Industry Information

The Red Sea crisis continues, and the resumption of shipping is still difficult. Maersk announced that it would resume the Red Sea route. On December 24 local time, the global shipping giant Maersk issued a statement saying that due to the deployment of the US-led joint escort operation, the company is preparing to resume its operations in the Red Sea and the Gulf of Aden.

MSK's first large green methanol-powered ship will be deployed on the Asia-Europe route! The first of 18 large methanol-powered ships ordered by AP Moller-Maersk (Maersk) is about to be put into operation. On February 9, 2024, it will be deployed on the AE7 route connecting Asia and Europe?...

Exports to Europe have been greatly affected! Remember the "Ever Given" ship jam in the Suez Canal in 2021? This time, things may be even worse! The Red Sea is located at the junction of the two continents of Asia and Africa. The southern end is connected to the Arabian Sea and the Indian Ocean through the Bab el-Mandeb Strait, and the northern end is connected to the...

Currency depreciation exceeds 50%! CCTV News reported that on the afternoon of the 12th, local time, Argentina's new Minister of Economy Caputo announced a new economic policy to the public via video, among which the adjustment of the exchange rate between the peso and the US dollar attracted widespread attention. According to the new policy, Argentina...

Overview of new foreign trade regulations in December: The General Administration of Customs has implemented measures such as relaxing the time limit for declaring carry-over of deep processing of processing trade; new pilot policies for 3C certification of imported information technology equipment; the registration of enterprises applying for certificates of origin under the China Council for the Promotion of International Trade has been cancelled; China has announced unilateral visa exemption for 6 countries; ...

South African ports are congested for a long time, with more than 70,000 containers stranded! It is understood that the Port of Durban in South Africa handles about 60% of South Africa's container volume/transportation volume. With the increase in the number of containers, the Port of Durban, the largest port on the east coast of South Africa, is facing the problem of worsening congestion. According to South African Ports...

India may ban imports of knitwear from China! Currently, the Indian textile industry is facing the dual pressures of slowing export demand and a massive influx of imported fabrics and clothing. According to the All India Knitting Association, imported supply is swallowing up domestic demand. According to a survey conducted by the association...

Maersk lays off more than 10,000 people AP Moller-Maersk Group, one of the world's top ten famous shipping companies, and the world's largest container shipping company seems to be "unable to bear it". In view of the continued downturn in the market, Maersk Group said it will lay off at least 10,000 people...

Overview of New Foreign Trade Regulations in November China adjusted its export control list, including three highly sensitive graphite items; Starting from November 1, the company registration of the origin of exported goods will be cancelled; The General Administration of Customs issued new regulations on proactive disclosure of violations; The U.S. Department of Commerce listed 13...

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