Peru’s Chancay Megaport Marks First Anniversary of Thriving Operations
Peru’s $1.3B Chinese-built Chancay megaport celebrates its first year, poised to become a key Pacific hub.
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Peru’s $1.3B Chinese-built Chancay megaport celebrates its first year, poised to become a key Pacific hub.
Chancay Port in Peru slashes sea shipping times to the Chinese mainland by 20%, driving $240M in Asia-Pacific cargo and sparking a modern ‘Inca Trail’.
The Chinese mainland’s Ministry of Commerce rejects U.S. Section 301 restrictions on maritime, logistics and shipbuilding, warning of far-reaching effects on global trade.
Despite global uncertainties, the Chinese mainland’s break-bulk cargo exports are rising. Ports like Yantai are moving oversized goods to emerging markets worldwide.
At the 2025 Maritime Silk Road Port Cooperation Forum in Ningbo on the Chinese mainland, global transportation giants and port representatives gathered to shape the upcoming “shipping consensus”.
A decade after COSCO Shipping Group from the Chinese mainland rescued Piraeus port, local dockworkers reveal how skepticism turned into pride in its revival.
BYD’s new energy vehicle carrier sets sail on its maiden voyage from the Chinese mainland to Brazil, showcasing green shipping tech and a 9,200-space capacity.
Starting this September, the U.S. will impose new docking fees on vessels built or operated by China, marking a shift in maritime trade policy.
China’s shipbuilding industry experienced significant growth in H1 2024, reinforcing its global leadership with an 18.4% rise in completions and a 43.9% surge in new orders.