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Ceasefire? Another freighter under attack! Face sinking! The crew is missing! The crisis is difficult to solve, the freight rate is difficult to reduce... Release on2024-06-14: The United Nations Security Council on Wednesday adopted a resolution calling for an "immediate, comprehensive and complete" ceasefire in the Gaza Strip to bring an early end to the eight-month-old Israeli-Palestinian conflict....

Yangshan Port, ranked first in the world! Release on2024-06-14: The latest Global Container Port Performance Index (CPPI) report, compiled by the World Bank and S&P Global Market Intelligence, shows that East and Southeast Asian ports performed well in 2023, with 13 of the top 20 ports coming from these regions....

Maersk container ship attacked, explosion near a merchant ship in the Red Sea! Release on2024-06-14: British maritime security firm Embry said a merchant ship reported an explosion near it in the Red Sea, about 19 nautical miles west of the Yemeni port city of Ha....

MSC official announcement of new route! Strengthen the layout of Europe and South America! Calls to several domestic ports Release on2024-06-14: ...

Price rises meet strikes! The US eastern ports are also facing strike threats! As demand picks up and inflationary pressures continue to mount, labor protests are intensifying at ports in the United States and around the world. The International Lon Release on2024-06-14: As demand picks up and inflationary pressures continue to mount, labor protests are intensifying at ports in the United States and around the world....

With a backlog of over 450,000 TEUs, major ports around the world are facing serious congestion! Release on2024-05-30: According to the latest report from Bank of America, the worsening port congestion has led to a reduction of more than 2% in the supply of container ships since March this year. Singapore, Dubai and the Mediterranean are the key congested areas, while the supply of containers in Asia is still very tight....

Direct express line! ONE new route to West America officially launched! Release on2024-05-24: Recently, the AP1 route of Ocean Network Shipping (ONE) officially set sail, and ONE and China Merchants Port (South China) Operation Center jointly held the first voyage ceremony of AP1 route at Shenzhen Shekou Port....

A major explosion occurred on a container ship! Freight forwarder pays huge compensation of US$290 million Release on2024-05-24: Recently, after more than a decade of legal disputes, the fire case involving MSC Flaminia was finally settled with a compensation of US$290 million. Global chemicals logistics giant Stolt-Nielsen Group notified a U.S. court this week that the two parties had reached a resolution to the long-running case and agreed to pay up to $290 million in compensation, admitting that they had some responsibility in the accident....

Keep rising! Since June, many shipping companies have announced price increases. Release on2024-05-23: Starting from June 1, a new Peak Season Surcharge (PSS) will be implemented from the Far East to Southern Africa and the Indian Ocean Islands. The 20-foot container is US$1,000, the 40-foot and 45-foot containers are US$2,000, and the 40-foot dry-freeze container is US$1,000. Dollar....

It's going up again! Cma CGM imposes new peak season surcharges in China Release on2024-05-22: Recently, CMA CGM announced on its website that it will impose a new peak season surcharge (PSS) on cargo from China to Africa....

Containers are in emergency! Many freight forwarders: The shortage of boxes has intensified, seriously affecting supply! Almost all shipping companies are facing a shortage of empty containers Release on2024-05-22: Freight forwarders report that containers in northern China are becoming increasingly difficult to obtain. This trend is mainly attributed to unusually strong demand in the market and reduced ship capacity due to the Red Sea crisis, which in turn caused a shortage of ships and containers....

Freight prices continue to rise! Prices in South America, West Africa, and South Africa surged by more than 20%, and prices in the East and West of the United States rose by another 10%. Release on2024-05-21: Global shipping continues to perform strongly, with rising freight rates across all routes, pushing the latest Shanghai Containerized Freight Index (SCFI) to rise by 214.97 points to 2520.76 points, an increase of up to 9.32%; it has risen for six consecutive weeks and set a record high since mid-September 2022. (the highest level in the past 20 months)....

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