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 to Mexico’s main container port, Manzanillo,
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 203.7 million TEUs, while for the
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 call for the Far East India
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 Beijing eyeing ports on the west
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 glut, as freight levels reverse to
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 of intelligent and unmanned ports was
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 rate of 4.4% for container volume