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- Release on2023-05-09
- On April 28, 2023, Liu Zhenfang, chairman of China State Railway Group Co., Ltd., held talks with Belozerov, general manager and chairman of the management committee of Russian Railways, on the implementation of the March this year. The important consensus reached and the deepening of Sino-Russian railway transportation cooperation were exchanged, and the minutes of the talks were signed....Read More>>
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- Release on2023-05-09
- According to the data released by Alphaliner, as of May 8, the total number of container ships in operation worldwide reached 6,597, an increase of 73 ships compared with two months ago; the total global shipping capacity was 26,895,441 TEU, an increase of 342,979 TEU; the total tonnage of operating ships was 321,751,754 deadweight tons....Read More>>
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- Release on2023-05-09
- HONG KONG's Seaspan, shipowner and charterer, posted a first quarter year-on-year 465 per cent profit increase to US$40 million, despite a 6.6 per cent decline in revenue to $201.3 million....Read More>>
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- Release on2023-05-09
- SOUTH Korea's debt clearing house Korea Asset Management Corp (KAMCO) will take control of 20 ships worth KRW390 billion (US$344 miliion) owned by six local lines, according to media reports....Read More>>
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- Release on2023-05-08
- According to a Bloomberg report on May 4, the U.S. Senate passed a resolution to cancel tariff exemptions for photovoltaic panels in Southeast Asia by a vote of 56 to 41. If the resolution is finally passed by the White House, tariffs on solar panel imports from Southeast Asia could be as high as 254%, and currently the tariffs on affected imports are all below double digits....Read More>>
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- Release on2023-05-08
- As the shipping giant of the global trade vane, Maersk announced its first-quarter financial report on May 4. The report shows that the company's first-quarter earnings before interest, tax, depreciation and amortization (EBITDA) fell by 56%, from 9.08 billion in the same period last year. The dollar fell to $3.97 billion, beating the $3.71 billion forecast by analysts polled by Refinitiv....Read More>>
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- Release on2023-05-06
- According to the "Weekly Report on China's Export Container Transportation Market" released by the Shanghai Shipping Exchange on April 29, the overall market of China's export container transportation market was basically stable this week, and there was no obvious shipment before the "May 1st" holiday. During the peak period, the freight rates of most routes showed a downward trend, dragging down the composite index....Read More>>
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- Release on2023-05-06
- Prior to this, under the mediation of China, Saudi Arabia, a major power in the Middle East, officially resumed diplomatic relations with Iran. Since then, the reconciliation process in the Middle East has been accelerated....Read More>>
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- Release on2023-05-04
- After experiencing high growth during the epidemic and the impact of international geopolitical conflicts, the China-Europe Railway Express is undergoing changes in the post-epidemic era....Read More>>
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- Release on2023-05-04
- The transportation industry has long been regarded as an important barometer of the U.S. economy. However, the latest financial reports released by a number of transportation companies, including air and road companies, have fallen short of expectations, indicating that consumption demand is at risk of cooling down....Read More>>
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- Release on2023-04-28
- May Day is a very important festival, its significance is to commemorate the labor and contribution of the working class, and it is also a festival to recognize and thank all the hard-working people....Read More>>
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- Release on2023-04-28
- Some time ago, the doubling of freight rates and the increase of GRI by shipping companies have been hot topics in the industry. It seems that the rise of freight rates has become a fixed trend....Read More>>
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