News Center-Sungreen Logistics

DP World is investing $1.3bn in London Gateway

To create the UK's largest container port, DP World invests $1.3 billion

2024-10-16

Global logistics giant DP World announced that it will invest 1 billion pounds (about 1.3 billion US dollars) to expand London Gateway, making it the largest container port in the United Kingdom within five years.

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Carriers are braced for a new battle for market share ahead of the alliance restructuring in 2025

Container shipping alliances face restructuring as demand falls

2024-10-16

The restructuring of container shipping alliances in 2025 will prompt liner operators to compete for market share, hampering capacity even as freight rates continue to fall.

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In 2030, the aging problem of large ships is more significant

2024-10-16

By 2030, nearly 30% of ships and capacity in the existing fleet will be more than 20 years old, especially for large ships.

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A three-alarm fire has broken out in Hong Kong

A three-alarm fire has destroyed containers at a cargo handling area in Hong Kong

2024-10-16

A three-alarm fire broke out in Hong Kong's New Yau Ma Tei public cargo working area, with several containers on fire and explosions, and the fire briefly spread to nearby ships.

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Barge Carrier Knocks Over Gantry Crane at Port of Keelung in Taiwan

Cargo ship colliding with gantry crane at Keelung Port

2024-10-16

At Pier 20 on the west coast of Keelung Port, the Yuzhou Sailing ship was transporting three new bridge cranes to the port's West coast container terminal when it collided near an old bridge crane awaiting replacement on shore.

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It exceeded 32 trillion yuan for the first time in history

In the first three quarters, the same period exceeded 32 trillion yuan for the first time in history

2024-10-16

In the first three quarters of this year, China's total import and export value of goods was 32.33 trillion yuan, up by 5.3% year-on-year.

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Freight rates are soaring! Hapag-lloyd, CMA CGM, Maersk announced price increases in November

2024-10-15

A number of shipping companies announced a new round of tariff adjustment plans, Maersk, Hapag-Lloyd, Wan Hai and other shipping companies have adjusted the rates of some routes, involving the Mediterranean, South America, near-ocean routes and so on

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To save costs, cargo is flown to the West Coast of the United States via China

2024-10-15

Bangladeshi freight forwarders have started flying cargo to the West Coast of the United States via China, as rising airfreight prices elsewhere mean it is more cost-effective than using Middle Eastern hubs.

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By 2035, the total cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons

2024-10-15

By 2035, the cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons and the container throughput will reach 60 million TEU.

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The port strike in the East of the United States caused a significant reduction in shipping capacity

The three-day port strike in the eastern United States caused a significant reduction in shipping capacity

2024-10-15

A port strike on the East Coast of the United States ended after just three days, and could cost about a week of lost capacity as it takes some time to clear a backlog of ships and containers.

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