B[Ministry of Transport: 55.325 million trucks were transported on national highways last week, a month-on-month decrease of 8.43%] On September 28, the Ministry of Transport released the national logistics operation status from September 21 to September 27. From September 21st to September 27th, the national railway transported 83.026 million tons of cargo, a month-on-month decrease of 0.39%; the national highway trucks passed 55.325 million trucks, a month-on-month decrease of 8.43%; the monitored ports completed a cargo throughput of 278.781 million tons, a month-on-month decrease of 1.36%, and completed a container throughput of 7.333 million TEUs. There were 126,000 civil aviation flights (including 5,396 cargo flights, including 3,447 international cargo flights and 1,949 domestic cargo flights), a month-on-month increase of 0.74%. B[International Green Shipping Corridor Alliance established] On September 23, the Ministry of Transport reported that during the Global Sustainable Transportation Summit Forum (2026), the International Green Shipping Corridor Alliance was officially established. The International Green Shipping Corridor Alliance was jointly initiated by China International Sustainable Transport Innovation and Knowledge Center, COSCO Shipping Lines, French CMA CGM, China Energy Construction Group, Shanghai Port Group, etc. It is the world's first non-governmental international organization based on international green shipping corridor cooperation. Currently, the founding members of the alliance include 45 leading companies from 12 countries. Its business scope covers the upstream and downstream of the green shipping industry chain, with obvious characteristics of diversification and internationalization. In the future, the alliance will coordinate and promote cooperation in the construction of international green shipping corridors, promote the integration of domestic rules such as green ships, green fuels, and green ports with international standards, accelerate the construction of an international certification system for green marine fuels, coordinate the implementation of transportation facilitation measures, create demonstration projects with international influence, and carry out technology research and development, achievement transformation and capacity building, and become a new platform to promote the innovation and transformation of the international shipping industry. B[Ministry of Transport: National railways transported 83.348 million tons of cargo last week Month-on-month increase of 0.84%] On September 21, the Ministry of Transport released the national logistics guarantee and smooth operation from September 14 to September 20. From September 14 to September 20, the national railway transportation cargo 83 348,000 tons, a month-on-month increase of 0.84%; 60.421 million trucks passed on national highways, a month-on-month increase of 3.34%; the monitored ports completed cargo throughput of 282.616 million tons, a month-on-month increase 4.61%, completing container throughput of 7.279 million TEUs, a month-on-month increase of 1.8%; civil aviation guaranteed flights 123,000 flights (including 5,391 cargo flights, including 3,539 international cargo flights, There were 1,852 domestic cargo flights), a month-on-month increase of 0.63%; postal express collection volume was approximately 4.131 billion items, a month-on-month increase of 1.62%; delivery volume was approximately 4.053 billion items, a month-on-month decrease of 0.37%. B[Hong Kong: Promote the quality and expansion of Disneyland and build Ocean Park into a conservation research and education base] September 16th, the "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)" was announced today (September 16), which proposed to deepen the coordinated development of culture, sports and tourism and enrich the supply of high-quality tourism products. Deepen the theme tourism experience, promote distinctive Chinese and foreign festivals, and highlight Hong Kong’s advantages in the integration of Chinese and foreign cultures. Open up more city walking routes, promote horse racing tourism, promote Hong Kong cuisine, make the annual flagship event bigger and stronger, and strengthen connections and cooperation with internationally renowned wine-making regions. Continue to build Hong Kong into the "Events Capital of Asia" and promote international event tourism that combines sports and culture. Consolidate Hong Kong as Asia's international cruise hub, attract cruise ships to deploy to Hong Kong and use Hong Kong as a home port, actively develop passenger source markets and continue to cooperate with ports in the Guangdong-Hong Kong-Macao Greater Bay Area. Make full use of Hong Kong’s beautiful coastline and rich island resources to develop island hopping tours and other water sports projects. Continue to enhance the attractiveness of famous tourist attractions (including Hong Kong Disneyland and Ocean Park, etc.). B[Shanghai: Promote the comprehensive use of new energy vehicles in the public sector and increase the proportion of medium- and heavy-duty new energy trucks to 30%] On September 10, the Shanghai Municipal People's Government issued the "15th Five-Year Plan for the Construction of Beautiful Shanghai", which proposes to build a green and low-carbon transportation system. Vigorously promote river (river)-sea combined transport and container sea-rail combined transport. Deepen the construction of green ports, green waterways, green airports, and green highways. Accelerate the construction of an international shipping green fuel filling and trading center, and gradually extend the application advantages of international shipping green fuel to inland waterway shipping and other fields. Promote the comprehensive use of new energy vehicles in the public sector and increase the proportion of medium and heavy-duty new energy trucks to 30%. Coastal ports should achieve full coverage of shore power facilities, and non-road mobile machinery at ports and airports should be basically electrified. New or updated internal vehicles and non-road mobile machinery in key industries, parks, and construction sites should be fully powered. Improve the layout of infrastructure such as smart charging piles and hydrogenation stations, and promote the construction of charging and swapping facilities for heavy trucks in port areas such as Yangshan and Waigaoqiao and major freight channels. A[Goldman Sachs warns that oil prices may rise to $120 per barrel due to the situation in the Middle East and recommends going long on natural gas and refined oil] On September 7, Goldman Sachs Group stated that if attacks on ships in the Middle East further escalate, oil prices may rise to $120 per barrel; the bank also recommended that investors go long on natural gas and diesel to capture potential gains.
"The events of the past few days really demonstrate that the risk of shipping disruptions becoming more widespread and worsening cannot be ignored," Daan Struyven, co-head of global commodities research at Goldman Sachs, said in a television interview. Crude oil prices have risen to their highest levels since July as the United States and Iran enter a standoff over the Strait of Hormuz. Recently, Washington has cracked down on Iranian oil tankers, while Tehran has announced it will establish a new restricted zone outside the Strait of Hormuz. The U.S. Navy also continues to block Iranian ports and escorts ships from other oil-producing countries out of relevant waters.
Struyven said that in addition to Goldman's bullish scenario of $120 a barrel, the bank's lower target for oil prices is $80 a barrel if the region's exports return to normal. Brent crude oil was last trading at around $97 a barrel.
"While we believe crude oil prices still have significant upside potential, we recommend investors hedge against geopolitical risks by going long global natural gas and refined products," Struyven said of betting on higher prices. "These markets have suffered greater supply shocks than the crude oil market." A[Redrawing the trade map after the strait is trapped, hundreds of billions of funds from Middle Eastern countries are diverted to oil pipelines and ports] August 31 (Xinhua), the Strait of Hormuz has been effectively blocked for most of the past six months. As Middle Eastern energy exporters try to boost their currently severely slowing economies, investment commitments of hundreds of billions of dollars have emerged. Abu Dhabi's sovereign wealth fund L'IMAD said last week it plans to acquire the remaining shares in AD Ports Group, the world's leading port operator, as it adjusts its corporate strategy. AD Ports Group, which operates numerous ports in the UAE and around the world, said it was experiencing "probably its most significant challenge in 20 years" as its container throughput in the UAE, as well as bulk and general cargo throughput, fell by about two-thirds in the second quarter compared with the same period a year earlier. As one of the world's largest port operators, Dubai's DP World also experienced a decline in business in the first half of the year. Based on the fact that the UAE is building a new oil pipeline in the Port of Fujairah, which will double the crude oil transportation capacity to the port when it is put into operation next year, DP World plans to develop two container terminals in the Port of Fujairah.
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