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Freight rates on European routes have jumped 20% in the past week
Freight rates on European routes rose 20% in the past week, and North American routes are still falling
2024-12-04
After the continued decline in freight rates, European route freight rates rose by 20% in nearly a week, the growth of North American route transportation demand is weak, and the market freight rates continue to fall.
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Announcement on Strengthening Export Control of related dual-use items to the United States
Announcement on Strengthening Export Control of related dual-use items to the United States
2024-12-04
The Ministry of Commerce issued a notice on strengthening the export control of relevant dual-use items to the United States, and decided to strengthen the export control of relevant dual-use items to the United States.
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ONE
ONE unveils Aegean Express (AEX) and Levant Express (LEX)
2024-12-04
Ocean Network Shipping (ONE) has announced the launch of Aegean Express (AEX) and Levant Express (LEX) in January 2025.
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Trump threatens the BRICS
Trump has threatened the BRICS countries with 100 percent tariffs if they try to replace the dollar
2024-12-03
Us President-elect Donald Trump has threatened to impose tariffs of up to 100 per cent on the BRICS countries if they try to undermine the dominance of the dollar.
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Protests have broken out in the Georgian capital to block the port of Poti
Protests have broken out in the Georgian capital as demonstrators blockaded the port of Poti
2024-12-03
Protesters clashed with police in the Georgian capital Tbilisi for the fourth night ina row as protesters blocked at least one road to the port, which is managed by APM Terminals, a unit of Maersk.
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American line freight rate fell again
American line rates fell again, shipping companies announced new FAK rates
2024-12-03
As shipping companies failed to raise prices ahead of a series of GRIs on December 1, container spot rates on major routes once again experienced a moderate decline, with the largest decline on the US-West route.
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British-flagged bulk carrier explodes in American waters
British-flagged bulk carrier explodes in American waters
2024-12-03
The British-flagged Anglo Marie Louise, a bulk carrier, exploded about 150 nautical miles off the coast of North Carolina.
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The Houthis attacked a U.S. destroyer and three U.S. supply ships
The Houthis attacked a U.S. destroyer and three U.S. supply ships
2024-12-03
The Houthis in Yemen have announced a special military operation, attacking a US destroyer and three US military supply ships with missiles and drones in the Gulf of Aden and the Arabian Sea.
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Intermodal transport and logistics services provider Schneider acquires North American logistics giant Cowan
Intermodal transport and logistics services provider Schneider acquires North American logistics giant Cowan
2024-12-03
Intermodal transportation and logistics services provider Schneider has acquired North American logistics giant Cowan for $390 million, with a separate agreement to acquire Cowan's real estate assets valued at $31 million.
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Maersk partnered with Lufthansa Freight
Supporting the decarbonization of air cargo, Maersk collaborates with Lufthansa Cargo
2024-12-02
Lufthansa Cargo has signed an agreement with Maersk to promote the decarbonization of air cargo through the use of sustainable aviation fuel SAF, which is expected to reduce CO2 emissions by at least 1,200 metric tons.
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