Colombia earthquake death toll rises to 256
Rescuers are still finding survivors after Colombia’s 7.4-magnitude earthquake, as casualty figures rise to 256....
China has launched its first direct break-bulk shipping service to Peru’s Chancay port, marking a new stage in connectivity between Asia and South America under the Belt and Road Initiative.
The inaugural shipment set sail from Suzhou, an eastern Chinese manufacturing hub, and is expected to arrive in Chancay in the coming weeks.
Chancay port, located about 80 kilometers north of Lima, is one of the most significant Chinese-backed infrastructure projects in Latin America. Developed by Chinese state-owned shipping giant COSCO in partnership with local firms, the deep-water port is designed to handle large volumes of container and bulk cargo, with the goal of turning Peru into a regional logistics hub.
Unlike containerized cargo, break-bulk shipping involves goods loaded individually, such as machinery, steel, or oversized equipment that cannot fit into standard containers. The new direct service from Suzhou is expected to reduce transit times and costs for exporters, while opening new opportunities for South American markets to receive Chinese industrial goods more efficiently.
The launch comes as trade between China and Latin America continues to expand. China is now Peru’s largest trading partner, importing copper, fishmeal, and agricultural products, while exporting electronics, machinery, and manufactured goods. With Chancay port set to become operational later this year, Peruvian officials have described it as a “game-changer” for regional commerce, providing a direct gateway for Asian goods into South America’s Pacific coast.
For China, the project highlights the growing reach of the Belt and Road Initiative beyond Asia and Africa, into Latin America. By establishing direct shipping routes and investing in port infrastructure, Beijing is seeking to secure supply chains and expand trade corridors that bypass traditional hubs such as the Panama Canal.
Once fully operational, Chancay port is expected to rival other major Pacific gateways in the Americas, offering deep-water berths for the largest cargo vessels and integrated logistics parks for warehousing and distribution.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran seeks compensation and sanctions relief before reopening the Strait of Hormuz.
A criminal court in Damascus has sentenced former Syrian President Bashar al-Assad to death in absentia for premeditated murder, torture, arbitrary detention and crimes against humanity, according to Syria’s state news agency SANA.
Millions of people across Spain and Iceland are preparing on Wednesday to witness a rare total solar eclipse, when the moon will pass directly between Earth and the Sun, briefly turning daylight into darkness along a narrow path.
Central Asia’s economy has surpassed $543 billion, driven by Kazakhstan’s economic weight, strong exports and foreign investment, while growing trade across Asia points to an increasingly connected region.
The United Nations refugee agency is planning a settlement and carpet-weaving workshop for Afghan returnees in Kabul as the country grapples with large-scale returns and growing pressure on housing, jobs and basic services.
Iran will soon join the New Development Bank (NDB), the lender established by BRICS nations, Central Bank Governor Abdolnaser Hemmati said in a state media report on Wednesday ahead of a BRICS finance meeting in India.
Azerbaijan's President Ilham Aliyev has outlined an expanded vision for the Zangezur Corridor, describing it not simply as a transport route connecting mainland Azerbaijan with the Nakhchivan exclave, but as a future platform for energy, telecommunications and wider regional integration.
Iran and Russia are seeking closer cooperation on arms control and Iran’s nuclear programme as the two countries deepen strategic ties amid heightened tensions with the U.S. and Israel.
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