News Center-Sungreen Logistics

Freight rates have been raised, and several shipping companies have issued price increase notices for May!

2025-04-24

Maersk, CMA CGM, Hapag-Lloyd and ONE have successively announced the collection of relevant surcharges, covering routes from the Far East to North America and from Asia to the Mediterranean region.

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Trump said that tariffs on China would decline, and the Ministry of Foreign Affairs responded

2025-04-24

Trump said that a 145% tariff on China is very high. It won't be that high. It will drop significantly, but not zero.

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Malaysia plans to increase port charges by 30% and implement it in phases

2025-04-24

The Malaysian government has yet to finalize the plan for raising port charges. The current proposed 30% increase will be implemented in three phases over three years to mitigate the impact on importers and exporters as well as the logistics industry

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CMA CGM: Multiple routes from Asia to Mexico and the west coast of South America have been upgraded

2025-04-24

CMA CGM has upgraded multiple routes from Asia - Mexico - West Coast of South America - West Coast of Central America, aiming to provide flexible, reliable and competitive solutions for customers engaged in Asia-Latin American trade.

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Diplomatic disputes have had an impact on CMA CGM's investment in Algerian ports

2025-04-24

The ongoing diplomatic dispute between Algeria and France has had an impact on the investment plans of French CMA CGM Group in the port sector of Algeria.

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Pirates hijacked two ships in the waters of Indonesia within 24 hours

2025-04-24

Pirate attacks have occurred again in the waters of Indonesia. Two merchant ships were attacked in succession within 24 hours.

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WSC: Port charges in the United States will increase transportation costs and disrupt trade

2025-04-23

The WSC warns that the tariffs imposed by the United States on ships made in China may increase shipping costs, harm the interests of American exporters, and disrupt global trade flows.

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A total of 360,000 TEUs of transport capacity have been cancelled

Due to tariffs, orders have been cancelled, with a total of 360,000 TEUs of transport capacity cancelled

2025-04-23

Due to the increase in tariffs, some trade has become unprofitable. American importers are canceling or suspending orders on a large scale, forcing shipping companies to take more aggressive measures to suspend navigation.

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The United States imposed sanctions on Yemen International Bank

The situation in the Red Sea has escalated and the United States has imposed sanctions on Yemen International Bank

2025-04-23

OFAC has imposed sanctions on the International Bank of Yemen (IBY) and three of its senior executives, accusing the bank of providing financial support to the Iran-backed Houthi forces.

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Shipowners continue to choose China Shipbuilding

US port fee plan aborted, ship owners continue to choose Chinese shipbuilding

2025-04-23

Angelakos recently disclosed that its backlog of orders includes eight kamsarmax bulk carriers, which will be respectively constructed by Nantong COSCO Shipping Kawasaki (Nacks) and Dalian COSCO Shipping Kawasaki (Dacks).

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