Silk Road on Rails: The China-Europe Block Trains

The biggest story coming out of China today is the launching of the Silk Road on Rails: China-Europe block trains that carry goods across the globe. The proposal to establish China-Europe railroads surprised even the most experienced of rail industry players, yet thousands of trains now traverse these tracks annually.
Not least surprised was the Director of Operations at the Hamburg Eurogate terminal, Thorsten Reese, who remarked, “Three years ago, I couldn’t imagine Germany and China being connected with rail cars; it is unbelievable!”
The China-Europe rail route is the longest in the world covering some 10,000 kilometres in total.
The first block train left Zhengzhou for Hamburg on July 18th, 2013, connecting people along the Silk Road and shortening the distance between continents. The 12-day, six-country journey posed challenges: would European companies welcome the new trade route? Would the cargo be secure? Would the project even be practical.
The trans-Eurasia rail trip began as a once-a-month event but China soon realised it required partners to make it successful. With partners on board, Hamburg became the forerunner. The German port city now serves as both a departure and destination point for the China-Europe block trains.
Thanks to a highly motivated Chinese workforce, Mr. Reese sees the cargo arrive safely and on time. The China Train employees are an enthusiastic group and make sure the trains are loaded and off-loaded on schedule.
The Hamburg Chamber of Commerce came on board after realizing the potential in the Silk Road Rail project. The Chamber’s MD, Corinna Nienstedt, did not mince her word when she said: “It is a new opportunity to transport between Hamburg on one hand, and Europe on the other hand, from China”.
This project has lowered the cost of transportation significantly and commerce is thriving. There is no doubt about the initiative’s acceptance.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Asset Management: Financial Literacy is a Major Strategy for Young Nigerians

Financial literacy content aimed at young Nigerians has grown...

RMB, BOI at Signing of Landmark N274.18bn Inaugural Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

PenCom Engages Lagos State over Increase in Pension for Lagos State Retirees

The National Pension Commission (PenCom) acknowledges the concerns expressed...

The Nigeria Prize for Literature: Eze, Ifowodo, Oburumu in the Race for $100,000

The field has narrowed and the race for the...

Ecobank Unveils N20m InnovateX 2026 Opportunity for Young Nigerians

Ecobank Nigeria has called on young Nigerians, particularly students,...

Topics

NEXIM: Sealink Project Set for 1st Qtr 2023 to Counter Foreign Domination

Abubakar Bello Managing Director/CEO Nigerian Export-Import Bank (NEXIM) Mr. Tayo Omidiji, the...

Stanbic IBTC Stockbroking Zero Account Opening Campaign Drives Market Participation

Stanbic IBTC Stockbrokers Limited, a subsidiary of Stanbic IBTC...

Almond Productions’ 2015 Insurance Consumers Forum for Oct 28

Almond Productions Limited, producers of Almond Finance and Wealth Report on Television and Wetin Insurance Dey Do Sef on Naija FM has concluded plans to host the 2015 Insurance Consumer's Forum ( ICF) on October 28, 2015. The Insurance Consumer's Forum which started in 2013 is a platform for interaction between Insurers and the Insured's for better service delivery.

NGX Welcomes Haldane McCall to the Exchange

It is my great pleasure to welcome the Board...

Banks Must Lend to Real Sector to Spur Growth

Godwin Emefiele Governor Central Bank of Nigeria  The Nigerian economy cannot enjoy...

Telecom Sector: Post-pandemic Economy Unlocks Growth Potential, Fresh Opportunities

Over the past decade to 2020, digitalisation was in...

Union Bank Partners JAN to Impact over 300 Girls 

As part of Junior Achievement Nigeria’s vision of inspiring...

Insurance, Pension Marketing & Distribution Summit Africa 2016

The Insurance and Pension Marketing & Distribution Summit Africa,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img