China shipping news K. China has been in “close communication with all parties concerned and making positive efforts to de-escalate” the situation in which Iran-backed Houthi rebels have attacked Container shipping costs from China to the U. The China-Pakistan Economic Corridor (CPEC) has significantly boosted trade between the two countries, making China to Pakistan shipping an integral part of this economic relationship. The requirements would begin in 2029. *FREE* shipping on qualifying offers. While there is some frontloading of US imports from China to get ahead of expected tariffs in the coming Trump administration, most cargo owners appear to be holding their fire, writes Journal of Domestic shipping giant China COSCO Shipping Corp Ltd said earlier this month that it will continue to deepen integration of the container shipping unit and terminal business segment, continuously reinforce business model innovations via digital technologies, and build a new ecology of smart and green shipping this year. 2% y-o-y to 40. Our focus is to source and deliver latest and updated news for the benefit of our viewers’ information. Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping China and Japan trailed behind, each with approximately 20% It’s not just about the Panama Canal. Iron ore imports into Japan declined by -5. Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December Latest China news, opinions and analysis, covering Xi Jinping, Beijing's relations with Taiwan and China's tensions with the US. Social Responsibility maintaining an honest and trustful relationship with the customers, employees and partners, and maximizing the returns to the shareholders, society and According to the report, China’s overall competitiveness stood at 90. Pilbara Ports announces it delivered 67 million t in November 2024 George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding. Build supply chain resilience by distributing inventory and having backup suppliers. 32 million deadweight tons (dwt), a notable 11. 93) in November, according to the A decades-long battle over China Shipping Terminal and pollution at the Port of Los Angeles may be over after POLA officials OK’d an extensive report this week that sets aside the 2019 According to the shipbroker, “demand has been poor everywhere except in Mainland China. American Shipper Americas Analysis Asia bulkers business Cargo Casualties China CMA CGM Commodity News Company News Containers CONTAINERSHIPS Coronavirus COVID-19 Dry Bulk Market Dry Cargo English Environment Español Europe Europe & Eurasia Finance Français Freight News gas Greater China Headline Hellenic Shipping News An appellate court decision called for more pollution mitigation measures to be implemented by the Port of Los Angeles in the case involving the 142-acre China Shipping Terminal, bouncing the The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi. Read the key news headlines covering the global shipping business. com reports that even tankers carrying Russian fuel are now avoiding the Red Sea. It As one of the largest shipping enterprises in the world, China COSCO Shipping Corporation Limited (COSCO Shipping) owns over 1,300 ships with a combined shipping capacity of 111 million deadweight tonnes, ranking first in the world. China is responsible for over 95% of shipping-container production, potentially making U. (Xinhua/Li Ran) TIANJIN, Nov. In 2024, the Office of the United States Trade Representative (USTR) announced significant changes to Section 301 tariffs, affecting roughly $18 billion worth of imports from China. Daily maritime news covering marine, shipping and offshore updates from the global maritime industry. Maximize. 16, 2023. Freight intelligence firm Xeneta is warning that rates could rise through June, and the Maersk's APM Terminals MedPort Tangier has concluded the final part of its 2 million teu-expansion this month. Get all the updates on latest shipping news & interviews from world shipping industry at shipping tribune. Loan To Build Sri Lankan Port Meant To Counter China. Pick the best stocks and Amid China's industrial chain optimization, trading with neighboring countries has become increasingly close, said Xu Lirong, chairman of China COSCO Shipping Corp. Industry news and corporate news. ONLINE EDITION. We understand that the intricacies of China to UK shipping in Levels of congestion in China peaked at the end of July at 361 vessels, as typhoon In-Fa struck East China, restricting access into major ports such as Shanghai and Ningbo. Demand for new ships China Dominates Global Containership Construction 26 seconds ago Chinese shipbuilders have cemented their dominance in container ship construction, accounting for 68. ata from Clarkson shows this niche area is outperforming the rest of the shipping market, with 38 newbuild PCTCs ordered in 2021 and 90 more in 2022. 47 billion integrated circuits, a 14. P. This shipping route offers a faster, more cost-effective way to transport goods compared to traditional sea routes. 31 MMbpd in . India's China steel imports hit record high INDIA's finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to data reviewed by Reuters. this summer. 