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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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- Release on2024-04-19
- Recently, the Port of Portland, a port on the West Coast of the United States, announced that it will close its container handling operations on October 1 this year.... Read More>>
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- Release on2024-04-19
- On April 17, MSC Mediterranean Shipping’s official website released an updated announcement regarding the seizure of the “MSC Aries” ship. The announcement stated that many people were worried and shocked by the serious incident that occurred on the morning of Saturday, April 13, 2024, involving the seizure of the "MSC Aries" in the Strait of Hormuz.... Read More>>
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- Release on2024-04-18
- According to CCTV news, the Washington Post recently reported that the US Federal Bureau of Investigation has launched a criminal investigation into the collapse of the bridge in Baltimore, Maryland, which was hit by a cargo ship.shipping agent from China... Read More>>
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- New September Trade Rules: US Imposes Up‑to‑100% Tariffs & Global Compliance Updates
- Philippines Customs Proposes Balikbayan‑Box Container Fee Hike from PHP80,000 to PHP120,000
- Missiles hit oil tankers: three attacks in Strait of Hormuz, Saudi vessel intercepted
- Panama Canal navigation restrictions have not yet been fully implemented, but container freight rates have responded in advance
- ONE adjusts the route from China to the Red Sea: withdrawing from RCS and switching to RC2 to provide space
- MSC Announces: Resume
- Hormuz traffic hits a record low, Panama Canal to limit navigation from September
- Multiple shipping companies have raised surcharges, with increases of up to 56%.
- The Philippines builds a cruise home port to rival the Hong Kong Marine Terminal
- Congestion! Maersk issues another port-hopping notice, wary of continuous dumping of goods
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