Peak season or recession? Forwarders and shippers need to 'stay flexible'
Transpacific contract negotiations appear to be held in a holding pattern, with few to no ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
According to this report from the China Daily, recent weeks have seen increased numbers of US law officials boarding Chinese containerships investigating crew members’ links to the Chinese Communist Party. As of the beginning of November, some 21 China-flagged vessels, including some owned by container line Cosco and ship-to-shore gantry crane manufacturer ZPMC (which operates a fleet of heavylift vessels to take its cranes around the world) had been boarded as soon as they berthed. At least 16 Chinese aircraft crews had faced similar treatment.
“The US personnel scrutinised and photographed the ships and checked their documents. At the height of the raids, 16 ships were boarded one by one over 25 days in October. The US side’s extensive questioning of Chinese personnel sometimes lasted for several hours, repeatedly fixating on their CPC membership and even asking about reasons for joining the party,” sources said.
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