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The global container shipping market is hit by multiple uncertainties

Increased uncertainty in the global container shipping market

The global container shipping market is experiencing multiple uncertainties, freight rate volatility has intensified, and many shipping companies have adjusted their capacity layout to meet complex challenges.

The diversion caused more than 200 containers to fall into the water

The diversion caused more than 200 containers to fall into the water

About 200 containers were lost off the coast of South Africa in one of the most unforgiving waters on Earth.

Rate decline

Freight rates fell and shipping companies adjusted routes

Global average spot rates fell 4 per cent to $2,264 per foot, but spot rates from Asia to the US West and east coasts fell 9 per cent and 7 per cent month-on-month, respectively.

CMA CGM

CMA CGM: China cannot leave the supply chain

Vikash Anand, CMA CGM's chief commercial officer, said that despite tensions with the United States and the shift of manufacturing to Southeast Asia, China could not be completely removed from the supply chain.

Yantai Port in Shandong province, the first Cuban cargo route officially opened

Yantai Port in Shandong province, the first Cuban cargo route officially opened

The "Yunsheng" ship set sail at Yantai Port, Shandong port, marking the official opening of the first Cuban general cargo route at Shandong port.

Xiamen Port ushered in the Southeast Asia route CPX7 maiden voyage

3 days direct to the Philippines, Xiamen Port ushered in the first voyage of Southeast Asia route CPX7

With the successful docking of the "Haifeng Yokohama" ship at Xiamen Port Haitian Pier, Xiamen Port ushered in the first voyage of the new Southeast Asia route CPX7.

The ports of Zeebrugge and Antwerp were paralyzed

Air, sea and land trains have been disrupted by a nationwide strike

As Belgium faces a nationwide strike affecting rail, road, port and air transport, roads leading to the ports of Zeebrugge and Antwerp are likely to be blocked throughout the day, making it difficult for trucks and staff to enter the ports.

Dragon route canceled docking at Shanghai Ningbo Port

Maersk: Dragon route canceled docking at Shanghai Ningbo Port

Shipping giant Maersk has issued the latest announcement on the adjustment of Dragon route operations to cope with the upcoming fog season and ensure the reliability and stability of route services.

Trans-pacific container freight rates are below 2024 lows

Freightos: Trans-Pacific container rates below 2024 lows

The latest data from analyst Freightos shows that container freight rates from Asia continue to decline, falling below the lowest point in 2024.

CMA CGM bids for Belgium

CMA CGM bids for Belgium's Air cargo business

French giant CMA CGM swooped in to bid for Air Belgium's cargo business after a Dutch consortium's bid was rejected by a Belgian court.

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