News Center-Sungreen Logistics

CMA CGM bids for Belgium's Air cargo business

2025-03-25

French giant CMA CGM swooped in to bid for Air Belgium's cargo business after a Dutch consortium's bid was rejected by a Belgian court.

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Salvage of MSC Baltic III container ship progress

After being stranded for a month, the container ship MSC Baltic III is still being salvaged

2025-03-25

The rescue of the MSC Baltic III container ship, which ran aground near Wild Cove, Newfoundland, was complicated by its remote location and winter weather, including high winds and ice in the bay.

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Freight rates fell for 11 straight weeks

The decline reached 48.4%, and freight rates fell for 11 consecutive weeks

2025-03-25

As of March 21, according to the latest Shanghai export container comprehensive freight Index (SCFI) released by the Shanghai HNA Exchange, it fell for 11 consecutive years, a decline of 48.4%.

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The US measures against Chinese shipping are undermining the global trade order

Foreign media: The United States to impose port fees on Chinese ships will disrupt the global trade order

2025-03-25

Businesses, trade groups and experts in the United States worry that the plan could disrupt the global trade order more dramatically than President Trump's tariff war and could even trigger a crisis of "trade Armageddon."

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Company News | Sungreen Logistics debuted at CAC 2025, and the three highlight services help agrochemical enterprises to efficiently go to sea

2025-03-24

CAC2025 came to a perfect end, and Sungreen Logistics won the enterprise by virtue of compliance agency dangerous package certificate and commodity inspection, self-operated dangerous goods warehouse, and overseas customs clearance delivery.

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Could be more severe than traditional tariffs

Forced to terminate U.S. services, shut down container operations and lay off U.S. employees

2025-03-24

The proposed per-port call fee would effectively become a new form of tariff, with its directness and a range of adverse consequences that could be even more severe than traditional tariffs.

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The USPS announced it was laying off 10,000 employees

2025-03-24

USPS plans to lay off 10,000 employees over the next 30 days through voluntary early retirement.

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MSC Houston V hit a storm and 15 containers went overboard

2025-03-24

At least 15 containers from the MSC Houston V plunged into the sea, while many of the ship's remaining containers also collapsed, partially hanging on the starboard side near the stern.

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Hutchison port sale sparks more ripple effects

2025-03-24

The company will have an 80% interest in Hutchison Ports Group, including Hutchison Ports' 43 ports, 199 berths and other related assets in 23 countries.

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Maersk issued a statement on the shipment of weapons to Israel

2025-03-24

Maersk said in a statement that its business operations follow the international code of business conduct and do not transport arms or ammunition to areas of political conflict.

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