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Freight rates continue to fall! The large-scale suspension of flights during the Spring Festival did not meet the expectation of stable freight rates (2023-2-6)
Drewry released the latest World Container Freight Index (WCI), down 2%, and the composite index dropped to $2,046.51; Ningbo Shipping Exchange released the NCFI freight index, down 1% from last week. It seems that the shipping companies reduced the number of parallel flights to control the shi...Read more -
The Chinese embassy in Indonesia held the theme event of “China-Indonesia Youth Celebrates New Year”, and the youth of the two countries warmed up to welcome the spring festival togethe...
Chinese Indonesian Youth Gala On January 14, 2023, which is the “small year” of the traditional Chinese lunar calendar, the Chinese Embassy in Indonesia grandly held a special event of “China-Indonesia Youth Celebrating the New Year” at the Shangri-La Hotel in Jakarta. T...Read more -
Topfan丨It is difficult to do customs clearance in Indonesia, and the reason for the “red light period” strict investigation!
In the Southeast Asian market, the economic development level of Indonesia is far ahead of the countries of Southeast Asia, and it is the main economy in Southeast Asia. Its population is also the fourth most populous country in the world after China, India and the United States. Indonesia has a ...Read more -
Topfan丨What qualifications do you need to make cosmetics in Indonesian market?
Since the beginning of this year, Indonesia’s e-commerce market is extremely hot, among which the consumption trend of female customers is rising, skin care and cosmetics have become the current hot sale products. Women make up about half of Indonesia’s estimated population of 279 mil...Read more -
Air cargo market continues to shrink as global economy slows（7st, November, 2022 ）
The air cargo market continued to return to 18-month record growth in October as the global economy slowed and consumers tightened their wallets while spending on services increased. The airline industry has entered a typical peak season, yet there are few signs of incre...Read more -
Freight rates continue to drop! Most routes remain in decline, and the Middle East and Red Sea routes rise against the trend
Recently, carriers have continued to cancel vessel from China to Northern Europe and West America to slow down the decline in freight rates. However, despite the substantial increase in the number of canceled voyages, the market is still in a state of oversupply and frei...Read more -
Super typhoon named Xuan Lannuo weakened to a strong typhoon, the port should still be highly vigilant. (Date of 2rd,September)
The year's No. 11 typhoon "Xuanlannuo" has weakened from a super typhoon level to a strong typhoon level at 5 o'clock in the morning today (September 2), and its center is located in the south-easterly direction of Zhujiajian Island, Zhoushan City, Zhejiang Province. On ...Read more -
The exchange rate of USD/RMB exceeded 6.92. It is a moderate depreciation good for the export sector? (Date of 30th,August)
As the US dollar index continues to rise and hit a new high since 2002. On August 29, the onshore and offshore RMB exchange rates against the U.S. dollar hit a new low since August 2020. The onshore renminbi against the U.S. dollar once fell below the 6.92 mark; the offs...Read more -
China-Scotland opens first direct container shipping route (Date:2rd,September)
More than 1 million bottles of whisky will soon be shipped directly from the west coast of Scotland to China, the first direct sea route between China and Scotland. This new route is expected to be a game changer and outcome. The British container ship "Allseas Pioneer" ...Read more
