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Better outlook buoys shipping shares

Better outlook buoys shipping shares
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Dong Liwan , Hong Kong , United Kingdom , Los Angeles , Mai Boliang , Feng Hao , National Development , Specialized Carriers Co Ltd , Reform Commission , China International Marine Containers Group Ltd , Shanghai Maritime University , Energy Transportation Co Ltd , China Merchants Energy Shipping Co Ltd , Holdings Co Ltd , Institute Of Comprehensive Transportation , Shanghai Composite Index , Merchants Energy Shipping Co Ltd , China Containerized Freight Index , Southeast Asia , Comprehensive Transportation , China International Marine Containers , ஹாங் காங் , ஒன்றுபட்டது கிஂக்டம் , லாஸ் ஏஞ்சல்ஸ் , ஃபெங் ஹ்ம் , தேசிய வளர்ச்சி ,

Better outlook buoys shipping shares

Better outlook buoys shipping shares
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Dong Liwan , Hong Kong , United Kingdom , Los Angeles , Mai Boliang , Feng Hao , National Development , Specialized Carriers Co Ltd , Reform Commission , China International Marine Containers Group Ltd , Shanghai Maritime University , Energy Transportation Co Ltd , China Merchants Energy Shipping Co Ltd , Holdings Co Ltd , Institute Of Comprehensive Transportation , Shanghai Composite Index , Merchants Energy Shipping Co Ltd , China Containerized Freight Index , Southeast Asia , Comprehensive Transportation , China International Marine Containers , ஹாங் காங் , ஒன்றுபட்டது கிஂக்டம் , லாஸ் ஏஞ்சல்ஸ் , ஃபெங் ஹ்ம் , தேசிய வளர்ச்சி ,

Container conundrum: Shippers struggle to meet surging demand

The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal boxes that shuttle some 90% of the goods around the global economy.
A trade boom in the second half of last year caught the container producers mostly Chinese companies by surprise as the pandemic threw the existing supply of about 25 million boxes off their normal routes. The manufacturers have been ramping up output ever since, but they’re unable to alleviate shortages that have underpinned soaring freight rates for six months.
The problem resembles those in the car industry, where auto makers cut computer chip orders early in 2020 expecting a slump in sales, only to see household consumption prove resilient. The container tightness and port congestion that’s accompanying it may extend into the second half of 2021, with recoveries in the U.S. and European economies expected to keep demand high for Chinese goods. ....

New York , United States , Li Muyuan , Mai Boliang , Olivier Ghesquiere , Ken Hoexter , Simon Heaney , Drewry Shipping Consultants Ltd , China International Marine Containers Co , China Container Industry Association , Textainer Group Holdings Ltd , Drewry Shipping Consultants , Lunar New Year , Textainer Group Holdings , International Trade , Asia Pacific , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஆலிவர் கெஸ்‌க்வையர்ய் , சிமோன் ஹீனி , ட்ரூரீ கப்பல் போக்குவரத்து ஆலோசகர்கள் லிமிடெட் , சீனா சர்வதேச கடல் கொள்கலன்கள் இணை , சீனா கொள்கலன் தொழில் சங்கம் , ட்ரூரீ கப்பல் போக்குவரத்து ஆலோசகர்கள் , சந்திர புதியது ஆண்டு , சர்வதேச வர்த்தகம் ,

shipping containers: Shortage of new shipping containers adds to global trade turmoil

Synopsis
The problem resembles those in the car industry, where auto makers cut computer chip orders early in 2020 expecting a slump in sales, only to see household consumption prove resilient.
iStock
Production rose to 300,000 20-foot equivalent units in September, then to 440,000 in January.
The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal boxes that shuttle some 90% of the goods around the global economy.
A trade boom in the second half of last year caught the container producers mostly Chinese companies by surprise as the pandemic threw the existing supply of about 25 million boxes off their normal routes. The manufacturers have been ramping up output ever since, but they’re unable to alleviate shortages that have underpinned soaring freight rates for six months. ....

New York , United States , Li Muyuan , Mai Boliang , Olivier Ghesquiere , Ken Hoexter , Simon Heaney , Drewry Shipping Consultants Ltd , China International Marine Containers Co , China Container Industry Association , Textainer Group Holdings Ltd , Drewry Shipping Consultants , Lunar New Year , Textainer Group Holdings , Shipping Containers , Covid 19 , Co Vid , Shipping Consultants Ltd , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஆலிவர் கெஸ்‌க்வையர்ய் , சிமோன் ஹீனி , ட்ரூரீ கப்பல் போக்குவரத்து ஆலோசகர்கள் லிமிடெட் , சீனா சர்வதேச கடல் கொள்கலன்கள் இணை , சீனா கொள்கலன் தொழில் சங்கம் , ட்ரூரீ கப்பல் போக்குவரத்து ஆலோசகர்கள் ,

Shippers, container makers in overdrive | Hellenic Shipping News Worldwide

Shippers, container makers in overdrive
Countless containers await loading at the cargo terminal of Shekou Port in Shenzhen, Guangdong province, amid sustained global demand for Chinese exports－a testimony to the newfound paramount significance of supply systems and logistics in the wake of the COVID-19 pandemic.
“Our production schedule has been filled up till the second half of this year,” said Mai Boliang, chairman and CEO of China International Marine Containers (Group) Ltd, adding that the company’s employees didn’t have much time to relax during the Spring Festival period as they raised container production volume from more than 200,000 units to over 400,000 units per month. ....

Jiang Feng , Saint Gobain , Zhou Mi , Zhang Yansheng , Zhang Shuibo , Javier Gimeno , Mai Boliang , Li Xingqian , Li Kuiwen , Li Keqiang , Yang Yuanqing , Chee Kong , National People Congress On Mar , International Economic Exchanges , National Bureau Of Statistics , World Trade Organization , Regional Comprehensive Economic Partnership , Ministry Of Commerce , European Union , China Daily , National People Congress , China Center , Administration Of Customs , Tianjin University , China International Marine Containers Group Ltd , Lenovo Group Ltd ,