As we start the Chinese New Year of the “rooster “it is hoped that the new Chinese name will bring a fresh start and fortune to BIMCO members all over the world. BIMCO is committed to taking an active role on behalf its members and providing guidance and leadership where needed. That and the extension of the Chinese New Year has been reflected in sea freight rates. Peter Sand, chief market analyst at BIMCO, said: "The dry bulk market has traditionally been up after the Chinese New Year, but this year this is not the case. The new corona virus inhibits the upside conditions of the market." Year of the Wooden snake ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide. As the world's oldest Chinatown, Binondo in Manila is one of the neighborhoods with festivities on Chinese New Year. On January 29, it will come alive with a parade, the popular lion and dragon dance, cultural performances, and food bazaars. Binondo is also home to countless gems, from cool street What is Lunar New Year? Lunar New Year, also known as Chinese New Year or Spring Festival, marks the start of a new zodiac cycle based on the Chinese lunar calendar. Each year, the date shifts within the Gregorian calendar. Lunar New Year is celebrated around the world, particularly in Asian countries like China, shown here (Beijing). The Chinese New Year of 2025 falls on January 29th (Wednesday), and will last to February 2nd. It is the Year of Snake. As an official public holiday, Chinese people can get eight days' off from work, from January 28th to February 4th. The Chinese New Year of 2026 falls on February 17th (Tuesday), and will last to February 21th. It is the Year Pre-Chinese New Year Preparations and Activities (Jan. 7–Feb. 12, 2025) Jan. 7, 2025: Laba Festival. Some Chinese start to celebrate and prepare for Chinese New Year as early as day 8 of the 12 th month of the lunar calendar. This is a festival called Laba ( 腊八 Làbā /laa-baa/ '12th lunar month' + '8'), in the traditional sense, which Chinese New Year or Lunar New Year or Spring Festival 2025 falls on Wednesday, January 29th, 2025. Snake is the new year animal. Learn more about Chinese Lunar New Year traditions, taboos, food, zodiac signs, and greetings. Other than the cultural and spiritual meaning the festival bestows to Chinese people, the 15-day long holiday (beginning with Chinese New Year’s Eve to the Chinese Lantern Festival) has a tremendous impact on the global supply chain, largely due to the uncertainty created by surging demand, decreasing manufacturing capacity, and the logistics Chinese New Year and its Impact on Global Supply Chain. Dr. Jay Guo | MIT Global SCALE Network's Ningbo China Institute for Supply Chain Innovation. January 28, 2025. Chinese Lunar New Year, also known as the Spring Festival, is the most important traditional festival originating in China, celebrated by more than 2 billion people worldwide. During Chinese New Year, people have a long list of things to do. From one week preceding the festival to the 15th day after, many Chinese New Year customs are widely observed for thousands of years. The family reunion dinner, eating dumplings, and setting off firework are the must-dos that you might know. What else interesting do the Chinese do? The Chinese New Year (Spring Festival) usually falls during 21 January and February 20, if your birthday is during this period in Gregorian date, you may belong to the zodiac sign of the last year. In the following table, the years’ starting and ending dates are clearly shown which help you determine your animal sign correctly. BIMCO has started to develop a new time charter party specifically designed for maritime carbon dioxide transportation. The target date for adoption of the charter party – CO 2 TIME – is late 2025/early 2026, in time for the first commercial projects expected to be launched in 2028-2030. In Chinese, "fish" (鱼 Yú /yoo/) sounds like 'surplus'. Fish is a traditional Chinese New Year dish on the Chinese New Year dinner menu. Chinese people always like to have a surplus at the end of the year, because they think if they have managed to save something at the end of the year, then they can make more in the next year. Good news! China's public holidays will be extended by two days in 2025! According to the new official holiday schedule, the Spring Festival holiday will be extended from the previous three days to four days, including the eve of the Chinese Lunar New Year on Jan 28, while the May Day holiday will be increased from one day to two days, with May 2 newly added. The Chinese Lunar New Year, starting Jan. 29, 2025, marks the Year of the Wood Snake. It’s celebrated for 15 days, ending on Feb. 12, or Lantern Festival. On this page, we've got the top ways to say "Happy Chinese New Year" in Chinese and Cantonese which you will use during the Chinese New Year period, which is from Chinese New Year's day (Jan. 29, 2025) up to the 15th day of the Chinese New Year (Feb 12, 2025). 7. Sending Chinese New Year Wishes. During Chinese New Year, Chinese people will greet each other with pleasant words like: 'Xin nian kuai le' which means 'Happy New Year' (simplified Chinese: 新年快乐). See more Chinese New Year Greetings and Wishes. 8. Watching the New Year TV Gala According to BIMCO’s analysis of the data from Clarkson Shipping Intelligence Network, ships delivered to new owners by Chinese shipyards in 2022 totaled 14.6 million Compensated Gross Tonne World Music Wednesday: Lunar New Year Concert. Have an immersive Lunar New Year experience with Chinese Fine Arts Society and Old Town School of Folk Music. Featuring a variety of Asian arts including an elegant traditional Chinese Dance, exquisite Thai dance, an exciting modern style of Chinese yo-yo, and a wild adventure with Asian Music
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