Shipping, adding new members to the Southeast Asian route of Dalian Port.

New route planning investment6 1700TEU container ships, focusing on serving the trade between major ports of RCEP member countries such as the Philippines, Vietnam, Thailand, and South Korea.

The opening of the route has encrypted the Southeast Asian route network of the Liaoning Port Group, providing more convenient sea logistics channel options for the countries along the route to import and export fruits, chemicals and other goods, and has become the key to deepening economic ties between regions and strengthening industrial chains and supply chains. A new bond of stability and resilience.