China
Oil is rising due to easing of quarantine measures in China
Oil prices rose as Chinese government officials plan to ease some of the Covid-19 lockdown measures.
Freight rates are reduced due to Chinese holidays and European imports
In recent weeks, the sea transportation market has shown a decrease in the level of freight rates. The trend was caused by holidays in Asia and a decrease in import demand in Europe.
Barbed wire along the Amur River fenced off China from russian federation
In China’s Heihe County, which borders russia, fences and barbed wire have been erected near a bridge along the Amur River.
New “container realities” of the Russian Federation: will China help?
Since the world’s largest container carriers refused to work with the aggressor country, russia needs to look for new ways for container traffic. The European embargo on a number of russian raw materials and the closure of many ports for russian vessels also forces russia to look for new partners for trade. China became the hope for russian federation in this matter. But the plans of russian federation were hindered by another outbreak of COVID-19 in the People’s Republic of China, which blocked Chinese ports for an indefinite period.
Contraband from China for UAH 7 million (USD 260.8 thousand) was smuggled through the Odesa port
An employee of the Odesa customs let through the goods from China in the port for UAH 7 million (USD 260.8 thousand) without paying a duty.
Ukraine can become a transit country for the EU and China
Due to the situation in Belarus, Ukraine can assume the role of a transit country for the freight between the European Union and China. This opinion was expressed by the Deputy Minister of Foreign Affairs of Ukraine Vasyl Bodnar.
Ukraine and China will cooperate in the infrastructure projects construction field
Last Wednesday, June 30th, Minister of Infrastructure of Ukraine Oleksandr Kubrakov and Minister of Commerce of the People’s Republic of China Wang Wentao has signed an intergovernmental agreement. This will allow the approval of potential cooperation projects that will be supported by PRC funds.
Container train from China arrived in Odesa for the first time
A ceremonial meeting of the train took place today, on June 22nd, at the DP World TIS terminal in the port of Pivdenny. The train itself arrived in Odesa at the Chernomorskaya station on June 19th and delivered 50 containers of groupage cargo.
COVID-19 in the ports of China again: what should Ukraine prepare for?
Today, more than 300 container vessels stand by at the approaches to ports around the world. The reason is in the supply chain disruptions caused by the coronavirus pandemic, in particular in southern China. USM has spoke with the Ukrainian representatives of ZIM, CMA CGM and Maersk to find out how this will affect our country.
The first cargo train from China left for Odesa
The first cargo train from China China-Europe Express will arrive in Ukraine.
