News Center-Sungreen Logistics

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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Cargo ships sailing around the Cape of Good Hope are in trouble off South Africa

2024-09-12

Bad weather in South Africa, which has wreaked havoc on shipping in the region this winter, has delayed the cleanup, with an estimated 690 cargo ships currently sailing around the Cape of Good Hope, mainly European and American container ships affect

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Li Zhaokun was arrested on suspicion of taking bribes

Li Zhaokun, former chairman of China State Shipbuilding Group Finance, has been arrested on suspicion of taking bribes

2024-09-12

A bribery case involving Li Zhaokun, former chairman of China State Shipbuilding Group Finance Co., Ltd. was investigated by the Shanghai Municipal Supervisory Commission and transferred to prosecutors for review and prosecution.

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MSC is ready for the dissolution of the 2M alliance next year

MSC executives voice: Have the scale and strength to operate independently, launch a new transport network next year

2024-09-12

Unveiling the new independent east-West transport network due to open in February 2025, MSC CEO Soren Toft said MSC has the scale and strength to operate independently and is ready for the dissolution of the 2M alliance next year.

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The renminbi accounts for 6 per cent of global trade finance, ranking second

2024-09-12

The share of RMB in global trade finance and payment currency has increased, with foreign investors holding 4.5 trillion yuan in Chinese bonds, a record high, and the proportion of RMB in global trade finance is 6%, ranking second.

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HMM announces major investment of $17.6 billion

HMM, South Korea's largest liner company, announced a major investment of $17.6 billion

2024-09-12

HMM plans to invest a total of 23.5 trillion won ($17.6 billion) by 2030 to promote sustainable development, further expand its business footprint and accelerate its transformation into a global green shipping and logistics service provider.

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Company News | Sungreen Logistics invites you to meet with ICIF China2024

2024-09-12

Sungreen Logistics is always committed to providing customers with safe, efficient and professional logistics services, and we will present our latest logistics solutions at booth E7A01, looking forward to meeting you face to face.

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