Yangpu Abu Dhabi Ports Partner to Expand Chinaarab Trade

Yangpu Abu Dhabi Ports Partner to Expand Chinaarab Trade

The establishment of a sister port relationship between Yangpu Port and Abu Dhabi Port marks a new stage in China-Arab economic and trade cooperation. Both sides will strengthen collaboration in port construction, shipping services, and green energy, leveraging the advantages of Hainan Free Trade Port and Abu Dhabi Free Zone. The aim is to build a dense route network, enhance the regional hub roles of both ports, and promote economic and trade exchanges between China and the Arab world. This partnership is expected to boost maritime connectivity and facilitate increased trade flows.

11/03/2025 Logistics
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Red Sea Crisis Fuels Global Shipping Supply Concerns

Red Sea Crisis Fuels Global Shipping Supply Concerns

The Red Sea crisis is causing shipping diversions, triggering a global supply chain reaction. Decreased container turnaround rates and increased panic buying in Europe and the US are contributing to potential container shortages. Currently, empty containers are stable in East and North China ports, with slight shortages of 40HC containers in some South China ports. Shipping companies and cargo owners need to monitor market dynamics, flexibly adjust transportation plans, and strengthen international cooperation to maintain global supply chain stability. The situation warrants close attention to mitigate potential disruptions.

01/16/2026 Logistics
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Egypts Abu Simbel Airport Boosts Tourism Access

Egypts Abu Simbel Airport Boosts Tourism Access

Abu Simbel Airport (ABS) is located in Egypt at coordinates 22.3759995°N, 31.6117001°E, featuring a 9,843-foot asphalt runway. It primarily operates flights to Aswan International Airport and is equipped with professional fire and navigation communication services. The presence of the airport enhances the region's economic value and tourism appeal.

09/15/2025 Airport Codes
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Guide to SWIFTBIC Codes for Egyptian Banks

Guide to SWIFTBIC Codes for Egyptian Banks

This article explains how to easily find a bank's SWIFT/BIC code in Egypt to ensure smooth international remittances. It provides various methods for checking, such as visiting the official website, consulting customer service, and using online platforms. It also emphasizes the importance of accurate information to avoid transfer errors.

09/08/2025 International Settlement
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16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

16th China International Logistics Festival to Be Held in Xi'an Building a Logistics Hub on the New Silk Road

The 16th China International Logistics Festival will take place from April 8 to 10, 2024, in Xi'an, focusing on logistics development under the New Silk Road. This major event will gather experts and leaders from various sectors, featuring forums and exhibitions to explore international logistics cooperation and regional economic opportunities, promote trade exchanges, and support Xi'an in becoming a global logistics hub.

04/05/2024 Logistics
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Ocean Freight Rates Surge Amid Uschina Trade Strain

Ocean Freight Rates Surge Amid Uschina Trade Strain

The surge in China-US ocean freight rates stems from pandemic-induced supply-demand imbalances, leading to reduced shipping capacity, port congestion, and surging demand. This intensifies cost pressures on exporters, drives up consumer prices, and disrupts supply chains. Mitigation strategies include increasing shipping capacity, optimizing port operations, strengthening international cooperation, and promoting digital transformation to stabilize the global trade chain.

01/15/2026 Logistics
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SWIFT BIC Codes Key to Secure Global Transfers

SWIFT BIC Codes Key to Secure Global Transfers

This article discusses the importance of SWIFT/BIC codes, using the National Bank of Egypt as a case study. It details the structure of the code and highlights key considerations when using SWIFT codes for international remittances. Understanding this information can enhance the efficiency and security of remittances, facilitating smoother financial transactions.

09/04/2025 International Settlement
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