Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

The global shipping industry is facing severe challenges, with China's international shipping market impacted by economic fluctuations leading to reduced exports of manufactured goods and imports of resources. The depreciation of the yuan has not significantly boosted exports, and there is a serious oversupply of vessels amid low market demand, particularly affecting dry bulk and container shipping. Although the oil tanker manufacturing sector has shifted towards energy-efficient ships, it faces competitive pressures due to fuel price volatility. The winter for global shipping extends beyond China, necessitating urgent industry and market structural adjustments.

07/21/2025 Logistics Industry Insights
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Guide to Kyaing Tong Airport KET and Air Cargo Efficiency

Guide to Kyaing Tong Airport KET and Air Cargo Efficiency

This article provides a detailed introduction to the three-letter code of Kengtung Airport (KET) in Myanmar and its significance. It also offers a method for querying global airport codes using the XWS Freight Network. Furthermore, the article covers crucial information for air freight operations, including airport facilities, warehousing details, and labeling requirements. Practical tools such as air freight tracking and airline inquiries are also included, aiming to assist readers in efficiently conducting international air freight business. This information is valuable for understanding airport operations and facilitating global logistics.

09/28/2025 Airport Codes
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Venezuelas Barinas Airport Expands Air Freight Operations

Venezuelas Barinas Airport Expands Air Freight Operations

This article details the three-letter code (BNS) for Barinas Airport in Venezuela and highlights the three-letter code query system offered by West Coast Cargo. This system provides global airport code lookup, air freight tracking, and airline information, making it a valuable tool for air freight operations. It also introduces West Coast Cargo's unique Pinyin initial code query rule, allowing users to quickly locate their target airport. The system simplifies the process of finding relevant information for air cargo shipments to and from Venezuela and other global destinations.

09/29/2025 Airport Codes
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WCO Program Modernizes Uzbekistans Customs Operations

WCO Program Modernizes Uzbekistans Customs Operations

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), is assisting Uzbekistan in enhancing its customs strategic planning capabilities. This initiative aims to help the State Customs Committee (SCC) of Uzbekistan build a more efficient and intelligent customs system by developing strategic roadmaps and designing Key Performance Indicators (KPIs). The goal is to embrace openness and digital transformation, improve trade facilitation, and ultimately promote national economic development. The project focuses on strengthening Uzbekistan's ability to implement modern customs practices and contribute to regional and global trade.

01/05/2026 Customs Knowledge
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WCO BRS Partner to Advance Green Trade Via HS Codes

WCO BRS Partner to Advance Green Trade Via HS Codes

The World Customs Organization (WCO) and the Secretariats of the Basel, Rotterdam and Stockholm Conventions (BRS) highlighted their collaboration in addressing environmental and social issues using the Harmonized System (HS) at the BRS COPs in Geneva. The WCO facilitates customs control of goods threatening the environment and human health by introducing HS codes. They shared elements of successful proposals, aiming to strengthen global cooperation and build a sustainable trade future. This partnership demonstrates how the HS can be leveraged for environmental protection and responsible trade practices on a global scale.

01/05/2026 Customs Knowledge
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