Core Points - The "2025 North Bund International Shipping Forum" will be held from October 19 to 21 in Shanghai, focusing on "Collaborative Promotion of Global Shipping Sustainable Development" [1][3] - The forum will feature a main opening ceremony, international green shipping forum, international maritime and aviation forums, and four sub-forums on maritime safety, digital intelligence, legal arbitration, and finance and insurance, along with over ten special events [1][3] Group 1: Forum Highlights - The forum is expected to attract 4,000 participants from around 50 countries and regions, showcasing a high level of international representation [3] - Key highlights include the participation of senior government officials, leaders from major global shipping and aviation organizations, and renowned scholars, with two-thirds of the main forum speakers coming from abroad [3] - The forum will emphasize industry hot topics, particularly focusing on emission reduction policies, and will introduce a roundtable discussion format for deeper interaction [3] Group 2: Industry Developments - Shanghai's international shipping center has progressed from "basically completed" to "fully completed" during the 14th Five-Year Plan, maintaining a top-three global ranking [3] - In aviation, Shanghai Pudong International Airport is set to operate 291 passenger and cargo routes to 48 countries by 2024, with cargo throughput ranking second globally [4] - The cruise sector is seeing growth, with the first domestically produced large cruise ship set to launch commercial operations in January 2024, and a significant increase in international cruise passenger throughput [4] Group 3: Green and Smart Shipping - Shanghai Port is enhancing its LNG and methanol refueling capabilities, becoming one of the few ports globally to offer both types of refueling [4] - The establishment of the Shanghai International Shipping Carbon Footprint Labeling Association marks a significant step in developing a certification system for sustainable fuels in international shipping [4] - The Yangshan Deep Water Port's fully automated terminal and the launch of a digital trade platform indicate advancements in smart shipping initiatives [5]

Core Viewpoint - The Chinese shipping industry has demonstrated strong resilience and vitality over the past year, achieving new results in high-quality development amidst complex environments [3]. Shipping Economic Performance - The maritime connectivity of China has maintained the world's highest ranking for 19 consecutive years, with the international shipping volume expected to account for 31.3% of global shipping volume in 2024. The port cargo throughput and container throughput have ranked first globally for several years [4]. - In the first eight months of this year, the national waterway freight volume reached 6.56 billion tons, a year-on-year increase of 3.8%. The total cargo throughput at ports was 12.03 billion tons, up 4.4%, and container throughput was approximately 23 million TEUs, increasing by 6.3% [4]. Shipping Infrastructure Development - Major waterway infrastructure projects are advancing, with the construction progress of the Xiaoyangshan North Container Terminal exceeding 50% and the Pinglu Canal over 80% [5]. - In the first eight months, national waterway construction investment reached 143.27 billion yuan, a year-on-year increase of 3.6%, providing strong support for domestic demand expansion and stable growth [5]. Smart Port Construction - China has built 60 automated terminals, leading global smart port construction. The national electronic navigation chart has surpassed 10,000 kilometers in published mileage [7]. - The use of shore power for vessels has become normalized, with annual usage expected to exceed 200 million kilowatt-hours [7]. Regulatory and Policy Framework - The revision of the "International Shipping Regulations" provides a solid legal guarantee for national maritime safety and development. A comprehensive policy system for high-quality inland waterway shipping development has been established [8]. International Cooperation - China has signed maritime agreements with Kuwait and has reached 70 countries and regions for bilateral and multilateral maritime agreements. The Shanghai International Shipping Center ranks among the top three globally [9]. Shanghai International Shipping Center Development - The Shanghai International Shipping Center has transitioned from "basically completed" to "fully completed" during the 14th Five-Year Plan, maintaining a top-three global ranking [10]. Port and Airport Development - Shanghai Port's container throughput is expected to reach 51.506 million TEUs in 2024, maintaining its position as the world's largest port for 15 consecutive years [12]. - In the first nine months, Shanghai's airport handled 1 billion passengers and 3.2869 million tons of cargo, with respective year-on-year growth of 8.04% and 6.72% [12]. Cruise Port Development - The first domestically produced large cruise ship, "Aida·Magic City," will commence commercial operations in January 2024. In the first nine months, Shanghai's cruise port received 225 international cruise calls, with passenger throughput increasing by nearly 45% [13]. Shipping Service Enhancement - Shanghai has established a multi-level, full-chain temporary arbitration system for maritime disputes, filling a domestic gap. The first foreign-related maritime temporary arbitration case was adjudicated in Shanghai in August 2024 [14]. Green and Smart Shipping Transition - Shanghai Port's LNG refueling capacity is increasing, and it has become one of the few ports globally capable of both LNG and methanol refueling. The Shanghai International Shipping Carbon Footprint Labeling Association has been established [15]. - The Yangshan Deepwater Port's fully automated terminal is now operational, and a digital trade platform has been launched [15][16]. 2025 North Bund International Shipping Forum - The forum, co-hosted by the Ministry of Transport and the Shanghai Municipal Government, will take place from October 19 to 21, 2025, focusing on global shipping sustainable development [17][19]. - The forum will include various sub-forums and activities, with an expected attendance of 4,000 participants from over 50 countries and regions [19].

Core Insights - The implementation of the visa-free policy for foreign tourist groups arriving by cruise ships in China has created unprecedented development opportunities for various ports [1] Group 1: Impact on Shanghai - Over the past year, the visa-free policy has attracted a significant influx of foreign tourists to Shanghai, with the Shanghai border inspection station recording over 580 cruise ship entries and exits, totaling more than 2.26 million passengers [3] - During the May Day holiday in 2025, Shanghai's cruise port experienced its first "four ships at once" event, with nearly 30,000 passengers entering and exiting in a single day, marking a three-year high [3] Group 2: Performance of Tianjin - Tianjin International Cruise Home Port has seen nearly 200 cruise ship entries and exits in the past year, representing a 67% year-on-year increase, with over 350,000 passengers, a 93% increase compared to the previous year [5] Group 3: Shandong's Growth - Shandong's cruise entry data has shown remarkable growth, with Qingdao expected to receive over 40 cruise voyages in 2025, doubling the number from 2024 [9] Group 4: Xiamen's Development - Xiamen's advantages are gradually becoming apparent, with a record of over 7,000 passengers processed in a single day on April 23, 2025, during the simultaneous arrival of two cruise ships [11] Group 5: Shenzhen's Surge - Shenzhen has also experienced significant growth, with 46 cruise ship entries and exits recorded by May 15, resulting in 121,000 passengers, a staggering 287% increase year-on-year [13]