7 points ahead of Korea’s 88. Maritime Container Shipping News Port News Transport, Trade and Regulation News Trans The Associated Press is an independent global news organization dedicated to factual reporting. Intro. When contacted by the British newspaper, a Ningbo Daily maritime news covering marine, shipping and offshore updates from the global maritime industry. China's marine shipping for exports to the EU and the US has been affected by the disruption of two prominent global canals - the Panama Canal and the Suez Canal - due to Shipping Telegraph is a daily shipping news website, which is focused on creating and distributing content that informs and inspires its audience with exclusive stories and a deep insight and The rupture of one of the world’s busiest shipping routes has exposed the vulnerability of China’s export-reliant economy to supply snarls and external demand shocks. 102 days later, the shipping industry has emerged from this crisis News; SHIPPING NEWS; India's China steel imports hit record high; SHIPPING NEWS . Customs Reports Stable Growth in China’s Foreign Trade for Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. Find here the updated list of the latest news about commodities and dry bulk shipping. Nick Savvides began his journalistic career working as a freelance from his flat in central London, and has Container shipping faces a transformative year in 2025, as key East-West and transatlantic shipping routes are set for substantial realignment, with the dissolution of existing alliances and the formation of new ones. Asia Shipping News - Asian Maritime, Offshore & Shipping Updates Asia-US container spot rates spiking to year-end highs. 1% in 2021. 4 percent from the previous week to 872. SHIPPING NEWS . Gas. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information. With effect from November 1st, 2023, the daily digital copy of Daily Shipping Times and daily news will only be available on paid subscription basis. Iron ore imports into China increased by +3. 6 in 2023, 1. According to the shipbroker, “demand has been poor everywhere except in Mainland China. According to Banchero Costa, “demand has been again rebounding in China and the Middle East. The vessels are slated for delivery in 2026 and 2027, with the cost at USD 53 million each. Overall, Procopiou companies are [] A bullish profit forecast from China’s largest container-shipping company sent its stock soaring and offered fresh evidence of how the industry is thriving thanks to robust global trade flows. . 11. D. The Shipping lines Maersk, MSC & CMA had been planning an Alliance to begin in the later part of 2014. News Center; OOIL Annual & Interim Reports; OOIL Sustainability Report; Photo Gallery; Media Contact; RESOURCE CENTER Dear Valued Customer, OOCL is pleased to offer enhanced connectivity between South China, Sout. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information According to the Financial Times, the Yi Peng 3 was built in 2001 and purchased by the Chinese shipping company Ningbo Yipeng Shipping Co in 2016. hellenicshippingnews. 8% year-over-year increase. 17, according to the Shanghai Shipping Exchange. , and staffed by American crews. China’s two state shipping giants will combine their container-shipping assets among other restructuring efforts, as part of a multibillion-dollar merger to strengthen the Surveillance footage captured the moment a huge explosion on a cargo ship rocked one of China's busiest ports. The delays at Yantian Port, one of China’s busiest ports, are further snarling trade routes and lifting record freight prices As shipping companies deployed every vessel that could float, they concentrated on routes with the greatest demand — especially China to North America. 4 percent from a month earlier to 839,000 won (US$583. The Danish navy confirmed that it is closely monitoring a Chinese bulk carrier, Yi Peng 3, which is anchored in the Kattegat Strait between Denmark and Sweden, just days after two critical undersea telecom cables in the Baltic Sea were severed. Chinese state media said that shockwaves were felt up to a kilometre away from Bad weather, longer ocean transits, and vessels skipping ports are adding to the supply chain issues. com; The Shipping Tribune. As of early November, it was off the coast of northern China. China City Gas has a 30 percent stake in the JV, Summit Energy owns 45 percent Shipping - Asia Cargo News. businesses vulnerable. 8 mbd, and 5. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 China agreed to allow European investigators to board the ship suspected of sabotaging two key data cables in the Baltic Sea, if they are accompanied by Chinese officials. The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Administration (MSA) following the explosion incident involving the vessel "YM Mobility" on August 9, 2024, at Ningbo-Zhoushan Port. S. 15, the early Lunar New Year in Asia and the threat of tariffs under the new administration are keeping front-loading of imports at unusually high levels for December. 19 December 2024 - 23:00 . Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime Freightos Terminal delivers the most up-to-date shipping news and freight events as they happen. According to customs data, China hasn’t imported a drop of oil from Iran since mid 2022. The Green Water 01 is a 10,000-ton+ fully electric vessel China’s ocean freight rates rose 12. Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China, shipping sources said on Friday. 13. 7 mln tonnes in Jan-Jul 2023. In presenting China Merchants Energy Shipping (CMES) has invested $930 million in a new fleet expansion with Dalian Shipbuilding Industry Co, ordering 10 tankers – five VLCCs and five aframax/LR2 carriers. T. December 19, 2024. Sign up for free today and stay ahead of the game. With the Suez Canal, there have been attacks on ships in the Red Sea, and on top of that, we have the ILA contract expiring at the end of next September [The International Longshoremen’s Association contract for East and Gulf Coast dockworkers]. Bangladesh Shipping bangladesh-shipping-news bdshippingnews Hapag-Lloyd Comment on Hapag-Lloyd strong in third quarter of 2024 Back-to-back fires on oil tankers raise concern. 8 per cent jump in volume According to the shipbroker, “in 2019, Chinese crude imports from ports to the west of the Suez Canal amounted to 3. We understand that the intricacies of China to UK shipping in An interim deal to smooth deliveries to Philippine marines marooned on a ship at a hotly disputed reef in the South China Sea appears to be in doubt after Manila and Beijing gave opposing accounts The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet. The "Xin Shanghai," a vessel operated by China COSCO Shipping Corporation Limited, is berthed at Yangshan Port, east China's Shanghai, Dec. 5% in 2025 and An appellate court decision called for more pollution mitigation measures to be implemented by the Port of Los Angeles in the case involving the 142-acre China Shipping Terminal, bouncing the As Houthi rebels continue their assault on commercial shipping in the Red Sea, the deepening crisis is posing a fresh test to China’s much-touted ambitions of becoming a new power broker in the From January to September 2023, the cargo volume of Chinese ports was 12. The Exchange added that the average China Containerized Freight Index (CCFI) rose 3. A. The company's global shipping routes cover more than 1,500 ports in 160 countries and regions, with an annual News; SHIPPING NEWS; China's new economy contribution highest in 8 years; SHIPPING NEWS . We are here to share authentic and foremost news on regular basis. As of September 30, total transit cargo When China’s government celebrated the merger of state-owned shipping companies Cosco Group and China Shipping Group into Cosco Shipping in February 2016, top central government officials attended. 59 trillion yuan ($562 billion), an The United States on Monday condemned China over a collision with the Philippines in the disputed South China Sea, the latest in a series of increasingly fraught confrontations that have raised It comes as the cost of shipping from China and South East Asia to the East coast of the US has already hit a record high, according to the Freightos Baltic global container freight index. Asia Shipping News - Asian Maritime, Offshore & Shipping Updates Amid China's industrial chain optimization, trading with neighboring countries has become increasingly close, said Xu Lirong, chairman of China COSCO Shipping Corp. Chinese state media said that shockwaves were felt up to a kilometre away from the This will boost the dry bulk shipping market, which China greatly influences. F iguring out how to ship goods from China to the US in the most economical way possible can be pretty complex. Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. menu. China Shipping Group, the mainland's second-biggest shipping company by assets, is considering selling bonds denominated in US dollars for the first time as borrowing China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one worker was found to be infected by Covid — a move that will likely Swedish police said on Thursday they had gone on board the Yi Peng 3 vessel off the coast of Denmark at the invitation of Chinese authorities. 2% of global shipbuilding production in 2023 with 42. Behind China’s economic might is the world’s biggest shipping industry, and 2021 has seen it tested like never before; China has seven of the world’s top 10 container ports, plus about 400 Supply chain crisis gives once invisible shipping industry record profits and new adversaries Container ships wait off the ports of Los Angeles and Long Beach on Oct. Freight rates determine how much it will cost to transport cargo from one point to another. Jun 28, 2024; Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping is facing fast-rising freight rates from China. where he served as senior editor of Cruise Industry News. China admits responsibility for last year’s Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping China’s total grain production reached a record of more than Explore the latest news and developments on the shipbuilding industry, newbuildings, new vessel designs, ship conversion and ship repair, brought to you by the editors of Seatrade Maritime News NBC News was granted extensive access to the sprawling Chancay Port complex, which is 60% owned by the Chinese state-owned company Cosco, one of the world’s biggest shipping companies, and 40% All told it took seven years — but patience won the day in the long-term wooing of New York-listed Overseas Shipholding Group by private Seattle-based Saltchuk Resources. Picture taken July 4, 2019. In-depth analysis, industry insights and expert opinion. In addition, a recent report by Morgan Stanley predicts China will stage an economic comeback from mid-2023, achieving Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity. 2% this year, down sharply from 8. Image for representation purposes only. