News2022

The Chinese authorities will not open the land border for Russian residents, despite the decision of the Russian government to resume the work of checkpoints from April 9. This was reported on the official website of the Chinese Embassy in Russia.According to the WeChat public account of the Chinese...

Chinese shipping giant COSCO Group recently announced its 2021 financial report. Profits attributable to equity holders totaled US$14 billion, a year-on-year increase of US$12.51 billion, or nearly 800%.During the same period, COSCO Group's earnings before interest and taxes (EBIT) amounted ...

In January this year, container throughput in Shanghai, the world's busiest container port, exceeded 4.35 million TEUs, a new monthly high.The container throughput of Yangshan Phase III and Waigaoqiao Phase IV reached 760,000 teu and 401,000 teu respectively, both hitting a new monthly high ...

Finnish logistics company Nurminen commenced its Middle Corridor rail freight services on 10 May. Nurminen dispatched the first westbound train from Chongqing in China, heading to Central Europe. This new service is organised in cooperation with Kazakhstan Railways.Nurminen’s train will follow the M...