As we move towards the middle of February, Chinese New Year is just days away with workers across China looking forward to their extended break. The run in to CNY has had its usual impact on supply chains, carrier performance and rates. We review the situation and consider the air, sea and rail outlook for 2018.
Just days after being highlighted as the world’s most connected ports, Shanghai and Ningbo have broken more records; much to the delight of our proud colleagues by the two container terminals.
The Silk Road or Silk Route was an ancient network of trade routes that connected China and Europe. In 2013 Chinese leader Xi Jinping launched a vision of the ‘New Silk Road’ in the ‘One Belt One Road Initiative’, spanning 60-plus countries across Asia, the Middle East, Europe, and Africa.
While we’re all getting back into work after the Christmas and New Year break, it is worth remembering that China will close for six days to celebrate their Lunar New Year in a few weeks.
Maritime researchers Drewry have released their connectivity index for the world’s container ports, with Norman Global Logistics situated at four of the top seven.
Norman Global Logistics in Shanghai are celebrating the port’s successful launch of automated container handling operations, a move that will further boost the status of the world’s busiest container port.
CHINA, HONG KONG, VIETNAM: We recommend factoring these public holiday dates into your supply chain planning and ensure that you book your cargo from these regions in good time.
China’s steel consumption is expected to rise 7.7% to 725 million metric tons this year due to an improving economy and better than anticipated performance by major steel consumers, according to an industry report seen by the NGL Scrap Metal team.
The UK’s biggest and busiest container port is marking its half century, with Norman Global Logistics working alongside for two-thirds of its existence.
As its seventh year in Asia closes Norman Global Logistics has continued to grow in three critical areas; business, headcount and scale.