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- Release on2024-05-10
- On May 9, local time, Argentina’s largest labor union, the General Confederation of Labor, launched a nationwide strike to protest against the structural reforms implemented by the Milais government. Although the scale of this strike is not expected to be as large as the strike on January 24, during the strike, major economic activities throughout Argentina will be suspended for 24 hours, which will have a serious impact on all walks of life.... Read More>>
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- Release on2024-05-09
- Less than a week after the crew of the "MSC Aries" was released by Iran, two container ships operated by Mediterranean Shipping MSC, the "MSC Gina" and the "MSC Diego", were once again attacked by missiles from the Houthi armed forces.... Read More>>
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- Release on2024-05-09
- On April 27, local time, a small container ship arrived at the port of Baltimore through a temporary channel, which is the first cargo ship to arrive at the port since the Francis Scott Key Bridge collapsed more than a month ago.... Read More>>
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- Release on2024-05-08
- The holidays have just passed and shipping costs are going up again! Against the background of the recent intensification of tensions in the Red Sea and the increase in demand due to the recovery of the global economy, freight rates on major routes have increased significantly. Recently, major shipping companies have continued to increase FAK rates and impose peak season surcharges. Among them, CMA CGM raised FAK rates in the Mediterranean and North Africa again in mid-May, with the North African freight rate approaching US$7,800. Maersk levied peak season surcharges globally, and Hapag-Lloyd also began levying peak season surcharges at African destination ports in mid-May. .... Read More>>
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- Release on2024-05-07
- On May 4, local time, the Israel Defense Forces bombed the Gaza Strip, causing many casualties. The day before, the Israeli Air Force also attacked Hezbollah military facilities in the Mairkebah area in southern Lebanon.... Read More>>
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- Release on2024-04-28
- Car dealers and Chinese electric car manufacturers are already experiencing bottlenecks at many major European ports as they stockpile more cars than they can handle, the Financial Times reported. Some Chinese electric cars have been stuck in European ports for up to 18 months.... Read More>>
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- Release on2024-04-25
- The latest reports from CCTV News and Xinhua News Agency stated that: On April 22, local time, Mexican President Lopez signed a decree to levy 5% to 50% on 544 commodities including steel, aluminum, textiles, clothing, footwear, wood, plastics and their products. % temporary import tariff.... Read More>>
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- Release on2024-04-25
- Seven of the 11 crew members have been rescued and four are still missing after a boat collided with the G240 national Highway Jiujiang Bridge in Guangdong Province on the evening of April 22, CCTV News reported.... Read More>>
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- Release on2024-04-24
- According to the latest SCFI index released by the Shanghai Shipping Exchange, the current freight index rose 12.5 points to 1769.54 points, a weekly increase of 0.7%, achieving three consecutive increases. It is worth noting that this upward trend is mainly due to the strong increase in freight rates on routes from Asia to South America and West Africa.... Read More>>
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- Release on2024-04-24
- Since May 2023, the Panama Canal Authority (ACP) has decided to cut the daily transit volume.... Read More>>
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- Release on2024-04-22
- According to reports, in the first quarter of this year, the export performance of high value-added products such as automobiles and ships was outstanding, and the export value of ships increased by 113.1% year-on-year.... Read More>>
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- Release on2024-04-20
- With less than four months to go before the opening of the 2024 Paris Olympic Games, businesses in Yiwu, Zhejiang province, have received a large number of orders for Olympian related goods, and the Olympic atmosphere has arrived in advance.... Read More>>
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- 49 Containers Seized as Southeast Asian Customs Launch New Crackdown
- Asia-Europe & Transpacific Freight Rates Surge for 9th Straight Week
- Nearly 50 ships are stranded outside the port! European ports are in emergency! Antwerp pilotage suspended, Rotterdam protests escalate
- 5 Freight Forwarders Sued! Philippine Customs Cracks Down Again as 3,176 Packages Expose Shifting Market Dynamics
- Philippine Ports Face Severe Congestion, Customs Clearance Delays Stretch to Nearly a Month
- Breaking: Suez Canal Announces Sharp Hike in Transit Surcharges; Global Shipping Costs May Rise Again
- Hormuz Strait Reopening Hopes Rise? Carriers May Deploy Megamax Vessels, but Three Key Variables Still Cloud Persian Gulf Market
- Thousands of Containers Backlogged! Major Southeast Asian Ports Hit by Severe Congestion!
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