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Several countries have proposed restrictions on Chinese-made port equipment
Several countries have proposed restrictions on Chinese-made port equipment
2024-08-07
In the field of port handling equipment, containers and other port and shipping equipment manufacturing, inexpensive Chinese enterprises have occupied an absolute dominant position. Port machinery giant Konecranes has announced plans to create a cons
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DHL
DHL appoints new CEO for global freight forwarding business in Greater China
2024-08-07
DHL Group has announced that Aditi Rasquinha has assumed the role of Chief Executive Officer, Greater China, of DHL Global Forwarding, replacing Steve Huang, who is retiring due to age.
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Sungreen Logistics2024 Weihai Group Building Tour
Company News | Summer Shun move sea side with Xin -Sungreen Logistics2024 Weihai Group Building Tour
2024-08-06
On the journey, we not only witnessed the magnificent picture of the blue sea and the blue sky, but also let the tired soul get a thorough and pure baptism in the embrace of nature.
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The volatility in the spot rate has now spread to the long-term rate
Xeneta Analyst: The volatility in the spot rate has now spread to the long-term rate
2024-08-06
Xeneta analyst Emily Stausøll sees this as proof that the peak in spot prices is having an impact. Despite the sharp increase in short-term market rates in May and June, long-term sea container rates remained subdued, but this is starting to change.
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Freight rates in the container market rose while the Samudera container business fell sharply
Freight rates in the container market rose while the Samudera container business fell sharply
2024-08-06
Samudera, an Indonesian container and bulk shipping company, said in its latest market report that although container freight rates have risen, the company has not been able to reverse the sharp decline in profits.
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CStar Line stopped operating services on the three China-Russia routes
CStar Line stopped operating services on the three China-Russia routes
2024-08-06
Dubai-based CStar Line, which focuses on routes to Russia, is cutting most of its Far East-Russia feeder services and switching to more lucrative routes to the Red Sea.
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The CMA CGM container ship MV Groton was hit by a missile
The CMA CGM container ship MV Groton was hit by a missile
2024-08-06
Yemen's Houthi forces claimed responsibility for the attack on the MV Groton cargo ship in the Gulf of Aden and confirmed that they successfully shot down a US MQ-9 drone over Yemen's northern Saada province.
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Shipping companies prefer to use flexible boats to hook up directly to the gateway port
Under the restriction of multiple factors, how does the shipping company choose the port of call?
2024-08-06
In order to adapt to the Red Sea crisis, the liner industry prefers to use flexible small boats directly to the gateway ports, while reducing the number of port calls to provide more direct and efficient services, which absorbs a lot of capacity and
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Matson
Matson Ships achieved consolidated revenue of approximately $847 million in the second quarter of 2024
2024-08-06
In the second quarter of 2024, Matson achieved consolidated revenue of approximately $847 million, an increase of 9.6% over the same period last year.
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U.S. East and West freight rates fell for four consecutive weeks
U.S. East and West freight rates fell for four consecutive weeks
2024-08-05
Freight rates continue to decline throughout the route, the United States fell sharply in the west, the United States East, the European route decline expanded, the ship still raised the annual performance expectations, some industry insiders said th
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