China

China

17 Jan 2020
Factories in China close for the lunar new year holidays that begin on Jan. 25, and the high spot rates enjoyed by carriers on the trade are beginning to fall.
15 Jan 2020
Ag exporters are pleased by Wednesday’s signing of the US-China “Phase One” trade agreement, but the immediate impact on export volumes in the westbound trans-Pacific is unknown because the deal lacks specific details on commodity codes and tariff levels, they say.
10 Jan 2020
US imports in January-February are projected to drop steeply year-over-year, but pick up in March and return to normal seasonal trends.
10 Jan 2020
Despite the continuation of US import tariffs on $370 billion in Chinese-made goods and a slowing global economy, Asian container trade growth is expected to accelerate in 2020.
08 Jan 2020
A jump in pilotage fees at China’s Yantian International Container Terminal come as Hong Kong is already under pressure to maintain its position as one of the world’s top 10 container ports amid a continual shift of volumes to nearby Chinese ports and some shift in manufacturing from China to southeast Asian nations.
THE Alliance to roll out HMM mega-ships in revised Asia-Europe network
08 Jan 2020
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
06 Jan 2020
The impact of steadily rising low-sulfur fuel prices on carriers is being partly offset by a strong increase in the Asia-Europe spot market, but the traditional slack season is just a couple of weeks away.
31 Dec 2019
The “phase one” trade deal has eased tensions between the US and China and prompted Washington to cancel some tariffs and reduce others, a move welcomed by US retailers, who say the tariffs have been a drag on the US economy.
31 Dec 2019
Despite an easing of trade tensions between the United States and China, shippers will continue to diversify their sourcing options to mitigate risk.
30 Dec 2019
As volumes on the China–Europe rail route continue to grow, stakeholders are looking at ways to make the network more efficient, as well as potential reforms to the system of subsidies that fund operations.
20 Dec 2019
Spot rates on the Asia-Med and Asia-North Europe trades continue to spike ahead of the new year, with a combination of factors stimulating prices.