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On December 8, 2023, the "Dialogue Ship Merchants" 2023 Ship Trading Symposium, jointly hosted by the China Shipowners Association, Shanghai International Shipping Institute, and Shanghai JIUHE Marine Tech Group, and supported by the Shanghai Shipowners Association, Shanghai International Shipping Center Development Promotion Association, and Eshiptrading.com,successfully concluded at the DoubleTree by Hilton Hotel Shanghai. Zhao Qingfeng, deputy secretary-general of China Shipowners Association, Tong Chengquan, secretary-general of Shanghai Shipowners Association, Yang Lixin, deputy secretary-general of Shanghai International Shipping Center Development Promotion Association, Ren Fangde, secretariate and Zhang Jie, secretary-genera of Shanghai Association of the National Shipbuilding Industry, Yu Jianzhen,Chairman of Shanghai JIUHE Marine Tech Group and others attended the meeting.

As one of the series of activities of "Pudong Shipping Week", this special meeting adopts the form of keynote speech + round table discussion + special consultation to carry out in-depth exchanges around the theme of "new opportunities, new challenges, and win-win cooperation". At the same time, the meeting also invited relevant leaders, experts in the field, representatives of entrepreneurs in the shipping industry, and managers of upstream and downstream enterprises to jointly discuss the development trends of ship types, new shipbuilding, second-hand ship transaction prices and shipbuilding companies under the new international trade situation.It aims to build a communication platform for shipowners and ship trade to promote common development.

Zhao Qingfeng, deputy secretary-general of the China Shipowners Association, delivered a speech at the conference, thanking everyone for gathering here to discuss cooperation plans for the development of the shipbuilding industry and for the sustainable development of the shipbuilding industry. This special meeting coincides with the  exhibition of The Marintec China and is also one of the first "Pudong Shipping Week" series of activities. Focusing on the theme of "new opportunities, new challenges, and win-win cooperation", it aims to build a communication platform for shipowners and friends. A platform to discuss the opportunities and challenges in ship trading and jointly seek the direction of future development.

Since its establishment 30 years ago, the China Shipowners Association has always been dedicated to serving the industry and its responsibility to play the role of an industry association platform. We feel that this conference is particularly important in promoting the healthy development of shipping companies and providing development ideas. The fleet size held by Chinese shipowners has reached 249.2 million gross tons. China’s fleet size has surpassed Greece for the first time and has become the “world’s largest shipowner country”. This means that our country’s shipping industry has a leading position in the world’s shipping industry. Considerable scale of hard power, and future development will focus on the improvement of soft power such as comprehensive shipping competitiveness and comprehensive shipping service levels. China must not only become a "Shipping Power Country", but also a " Strong Shipping Country".Compared with new shipbuilding, ship trading and second-hand ship buying and selling are more flexible and challenging ways to increase transportation capacity, and ship trading is one of the important ways for the rise of China's shipping industry. Ship trading covers multiple aspects including ship bidding, standard text of ship trading contracts, ship brokerage, ship import and export agency, ship evaluation, ship inspection, financial services, supply chain services, and legal and insurance services. The recently adopted Beijing Convention has also filled the gap in international rules in the field of judicial sale of ships, and will play a positive role in facilitating ship transactions, promoting shipping development, and prospering global trade.

Shanghai Marine Tech Group, as a modern service enterprise for ship trading that has been working in the shipbuilding industry for 30 years, has been based on the international ship trade business for many years. Its business cooperation scope has spread all over the world and has become a well-known brand and leading company in the ship trading industry. In promoting shipping enterprises It has played an extremely important role in fleet renewal, asset optimization, and rational allocation of resources, and has been widely praised as an important partner of shipowners. After years of development, the business has covered four major business sectors: ship trading, energy trading, ocean transportation and ship e-commerce. In this new era, JIUHE has set sail for the sea.

Today's world is facing major changes unseen in a century. The economic and political situation is becoming increasingly complex, the world's economic recovery is lacking momentum, and the international situation facing shipping development is becoming more complex and severe. As the "spokesperson of Chinese shipowners", the China Shipowners Association will continue to play an active role as an industry organization and promote the healthy and sustainable development of China's shipping industry.

Zhang Yongfeng, Secretary of the Shanghai International Shipping Research Center, delivered a keynote speech entitled "Research on the Current International Dry Bulk Cargo Market Cycle and Investment Suggestions". He analyzed the overall situation of the current international dry bulk cargo market from a macro perspective. At the same time, he believed that the feasibility of small ships Only with good sustainability can market performance be good. In addition, it also elaborates on the international shipping market cycle and predicts future market trends. It is recommended that ship owners have the determination and confidence to survive the 60% "hard days".

Immediately afterwards, Liu Siyuan, deputy general manager of Shanghai JIUHE Ship Import and Export Company gave a keynote speech on "Opportunities and Challenges of International Ship Transactions in 2024", citing cases of transacted ships and analyzing the price trend of bulk carriers, container ships and oil tankers in the past five years. He believes that the reason for the surge in ship prices and rents this year is mainly driven by the following three factors: the "black swan" incident, the reduction of shipping capacity on the route, and the increase in oil tanker shipping distance caused by the Russia-Ukraine war, and the increase in dynamic capacity demand. Finally, he proposed that "cash is king" will be the main rhythm of the future.

During the round-table discussion, Wang Ting, deputy general manager of Jiade (Zhejiang Free Trade Zone) Logistics company, Liu Siyuan, deputy general manager of Shanghai JIUHE Ship Import and Export Company, Lu Aizhi, partner of HFW Law Firm, and Cai Kai, business development manager of VesselsValue, they conducted in-depth discussions on topics such as ship investment under the influence of market fluctuations, and each expressed their insights. And the content was full of exciting content. The host is Shao Fei, senior analyst at Shanghai International Shipping Institute.

Six focus groups held discussions, in-depth exchanges, and collisions of ideas on industry hot topics such as ship supply and demand, ship import and export, ship bidding and auctions, ship sales contracts and regulations, ship financial leasing, and ship insurance.

This grand event for the shipping industry has now come to a successful conclusion. Shanghai JIUHE Marine Tech Group will continue to provide better services to the majority of ship-related companies and benefit more friends in the industry. Let’s meet again next time!