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- Release on2024-05-13
- Mediterranean Shipping Company (MSC), the world's largest liner company, has officially hit back at the U.S. Federal Maritime Commission (FMC), disputing the unprecedented "staggering" fine.... Read More>>
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- Release on2024-05-11
- Recently, freight rates on European lines have risen rapidly. Market tension and shipping company strategic adjustments have made it difficult to book space even if you pay high freight rates. The freight rate on the South American route has soared, especially the freight rate on the east side of South America has exceeded the US$10,000 mark. (View article: Nightmare! Freight rates soar to US$10,000! No matter how high the freight is, you can’t book a space)... Read More>>
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- Release on2024-05-10
- According to CCTV news, on May 9 local time, Yahya Sarrea, a spokesman for the Houthi armed forces in Yemen, said in a televised speech that the Houthi armed forces attacked a number of ships related to Israel.... Read More>>
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- Release on2024-05-10
- On May 9, local time, Argentina’s largest labor union, the General Confederation of Labor, launched a nationwide strike to protest against the structural reforms implemented by the Milais government. Although the scale of this strike is not expected to be as large as the strike on January 24, during the strike, major economic activities throughout Argentina will be suspended for 24 hours, which will have a serious impact on all walks of life.... Read More>>
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- Release on2024-05-09
- Less than a week after the crew of the "MSC Aries" was released by Iran, two container ships operated by Mediterranean Shipping MSC, the "MSC Gina" and the "MSC Diego", were once again attacked by missiles from the Houthi armed forces.... Read More>>
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- Release on2024-05-09
- On April 27, local time, a small container ship arrived at the port of Baltimore through a temporary channel, which is the first cargo ship to arrive at the port since the Francis Scott Key Bridge collapsed more than a month ago.... Read More>>
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- Release on2024-05-08
- The holidays have just passed and shipping costs are going up again! Against the background of the recent intensification of tensions in the Red Sea and the increase in demand due to the recovery of the global economy, freight rates on major routes have increased significantly. Recently, major shipping companies have continued to increase FAK rates and impose peak season surcharges. Among them, CMA CGM raised FAK rates in the Mediterranean and North Africa again in mid-May, with the North African freight rate approaching US$7,800. Maersk levied peak season surcharges globally, and Hapag-Lloyd also began levying peak season surcharges at African destination ports in mid-May. .... Read More>>
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- Release on2024-05-07
- On May 4, local time, the Israel Defense Forces bombed the Gaza Strip, causing many casualties. The day before, the Israeli Air Force also attacked Hezbollah military facilities in the Mairkebah area in southern Lebanon.... Read More>>
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- Release on2024-04-28
- Car dealers and Chinese electric car manufacturers are already experiencing bottlenecks at many major European ports as they stockpile more cars than they can handle, the Financial Times reported. Some Chinese electric cars have been stuck in European ports for up to 18 months.... Read More>>
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- Release on2024-04-25
- The latest reports from CCTV News and Xinhua News Agency stated that: On April 22, local time, Mexican President Lopez signed a decree to levy 5% to 50% on 544 commodities including steel, aluminum, textiles, clothing, footwear, wood, plastics and their products. % temporary import tariff.... Read More>>
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- Release on2024-04-25
- Seven of the 11 crew members have been rescued and four are still missing after a boat collided with the G240 national Highway Jiujiang Bridge in Guangdong Province on the evening of April 22, CCTV News reported.... Read More>>
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- Release on2024-04-24
- According to the latest SCFI index released by the Shanghai Shipping Exchange, the current freight index rose 12.5 points to 1769.54 points, a weekly increase of 0.7%, achieving three consecutive increases. It is worth noting that this upward trend is mainly due to the strong increase in freight rates on routes from Asia to South America and West Africa.... Read More>>
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