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. 77 on the Shanghai Containerized Freight Index last week, marking the first time that the indicator broke the 3,000-point level since August 2022 China-Shipping News: Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually, China Celebrates National Maritime Day, China’S First Hydrogen. China – N. Newnew is a subsidiary of Torgmoll, a logistics group, with Alphaliner reporting it has recently bought the 3,700 TEU, 2007-built Northern Debonair for According to Banchero Costa, “in terms of demand, seaborne imports into the European Union (27) increased by +4. THE contribution of high value-added industries such as biomedicine to China's total economic inputs reached the highest level since June 2016, a Caixin China's Xi Jinping hails 'new land-sea channel' between Asia, Latin America. 1, Shipping industry professionals, experts and local officials from four provinces and a municipality along the river – Chongqing, Sichuan, Guizhou, Yunnan and Shaanxi – gathered in Chongqing Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping China’s steel demand is forecast to fall 1. Source: Article by Richard Scott, managing director, Bulk Shipping Analysis and visiting lecturer, London universities, for Hellenic Shipping News Worldwide (www. East and Gulf coasts is expected to wreak havoc on global supply chains and the economy. The company is recognized among the best Chinese shipping companies and emphasizes safety and environmental responsibility. Profits at China International Marine Containers, one of the country’s largest producers of the boxes, plunged 91 per cent year on year to Rmb160mn ($23mn) in the first three months of this year About Us India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry. The associated price target is HK$9. newnew Shipping is one of a host of new local container brands servicing the China-Russia tradelane, reports Singapore's Splash 247. Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping China has built 100 ports in the whole of Africa since the year Oversized Cargo & Yacht Shipping; NEWS & MEDIA. 22 (Xinhua) -- During the Tianjin International Shipping Industry Expo 2023 held in north China's Tianjin Municipality from Nov. Spiking ocean shipping rates, vessel backups at seaports and empty container shortages - issues that wreaked havoc on global trade during the COVID pandemic supply-chain crisis - are back as the Port operator PSA Singapore is working closely with shipping lines to mitigate disruptions, and communicating with vessels on their arrival times and volume information in advance. China To UK Shipping With Shippo. search. 9, amid the world’s growing shipbuilding dependence on China and China’s ONE and NZPG collaborate on shore power innovation in China. Ports. Record-Breaking Ocean Container Shipping Demand from China News in-depth Shipping Biden’s China probe throws lifeline to Korean and Japanese shipyards US president’s investigation into Chinese maritime industrial supremacy could lead to new port fees China’s Coast Guard spokesperson, Liu Dejun, defended the actions as lawful and professional. 05 Million Twenty-Foot Equivalent Units (TEU) by 2020, representing a compound annual growth rate (CAGR) of 2. China, the world’s largest shipbuilder by market share, is expected to receive a raft of new orders as the global industry enters a renaissance, analysts said. BEIJING (AP) — China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. 18 (Xinhua) -- China's export container shipping index increased in the week ending Nov. Jones Act Shipping; View Digital Edition Profits at China International Marine Containers, one of the country’s largest producers of the boxes, plunged 91 per cent year on year to Rmb160mn ($23mn) in the first three months of this year Shipping Cost from China to the US. Individual shippers could face fines ONE of China's latest entrants into liner shipping has a name to reflect its status. In a letter to stakeholders, Port of Los Angeles Executive Director Gene Seroka spoke about finding out about “the languishing compliance with the China’s top diplomat said on Tuesday he hoped the incoming Trump administration would “make the right choice” and work with Beijing, hours after Donald Trump told reporters the COVID-19 Shipping giant A. Forgot Password The Federal Maritime Commission (FMC) has paused the new shipping alliance between Ocean Network Express (ONE), HMM Yang Ming to launch China-Thailand Express Service to boost Intra-Asia network. Tel：852 Photo of new pandas Bao Li and Qing Bao at the Smithsonian National Zoo on October 15, 2024. In the first eight months of this year, China's imports and exports to member nations of the Association of Southeast Asian Nations has reached 3. Latest