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Failed to stop the drop in spot freight
Failed to stop the drop in spot freight?
2025-02-12
Flight cancellations and general rate increases (GRI) have failed to stem the fall in Asia-Nordic freight rates, with less than 95% of cabins utilised during the low season after the Lunar New Year.
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Nordic-Chartering
Finnish logistics giant Hacklin acquires short-haul operator Nordic Chartering
2025-02-12
Finnish logistics giant Hacklin Group recently announced that it has acquired a significant stake in domestic short-haul transport operator Nordic Chartering, expanding its footprint in the logistics sector.
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The Gemini Alliance made its first flight to Shanghai
Gemini Alliance first voyage to Yangshan Deep Water Port
2025-02-12
At the Shanghai Ocean Hill Port Phase III terminal, the "Gemini" shipping alliance jointly established by Marskii of Denmark and Hapag-Lloyd of Germany is officially operating at the port of Shanghai.
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Congestion increases in Chittagong
Port congestion has increased and Maersk is considering cutting ties
2025-02-11
Maersk said it may have to resort to a "disconnect" strategy to connect transshipment ports this week due to increased freight congestion in East Asia and Africa.
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Trump will impose a 25% tariff on steel and aluminum
Trump will impose a 25% tariff on steel and aluminum
2025-02-11
Trump said he would impose a 25 percent tariff on all steel and aluminum imports into the United States and eliminate duty-free credits for major suppliers of steel and aluminum such as Canada, Mexico and Brazil.
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China
China's goods trade ranked first in the world for the eighth consecutive year
2025-02-11
In 2024, China's foreign trade exceeded the 43 trillion yuan mark for the first time, an increase of 5% year-on-year, and maintained the position of the largest country in goods trade for eight consecutive years.
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Hapag-lloyd
Hapag-lloyd raises freight rates for Asia-Europe and Asia-Africa routes!
2025-02-11
Hapag-lloyd has announced an increase in freight rates on several routes, including the Far East - Europe, Asia/Oceania - Africa route.
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Punitive tariffs themselves do not directly slow trade
Maersk: Punitive tariffs themselves will not directly slow trade
2025-02-11
Maersk chief Executive Ko Wensheng believes that while Trump's tariff threat has created uncertainty in the freight market and international trade, punitive tariffs are not necessarily a problem in themselves.
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Hapag-lloyd launches routes linking Colombia and the United States
Hapag-lloyd launches routes linking Colombia and the United States
2025-02-11
Hapag-lloyd will launch IAM America Shuttle 2 (GUF) service, which will begin operations in mid-March 2025.
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Global container shipping in 2024 was strongly driven by the Red Sea crisis
Global container shipping in 2024 was strongly driven by the Red Sea crisis
2025-02-10
The global container shipping market performed strongly in 2024, with this growth mainly driven by the Red Sea crisis.
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