FEATURE | TECHNOLOGY
shipping research institution, during Tianjin International Shipping Industry Expo 2024. “China remains shipping’s biggest single market. In many areas of the maritime economy, China is incredibly important and has taken on market-leading positions globally.” The transformation of ports across the country also offers a glimpse into the vibrancy of China’s shipping industry. Official data shows the tonnage of the ship fleet owned by Chinese shipowners has reached 249.2 million gross tons, making it the world’s largest shipowner country in terms of gross tonnage. Moreover, China has eight of the world’s
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China’s foreign trade reached a new high in the first half of this year, providing more momentum for economic recovery, official data showed Friday. The trade volume of goods expanded
6.1% year on year to 21.17 trillion yuan (about 2.97 trillion U.S. dollars) in the January- June period, according to the General Administration of Customs. “Maritime shipping is crucial to the
world economy as 85% of all global trade is seaborne, and China plays an important role in this,” said Steve Gordon, global head of Clarkson Research Services, a
top 10 busiest ports in terms of cargo throughput and seven of the world’s top 10 ports in terms of container throughput. “In recent years, global shipping
industry has encountered unprecedented challenges. The COVID-19 pandemic tested the fabric of the global supply chain, causing widespread disruptions,” said Joseph Edward Kramek, president, World Shipping Council. “Red Sea threats and disruptions in the Panama Canal have added complexity to our operations, yet these events have also driven us to develop more robust and flexible solutions.” Through technological innovation, enhanced transportation efficiency, and
increased global cooperation, China’s shipping industry has played a vital role in ensuring the security, stability and smooth flow of the international logistics supply chain and promoting global economic growth amidst uncertainty. “China’s shipping industry is changing
very fast and embracing the new technologies related to decarbonization and digitalization. That’s really impressive,” Jan Van der Borght, port representative, Antwerp-Bruges Port Authority, told Xinhua. Additionally, Chinese shipping and logistics enterprises are also actively promoting cross-border cooperation. Cainiao, China’s e-commerce
heavyweight Alibaba’s logistics arm, has established a global smart logistics network with end-to-end capabilities. It operates across some 200 countries and regions.
“The global economy relies on the seamless movement of goods across oceans, and it is our responsibility to ensure that this continues efficiently and sustainably,” added Kramek. “We like to work together with our Chinese friends and partners to exchange ideas. Cooperation, transparency and continuous dialogue are of paramount importance if we are to face the current challenges together,” said Van der Borght.
Tianjin Port is the world’s busiest port in terms of cargo throughput. © ambient pix
Shutterstock.com xxxii | October 2024 | Dockside Lift & Move Supplement
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