On October 28, Russian government approved the abolition of export duties on aluminum alloys. The decision comes into force in 30 days, according to the decree of the Cabinet.The decision will help ＂strengthen the export potential of manufacturers and maintain employment at large enterprises,＂ the g...
The German ＂Business Daily＂ quoted a report on the 3rd of the latest survey results that most German companies in China plan to increase investment there.According to the reports, a recent survey by the Federation of German Overseas Chambers of Commerce China shows that 72% of German companies in Ch...
The volume and price of CIMC's container business have risen, and the performance has achieved a substantial increase.A few days ago, CIMC, the world's largest container manufacturer, released its 2021 third quarter performance report.The report shows that operating income in the fir...
The Suez Canal Authority next year will raise its tolls by 6% for all ships except LNG carriers and cruise ships. This is due to the fact that the tourism sector has been hit hard by the pandemic and it's this sector that has the greatest losses. The new transit fees will take effect from Fe...
The total number of TEUs in the fleet of the FESCO transport group exceeded 100 thousand units. This happened thanks to the purchase of 9 thousand new containers.To date, four thousand new containers have already been delivered to the Chinese city of Dalian, where they were registered with FESCO. Th...
In addition to the service that ensures economic relations between Russia and Korea, a new express between the countries is being launched.Ocean Network Express (ONE) plans to launch its first shipping line on November 3. Departure point - Busan, destination - Vostochny.The Concerto containership wi...
The company, which is the fourth largest sea container carrier in the world, also has CMA CGM Air Cargo, which opened in February 2021. The first flight was made in March between Liege (Belgium) and Chicago (USA).And amid all these problems in logistics, the hype in e-commerce, delays in ports and a...
The Middle East petrochemical market is seeing mixed demand for key petrochemicals as the region gradually recovers from the pandemic's impact.Consumption of some goods remains weak due to the impact of COVID-19 on commodity prices and supply chain disruptions, as well as extremely high frei...
China has achieved impressive success in the economic, social, scientific, technical and other spheres, and is actively involved in addressing topical issues on the international agenda.＂On this special day, wishing a warm and wonderful China National Day…. Let us participate in the vibrant celebrat...
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