News Center-Sungreen Logistics

Trump will impose a 25% tariff on steel and aluminum

2025-02-11

Trump said he would impose a 25 percent tariff on all steel and aluminum imports into the United States and eliminate duty-free credits for major suppliers of steel and aluminum such as Canada, Mexico and Brazil.

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China's goods trade ranked first in the world for the eighth consecutive year

2025-02-11

In 2024, China's foreign trade exceeded the 43 trillion yuan mark for the first time, an increase of 5% year-on-year, and maintained the position of the largest country in goods trade for eight consecutive years.

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Hapag-lloyd raises freight rates for Asia-Europe and Asia-Africa routes!

2025-02-11

Hapag-lloyd has announced an increase in freight rates on several routes, including the Far East - Europe, Asia/Oceania - Africa route.

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Punitive tariffs themselves do not directly slow trade

Maersk: Punitive tariffs themselves will not directly slow trade

2025-02-11

Maersk chief Executive Ko Wensheng believes that while Trump's tariff threat has created uncertainty in the freight market and international trade, punitive tariffs are not necessarily a problem in themselves.

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Hapag-lloyd launches routes linking Colombia and the United States

2025-02-11

Hapag-lloyd will launch IAM America Shuttle 2 (GUF) service, which will begin operations in mid-March 2025.

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Global container shipping in 2024 was strongly driven by the Red Sea crisis

2025-02-10

The global container shipping market performed strongly in 2024, with this growth mainly driven by the Red Sea crisis.

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Traffic on the Panama Canal has not yet returned to previous levels

2025-02-10

Shipping capacity through the Panama Canal is 10 percent below the 2019-2022 average.

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CMA CGM and AD Ports Group establish new company

2025-02-10

CMA CGM has announced a partnership agreement with ABU Dhabi Ports Group to develop and operate the New East Mole multi-purpose terminal at Pointe Noire in the Republic of Congo.

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Trump will impose reciprocal tariffs on many countries

Trump: The United States will impose reciprocal tariffs on many countries

2025-02-10

US President Donald Trump's announcement of "reciprocal tariffs" means a significant escalation of the trade war between the United States and its economic partners.

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The United States restores tax exemption for small parcels in China

2025-02-10

The White House announced a moratorium on the repeal of the provision, and the small tax exemption will continue until federal agencies find a way to deal with it.

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