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The United States initiated Section 301 proceedings
Us launches 301 investigation Hearing on China Shipping & Logistics and Shipbuilding!
2025-02-24
The Office of the United States Trade Representative (USTR) has issued a notice announcing a public hearing on proposed actions in the Section 301 investigation against China's maritime, logistics, and shipbuilding industries.
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American freight rates fell
U.S. freight rates fell for six straight weeks
2025-02-24
The latest edition of the Shanghai Container export Freight Rate Index (SCFI) released shows that the freight rate index has fallen for six consecutive weeks, and the four major routes have shown a downward trend.
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Hyundai Merchant Marine HMM acquires new SK Shipping
Hyundai Merchant Marine HMM acquires new SK Shipping
2025-02-24
HMM, South Korea's largest Shipping line, is planning to strengthen its position in the country's shipping industry by acquiring SK Shipping, a leader in the country's energy transport sector.
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Shanghai Port container throughput exceeded 5 million TEU in January
Shanghai Port container throughput exceeded 5 million TEU in January
2025-02-20
In January 2025, the container throughput of Shanghai Port exceeded 5 million TEU, breaking the historical record and creating a new high monthly throughput.
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Global container traffic increased by 6% in 2024
Global container traffic increased by 6% in 2024
2025-02-20
According to Container Trade Statistics Limited (CTS), global container traffic increased by 6% in 2024 compared to 2023, a strong year for global container trade, with North America and the Far East leading the growth.
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MSC acquires 50% of the operation rights of the Nadorsi Mediterranean Container Terminal
MSC acquires 50% of the operation rights of the Nadorsi Mediterranean Container Terminal
2025-02-20
State-owned Moroccan port operator Marsa Maroc recently announced an agreement whereby MSC's port company TiL has secured a 50% concession to the Nadorsi Mediterranean Container Terminal.
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MSC opened two ocean-going main lines
MSC opened two ocean-going trunk lines and made its first voyage in Dalian Port!
2025-02-20
MSC opened two ocean-going trunk lines, the European route and the Mediterranean route, and successfully made its first voyage in Dalian Port.
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BSC
Return to the shipping market after 30 years with the purchase of 12 container ships
2025-02-20
Bangladesh's state-owned shipping company BSC plans to return to the shipping market with the purchase of 12 2,500-3,000 TEU container ships.
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DFDS
Ferry logistics giant DFDS is selling some of its trailer and truck assets
2025-02-20
Ferry logistics giant DFDS will cut 125 jobs and sell 278 trailers as the company plans to sell or subcontract more trucks and trailers in 2025.
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Shipping companies collectively announced a freight increase notice for March
Shipping companies collectively announced the March freight increase notice, these routes are going to rise
2025-02-19
Masky,MSC, CMA CGM, Hapag-Lloyd and Wanhai announced plans to raise prices in March, covering Europe, North America, Africa, the Middle East, India and Pakistan, as well as near-ocean routes.
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