News Center-Sungreen Logistics

Panamanian ships face mass cancellations

Under pressure from the United States, Panamanian ships face mass cancellation

2025-04-01

After a long period of pressure from the United States and groups such as the United Nations Against Nuclear Iran (UANI), Panama's maritime authority is about to launch a massive clean-up of its registered ships, removing sanctioned tankers.

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Port congestion delays CMA and COSCO container ships

2025-03-31

Recently, the Southeast Asian monsoon is unusually strong, experienced nearly a week of heavy rain weather, the region's main container ports of Singapore and Port Klang congestion.

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Trump says he doesn't care if automakers raise prices because of tariffs

2025-03-31

US President Donald Trump said in an interview that he did not care if automakers raised prices due to tariffs.

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Evergreen Line has announced its refusal to work with individuals or entities on the sanctions blacklist

2025-03-31

Evergreen Line has announced that it will not do business with individuals or entities on the sanctions blacklist, nor with entities where the sanctioned person holds 50% or more of total ownership, and will not accept shippers own Containers (SOC).

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State Administration for Market Regulation:Review of port transactions in accordance with the law

2025-03-31

With less than a week to go before a final agreement is signed to sell Panama's ports, the State Administration for Market Regulation is legally reviewing the deal.

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U.S. freight rates rebounded, rising by 4.96%

2025-03-31

Long-term contract prices for US routes are set to rise this year, with a number of shipping lines signing long-term contracts with US retail giants on US-West routes, with prices up 15% to 20% over last year.

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Five departments: Do a good job of export optimization services for taxable goods

2025-03-31

The five departments jointly issued a notice on the standardized management of export optimization services for goods subject to domestic link tax.

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Operators have not welcomed USTR's investigation into China's shipping market

2025-03-28

A preliminary hearing in the Office of the United States Trade Representative's (USTR) investigation into China's shipping market manipulation has not been warmly received by industry operators and their customers.

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The decline in freight rates continues unabated

Freight rates continue to fall, and the shipping industry has been hit hard by tariffs

2025-03-28

The reality of declining confidence is reflected in freight rates, particularly spot freight rates, which are actually the pulse of the container shipping industry.

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WSC opposes the US proposal to impose port fees on Chinese-made ships

2025-03-28

The World Shipping Council opposes a U.S. proposal to impose port fees on Chinese-made ships, warning that it would lead to inflation, job losses and harm U.S. exporters.

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