Tankers Bulkers Containers Gas Sustainability Weekly Edition Events Shipping Lines Expansion Bangladesh-China: Different shipping lines are showing interest in expanding their services to directly connect and quickly transport cargo between the Chattogram port in China Shipping News [Amin, Agha Humayun] on Amazon. citing the potentially negative impact such a partnership would have on other carriers. he special focus this week is on the monthly quantity of soybeans and corn exported to China, comparing the current year’s shipments to the growth trends seen in the previous two years It comes as the cost of shipping from China and South East Asia to the East coast of the US has already hit a record high, according to the Freightos Baltic global container freight index. The pursuit paid off in Keep up-to-date with the dry bulk news updates and current shipping projects. FREIGHTWAVES: The ILA has specifically warned that it will strike on Oct. Rising regional trade along the old Silk Road between China and Europe is driving up containerized rail volume on the middle corridor and the logistics infrastructure is struggling to keep up. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime The number of container ships anchored off Xiamen on China’s southeast coast rose to 24 Tuesday from 6 at the start of the month, according to shipping data compiled by Bloomberg. China Shipping News Surveillance footage captured the moment a huge explosion on a cargo ship rocked one of China's busiest ports. Sunday, August 4, 2024. The rise rests on several factors: limited China’s investment in Peru’s mining sector, especially copper, will likely benefit from the new port. The International Monetary Fund expects China GDP growth of only 3. com) Tops 2024年12月15日中国逸风车队友谊联运，请点击查看详细信息！ Adapting to USTR’s New Tariffs: Cost Implications, Supply Chain Diversification, and Compliance for Logistics Professionals. trading partners are better equipped now to deal with President-elect Donald Trump's tariff threats than they were during his News. 59 trillion yuan ($562 billion), an China claims sovereignty over nearly all of the South China Sea, via a vague, U-shaped nine-dash-line that overlaps with the EEZs of Brunei, Indonesia, Malaysia, the Philippines, Taiwan and China's marine shipping for exports to the EU and the US has been affected by the disruption of two prominent global canals - the Panama Canal and the Suez Canal - due to drought and geopolitical On November 19, Iran-backed Houthi forces began attacking shipping vessels affiliated with Israel passing through the Red Sea. 5%, while the container throughput of Chinese ports was 230. Europe weekly prices increased 26% to $4. China's marine shipping for exports to the EU and the US has been affected by the disruption of two prominent global canals - the Panama Canal and the Suez Canal - due to drought and geopolitical China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business activity. 2%. Shipping from China to the USA, How to Save Time and Money China-US trade route is the most popular of all the trade routes in the world. The Exports from China to the United States fell 20% last year. BSN Correspondent November 5, 2024 Experienced journalist working online, in monthly magazines and daily news coverage. Britoil brings China’s abandoned anchor handlers to life Published 19 December 2024 1:20 GMT Supply-Chain Crisis Only Getting Worse With China's 7-Week Port Quarantine Vessels barred for two weeks after bringing on any new crew China’s restrictions ‘cause knock-on effects,’ says the ICS Hong Kong-based natural gas operator and distributor, China Gas, said in a statement on Tuesday that its unit China City Gas has entered into a joint venture agreement with Wah Kwong Maritime’s Summit Energy and CSSC (Hong Kong) Shipping’s Fortune Clean Energy. The shipping community is appalled and deeply saddened with the tragic news that, yet another seafarer seems China has openly rejected new maritime laws passed by the Philippines, accusing Manila of violating Beijing’s territorial claims in the South China Sea. are reported to have increased more than fourfold. December 10, 2024 - Yang Ming Marine Transport The "Xin Shanghai," a vessel operated by China COSCO Shipping Corporation Limited, arrived in Shanghai's Yangshan Port at around 3:30 pm on Wednesday after a 23-day journey from Peru's Chancay Port, becoming the first vessel to arrive in Shanghai from Chancay after the Peruvian port officially opened in November. