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Over 50 Shipping Industry Achievements Were Unveiled at This Year's North Bund Forum

10-22-2025 10:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Global Social
Over 50 Shipping Industry Achievements Were Unveiled at This

More than 50 shipping industry achievements were unveiled during this year's edition of the North Bund Forum, setting a new record high.

Image: https://www.globalnewslines.com/uploads/2025/10/78390049105e0363fa3e499e5f06f3d5.jpg

Thirty shipping industry achievements and several international port and shipping cooperation projects aimed at further promoting the construction of green shipping corridors were unveiled on October 19 at the opening ceremony of the 2025 North Bund Forum, which was held in Shanghai from October 19 to 21.

Domestic Achievements

Pudong International Airport has achieved multimodal transport, including air-to-air, air-to-land, air-to-sea, and air-to-railway, said Tang Yingzhao, executive vice president of Shanghai Airport Group Logistics Development.

Since last year, China Eastern Airlines has opened 23 medium- and long-haul international routes to 21 countries along the Belt and Road Initiative, adding 800 passenger planes' cargo holds of capacity to the overall shipping capacity between these countries and China, said Gao Fei, general manager of Shanghai-based carrier.

China's shipping industry has achieved remarkable results in its green transformation, said Wan Min, chairman of China Cosco Shipping Group. The country has promoted full-channel transportation, adding road-to-sea and rail-sea intermodal transport to reduce the carbon intensity of freight transportation, he noted.

Moreover, China has accelerated the development of green ships, with Cosco Shipping's orders for clean fuel vessels accounting for more than one-third of the total, Wan pointed out.

The country has also built a green energy system, with many ports achieving mainstream refueling of liquefied natural gas and methanol, he noted, adding that the Port of Dalian in Liaoning province has completed the world's first green ammonia ship refueling.

International Achievements

The Port of Shanghai formed green roll-on-roll-off shipping corridors with the Port of Barcelona in Spain and the Port of Antwerp-Bruges in Belgium.

The Port of Qingdao in China, the ports of Hamburg and Wilhelmshaven in Germany, and several shipping companies jointly established a green shipping corridor to facilitate cooperation between the two nations on port and shipping.

The Shanghai Municipal Transportation Commission and the Port of Melbourne, along with shipping, port, and energy companies, jointly issued an initiative to build a green shipping corridor between the Shanghai and Melbourne ports to explore implementation measures for reducing the impact of shipping activities on the environment.

China's Cosco Shipping Lines, Denmark's Maersk, and France's CMA CGM deployed low-carbon vessels along the Los Angeles/Long Beach-Shanghai Green Shipping Corridor, achieving the first goal of this tiered corridor project.

Singapore has set up green and digital shipping corridors with Shandong province and Tianjin in China for deepening cooperation in areas such as green fuel and digital technologies, said Murali Pillai, senior minister of state for transport of Singapore.

As a key hub along the middle route of the China-Europe freight train corridor, Turkiye is helping achieve the goal of completing 1,000 cargo train runs along the middle route, said Enver Iskurt, deputy minister of Turkey's Ministry of Transport and Infrastructure. Turkiye will focus on the development of digital and green infrastructure, he added.

About 200 zero-emission fuel vessels are in operation globally, said Joseph Edward Kramek, president of the World Shipping Council. The number is expected to exceed 1,000 by 2030, when the total industry investment will be over USD150 billion, he predicted.

About Yicai Global

Launched in August 2016, Yicai Global is the English-language news service of Yicai Media Group, the financial news arm of Shanghai Media Group, which is one of China's largest state-owned media conglomerates. Focused primarily on China's business world, Yicai Global is dedicated to provide reliable and insightful information and analysis of the economy, finance, tech, startups, and entrepreneurs.
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