Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

Belt and Road Nations Push for Stronger Customs Cooperation to Boost Trade

During the Belt and Road Forum for International Cooperation, experts discussed the significance of customs cooperation among participating countries. They proposed five key areas for improvement: deepening mechanism alignment, regulatory innovation, information sharing, trade security, and capacity building, to enhance customs' role in facilitating trade. Through collaboration, countries can better respond to emerging trade patterns and ensure global economic stability and prosperity.

07/29/2025 Logistics
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Xiamen Port And Tianjin Port Strategic Cooperation Opening A New Era Of Modern Logistics Worth Hundreds Of Billions

Xiamen Port And Tianjin Port Strategic Cooperation Opening A New Era Of Modern Logistics Worth Hundreds Of Billions

Xiamen Port, Tianjin Port, and Zhonggu Shipping have signed a strategic cooperation agreement to enhance cooperation between northern and southern ports and promote the development of a trillion-yuan modern logistics industry. The three parties will focus on expanding sea-rail intermodal transport, supply chain markets, and various cooperative fields, facilitating regional economic complementarity and trade exchange.

07/28/2025 Logistics
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Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

Enhancing China-russia Border Customs Cooperation to Build the Silk Road Economic Belt

A meeting was held at the Harbin Customs on the China-Russia border to discuss and promote customs cooperation and trade facilitation between the two countries. The conference aimed to strengthen the connection between the 'Longjiang Silk Road' and the 'Coastal Highway 1,' addressing issues such as port management and mutual recognition of commodity regulation. Future cooperation directions were planned to promote the smooth progress of bilateral trade.

07/21/2025 Logistics
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Hamburg Port Leads The Green Shipping Initiative

Hamburg Port Leads The Green Shipping Initiative

The Port of Hamburg recently launched an automated shore power system for cruise ships, becoming a pioneer in global green shipping. This new system significantly reduces ship emissions, with an expected 99% cut in nitrogen oxides, enabling smarter energy supply for cruise ships. Additionally, Hamburg plans to enhance power supply through mobile charging vessels. These initiatives align with international trends, promoting more sustainable port operations and supporting green shipping cooperation between China and Germany.

07/21/2025 Logistics
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Lianyungang New Europe Freight Train Launch: Promoting China-kazakhstan Cooperation and Upgrading International Logistics

Lianyungang New Europe Freight Train Launch: Promoting China-kazakhstan Cooperation and Upgrading International Logistics

The launch of the 'Lianxinyou' train route from Lianyungang to Kazakhstan and Europe marks an upgrade in logistics cooperation under the Belt and Road Initiative. The railway spans 11,000 kilometers and reduces transport time to 12 days, enhancing transport efficiency. As a crucial logistics hub, Lianyungang facilitates economic cooperation between China and Kazakhstan and collaborates with Kazakhstan to build a modern logistics park, laying the foundation for future development.

12/13/2023 Logistics
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Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

The merger between global shipping giants China COSCO Shipping Group and China Shipping is gaining approval and may reshape the shipping market landscape. Meanwhile, France's CMA CGM is planning to acquire Neptune Orient Lines, seeking regulatory approval. As the dynamics among the four major shipping alliances change, market competition is expected to intensify, especially on Asia-Europe routes. Overall, the shipping industry remains in a downturn, and the outlook is not optimistic.

07/21/2025 Logistics
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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