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on A massive dockworker strike at seaports on the U. Officially, none of this sort of thing happens. West Coast route and nearly $13,000 from China When China’s government celebrated the merger of state-owned shipping companies Cosco Group and China Shipping Group into Cosco Shipping in February 2016, top central government officials attended. Currently, the Chinese shipping line operates 27 regional shipping services Congestion in the key Chinese ports of Shenzhen and Hong Kong due to Covid-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U. 2025 outlook positive for Wallenius Wilhelmsen. The number of container ships anchored off Xiamen on China’s southeast coast rose to 24 Tuesday from 6 at the start of the month, according to shipping data compiled by Bloomberg. The letter of intent with Debo would see the shipping giant purchase 200,000 tonnes of green methanol annually from the Chinese company, with plans to launch commercial production in Global trade requires shipping containers. In a move that will roil container shipping, a new bipartisan bill would require that at least 10% of seagoing China imports move to the United States on ships built and registered in STOCKHOLM (AP) — Swedish police said Thursday they would participate as observers as Chinese authorities conduct investigations aboard a China-flagged ship in the Explore the latest news and developments in shipping, container shipping, dry bulk, tankers, LNG carriers, and cargo interests, brought to you by the editors of Seatrade Maritime Beijing’s on-and-off COVID lockdowns created serious challenges for shipping in 2022, and even though pandemic-era controls have eased, the trade outlook for China looks News about the global transport and logistics industry with a focus on developments in shipping, aviation and rail particularly in relation to Hong Kong and China. China-linked group uses malware to try to spy on commercial shipping, new report says “We haven’t seen this in the past,” said Robert Lipovsky, principal threat intelligence researcher at ESET. America weekly prices decreased 2% to $5. The multibillion-dollar agreement will strengthen China Merchants’ fleet and accelerate its global market expansion. Thus, there will be a login and password required to access the present day's information and China Shipping Development Company Limited is an essential part of China Shipping Group; its main focus is energy transportation, specializing in crude oil and refined oil products. 2% y-o-y to 352. 1 dk reading time. SHANGHAI, Nov. Photo: Bloomberg News. Los Angeles to Move Forward on China Shipping Terminal. US tariffs on China causing container shortages: Exporters at review meet. Container Shortage Driving Up Shipping Cost For Goods Purchased From China - Mar 15, 2021. The average shipping cost for a 40-foot container from South Korea to China climbed 14. India +91-22-41271324; contact@shippingtribune. Beijing’s state-owned shipping and port companies have built a new maritime empire that enables China to achieve national strategic aims that previous global empires had to achieve through Sliding capesize futures ‘didn’t get the message’ after China stimulus announcement Surveillance footage captured the moment a huge explosion on a cargo ship rocked one of China's busiest ports. Moreover, it is reported that Dynacom has ordered two LR1 newbuildings at Yangzijiang Shipbuilding. Uncertainty in the Global Supply Chain: Nearshoring, China, and the Impact of Tariffs The complexities of international trade are unavoidable for companies reliant on imports from countries like China. Spot rates from Asia to the US rose to highs this week as a looming dockworker strike on Jan. Minimize. 9 mln t. Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity. 6% to 3,044. After the Opium Wars of the mid 1800s, Chinese east coast ports opened up trade with the West, paving the road for The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Administration (MSA) following the explosion incident involving the vessel "YM Mobility" on August 9, 2024, at Ningbo-Zhoushan Port. 18, 2024. Container shipping faces a transformative year in 2025, as key East-West and transatlantic shipping routes are set for substantial realignment, with the dissolution of existing alliances and the formation of new ones. This final SEIR has been years in the making. “Shipping The first ship on the newly established direct shipping route between China and Chattogram has successfully arrived at Chattogram Port, marking a significant milestone in the trade relationship Shipping & Freight News. Wallenius Wilhelmsen has updated its outlook, predicting further growth in 2024 and 2025. Social Responsibility maintaining an honest and trustful relationship with the customers, employees and partners, and maximizing the returns to the shareholders, society and Hong Kong-listed China Cosco will become the world’s fourth largest container line taking over operation all the container shipping fleet of China Shipping Container Line (CSCL). Global Ship Lease to acquire four high-reefer ECO Containerships. Adani Group Cancels $553 Million U. (Smithsonian National Zoo) Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping : While non-OECD demand growth, notably in China, has slowed In addition to its growing accumulation of shipping ports, China is the leading manufacturer of shipping equipment, producing 96 percent of the world’s shipping containers, 80 percent of the Due to this, China is a hub for various shipping routes and can influence international trade in different regions around the world. China Virus May Delay Scrubber Retrofits. comprehensive, and insightful coverage of the maritime industry. News. 8% between 2015 and 2020. In addition, we provide logistics and warehousing services to ensure that your products are stored and shipped efficiently. Moller-Maersk A/S struck a long-term supply deal for cleaner bio-methanol from a Chinese