News Center-Sungreen Logistics

Shipping delays have paralysed two of India's biggest ports due to extreme weather and a surge in shipments

2024-09-03

India's west coast ports, especially Mundra Port, are expected to take a week or more to recover due to a surge in cargo volumes and extreme weather that have disrupted operations, delayed ships and backlogged cargo. Mundra Port's woes are having a r

Learn More

Suddenly, the container ship Groton operated by CMA CGM was attacked

2024-09-03

The container ship Groton, operated by CMA CGM, was attacked by Houthi fighters in Yemen. The attack was the latest in a series of operations targeting commercial shipping in the Gulf of Aden. The report said the crew was safe and there was no mentio

Learn More

Net profit of 1.104 billion yuan, Tangshan Port released the semi-annual report for 2024

2024-09-03

Tangshan Port achieved revenue of 2.978 billion yuan in the first half of the year, an increase of 1.81%; Net profit returned to the mother was 1.04 billion yuan, up 7.24% year-on-year; Non-net profit of 1.074 billion yuan, an increase of 4.73%; The

Learn More

Net profit of 2.642 billion yuan, Qingdao Port released the first half of 2024 performance report

2024-09-03

Qingdao Port released its performance report for the first half of 2024, and its operating income was about 9.067 billion yuan, down 0.98% year-on-year, and the net profit attributable to shareholders of listed companies was about 2.642 billion yuan,

Learn More

ONE launched three new routes connecting East Asia and the Middle East, calling on several ports in China

2024-09-03

ONE announced the launch of new routes between Asia and the Middle East, Middle East Express GLX, Central China Middle East Express CMX, and South China Middle East Express SMX.

Learn More

The rate for the European line is 4500 USD

It can only rise and not fall, the shipping company announced a big suspension before the golden week

2024-09-02

Shipping companies cancelled a large number of Asia-Europe and Asia-America export voyages ahead of the National Day holiday due to fears of plunging freight rates. "More" outages are expected this year during the critical weeks of weak demand during

Learn More

Maersk has placed orders for 32 LNG-powered container ships at three shipyards in China and South Korea

2024-09-02

Danish shipping giant AP Moller-Maersk is moving quickly to sign new shipbuilding orders for up to 32 LNG dual-fuel container ships at three shipyards, worth a total of more than $6.6 billion.

Learn More

Ningbo Port released the first half of 2024 performance report

2024-09-02

Ningbo Port released its performance report for the first half of 2024, with an operating income of 14.442 billion yuan, up 16.32% year on year.

Learn More

The Biden administration delayed an announcement involving tariffs on China

2024-09-02

The Biden administration again delayed the announcement of steep tariffs on Chinese-made electric vehicles, batteries, semiconductors and solar cells, saying it would announce a final decision in the coming days.

Learn More

Freight rates on European routes plummeted

Freight rates on European routes have plummeted, and shipping companies want to raise rates on American lines

2024-09-02

The Shanghai Export container Freight Index (SCFI) showed that the index has slipped to 2,963.38 points, down 134.25 points, or 4.33%, from the previous period, falling below the 3,000 point mark, and freight prices fell back to the level at the end

Learn More