News Center-Sungreen Logistics

Several shipping companies have reduced services on the Asia-US route

2025-05-13

Due to the collapse of trade caused by President Trump's punitive tariffs on the world's largest exporter, major container shipping companies have suspended at least six scheduled weekly routes between China and the United States.

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In 24 years, the net income reached 4 billion yuan, and the scale of the self-owned fleet reached 100 vessels

2025-05-13

Saudi Arabian National Shipping Company (Bahri) achieved a milestone at the end of the first quarter that few other shipowners have reached - by acquiring seven new modern vessels, the total size of its own fleet has reached 100 ships.

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The policies of the United States are harming the container shipping market

WSC warns: US policies are harming the container shipping market

2025-04-30

The World Shipping Council (WSC) has released a report highlighting the positive impact of container transportation on the US economy.

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Under the form of tariffs, the freight rates of the Trans-Pacific route have decreased

2025-04-30

Despite the impact of the Sino-US trade war on the supply chain, trans-Pacific container freight rates have benefited from the continuous evolution of carriers' strategies.

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A container ship collided with a Hong Kong bulk carrier at the Ho Chi Minh Port

2025-04-30

The container ship "KMTC Surabaya" flying the Panamanian flag collided with the bulk carrier "Glengyle" flying the Hong Kong flag near the Dragon Head River in Ho Chi Minh City, Vietnam, causing a major maritime accident.

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There was a nationwide strike and the operation of the Port of Antwerp - Bruges was disrupted

2025-04-30

Due to the nationwide strike that occurred on April 29th, the operations of various terminals at the Port of Antwerp - Bruges were severely disrupted, marking the fourth shutdown in several months.

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DNV Classification Society has established the China Container Ship Service Center in Shanghai

2025-04-30

DNV Classification Society announced the establishment of the "DNV China Container Ship Service Center ", which is located at the DNV Greater China headquarters.

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Trump can't hold back anymore, another shipping company chooses Chinese shipyards

2025-04-30

Regional Container Lines (RCL), an Asian regional shipping company, has signed a contract with a Chinese shipyard to construct two 11000 TEU and two 4400 TEU vessels.

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Trump: American ships should be allowed to freely pass through the Suez Canal and Panama Canal

2025-04-29

Trump called for free passage of American ships on two important shipping routes, the Panama Canal and the Suez Canal, and claimed that these two routes "would not exist" without the United States.

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Cma CGM acquired the logistics division of Borusan in Turkey for 440 million US dollars

2025-04-29

CEVA Corporate Services, a subsidiary of CMA CGM Group, intends to acquire Borusan Tedarik Zinciri Cozumleri ve Teknoloji, the logistics division of the Turkish conglomerate Borusan, for 440 million US dollars.

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