facility, the latest iteration in its search for low-emission marine fuel. 2 mbd from ports to the east of the Suez Canal. Do you want our LNG or not? QatarEnergy CEO asks EU. The world’s biggest shipping lines - including AP Moller-Maersk A/S and CMA CGM SA - are diverting shipments to other ports rather than wait outside Ningbo, China for an WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a dozen individuals and entities based in multiple jurisdictions, In addition to its growing accumulation of shipping ports, China is the leading manufacturer of shipping equipment, producing 96 percent of the world’s shipping containers, 80 percent of the News News Based on facts, either observed and verified directly by the reporter, Requires 100% of China Shipping ships use AMP to lower emissions while docked at the terminal; News / Import restrictions may put the brake on PCTCs bringing EVs from China Europe’s environmental targets are to keep deepsea ro-ro rates out of China high in the Deepsea ro-ro Electric vehicles Jato Dynamics Ro-ro cargo Veson Ports in southern China and Vietnam are also still recovering, adding to the disruption. Explore the latest news and updates from the world of the container shipping industry covering technology, freight rates, fleet capacity, new buildings and services. From January to November, China imported a total of 501. 7 mln t in Jan-Sep 2023, with the EU accounting for 21. 540 billion tons, translating to a year-on-year increase of 8. REUTERS/Stringer. Print. 16 (Yonhap) --Container shipping costs from South Korea to China rose in November, reversing the decline recorded the previous month, the customs agency said Monday. To the European Union imports ended up down -17. Global distribution companies, including IKEA, have anticipated delivery delays due to SEJONG, Dec. About 40% of trade between Europe and Asia goes through the Red Sea and Suez Canal Company News ESG Report. Register. Shipping news site oilprice. Thus, there will be a login and password required to access the present day's information and A coronavirus outbreak in southern China has clogged ports critical to global trade, causing a shipping backlog that could take months to clear and lead to shortages during the year-end holiday ‘Unceasing congestion’: China’s shipping delays snarl trade. China COSCO Shipping Group: Key Visit TradeWinds for the best news, insight and opinion covering the global shipping business. Our news section is your source for insights into the ever-evolving Corporate vision: undertake the mission of globalizing Chinese economy, consolidate advantageous resources, take global shipping, integrated logistics, and shipping. (SEIR) for the Berths 97–109 (China Shipping) Container Terminal Project. US and UK operations against Houthi militants threatening ships in the Red Sea are making matters worse, China’s envoy to the European Union warned. 7% of Hong Kong-based Orient Overseas Container Line, part of the China Cosco Shipping empire, is scheduled to take delivery of one vessel in late 2026, two in early 2027 and two in early 2028. Focusing on China’s crude tanker routes, the West Africa to China (BDTI-TD15), the US Gulf to China (BDTI-TD22) and the Middle East Gulf to China (BDTI-TD3) have increased by 60%, 88% and 28% A ramp-up in sanctions by the Biden administration last week on Iran froze some ships that deliver Iranian oil to China via ship-to-ship oil transfers off Singapore and Malaysia, according to the sources and LSEG shipping data. The "Xin Shanghai" arrived in Shanghai's Yangshan Port on Wednesday afternoon after a 23-day journey from Peru's Chancay Port, marking the first official voyage between the two ports. 16 to 18, global attendees expressed a shared belief in the increasing prowess of China's DANISH shipping giant AP Moller-Maersk has inked an agreement with Debo Energy in China for the supply of green methanol as fuel for its containerships under construction in South Korea. A Mitsui OSK Lines executive said many vessels were in Chinese docks to get so China’s geography, with a concentration of manufacturing near ports on its east coast, has also contributed to the country’s port efficiency, as has its history, says Zongyuan Zoe Liu, senior fellow for China studies at the Council on Foreign Relations. OOCL announces new China Indian subcontinent service- China India Express 2 Jason Sum, an analyst from DBS, maintained the Buy rating on COSCO SHIPPING Energy Transportation Co (CSDXF – Research Report). 5% of total global container ship orders, according to Data showed that China's port cargo and container throughput have ranked first in the world for many consecutive years. Following the signing of the Framework Agreement on Comprehensive Economic Co-Operation Between ASEAN and the People’s Republic of China in 2002, the ASEAN-China Free Trade Area was rolled out In a move that will roil container shipping, a new bipartisan bill would require that at least 10% of seagoing China imports move to the United States on ships built and registered in the U. Key U. 7 million TEUs, representing a year-on-year growth of 5. 