Westpac International Logistics Co., Ltd.

According to statistics released by China Ports and Harbors Association, container volume at eight major Chinese ports increased 5.3% year-on-year in mid-August.

Spot rates on most major container trades have fallen significantly on-year, but a few routes bucked the overall trend.

There is no longer fundamental support for the very high container spot rates seen in the market over the last 18 months as vessel utilisation numbers start to normalise.

The 7th "Belt and Road" Integrated Services Capacity Building Forum and RCEP Financial and Legal Services Development Forum were held in Beijing on September 2, as the special forum of the 2022 Service Trade Meeting. On the BBS, and relevant institutions and experts agree that signed release "and" central trains through the "Beijing initiative, adhering to the pratt &whitney inclusion, cooperation and win-win concept, advocating longtop international freight agreement protocol standard, promote china-eu trains pass mark, improving the capacity of digital services, the economic development of countries along the service area.