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Nhava Sheva in India is facing serious congestion, which may affect the delivery time
Nhava Sheva in India is facing serious congestion, which may affect the delivery time
2024-07-19
India's Nhava Sheva port is facing severe congestion due to a surge in cargo volumes and erratic shipping schedules. APM's GTI terminal and DP World's NSCIT terminal were particularly severe, causing delays in the entry and exit of container trucks a
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Evergreen
Yangming, Evergreen Shipping: As long as there is no ceasefire, we will not consider resuming navigation in the Red Sea
2024-07-19
The Red Sea crisis continues and is in the peak season of shipping, shipping companies have almost all their ships, but the market capacity is still tight, and the shipping schedule is chaotic, which is the key to the rise in freight rates.
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The influx of small container ships on long-haul routes has reduced intra-Asian trade capacity
The influx of small container ships on long-haul routes has reduced intra-Asian trade capacity
2024-07-18
South Korean shipping operators say an influx of smaller container ships on more lucrative long-haul routes has led to a shortage of vessels for intra-Asian trade, with rates quadrupling from last year.
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MSC
MSC's independently operated Asia-Nordic services account for 9% of the market
2024-07-18
MSC’s standalone Asia-North Europe shipping services have already captured up to a 9% market share of the trade, according to new data from Sea-Intelligence Consulting.
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Ship prices are up 60% in six months and MSC is still buying second-hand vessels
Ship prices are up 60% in six months and MSC is still buying second-hand vessels
2024-07-18
In the first half of 2024, the global container ship trading volume surged, and MSC in particular performed actively in the ship trading market and continued to expand its fleet.
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India
India's national shipping company SCI and oil company IOCL will collaborate to build the VLCC
2024-07-18
The Ministry of Shipping of India has proposed a plan for the VLCC to be built by the National Shipping Corporation of India (SCI) in collaboration with the Indian Oil Corporation (IOCL).
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Yangpu Port ranks among the top 20 major ports in the country
China's Yangpu port container throughput exceeded one million TEU
2024-07-18
In the first half of the year, the container throughput of Yangpu Port reached 10.15 million TEU, an increase of 11.26%. This is the first time that the container throughput of Yangpu Port in half a year has exceeded 1 million TEUs, ranking among the
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Kuehne & Nagel
Kuehne+Nagel warned of significant delays in rail container traffic between the area around Parma and nearby ports
2024-07-18
Kuehne + Nagel expects significant delays and restrictions in rail container traffic between the area around Parma and nearby ports until July 21. Rail traffic in the region is expected to be disrupted until September 9.
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The total cargo sent by China-Europe freight trains increased by 11 percent year-on-year
A total of 10,000 China-Europe freight trains will be launched in 2024
2024-07-17
Since 2024, the total number of China-Europe freight trains has reached 10,000, 19 days earlier than last year, and the total number of cargo shipped has reached 1.083 million TEU, an increase of 11% year-on-year, showing a good trend of rising quant
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High freight rates are gradually falling
High freight rates are gradually falling, and some people are starting to worry
2024-07-17
Average spot freight rates from the Far East to the East Coast of the United States increased 3.7% to $10,045 per foot, while spot freight rates to the West Coast of the United States increased 2% to $8,045 per foot.
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