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- Release on2024-01-30
- After the Lunar New Year, there will be a traditional low season for shipping, and it is normal for freight rates to fall. However, due to the lack of ship supply caused by the Red Sea crisis, the decline in freight rates was smaller than in previous years. Nonetheless, ships are still tight, and major shipping lines are still retaining capacity during the off-season to cope with the lack of ships in the market. The global shipping's strategy of reducing sailings continued, with statistics showing that 99 out of 650 scheduled sailings were canceled in the five-week period from Feb. 26 to March 3, a cancellation rate of 15 percent.... Read More>>
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- Release on2024-01-29
- European shipping rates soared nearly two times after the correction, the latest SCFI Containerized Freight Index shows that Europe, the Mediterranean route tariffs fell 5.58%, 4.03%, affected by the Red Sea crisis pushed up the tariffs since the first decline in the price rise, SCFI terminated the eight consecutive up, 27 days out of the latest issue of the SCFI tariffs index turned down 60.52 points to 2179.09, the weekly decline of 2.7%. Weekly decline of 2.7%.... Read More>>
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- Release on2024-01-29
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- Release on2024-01-26
- Now, as the latest round of negotiations between DP World Group and the Maritime Union of Australia (MUA) breaks down, strike action at Australian ports has escalated again.... Read More>>
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- Release on2024-01-25
- It is understood that the Port of Los Angeles will complete container throughput of 8.634497 TEUs in 2023, a year-on-year drop of 13%.... Read More>>
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- Release on2024-01-25
- From mid-December to the present, the situation in the Red Sea continues to be tense, and many shipping companies have begun to bypass the Cape of Good Hope. As a result, global shipping is caught in the worry of rising freight rate volatility and unstable supply chain.... Read More>>
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- Release on2024-01-24
- The first ship of more than 2,500 tons of Chilean cherries arrived directly at Tianjin Port by sea. Subsequently, these cherries will be sent to Shohenggao Beidian Market as quickly as possible.... Read More>>
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- Release on2024-01-24
- The global political and economic impact of the Red Sea crisis continues to grow. Recently, a number of shipping companies have warned that Houthi attacks on merchant ships, the involvement of Hezbollah in Lebanon, and exchanges of fire between Iranian militias and United States forces in Iraq have the potential to evolve into a regional conflict.... Read More>>
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- Release on2024-01-23
- Recently, affected by the continuous tension and escalation of the Red Sea situation, many international shipping companies have chosen to avoid the traditional Red Sea route and turn to bypass Africa, which has put many African ports under increasing pressure.... Read More>>
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- Release on2024-01-23
- Since the outbreak of a new round of Palestinian-Israeli conflict, Yemen’s Houthi armed forces have repeatedly attacked and seized commercial ships in the Red Sea waters.... Read More>>
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- Release on2024-01-22
- Due to the continued escalation of tensions in the Red Sea, many international shipping companies have chosen to avoid traditional Red Sea routes and instead bypass Africa. This has put many African ports under increasing pressure.... Read More>>
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- Release on2024-01-22
- The situation in the Red Sea continues to deteriorate, and tensions continue to escalate. 18, 19, the United States military and the Houthis continue to attack each other. Houthi spokesman said on the 19th local time, the organization to a U.S. ship driving in the Gulf of Aden "Kem Ranger" launched a number of missiles and hit the ship. The U.S. military said the missiles fell into the waters near the ship and did not cause casualties or damage to the ship. Belgian Defense Minister Rudivine de Donder said on January 19, the Belgian Ministry of Defense will participate in the European Union in the Red Sea escort mission.... Read More>>
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- The latest developments in the bridge collision accident in the East Coast of the United States: Port channels are closed, and many shipping companies issue emergency notices
- 32.1%! Auckland port box volume surges
- Up 6.6%! The four major routes continue to decline, but only its volume and price rise
- Sudden! A "Chinese merchant ship" was attacked in the Red Sea!
- Attention! All ports in Finland remain closed
- The shipping crisis continues as a cargo ship is hijacked by 20 pirates! The Return of Somali Pirates?
- Maersk announces: Recovery!
- Eight dead! South Korean ship capsizes in Japan with one Chinese on board
- Notice! The two routes of THE alliance return and the ports of call are adjusted!
- 40 routes! 4.82 million TEU! Ocean Alliance 2024 new route product announcement On March 15, Ocean Alliance announced its 2024 DAY8 offering, which includes 37 routes and three extra-Alliance Atlantic routes. Earlier, Ocean Alliance announced the e
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