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The renminbi accounts for 6 per cent of global trade finance
The renminbi accounts for 6 per cent of global trade finance, ranking second
2024-09-12
The share of RMB in global trade finance and payment currency has increased, with foreign investors holding 4.5 trillion yuan in Chinese bonds, a record high, and the proportion of RMB in global trade finance is 6%, ranking second.
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HMM announces major investment of $17.6 billion
HMM, South Korea's largest liner company, announced a major investment of $17.6 billion
2024-09-12
HMM plans to invest a total of 23.5 trillion won ($17.6 billion) by 2030 to promote sustainable development, further expand its business footprint and accelerate its transformation into a global green shipping and logistics service provider.
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MSC announces new independent route network
MSC Announces New independent Route Network and new cooperation with ZIM!
2024-09-11
MSC will launch a new east-west independent transport network in February 2025 and enter into a new long-term operating partnership with ZIM on routes from Asia to the US East Coast and Asia to the US Bay Area.
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Air Canada was grounded by a strike this week
Please note that Air Canada is facing a grounded strike
2024-09-11
Air Canada has announced that negotiations with the Airline Pilots Association (ALPA) have reached an impasse over pay, and the airline is preparing to cancel some flights in the coming days, with the strike likely to last three days starting Sept. 1
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Truck drivers in the Indian state of West Bengal are going on strike for three days
Freight forwarding giant Kuehne & Nagel has issued a warning after a trucking strike in India's West Bengal state
2024-09-11
India's West Bengal truckers will hold a three-day strike (11-13), will affect Kolkata port transport and local road freight, freight forwarding giant Kuehne & Nagel issued a warning that order fulfillment and delivery of goods will be delayed.
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The total value of imports and exports was 28.58 trillion yuan
The total value of imports and exports was 28.58 trillion yuan, up by 6% in the first eight months
2024-09-11
According to customs statistics, in the first eight months of 2024, the total import and export value of China's trade in goods (the same below) was 28.58 trillion yuan, an increase of 6% year-on-year (the same below).
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The China-Europe freight train entered the Grand Canal
With an investment of about 1.455 billion yuan, China-Europe freight trains will enter the Grand Canal
2024-09-11
Longgong Port railway special line with a total investment of 1.455 billion yuan, the total length of the line is 9 kilometers, consisting of connecting stations, loading and unloading stations and intersection viaducts. Construction began in October
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Hapag-lloyd and Maersk announce plans
The United States approved the "Gemini" cooperation agreement, Hapag-Lloyd and Maersk announced the planning plan
2024-09-11
The United States approved the "Gemini" cooperation agreement between Maersk and Hapag-Lloyd, and despite the approval, the cooperation agreement will be subject to enhanced scrutiny and ongoing supervision by the FMC, and the parties involved in the
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Typhoon Capricorn
Cranes collapsed and containers were blown away by Typhoon Capricorn
2024-09-10
China's ports have resumed normal operations after Typhoon Capricorn landed on Luzon Island in the Philippines, Wenchang City in Hainan Province, Xuwen County in Guangdong Province and Quang Ninh province in Vietnam, causing many casualties and heavy
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Shippers face port chaos
The ILA US East Coast port Union continues to threaten a strike as shippers face port chaos
2024-09-10
The ILA U.S. East Coast Port Union continues to threaten a strike, and shippers have begun seeking White House action to prevent it.
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