Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 物流行业洞察
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Ocean and Air Freight Drive Global Trade Amid Evolving Logistics

Ocean and Air Freight Drive Global Trade Amid Evolving Logistics

This article explores the importance and distinct characteristics of ocean and air freight in international logistics. Ocean freight is renowned for its capacity to transport bulk commodities, while air freight offers speed and efficiency that greatly facilitate commercial activities. As logistics services become increasingly diverse, understanding container specifications, transport costs, and each shipping phase will help businesses enhance logistics efficiency. In the future, the continued development of ocean and air freight will lead to a more intelligent and specialized international logistics framework.

07/29/2025 物流行业洞察
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Welly International Enhances Taipeiqingdao LCL Shipping Efficiency

Welly International Enhances Taipeiqingdao LCL Shipping Efficiency

Welly International Enterprise Co., Ltd. specializes in logistics lines between Mainland China and Taiwan, offering sea and air freight services. Their professional team and extensive experience ensure the safe and timely arrival of goods, providing customized solutions. The company is committed to becoming a trusted partner for businesses by optimizing logistics plans and reducing transportation costs. They focus on providing efficient and reliable services for all types of cargo, especially break bulk, solidifying their position as a leader in cross-strait logistics.

08/21/2025 物流资讯
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Future Trends In Air Cargo Analysis Of Wide-body Vs Narrow-body Freighters

Future Trends In Air Cargo Analysis Of Wide-body Vs Narrow-body Freighters

With the changes in global trade patterns and technological advancements, the demand for air cargo has significantly increased. The need to transport over 10,000 tons of goods has established a requirement for both wide-body and narrow-body cargo aircraft. Narrow-body aircraft are suitable for small-scale transportation due to their flexibility and cost-effectiveness, while wide-body aircraft dominate in the transportation of bulk goods. Although China still lags in the number of large cargo aircraft, the market development potential remains enormous.

07/22/2025 物流资讯
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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 物流行业洞察
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