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- Release on2023-05-09
- According to the data released by Alphaliner, as of May 8, the total number of container ships in operation worldwide reached 6,597, an increase of 73 ships compared with two months ago; the total global shipping capacity was 26,895,441 TEU, an increase of 342,979 TEU; the total tonnage of operating ships was 321,751,754 deadweight tons.... Read More>>
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- Release on2023-05-06
- According to the "Weekly Report on China's Export Container Transportation Market" released by the Shanghai Shipping Exchange on April 29, the overall market of China's export container transportation market was basically stable this week, and there was no obvious shipment before the "May 1st" holiday. During the peak period, the freight rates of most routes showed a downward trend, dragging down the composite index.... Read More>>
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- Release on2023-05-06
- Previously, CMA CGM imposed an overweight surcharge (OWS), and later there was an HMM surcharge (GRI).... Read More>>
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- Release on2023-05-04
- The transportation industry has always been regarded as an important barometer of the US economy. However, several transportation companies, including airlines and highways, have recently released significantly lower than expected financial reports, indicating a risk of cooling consumer demand.... Read More>>
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- Release on2023-04-28
- The ocean bill of lading is the most important document in international maritime cargo transportation and an important document in international trade. It is known as the cornerstone of international trade and international shipping.... Read More>>
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- Release on2023-04-25
- Evergreen and Yang Ming recently issued another notice: starting from May 1, GRI will be added to the Far East-North America route, and the freight rate is expected to increase by 60%.... Read More>>
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- Release on2023-04-24
- On the morning of April 19, local time, about 100,000 federal government employees across Canada went on strike. The 155,000-member union of Canadian public servants failed to reach a pay deal with the federal government by Tuesday's deadline, sparking one of the largest strikes in Canadian history. The Canadian government has issued an announcement recently that managers will issue written notices to employees in some essential service positions, telling them their roles and responsibilities in the event of a strike.... Read More>>
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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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- It’s fried! The country strictly checks Chinese containers! Over 80 items were seized in half a month!
- Attention! Two Major Shipping Lines Announce Service Suspensions!!
- MSC Announces: Service Suspension! COSCO Announces: PSS Increased by Another USD 2,000
- Freight Rates Skyrocket Over 60%! Direct Sailings Turn Transshipment, Rolled Cargo Without Warning
- Freight Rates Soar as Peak Season Arrives Early; Shippers Blast Shipping Lines
- Freight Rates Surge as Four Major Trade Lanes Soar
- 81 Containers Seized in Half a Month as Philippine Customs Tightens Enforcement; Southeast Asia Clearance Becomes Stricter
- U.S. Shipping Rates Surge Over 60%! Port Congestion in the Middle East and South Asia Triggers Cargo Rollovers and Container Space Crunch Again
- Cabins Running Out, Frequent Cancellations, and Rising Freight Rates! Global Shipping Peak Hits Early, Another Price Surge Expected in June
- Europe & U.S. Trade Lanes Fully Booked! Freight Rates Changing Daily! Multiple Shipping Lines Suddenly Announce Further Rate Hikes in June
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