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- Release on2024-02-05
- Ships that choose to continue sailing through the Red Sea will bear greater safety risks and will also have to bear "sky-high" insurance costs. On the other hand, changing routes also means delays in cargo and increased costs. Shipping companies have been faced with a dilemma.... Read More>>
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- Release on2024-02-04
- The latest statement from German shipping giant Hapag-Lloyd stated that the Houthi armed forces’ attacks on cargo ships in the Red Sea are unlikely to end soon, forcing shipping companies to continue to avoid the Red Sea route.... Read More>>
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- Release on2024-02-02
- According to the latest reports from Reuters and CCTV, on January 31, local time, Yemeni Houthi military spokesman Yahya al-Sari'a issued a statement saying that the Houthis had carried out an attack on an American merchant ship bound for an Israeli port, the large container ship KOI ("Cole", IMO9461489), and that the Houthis claimed to have fired missiles that had made a direct hit on the container ship (direct hit).... Read More>>
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- Release on2024-02-02
- Yahya Sarria, military spokesman for the Houthi armed forces in Yemen, issued a statement saying that the Houthi armed forces in Yemen launched several missiles at the USS Gravely destroyer sailing in the Red Sea.... Read More>>
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- Release on2024-02-01
- According to US media, US freight forwarder Flexport is planning to lay off 20% of its workforce in the coming weeks, affecting around 500 employees.2023 In October, Flexport had already fired a fifth of its workforce. The report noted, "This marks the third round of major layoffs at the logistics startup in just over a year." ... Read More>>
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- Release on2024-02-01
- The Gulf of Mexico is one of the largest bays in the world and an important international shipping hub, with many important ports along its coast. How will these ports perform in 2023?... Read More>>
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- Release on2024-01-31
- Since mid-December last year, the global maritime supply chain has been disrupted by Houthi attacks on ships in the Red Sea.... Read More>>
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- Release on2024-01-31
- Affected by the Red Sea crisis, various shipping companies are currently choosing to avoid the traditional Red Sea route and detour to the southern tip of Africa.... Read More>>
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- Release on2024-01-30
- Since November 2023, ships in the Red Sea and nearby waters have been attacked many times. For safety reasons, many shipping companies have decided to suspend the navigation of their container ships in the Red Sea （agent shipping china） and change their routes around the Cape of Good Hope.... Read More>>
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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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- The volume of foreign trade cargo at Philippine ports has grown steadily, and the customs and port authorities have strengthened digital transportation.
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- The Philippines PPA releases the latest port data: cargo volume has grown steadily, and the Port of Manila has implemented a number of coordinated governance measures
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- Manila Port Collaborative Governance: AISL and ICTSI join forces to rectify overdue heavy containers to relieve yard pressure
- The Philippine Ports Authority released data for the first half of 2026: foreign trade exports increased by 17.4%
- The cargo throughput of Philippine ports continues to rise, and foreign trade freight and terminal intelligence are working together
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