NANJING PORT(SZ:002040) Yang Zi Wan Bao Wang·2025-10-18 01:13Core Viewpoint - The successful operation of the new Arctic shipping route marks a significant breakthrough for Nanjing in establishing itself as a regional shipping and logistics center, enhancing its international shipping channels and logistics competitiveness [1][7]. Group 1: Shipping Route Details - The "Hongwei" vessel completed its maiden voyage on August 15, carrying Chinese manufactured goods such as auto parts and home appliances directly to Europe via the Arctic Northeast Passage [3]. - This new Arctic route shortens the journey by 3,500 nautical miles, reducing transportation time from 36 days to 26 days, thus saving 10 days and significantly lowering transportation costs [3]. Group 2: Support and Coordination - The successful operation of this route was supported by various agencies, including the Nanjing Transportation Bureau and the Nanjing Maritime Safety Administration, which coordinated efforts to ensure safe navigation and docking [5]. Group 3: Strategic Importance - The opening of the Arctic route is a strategic move in response to climate change and trade development, providing more options for long-distance shipping and facilitating quicker access for high-value products from Nanjing and surrounding areas to Europe [9]. - The return journey of the "Hongwei" vessel included cargo such as timber and fertilizers, achieving a two-way flow of goods [9]. Group 4: Infrastructure Development - Since the 14th Five-Year Plan, Nanjing has made significant progress in building its regional shipping and logistics center, with the establishment of three major intermodal hubs and improvements in deep-water channel efficiency [11]. - Nanjing Port has developed a network of 17 direct shipping routes to various regions, including Northeast Asia, Southeast Asia, South America, and the Arctic, while enhancing domestic trade routes [11].