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Industry news

• Freight rates continue to fall , are they expected to return to normal levels?

  Time: 2022-05-06 | Publisher: Kevin

  

  According to the latest data of Shanghai shipping exchange, the freight rate index of export containers in Shanghai continued to fall by 32.67 points to 4195.98 points compared with last week, showing a decline for 14 consecutive weeks. At present, the freight rate index has fallen back to the level before August last year.Year to d...
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• The global supply chain is chaotic and port congestion is exacerbated

  Time: 2022-05-05 | Publisher: Kevin

  

  The global supply chain is still in a severe situation. Congestion is increasing in many ports.Recently, a report released by the Royal Bank of Canada said that due to the closure caused by the new wave of epidemic, the conflict between Russia and Ukraine and other factors, the port delay was longer and the cost was further pushed...
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• The port of Klang issued new regulations, and containers must be cleared within three days

  Time: 2022-04-29 | Publisher: Kevin

  

  As we all know, Port Klang is the largest container port in Malaysia. Last year, it was the 12th busiest container port in the world, handling a record 13.67 million TEU goods.It is reported that from May 1, the Ministry of transport of Malaysia has set a three-day deadline for all imported container goods to leave the storage...
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• Cargo accumulation occurred in many ports in German ; With Eid al Fitr approaching, Chittagong is facing congestion

  Time: 2022-04-28 | Publisher: Kevin

  

  Affected by the epidemic and the conflict between Russia and Ukraine, a large number of goods have piled up in many ports in Germany recently. Data show that nearly 20 ships waited for several days at Bremen and Hamburg before berthing.Buchacade terminal of Hamburg Port is one of the four major container loading and unloading te...
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• Freight forwarder network: let your business go to a higher level

  Time: 2022-04-28 | Publisher: Kevin

  

  With the continuous development of the global economy, the logistics industry has attracted more and more attention. Therefore, many freight forwarders have joined this market for further development. But, independent freight forwarders know that it is not easy to survive in this highly competitive industry. So, the emergence of ...
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• The spot freight rate fell, and the shipping company cancelled several voyages to deal with it

  Time: 2022-04-27 | Publisher: Kevin

  

  Recently, affected by the uncertainty of the epidemic and war, the demand for goods exported from China has decreased significantly. This is also a great challenge to the spot freight rate of containers.In this regard, MSC and Maersk, as partners of 2M, have cancelled the Griffin / ae55 voyage in the first week of May and will ...
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• The freight rates of European and North American routes fell, while the freight rates of Southeast Asian routes rose.

  Time: 2022-03-29 | Publisher: Kevin

  

  At present, the supply chain tension caused by port congestion still affects the normal operation of the shipping market. However, recently, the sea freight has fallen steadily, and the market demand has also decreased.This is mainly due to the rebound of the epidemic in most Asian factories. This makes the export demand slow down, a...
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• The Suez canal raises the ship toll again, will the shipper's burden increase again?

  Time: 2022-03-28 | Publisher: Kevin

  

  Recently, the Suez Canal Authority issued a heavy message, announcing that the passage fee of ships will be comprehensively increased from May 1. Especially for container ships passing through the north, the surcharge increased by nearly 20%.For other types of ships such as container ships, it is not a small cost. This may have an...
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