Liaoning Port Groups cargo throughput exceeded 43 million tons in January, up 2.6 percent year-on-year, despite the influence of the novel coronavirus outbreak.Iron ore, coal, commodity cars and other cargo keep increasing, with several subsidiaries production and operations reaching the best level in history in January, sources from the group said.According to preliminary statistics, Liaoning Por...
China Petrochemical Corporation (Sinopec), Chinas largest oil refiner, started to provide free natural gas Tuesday for Leishenshan hospital, one of the makeshift hospitals for novel coronavirus patients in Wuhan.The gas supply for the hospital is expected to reach 500 to 800 cubic meters per day, mainly for daily gas usage, said Sinopec.The company has been providing nearly 5 million cubic meters ...
On Thursday 30 January, the China Council for the Promotion of International Trade released a statement confirming that China was offering force majeure certificates to local companies unable to fulfil their international contractual obligations due to the coronavirus outbreak. The relevant directives and certificates do not, for the time being, apply to Hong Kong law contracts where the counterpa...
Uncertainty surrounding the unfolding of the coronavirus outbreak means forwarders have little visibility on how long the current disruption to air, ocean and rail freight flows to and from China is likely to last. But they appear braced for a hike in freight rates when the situation does improve and an expected capacity squeeze kicks in.The pneumonia-like virus has to date killed close to 500 peo...
Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. [Photo by Yu Fangping / For China Daily]BEIJING -- Foreign trade enterprises in China will resume production capacity soon, while authorities are stepping up efforts to improve the business environment and reduce their burden, the Ministry of Commerce (MOC) said Monday.Most foreign trade...
Kale Logistics Solutions, a trusted IT Logistics partner for Fortune 500 companies worldwide, was conferred as the Best Digital Trade Facilitator – Technology at the coveted India Cargo Awards 2020 at Noida, India. India Cargo Awards recognizes the outstanding work done by organizations in the Logistics Industry. It helps to create a platform to recognize those behind the success of the cargo and ...
Swissport Executive Aviation, a subsidiary of Swissport International AG, is further expanding its business in Morocco. After establishing its first Moroccan fixed-base operation (FBO) for business and executive aviation in Casablanca in 2018, Swissport now moved into a dedicated VIP terminal at Marrakech Menara Airport, which opened on 1 February 2020. Swissport Executive Aviation has moved into ...
China MSAs announcement on issues related to ship management during coronavirus outbreak China MSA is making the following announcement regarding the handling of maritime related matters by Chinese domestic vessels during the period of epidemic prevention and control: 1.If the relevant certificates ofships, seafarers, and ship company, signed (approved) by the maritime administration and ship ins...
Most shippers still prioritise cost over sustainable or carbon-free supply chain options, according to the senior manager for sustainability at Agility Logistics, Gwyneth Fries.However, Fries toldLloyd’s Loading Listthat attitudes are progressing, albeit slowly.“When given a chance, only a handful of shippers choose the environment over cost,” she said. “We have noticed an improvement in attitudes...
Thesecondmeeting of the Emergency Committee convened by the WHO Director-General under the International Health Regulations (IHR) (2005) regarding the outbreak of novel coronavirus 2019in the People’s Republic of China, with exportationsto other countries, took place onThursday, 30January 2020, from 13:30to18:35Geneva time (CEST). The Committee’s role is to give advice to the Director-General, who...
The WHO, in a statement on 30 January 2020, declared that the outbreak of the novel Coronavirus originating in Wuhan, China (2019-nCoV) constitutes a Public Health Emergency of International Concern (PHEIC). As cases have now been reported in five WHO regions in the course of one month, with human-to-human transmission outside Wuhan, and experts still trying to identify crucial ‘unknowns’ about th...
Cainiao Smart Logistics Network, the logistics arm of Chinese e-commerce giant Alibaba, has teamed up with industry partners to launch a global logistics initiative that aims to speed up the delivery of medical aid donations to areas in China hit by the coronavirus outbreak.The pneumonia-like virus has to date killed well over 400 people and the Chinese authorities have reported over 20,000 confir...
The European Shippers Council (ESC) is warning its members to be cautious of any sharp rate increases due to supply chain disruption caused by the new coronavirus in China, but acknowledged that the disruption could lead to capacity tightness and price pressures.“We might see some adjustment in prices, but this situation should not lead to some sort of commercial ‘exploitation’ by certain parties,...
Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, announced that its offices in North and South China have remained closed following the announcement by the Chinese government to extend the Chinese National New Year holidays in order to contain the spread of the virus.The shipping line said in a statement: In view of the current situation of the coronavirus outbreak, we are takin...
CHINA – WORLDWIDE – There is only one major story today in the mailboxes of the global shipping community, with Brexit now settling down to another war of attrition, the Coronavirus dominates the news, both within the logistics sector and beyond.In transport departments across the world the questions are; How will the virus affect trade, how quickly can we expect it to spread and what can we do ab...
The European Shippers Council (ESC) is warning its members to be cautious of any sharp rate increases due to supply chain disruption caused by the new coronavirus in China, but acknowledged that the disruption could lead to capacity tightness and price pressures.“We might see some adjustment in prices, but this situation should not lead to some sort of commercial ‘exploitation’ by certain parties,...
Chinese ports have announced they will waive their storage charges for loaded containers amid the extended holidays in the country enacted to deal with the coronavirus outbreak.More than 25 major coastal and river box ports, led by the world’s largest, Shanghai, announced over the weekend or on Monday that they would exempt the fees during the period between January 24 and February 9.The final day...
[Photo/VCG]China decided to exempt additional tariffs on certain categories of goods imported from the United States for preventing and controlling the novel coronavirus epidemic, the Customs Tariff Commission of the State Council said in a statement on Saturday.It means to reinstate the tariff reduction obligations suspended by US Section 232, and there will be no additional tariffs as per the co...
Confronting shipping’s environmental challenges will demand new ways of operating as well as new fuels, according to Roger Holm. As the clock ticks over on a new decade, a monumental shift is occurring in shipping. For so long the silent enabler of world trade – responsible for moving energy, raw materials and consumer goods around the world as well as connecting coastal communities – the industr...
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