Shandong Port Group reported considerable increases in both cargo and containers from January to March this year, despite the coronavirus epidemic.During the first quarter, cargo throughput was 340 million metric tons, an increase of 5.1 percent from the same period last year, while container throughput reached 7.14 million TEUs (twenty-foot equivalent units), a 4 percent increase.The port group attributed the progress to its integration efforts since 2019.In August the group integrated major facilities within Shandong province, including ports at Qingdao, Yantai, Rizhao and the Bohai Bay, aim...
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2020
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The Ministry of Commerce has come up with 11 measures to support the operation of China-Europe freight train services, ship anti-epidemic goods to Europe and help production resumption at export-oriented firms to mitigate the damage from the COVID-19 outbreak.The ministry will help the needy domestic manufacturers gain access to the transcontinental freight train services to procure supplies of materials and parts from Europe necessary for production resumption as soon as possible, said a circular issued by the ministry on Tuesday.The freight trains linking Chinese cities with Europe have been...
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2020
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Transcontinental freight train services are becoming increasingly popular with Chinese and European traders as the COVID-19 curbs on shipping and air transport have crimped commercial activities between the two sides, industry experts said on Tuesday.Sinotrans Ltd, a subsidiary of China Merchants Group, is already operating several freight train services to Europe. It has already organized 54 freight train services between Shenyang in Northeast China's Liaoning province and European cities like Hamburg and Duisburg in Germany, Enns in Austria, and Malaszewicze and Warsaw in Poland so far t...
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2020
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