News Center-Sungreen Logistics

Hapag-lloyd CEO: Excess capacity in the shipping market is being offset by market variables

2024-08-23

Hapag-lloyd CEO Rolf Habben Jansen believes that having a certain amount of spare capacity is actually advantageous. Especially after the Red Sea crisis has eased and the Suez Canal has reopened, the market supply and demand relationship will still f

Learn More

The Sounion was attacked and the Houthis targeted the Greek ship owner

2024-08-23

The Greek oil tanker "Sounion" (163,759 DWT) was attacked by the Houthis in the Red Sea and was bound for Cape Town, South Africa, but was sailing towards Cyprus at the time of the attack.

Learn More

Taiwan three big ship company announced the latest results, the upward trend is obvious

2024-08-23

In the first half of 2024, Evergreen Shipping's net profit increased by 362% year-on-year, Yangming's net profit rose by 612% year-on-year, and Wanhai Shipping turned a loss into a profit.

Learn More

PIL launches new CCE Express line from China to Chittagong

2024-08-23

PIL has announced the launch of the new China Chittagong Express to connect major ports in China and Bangladesh with direct flights to Chittagong, Bangladesh via Ningbo, Shanghai and Shekou in China.

Learn More

Gross margin reached 31.0%, SITC announces first half 2024 results

2024-08-23

In the first half of 2024, SITC achieved revenue of $1.301 billion, an increase of 3.8%. Profit was $353 million, up 12.8% year-over-year, and gross margin reached 31.0% in the first half of 2024.

Learn More

The idle container ship fleet is at a record low

2024-08-22

While more than 2 million TEU of newly built container ships have been added to the global fleet so far this year, open tonnage remains at historically low levels.

Learn More

Ranking the world's top 100 container liner companies by capacity, 16 Chinese liner companies made the list

2024-08-22

As of August 20, 2024, the number of container ships in operation worldwide totaled 7,049 (of which 6,260 are pure container ships and others are multi-purpose vessels), with a total capacity of 30.4936 million TEU, equivalent to approximately 361 mi

Learn More

Freight has been paralysed and there is a general rail strike in Canada today

2024-08-22

Canadian National Railway officially notified the Canadian Teamsters Union that the general strike will begin at midnight today (22nd) when a lockout ban is imposed on union workers. In a statement, the company said that if the labor conflict is not

Learn More

The European Union has unveiled a draft tariff on Chinese-made electric vehicles

2024-08-22

The European Commission disclosed a draft decision to impose final countervailing duties on pure electric vehicles imported from China, a small adjustment from the preliminary ruling published on July 4.

Learn More

More than 87,000 TEU were shipped from container to container

The volume of containers was 517,000 TEU, and the business volume of Shanghai sea-rail combined transport surged

2024-08-22

With the arrival of the summer peak, Shanghai Luchao Port Railway Container Center station sea-rail combined transport business has repeatedly reached a new high, in July completed the container delivery of more than 87,000 TEU, completed the deliver

Learn More