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- Release on2023-12-15
- Vessels Value forecasts that car carrier earnings are likely to hit new highs in 2024, and Maersk’s exit from Hoegh Autoliners (Enoy Line) will create opportunities for consolidation in the industry.... Read More>>
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- Release on2023-12-15
- Ocean Network Express (ONE) decides to introduce new services and update rotation at another port to strengthen its Asian network... Read More>>
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- Release on2023-12-14
- On December 11, according to the website of the General Administration of Customs, in November 2017, the customs of China and Australia officially signed the "General Administration of Customs of the People's Republic of China and the Australian Immigration and Border Protection Agency and the Border Enforcement Agency on the Credit Management of Chinese Customs Enterprises" System and the Australian Trustworthy Trader Scheme Mutual Recognition Arrangement" (hereinafter referred to as the "Mutual Recognition Arrangement"), decided to be officially implemented from December 14, 2023.... Read More>>
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- Release on2023-12-14
- The Suez Canal and the Panama Canal are the two most important shipping arteries in the world, carrying more than half of global trade volume.... Read More>>
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Shipping companies reduce cabin capacity, and freight rates on European and continental routes rise!Release on2023-12-14
- According to the latest Drewry World Comprehensive Container Freight Index (WCI), which rose by 6%, freight rates from Shanghai to Europe and the Mediterranean both increased significantly by 15%.... Read More>>
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- Release on2023-12-14
- According to the latest report released by Linerlytica recently, Asia-Europe freight rates are likely to continue to rise throughout December as shippers rush out cargo before Christmas.... Read More>>
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- Release on2023-12-08
- How congested are South African ports? Previously, we saw the situation at Durban Port. 70,000 boxes are stranded! A South African port may be congested until next year!... Read More>>
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- Release on2023-12-08
- During this year’s Black Friday and Cyber Monday events in the United States, Amazon, Walmart and Target once again demonstrated their strong market positions.... Read More>>
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- Release on2023-12-08
- Hapag-Lloyd recently announced that starting from January 1, 2024, a war risk surcharge (WRS) will be levied on cargo shipped to and from Israel. WRS will apply to all containers and cargo types.... Read More>>
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- Release on2023-12-08
- Recently, Yang Ming Shipping admitted that the impact of the drought in the Panama Canal was more serious than expected, and the US East Route has begun to bypass the Cape of Good Hope or the Suez Canal, and will not sail unless it is sure to obtain the right to access the lock.... Read More>>
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- Release on2023-12-07
- If tensions in the Red Sea escalate, more container ships could be blocked. According to the latest report from Linerlytica on December 5, the intensification of attacks on ships in the Red Sea may cause 30% of the container fleet to become troubled and need to be rerouted.... Read More>>
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- Release on2023-12-07
- Yves REVOL and OLYMP, the controlling shareholders of CLASQUIN SA, a well-known French freight forwarder, announced that they have entered into exclusive negotiations with SAS Shipping Agencies Services Sàrl ("SAS"), a subsidiary of Mediterranean Shipping Company (MSC), with a view to selling their holdings. Some account for 42% of all shares in Clasquin SA.... Read More>>
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- Shockwaves: Philippines Halts 80+ Chinese Containers in Massive Two-Week Customs Crackdown
- US Shipping Shake-Up: LA Port Imports Surge 21% as East Coast Slumps
- Freight Winter? Logistics Giants Slash Jobs in Mass Layoffs
- Good News! China and US Reach Positive Consensus on Tariff Arrangements
- Rate Hike Wave Hits: May Ocean Freight Rates Surge Up to $7,200
- MSC First to Break 1,000-Ship Barrier as Global Container Fleet Expands, Industry Concentration Hits New High
- Shipping Lines to Cancel More Voyages as Rolled Cargo Mounts and Freight Costs Surge
- 82% Rejection Rate! US Customs Crackdown Intensifies as Tens of Thousands of Containers Face "Lockdown"
- MSC announces major upgrade of routes: all Asia-Europe voyages, new ports in Southern Europe added
- Customs Enforcement Surges: 9H Holds Trigger Mass Bond Revocations as US Shifts Focus from Goods to People
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