Ningbo Zhoushan Port demonstrates resilience amid trade challenges

Ningbo Zhoushan Port in east China's Zhejiang Province is demonstrating resilience in the face of U.S. tariffs by launching new trade routes and adapting swiftly to evolving market demands.

Ningbo, a hub for international trade, has further strengthened its position by embracing innovative solutions such as direct maritime routes and enhanced connectivity to Europe.

Building on this resilience, Ningbo Zhoushan Port unveiled the "China-Europe Express" in December 2024, a direct maritime route to Europe offering seamless "point-to-point" service. This innovation not only slashes shipment times but also reinforces the port's adaptability to global trade challenges.

"Previously, cargo shipped from Hefei City in east China to Europe went through the China-Europe Railway Express or traditional sea routes, which took about 40 days. Now, it only takes 27 days on the Anhui-Ningbo-Europe express route," said Gu Xuhui, marketing director for Zhejiang Seaport Logistics.

The express route connects the "China-Europe Express" with a freight railway from east China’s Anhui Province to facilitate more exporters.

Europe has become one of the major destinations for the port.

"Between January and April, we handled 1.31 million twenty-foot equivalent units (TUEs), up six to seven percentage points year on year," said He Binli, vice manager of Operations with Ningbo Daxie Container Terminal.

While the port is fully prepared for potential foreign trade fluctuations, exporters in the city are also shifting their focus to other markets.

Xu Ziyang, a seasoned medical equipment exporter, began preparing as early as 2017, driven by concerns over U.S. President Donald Trump’s policies towards China.

"[U.S. tariffs] have had little impact on us. In fact, we started adjusting back in 2017 to 2019, during his previous term. We aligned with China’s national strategy to expand into Belt and Road countries, as well as South American and African markets," said Xu, general manager of Ningbo Greeted Medical Instruments.

Xu’s sales jumped by 12 percent in 2024, and he expects continued growth this year.

Ningbo Zhoushan Port demonstrates resilience amid trade challenges

U.S. President Donald Trump said Tuesday he will extend the two-week ceasefire with Iran that was set to expire on Wednesday night (midnight GMT Tuesday).

"Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal," Trump wrote on Truth Social.

The U.S. president said he will "extend the ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other."

The U.S. military will continue the blockade against Iran and "remain ready and able," according to Trump.

Iranian Foreign Minister Seyed Abbas Araghchi said in a post on X Tuesday that the U.S. blockade of Iranian ports is "an act of war and thus a violation of the ceasefire" and attacking Iranian merchant ships and detaining their crew members were even more serious violations.

"Iran knows how to neutralize restrictions, how to defend its interests, and how to resist bullying," Araghchi wrote in his post.

Mehdi Mohammadi, an advisor to Iran's parliament speaker Mohammad Bagher Ghalibaf, also said the U.S. blockade must be met with a military response, dismissing Trump's ceasefire extension announcement as "meaningless".

"Extending the ceasefire by Trump has no meaning. The losing side cannot dictate terms. Continuing the blockade is no different from bombing and must be met with a military response. Moreover, any extension of the ceasefire by Trump is certainly a way to buy time for a surprise attack. Now is the time for Iran to take the initiative," Mohammadi posted on X.

Trump extends ceasefire; Iran vows military response to naval blockade