{"id":27917,"date":"2024-07-12T09:15:00","date_gmt":"2024-07-12T09:15:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4460225_AE60225_0"},"modified":"2024-07-12T09:15:00","modified_gmt":"2024-07-12T09:15:00","slug":"xinhua-silk-road-experts-gather-in-chinas-tianjin-to-explore-new-paths-opportunities-for-intl-shipping-industry","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=27917","title":{"rendered":"Xinhua Silk Road: Experts gather in China&#8217;s Tianjin to explore new paths, opportunities for int&#8217;l shipping industry"},"content":{"rendered":"<p><span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">July 12, 2024<\/span> \/PRNewswire\/ &#8212; When the&nbsp;Tianjin International Shipping Industry Expo 2024 opened on <span class=\"xn-chron\">July 10<\/span>, a crowd of experts and business representatives from over 400 shipping-related enterprises, ports and industry associations worldwide gathered in <span class=\"xn-location\">Tianjin<\/span> to explore the new paths and opportunities for global shipping industry.<\/p>\n<p><span class=\"xn-person\">Steve Gordon<\/span>, global head of Clarkson Research Services Ltd., a world-renowned shipping research institution, said that 85 percent of global trade is seaborne and &#8220;in many areas of the maritime economy, <span class=\"xn-location\">China<\/span> is incredibly important and has taken on market leading positions globally&#8221;.<\/p>\n<p><span class=\"xn-location\">China<\/span> has become the world&#8217;s largest trader of goods. According to the General Administration of Customs, in the first five months of this year, <span class=\"xn-location\">China&#8217;s<\/span> foreign trade in goods stood at <span class=\"xn-money\">17.5 trillion yuan<\/span> (about <span class=\"xn-money\">2.4 trillion U.S. dollars<\/span>), up by 6.3 percent year on year, said Wang&nbsp;Shouwen, vice minister of commerce.<\/p>\n<p>Despite the unprecedented challenges that global shipping industry has encountered in recent years, global supply chain showcased its incredible resilience even when the COVID-19 pandemic tested its fabric and caused widespread disruptions, according to experts present at the expo.<\/p>\n<p>&#8220;The Red Sea threats and disruptions in the Panama Canal have added complexity to our operations, yet these events have also driven us to develop more robust and flexible solutions,&#8221; said <span class=\"xn-person\">Joseph Edward Kramek<\/span>, president and CEO designate of the World Shipping Council.<\/p>\n<p>Highlighting the paramount fight against climate change, Kramek warned that global shipping industry must lead the charge towards zero-emission fuels.<\/p>\n<p>&#8220;This challenge also presents a significant opportunity for innovation in green technology, opening new markets and creating sustainable growth,&#8221; added Kramek.<\/p>\n<p>To break away from the development model that simply pursues port throughput, transformation into a model where the port drives high-quality development of port-based economy is needed, said <span class=\"xn-person\">Zhen Hong<\/span>, director of the Shanghai International Shipping Institute Academic Committee.<\/p>\n<p>The four-day event, an international cooperation and exchange platform focusing on helping the shipping industry navigate towards the future, will last until <span class=\"xn-chron\">July 13<\/span>.<\/p>\n<p>Original link: <a href=\"https:\/\/en.imsilkroad.com\/p\/341081.html\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/en.imsilkroad.com\/p\/341081.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, July 12, 2024 \/PRNewswire\/ &#8212; When the&nbsp;Tianjin International Shipping Industry Expo 2024 opened on July 10, a crowd of experts and business representatives from over 400 shipping-related enterprises, ports and industry associations worldwide gathered in Tianjin to explore the new paths and opportunities for global shipping industry. Steve Gordon, global head of Clarkson Research [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-27917","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xinhua Silk Road: Experts gather in China&#039;s Tianjin to explore new paths, opportunities for int&#039;l shipping industry - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=27917\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xinhua Silk Road: Experts gather in China&#039;s Tianjin to explore new paths, opportunities for int&#039;l shipping industry - My Blog\" \/>\n<meta property=\"og:description\" content=\"BEIJING, July 12, 2024 \/PRNewswire\/ &#8212; When the&nbsp;Tianjin International Shipping Industry Expo 2024 opened on July 10, a crowd of experts and business representatives from over 400 shipping-related enterprises, ports and industry associations worldwide gathered in Tianjin to explore the new paths and opportunities for global shipping industry. 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