China-Europe railway linked to Chengdu timber distribution centre
The China-Europe Express (CR Express) train connects 48 Chinese cities with over 40 cities in 14 European countries and is becoming a fast-track cargo option for Chinese importers.
Over the past 7 years the service has clocked 1,000 trips taking Chinese manufactured goods to Europe while bringing back European food, machinery as well as timber raw materials.
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Demurrage can be avoided
Data source: AGI Ghana
Demurrage costs run into millionsContainer demurrage
has become an issue in Ghana as large payments are
involved. Keeping a container beyond the contracted period
attracts charges. A 2016 study found 85% of containers
shipped to Ghana attract demurrage.