Freight forwarders have turned to rail services between China and Europe, backed by the Belt and Road Initiative, as a transportation alternative in light of disruption to international shipping caused by the Red Sea attacks, emphasizing the rail route's strategic importance in stabilizing global supp...
Second, although the Red Sea crisis also has a certain impact on China's textile and clothing exports to Europe (the routes in Europe and the Middle East have been empty), on the one hand, China Europe trains are more alternative to shipping. The space of China Europe trains has been bo...
Amid the Red Sea crisis that has severely disrupted a critical seaborne route for global trade, a fleet of "steel camels", referring to the freight trains running on the China-Europe railway, stands out as a land-based alternative, said Fu Cong, China's ambassador to the European Union. I...
The overall cost to the international supply chain has also been driven up by the Red Sea crisis, said Wang Yangkun, head of the Transport Technology Development Research Center at the National Development and Reform Commission's Institute of Comprehensive Transportation. While the costs of internati...
Fitch Ratings-Hong Kong/Shanghai-07 March 2024: 本文章英文原文最初于2024年3月6日发布于:Some Chinese Exporters Face Increased Costs due to Red Sea Crisis 惠誉评级表示,持续发酵的红海危机令出口欧洲市场的中资企业面临更高的运输成本。惠誉认为,鉴于中国货品的外需有所下降,...
"The Red Sea crisis has had a significant impact on Suez Canal's shipping industry, resulting in a sharp decrease in the number of passing ships," said an employee of the Aldunfah Beach Club. Industry insiders were among the first to feel the impact of the worsening situation. Khaled Tony...
Infographic: China-Europe Railway Express, a transport stabilizer amid Red Sea Crisis 时间:2024-03-15 20:35:21 来源:中新网 China-Europe Railway Express (CRE) is hailed as the "iron camel caravan" that connects the Eurasian continent. It is also a "stabilizer," ensuring the security of ...
The envoy asserted that resolving the Gaza crisis is crucial, as "only by achieving an early ceasefire in Gaza and easing the humanitarian crisis on the ground can we avert any further escalation in the Red Sea."■
SINGAPORE (ICIS)--China acetic acid exports to Europe are expected to contract in January, as spottrades between the two markets have dried up after the Red Sea crisis drove up shipping costs. Asia-Europe freight rates have surged to range in the low $200s/tonne from the high $100s/...
According to reports from professionals, due to the Red Sea shipping crisis, global shipping giants such as Maersk, Hapag-Lloyd, and Mediterranean Shipping Company have avoided the Red Sea shipping route, resulting in extended voyage times and decreased shipping capacity, leading to significant ...