News Center-Sungreen Logistics

The US presidential election has had an impact on the dry bulk shipping market

The US presidential election will have an impact on the dry bulk shipping market

2024-09-14

At a conference in London yesterday, the dry bulk industry said it would be closely watching the US presidential debate as its impact on the bulk carrier market was uncertain.

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DSV acquires DB Schenker and plans to invest $1.1 billion over five years

2024-09-14

Danish freight forwarder DSV has successfully acquired DB Schenker, the logistics subsidiary of German state-owned rail operator DB Group, for $15.86 billion, and plans to invest about $1.11 billion in Germany over the next 3-5 years.

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New alliance 11 routes around Cape of Good Hope

Premier Alliance members have announced 11 routes around the Cape of Good Hope, calling on various domestic ports

2024-09-14

The newly established Premier Alliance, its alliance members Ocean Network Link Shipping (ONE), HMM, Yang Ming Shipping recently announced the Asia-Northern Europe, Asia-Mediterranean, Asia-United States East Coast around the Cape of Good Hope relate

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South Korean liner company HMM announces 2025 east-west service network

2024-09-13

HMM announced the 2025 east-West service network, including trans-Pacific, Asia-Europe and Middle East routes, with a total investment of $17.6 billion planned by 2030.

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Attention, the Port of Rotterdam has entered a week-long strike

2024-09-13

The strike at the Port of Rotterdam, which began on September 10, was called by port workers belonging to the Confederation of Dutch Port Trade Unions to demand the implementation of an early retirement plan.

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September is poised for a historically busy month

Container ports in the United States will enter a busy period in September

2024-09-13

As global trade continues to fluctuate and grow, major container ports in the United States are gearing up for another historically busy period, with September 2024 expected to be another busy peak month for U.S. ports.

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As Donald Trump mentions tariffs, shipping faces huge challenges again

2024-09-13

Trump's tariff proposal comes at a time when the global seaborne supply chain is under intense pressure due to tensions in the Red Sea region, and Trump's protectionist trade policies have had a profound and severe impact on the seaborne supply chain

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East Coast strikes could spread to West Coast ports

The US ports are in chaos, and the strike on the East coast of the US may spread to the West Coast ports

2024-09-13

The contract between the union and employers in the East of the United States expires on Sept. 30, 2024, and the union will launch a strike on Oct. 1. Last year, the West Coast strike increased wages by 32 percent.

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DSV acquires DB Schenker for $15.4 billion

2024-09-13

Danish freight forwarding giant DSV has successfully acquired DB Schenker, the logistics arm of Germany's state-owned rail operator Deutsche Bahn Group, for $15.4 billion.

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Maritime security threats in the Red Sea and Gulf of Guinea (GoG) are escalating

2024-09-12

The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is characterized by escalating threats and vulnerabilities, and with the potential influx of new low-cost weapons, there is a growing risk that the Red Sea and Gulf of Guinea cou

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