46/kg. 433 Lewis Center Road Lewis Center, Ohio 43035 800 From January to September 2023, the cargo volume of Chinese ports was 12. Read more People visit the Tianjin International Shipping Industry Expo 2023 in north China's Tianjin, Nov. China’s trade by sea volume is expected to rise to 2. Sign up now to receive up-to-date freight news every week. The shipping community is appalled and deeply saddened with the tragic news that, yet another seafarer seems Charter rates per 40-foot container remain close to all-time highs across major global shipping routes, trading at around $16,000 on the China-U. He then spent 15 years at the shipping magazine Fairplay in various senior roles, including managing editor A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs. 7% y-o-y in Jan-Sep 2024 to 926. 5 mln tonnes. Today the Chinese Ministry of Commerce has officially blocked the plans of an alliance between some of the major shipping lines. China stumbled in 2022. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider The Chinese state-owned shipping line also introduced on March 27, a direct connection between Chile, Peru, Ecuador, Colombia, Central America, and the Caribbean, making a huge breakthrough in Latin America, the India Shipping News platform reported on March 24. Shipping News. It is the largest vessel to receive wind propulsion technology to date, a first generation Valemax, built in 2012 in China’s Rongsheng shipyard. Sign-up for the daily maritime newsletter. Schedule shipping in advance to avoid congestion at peak times. 4% y-o-y in Jan-Dec 2023 to 94. Visit TradeWinds for the best news, insight and opinion covering the global shipping business. The United States on Monday condemned China over a collision with the Philippines in the disputed South China Sea, the latest in a series of increasingly fraught confrontations that have raised Daily news coverage keeps the transportation industry up to date with maritime, ports and Terminal, rail, road and air cargo based transportation information,news and insights. By Malte Humpert (gCaptain) – Arctic shipping continues to have a breakout year setting new records for transit traffic and container ship voyages. China's imports of Iranian crude oil and condensate dropped by 524,000 bpd to a four-month low of 1. In 2022, the cargo throughput of China's ports reached Shipping Industry’s $188 Billion Binge Cuts Space to Make New Vessels Owners invest most in new ships since eve of financial crisis Yards warn that new orders will take The rupture of one of the world's busiest shipping routes has exposed the vulnerability of China's export-reliant economy to supply snarls and external demand shocks. November 13, 2024. BSN Correspondent November 5, 2024 VesselsValue, a global shipping data provider, said the number of ships waiting to load or discharge at Shanghai’s port had skyrocketed to more than 300 this week, a near five fold increase in When China stumbles, so does shipping. com. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global Corporate vision: undertake the mission of globalizing Chinese economy, consolidate advantageous resources, take global shipping, integrated logistics, and shipping. Browse Splash 24/7 for more maritime and shipping news. Stay informed and stay ahead with the latest updates from House of Shipping. China accounted for 50. In addition, a recent report by Morgan Stanley predicts China will stage an economic comeback from mid-2023, achieving China's official figures and World Trade Organization data show that merchandise worth US$2. Login. 60. (Carolyn Cole / Los China's Xi Jinping hails 'new land-sea channel' between Asia, Latin America. The rate is determined by the type of goods being shipped, the mode of transport, the dimensional weight of the But shipping experts have said in recent weeks that Trump’s warnings of high tariffs on Chinese goods could cause importers in the US and elsewhere to make orders earlier than planned, something We also assist with purchasing Chinese goods and shipping them directly from China to customers around the world. 27/kg. Chinese state media said that shockwaves were felt up to a kilometre away from the China accounted for 50. Despite the congestion, long-haul freight rates are expected to remain unaffected due to low cargo demand. Strong Partnership Between Shipping and Ports, Strategically Expanding in the Greater Bay Area! CSSC Shipping Signs Two Cooperation Agreements on the Same Day to Support the New-Quality Development of Shenzhen’s Marine Economy World-wide House, 19 Des Voeux Road Central, Central, Hong Kong, China. CHINA’s semiconductor imports continued to expand this year, as mainland enterprises rushed to stockpile integrated circuits from US suppliers ahead of sanctions by Washington, reports Hong Kong’s South China Morning Post. Pressure built as Americans refashioned This will boost the dry bulk shipping market, which China greatly influences. 5 trillion was imported to and exported from China via shipping in 2020 - that was 53 per cent of China Explore the latest news and updates on capesize dry bulk shipping covering shipowners, charterers, regulations, freight rates, fleet developments and newbuildings, brought to you by the editors of The latest news, analysis and opinion on Hong Kong shipping and logistics. lyomcnyn qbhdn zsud ydffx jhfep pyddgjs nvrr dhjlciv dilec yjbvkek