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China offers coastal 'piggyback' system to supply needed empties

Release time: 2022-05-25   Browsing:362次
CHINA has implemented a Chinese inter-port "piggyback" system to get empty containers where they are needed most, reports Hellenic Shipping News Worldwide.
The administrative committee of Shanghai's Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone said at a news conference that China will introduce a container freight forward rate contract trading platform reports www.china.org.cn
"The new service (for shipping of foreign trade containers between ports within China) is expected to help cut the logistics costs for both exporters and importers, improve the utilisation rates of containerships, and relieve the tightness of shipping capacity to a certain extent," said Zhou Zhicheng, a researcher at the Beijing-based China Federation of Logistics and Purchasing.
Maersk spokesman Jens Eskelund this represents a tangible step for foreign carriers in China toward achieving market access on reciprocal terms.