News Center-Sungreen Logistics

Freight rates rose sharply and shipping companies canceled some routes

2024-11-25

Spot container rates were largely flat for the third week in a row, with 70 voyages, or about 10 per cent of planned global departures, cancelled from next week to the end of the year.

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Trump to impose 60% tariffs on China? China's latest response!

2024-11-25

国务院新闻办公室举行国务院政策例行吹风会,商务部国际贸易谈判代表兼副部长王受文回应了特朗普将对中国征收60%关税问题.

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The bulk carrier market is positive, and 250 vessels are expected to be needed in 2028

2024-11-25

With the growth of exports from South America, the demand for Capesize bulk carriers will increase significantly, and the Atlantic route alone may require 250 Capesize capacity support.

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Freight rates between the United States and the West continue to fall

U.S. West freight continued to fall, Trump tariffs did not cause freight prices to rise?

2024-11-25

At present, there has been no observation of the rumoured early tariff effect triggered by the rush to pull goods, and the freight rate of the Western line of the United States continued to fall by 8.61%, which also dragged down the Shanghai export f

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In the overall score ranking of liner companies in 2024, Maersk ranked first

2024-11-22

Sea-Intelligence has released a reliability ranking of the world's top 13 shipping lines, and Maersk is the world's most reliable liner company.

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The total net revenue of the container shipping industry amounted to $26.8 billion

2024-11-22

In the third quarter of 2024, the container shipping industry experienced a remarkable turnaround, with total net revenues soaring to $26.8 billion, a staggering 164 percent increase over the previous quarter.

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The Port of Los Angeles saw a surge in traffic in October

Port of Los Angeles saw a surge in throughput in October in response to upcoming tariffs.

2024-11-22

The Port of Los Angeles reported an unprecedented 905,026 TEU throughput in October, up 25% from the same month last year and the first time the port has handled more than 900,000TEU for four consecutive months.

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With an investment of $3.15 billion, the Port of Manzanillo was transformed into an international logistics hub

2024-11-22

With a total investment of $3.15 billion, it will transform Mexico's largest port into an international logistics hub, expanding its facilities by 303% to cover 18.158 million square meters.

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ZIM announced its financial statements for the third quarter of 2024

With revenue of $2.77 billion, ZIM reports third-quarter results

2024-11-22

ZIM announced its financial statements for the third quarter of 2024, with operating income of $2.77 billion, up 117% year-over-year, thanks to higher freight rates and increased freight volumes.

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Several unions in Greece called for simultaneous strikes

Ports were closed and several Greek unions called a strike at the same time

2024-11-22

Greek port dockers and seafarers have staged a 24-hour general strike in Athens, disrupting cargo operations at the container terminal operated by COSCO at Piraeus port.

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