News Center-Sungreen Logistics

The European route is up sharply, the American West line is blown

2024-10-28

Shipping companies plan to raise prices in November, European and American line freight rates have rebounded, and the strike in the East of the United States has caused some goods to shift to the West of the United States, causing the West line of th

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In the face of the attack, CMA CGM maintained its operations in the Red Sea

2024-10-28

Despite a number of recent attacks on shipping in the Red Sea region, CMA CGM is sticking to its business in the region.

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Dockers at the Port of Montreal are on strike

The Port of Montreal is in trouble as dockworkers go on strike

2024-10-28

The strike follows three days of industrial action on September 30, which will see all port operations disrupted.

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The owners and operators of the Dali have agreed to pay nearly $102 million in restitution to the Baltimore Bridge

2024-10-28

The Dali's owner, Singapore company Grace Ocean, and operator Synergy Marine will pay nearly $102 million to settle claims for costs related to damage to the Francis Scott Reef Bridge.

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Hapag-Lloyd raises full-year guidance amid strong demand

2024-10-28

Hapag-lloyd raised its full-year 2024 earnings guidance, reflecting stronger than expected demand and higher freight rates.

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After falling for 15 weeks, European freight rates rebounded sharply for the first time!

2024-10-28

SCFI has fallen for 15 consecutive weeks, and European freight rates have rebounded sharply for the first time, and European and Mediterranean freight rates have fallen by 54.2% and 53.0% respectively.

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Demand for container ship capacity is up 12% this year

2024-10-25

Clarkson Research pointed out in a recent report that the Red Sea crisis has brought about a 3% increase in tonny-nautical mile demand for the shipping industry as a whole, and the increase has reached about 12% in the container shipping sector.

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The Port of Los Angeles handled more than 950,000 TEU in September

2024-10-25

Throughput at the Port of Los Angeles continues to be strong, with more than 950,000 TEU handled in September, up 27% from the same month last year and a record 18% above the monthly average over the past five years.

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Freight forwarding giant DSV posted revenue of $6.383 billion in the third quarter

2024-10-25

DSV generated revenue of $17.891 billion in the third quarter, up 9.2% from the same period last year.

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China's Ministry of Commerce: "Zero tariff" for 100% tax items from these countries

2024-10-25

Starting from December 1, 2024, a preferential tariff rate of zero will be applied to 100% of tariff items from the least developed countries that have diplomatic relations with China.

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