Container prices double, leasing rates triple in China
BEIJING : The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers in China.These
Box lines start Asia-Mexico services as rates hit 20-month high
SHANGHAI : Mainline operators have been starting services connecting China with Mexico as freight rates have reached a near two-year high. Freight rates for containers from Chinese ports
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
BEIJING : Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was
Now, a direct shipping service between Chennai and China
CHENNAI : A direct container shipping service will be available for the trade between Chennai and China with DP World, a global logistics provider, recently hosting the inaugural
China eyes ports on West Africa and Argentina
BEIJING : Since being re-elected as President for a third term, Xi is using BRI debt leverage and deft trade diplomacy with Europe establishing a military network. With
Empty containers accumulate in Chinese Ports, highlighting weak demand
SHANGHAI : Within a space of a year, the catch-phrase in the liner industry has gone from “containers are hard to come by” to concerns of a container
China to accelerate building of intelligent,unmanned ports in next five years
SHANGHAI : China’s Ministry of Transportation issued a plan for the construction of new types of basic infrastructure over the next five years, under which accelerating the building
Container volume at major Chinese ports up 4.4% in early August
Container volume at eight major Chinese ports returned to grow following a short period decline in late July. In early August, eight major Chinese container posts posted a growth
Decade-old plan for new 3m TEU port in Yantian resumes
SHENZEN : Hutchison Port Holdings Trust (HPHT) and China’s Shenzhen Yantian Port Group (SYPG) have revived a decade-old plan to build a new deep-water container port in the