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- Release on2023-04-24
- Since the second half of last year, sea freight has entered a downward range. Does the current rebound in freight rates mean that the recovery of the shipping industry can be expected?... Read More>>
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- Release on2023-04-23
- The container shipping market, which has been falling all the way since last year, seems to have shown a significant improvement in March this year. In the past three weeks, container freight rates have risen continuously, and the Shanghai Export Containerized Freight Index (SCFI) has returned to the thousand-point mark after 10 weeks, and it has set the largest weekly increase in two years.... Read More>>
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- Release on2023-04-23
- U.S. President Joe Biden announced last April: "No vessel sailing under the Russian flag, or owned or operated by a Russian interest, will be permitted to call at U.S. ports or enter U.S. shores."... Read More>>
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- Release on2023-04-20
- Recently, COSCO Shipping Port announced a $375 million acquisition of a 25% stake in the new container terminal in Sohina, Egypt, with the project expected to run for up to 30 years. The container capacity of the terminal after completion will reach 1.7 million TEUs.... Read More>>
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- Release on2023-04-20
- On April 8th, with a roar of steam, the China-Europe Railway Express (Yuxinou) full of new energy vehicles roared out from Chongqing Tuanjie Village Station. The trains will leave these new energy vehicles via the Alashankou Port and arrive in Germany Duisburg.... Read More>>
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- Release on2023-04-20
- The Ports of Halifax, Montreal and Quebec have all been hit by cyberattacks of varying degrees this week. At present, the internal operation of these three ports is normal, and there is no data leakage, but the external network has been paralyzed, and the Port Authority is investigating the incident.... Read More>>
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- Release on2023-04-18
- Recently, the United States has once again increased its sanctions against Russia, and many individuals and entities have been sanctioned, including three shipping companies and 19 ships... Read More>>
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This route is very popular, and the freight rate has quadrupled! Many shipping companies flocked in!Release on2023-04-18
- With the current political situation in the world unstable, the United States has sanctioned Russia. Many shipping companies around the world have suspended operations, and the shipping route from China to Russia has been greatly affected. A number of container shipping companies led by Maersk have withdrawn from the Russian shipping market one after another. There was a market "vacuum" on the Asia-Russia route for a while, and the market was looking for ways to transport cargo from China to St. Petersburg. According to sources, the current container freight rate on this route has at least quadrupled on the basis of the freight rate of the mainstream China-Northern Europe route.... Read More>>
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- Release on2023-04-17
- On the morning of April 6, 2023, Maersk held the opening ceremony of Maersk Air Cargo Service Hangzhou at the Yingbin Building of Hangzhou Xiaoshan International Airport. Relevant leaders from the Zhejiang Provincial Government, Hangzhou Municipal Government, Zhejiang Provincial Airport Group, Customs, and Border Inspection were invited to attend the ceremony, and had in-depth exchanges with the management team of Maersk Greater China.... Read More>>
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- Release on2023-04-17
- Ningbo Port (601018) released its 2022 annual report on the evening of April 11. In the whole year of 2022, Ningbo Port achieved operating income of 25.704 billion yuan, an increase of 11.14% year-on-year; net profit attributable to shareholders of listed companies was 4.22 billion yuan, a slight decrease year-on-year; non-net profit was 3.763 billion yuan, which was basically the same year-on-year. The announcement shows that Ningbo Port intends to distribute 60% of the distributable profits in 2022 to all shareholders according to the shareholding ratio, and a cash dividend of 0.87 yuan is proposed for every 10 shares.... Read More>>
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- Release on2023-04-15
- According to foreign media reports, mainstream liner companies, including COSCO SHIPPING, CMA CGM, Hapag Lloyd, Evergreen Shipping, Japan Ocean Network Shipping (ONE) and Maersk, are Discuss or negotiate with the shipyard to build more than 40 container ships with a total value of more than 5.5 billion US dollars, and the shipyard has also reserved docking periods for high-profit ships and key customers.... Read More>>
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- Release on2023-04-15
- China State Shipbuilding Corporation won another 21 billion yuan order for 16 large container ships from the "old friend" CMA CGM, breaking the record for the largest amount of container ships signed by China's shipbuilding industry in one fell swoop.... Read More>>
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- Two-Week Surge Sends Freight Rates Up 143%, Global Shipping on Alert
- Controls 40% of Global Tankers! Mysterious South Korean Billionaire ‘Strikes it Rich’ Amid Middle East Conflict
- Maersk Reopens Multiple Middle East Ports for Bookings
- The waves are rising again! European shipping has started to surge! -Lithium batteries shipped from China to Manila
- $166 billion! U.S. Customs will launch the largest tax refund in history
- Sudden! Urgent notice from the shipping company: The voyage is terminated! Additional charge of US$800/box!
- Freight Rates Surge! Four Major Trade Lanes Rally Simultaneously as Middle East Tensions Ignite Shipping Market — Used car parts shipping from China to PH
- Multiple shipping lines announce: Port change and emergency route adjustments! All costs and risks to be borne by the customer!-Reverse logistics from Manila to China
- Risk Mitigation, Vessel Suspension, Booking Halt, Route Diversion, Additional Charges! Top-tier Carriers Release Latest Emergency Advisories
- Double Crisis! Hormuz Blocked, Red Sea Attacks Resume! Multiple Carriers Emergency Reroute, Insurance Premiums Soar
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