A Chinese container ship has completed its first non-stop voyage to Germany marking the launch of a "China-Europe express" shipping route.
Unlike traditional shipping routes, this new route will provide “point-to-point" transportation service without intermediate stops and reduce delivery time from 45 days to 26 days.
The "KAWA Ningbo" cargo ship, carrying over 1700 containers of new-energy and other high-value goods, will operate between Zhoushan Port in East China's Zhejiang Province and the Jade Weser Port in Wilhelmshaven, Germany's only deep-water port.
The new service will operate on a monthly schedule and provide export operations for industries in the Yangtze River Delta region, with focus on the "new three items" - electric vehicles, lithium-ion batteries, and photovoltaic products, - said in press-release of the Ningbo Zhoushan Port Group Co.
"The global interconnectivity is growing, and supply chain reliability is becoming more critical than ever. It's not just about competition, it's about creating real added value, especially where speed is essential," said Frank Doods, State Secretary in the Lower Saxony Ministry of Economics, Transport, Construction, and Digitization, at the ceremony celebrating the route's launch.
In terms of the cost, direct shipping can be generally more expensive than sea freight involving multiple port stops, but it remains more affordable and offers greater capacity compared with air freight and China-Europe freight trains, experts said.
Relying on the "China-Europe Express" and overseas warehouses, goods directly shipped from Ningbo Zhoushan Port can be transhipped through Wilhelmshaven Port as a distribution hub, to northern Europe and the Baltic Sea region by sea, or to northwestern European countries such as Germany, France and Belgium, and major Central and Eastern European countries such as Hungary, Czech Republic and Poland, according to the press release.
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President Donald Trump announced Friday that top U.S. officials will hold renewed trade talks with Chinese counterparts in London next week.
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China's Foreign Minister Wang Yi recently held a significant phone call with his French counterpart, Jean-Noël Barrot, during which China conveyed strong positions on the Taiwan issue and NATO's role in the Asia-Pacific, alongside broader discussions on trade and bilateral relations
A high-level trade meeting between the United States and China is expected to occur within the next seven days, White House trade adviser Peter Navarro said Friday, following Thursday’s phone call between President Donald Trump and Chinese President Xi Jinping.
After nearly a decade of talks, Indonesia and the European Union aim to finalize a free trade deal by the end of June.
Iranian Ambassador to Moscow Kazem Jalali and Dmitry Bakanov, CEO of the Russian state space corporation Roscosmos, met on Friday to discuss expanding space cooperation, including the joint production of satellites.
Tensions are rising along the Thailand–Cambodia border as both nations reinforce their military presence following a deadly skirmish and failed de-escalation talks.
Global food commodity prices experienced a notable decline in May, driven by significant drops in the cost of grains, sugar, and vegetable oils, the United Nations' Food and Agriculture Organization (FAO) reported on Friday.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
Global food commodity prices experienced a notable decline in May, driven by significant drops in the cost of grains, sugar, and vegetable oils, the United Nations' Food and Agriculture Organization (FAO) reported on Friday.
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The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
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Tesla’s shares declined by about 14.2% on Thursday, reducing the company’s market value by roughly $152 billion, as Elon Musk and Donald Trump publicly exchanged criticisms on social media.
After nearly a decade of talks, Indonesia and the European Union aim to finalize a free trade deal by the end of June.
Iranian Ambassador to Moscow Kazem Jalali and Dmitry Bakanov, CEO of the Russian state space corporation Roscosmos, met on Friday to discuss expanding space cooperation, including the joint production of satellites.
Tensions are rising along the Thailand–Cambodia border as both nations reinforce their military presence following a deadly skirmish and failed de-escalation talks.
Global food commodity prices experienced a notable decline in May, driven by significant drops in the cost of grains, sugar, and vegetable oils, the United Nations' Food and Agriculture Organization (FAO) reported on Friday.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
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