In 2030, the aging problem of large ships is more significant
2024-10-16
By 2030, nearly 30% of ships and capacity in the existing fleet will be more than 20 years old, especially for large ships.
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A three-alarm fire has destroyed containers at a cargo handling area in Hong Kong
2024-10-16
A three-alarm fire broke out in Hong Kong's New Yau Ma Tei public cargo working area, with several containers on fire and explosions, and the fire briefly spread to nearby ships.
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Cargo ship colliding with gantry crane at Keelung Port
2024-10-16
At Pier 20 on the west coast of Keelung Port, the Yuzhou Sailing ship was transporting three new bridge cranes to the port's West coast container terminal when it collided near an old bridge crane awaiting replacement on shore.
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In the first three quarters, the same period exceeded 32 trillion yuan for the first time in history
2024-10-16
In the first three quarters of this year, China's total import and export value of goods was 32.33 trillion yuan, up by 5.3% year-on-year.
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Freight rates are soaring! Hapag-lloyd, CMA CGM, Maersk announced price increases in November
2024-10-15
A number of shipping companies announced a new round of tariff adjustment plans, Maersk, Hapag-Lloyd, Wan Hai and other shipping companies have adjusted the rates of some routes, involving the Mediterranean, South America, near-ocean routes and so on
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To save costs, cargo is flown to the West Coast of the United States via China
2024-10-15
Bangladeshi freight forwarders have started flying cargo to the West Coast of the United States via China, as rising airfreight prices elsewhere mean it is more cost-effective than using Middle Eastern hubs.
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By 2035, the total cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons
2024-10-15
By 2035, the cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons and the container throughput will reach 60 million TEU.
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The three-day port strike in the eastern United States caused a significant reduction in shipping capacity
2024-10-15
A port strike on the East Coast of the United States ended after just three days, and could cost about a week of lost capacity as it takes some time to clear a backlog of ships and containers.
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The seventh consecutive week of decline, the four major routes have continued to fall
2024-10-15
Seven consecutive weeks of decline, the decline narrowed but still facing the off-season downward pressure, shipping companies began to reduce flights, in response to market changes, while considering adjusting pricing strategy, freight rates are exp
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Gradually, Turkey imposed a 40% tariff on imported Chinese cars
2024-10-15
Turkey has also announced tariffs on some imports from China, Russia, India and Japan, in particular an additional 40 percent tariff on electric vehicles imported from China.
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