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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China's Waigaoqiao Shipbuilding A Pioneer Leading the Green Shipping Era

China's Waigaoqiao Shipbuilding A Pioneer Leading the Green Shipping Era

Shanghai Waigaoqiao Shipbuilding has successfully delivered the 210,000-ton bulk carrier 'Sumei' and the 180,000-ton bulk carrier 'Shandong Dechang', marking the delivery of the 250th and 251st ships with independent intellectual property rights. This accomplishment demonstrates the company's leadership in green shipping and technological innovation.

07/23/2025 Logistics
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Tuas Port Hits 10 Million Teus in Global Shipping Milestone

Tuas Port Hits 10 Million Teus in Global Shipping Milestone

Since its opening in 2022, Tuas Port in Singapore has successfully handled over 10 million twenty-foot equivalent units (TEUs), solidifying its status as a key global shipping hub. Utilizing advanced technology and efficient operations, the port is dedicated to meeting international trade demands and contributing to the global supply chain.

08/04/2025 Port Encyclopedia
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Tips to Avoid Lowcost Shipping Scams Pick Reliable Freight Forwarders

Tips to Avoid Lowcost Shipping Scams Pick Reliable Freight Forwarders

This article explores how to identify low-price traps in international shipping and the methods for selecting legitimate freight forwarders. It emphasizes the diversity of price traps and the necessity of qualifications and service terms of legitimate freight forwarders. Through clear standards and recommendations, it assists cargo owners in making informed choices in a complex market environment.

08/04/2025 Logistics Encyclopedia
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Ever Feat Incident Exposes Extreme Weather Risks in Global Shipping

Ever Feat Incident Exposes Extreme Weather Risks in Global Shipping

The Evergreen container ship 'Ever Feat' experienced a stack collapse off the coast of Brazil due to severe weather, resulting in damage to 30-40 containers, some of which are suspended and at risk of falling into the water. This incident poses a potential threat to global shipping and ecological safety, significantly impacting delivery timelines for foreign trade companies.

08/06/2025 Logistics
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US Japan Philippines Sign Trade Pact to Ease Shipping Delays

US Japan Philippines Sign Trade Pact to Ease Shipping Delays

The United States recently signed a new trade agreement with Japan and the Philippines to promote economic cooperation and enhance trade fluidity. However, with the increase in trade, serious congestion in trans-Pacific shipping has emerged, necessitating measures to ensure transport efficiency and ensure mutual benefits for the three countries.

07/24/2025 Logistics
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Guide to Safe Shipping of Methyl Sulfonic Tin to Colombo

Guide to Safe Shipping of Methyl Sulfonic Tin to Colombo

This article details the operational procedures for the bulk sea freight export of stannous methanesulfonate to Colombo. It covers critical aspects such as selecting appropriate shipping schedules, understanding limitations on dangerous goods LCL (Less than Container Load) shipments, preparing booking documentation, the purpose of dangerous goods packaging certificates, the warehouse receiving process, customs declaration documents, and bill of lading issuance. The aim is to provide professional guidance for practitioners involved in the transportation of this hazardous material.

02/21/2025 Logistics Encyclopedia
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Air Freight Guide Key Insights for Domestic and Global Shipping

Air Freight Guide Key Insights for Domestic and Global Shipping

This article, in a popular science style, details the complete air freight process, from inquiry and order acceptance to settlement and delivery. It reveals the crucial role of freight forwarders in both domestic and international air transport. Furthermore, it provides practical advice on selecting the right freight forwarder, helping readers better understand air freight services. This includes understanding the various stages, documentation, and considerations involved in successful air cargo shipments.

08/21/2025 Logistics Encyclopedia
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