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china

Statistics

China-Europe rail freight services buck falling volumes trend

Duisburg - China-Europe rail freight is bucking the pandemic-wide trend of falling air and ocean volumes, boasting double-digit growth this year. According to China Railway Group, 2,920 trains ran between January and April, carrying 262,000 teu, up 24% year on year. Last month alone, westbound volumes were up 58% and eastbound 29%, totalling 88,000 teu

Development

Investment in railways connect dry ports in Africa / FOCUS

Il Cairo - In 1970, many African countries had been independent for barely 10 years and their economic development agenda, which was still in its infancy, included ambitious plans to develop inland ports. These ports were to serve as intermodal nodal points with the aim of achieving a seamless network of railway lines and roads linked to the region’s seaports

In April

Russia tops as No.3 world's shipbuilder nation

Seoul - South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. Daewoo Shipbuilding & Marine Engineering Co. and others won orders totaling 230,000 compensated gross tons (CGTs) to build eight ships in April, trailing far behind Chinese shipbuilders that bagged 730,000 CGTs in orders to build 38 vessels