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Danger! MSC, MSK and other shipping companies issued supplementary statements Release on2023-12-29: Recently, due to the attack on the container ship MSC United VIII, the situation in the Red Sea, which has just seen hope of resuming sailing, is once again full of uncertainty....

Red Sea Crisis Butterfly Effect: Beware of Empty Container Shortage Release on2023-12-28: In addition to delivery delays and freight rate increases, the Red Sea crisis may also bring about a butterfly effect, with an expected shortage of empty containers, which may have a profound impact on the supply chain in the run-up to the Chinese New Year....

Strike again! MSC passed the failure, the capacity is tight and upgraded again Release on2023-12-27: The situation in the Red Sea has disrupted international shipping and has been going on for some time. At present, whether it is risk premium or detour surcharge, shippers downstream in the chain are not only feeling the pain of cost transfer, but also have to start to deal with the timeliness of product supply....

The shipping price is $10,000! Quadruple in one week! There were 313 circumnavigating ships, 4.2 million TEUs, and the cargo value exceeded 100 billion US dollars. Release on2023-12-26: Recently, affected by the Red Sea crisis, merchant ships from more than 10 major shipping companies in the world have avoided the Red Sea-Suez Canal and detoured to the Cape of Good Hope in Africa. This has triggered concerns among companies about the safe delivery of goods. In order to ensure that goods can be delivered safely and on time, some companies have begun to use bypass, air transport, and combined sea and air transportation methods....

45.5%! Freight rates from Shanghai to Europe rise sharply Release on2023-12-25: According to the Shanghai Shipping Exchange, last week, due to the threat of armed attacks in the Red Sea region, freight rates in the Asia-Europe shipping market rose sharply, driving the composite index higher....

Wanhai Shipping spends billions to build container base at Kaohsiung Port Release on2023-12-22: Wanhai Shipping Company plans to spend more than 10 billion yuan (billions of RMB) to build Piers 79 to 81 and the yard of the Fifth Container Center of Kaohsiung Port into a new generation container base. A groundbreaking ceremony will be held today for the reconstruction, which is expected to be completed in 2026 After the gradual renovation is completed and put into operation in 2018, the overall operating area will be doubled, and the future operating volume will reach 2 million TEU....

China will adjust import and export tariffs on some commodities starting from January 1st! Release on2023-12-22: In order to continue to play the supporting role of import and export in the economy and better perform the important function of tariffs in coordinating the two resources of domestic and international markets, on December 21, the Tariff Commission of the State Council issued an announcement that it will adjust the import tariffs of some commodities in 2024. Export duties.agent shipping china...

Red Sea crisis and Panama Canal drought, freight rates on related routes soared! Release on2023-12-22: As the situation in the Red Sea becomes increasingly tense, shipping risks in the region have also frequently escalated. Many shipping companies have had to bypass the Red Sea and choose a route via the Cape of Good Hope, the southernmost tip of Africa. According to estimates, the voyage from Europe to Asia via the Cape of Good Hope is about 40% longer, which will lead to a significant increase in shipping time and cost....

Malaysia :Ban Zim ships from docking! Release on2023-12-22: According to Hong Kong’s South China Morning Post, Malaysia announced on December 20 that it would ban ZIM-owned ships, as well as any ships flying the Israeli flag, from docking and unloading cargo at its ports....

Red Sea: The rising freight rate will continue until the end of January! Release on2023-12-22: Recently, a customer announcement issued by Kuehne + Nagel Group, the world's largest ocean freight forwarder,...

Malaysia announces: Ban ZIM ships from docking! Release on2023-12-21: According to Hong Kong’s South China Morning Post, Malaysia announced on December 20 that it would ban ZIM-owned ships, as well as any ships flying the Israeli flag, from docking and unloading cargo at its ports....

An explosion occurred at a pier, causing over 100 casualties! Release on2023-12-20: In the early morning of December 18, local time, an explosion occurred at an oil terminal in Conakry, the capital of Guinea, killing at least 13 people and injuring 178 others. The extent of damage to the pier is unclear....

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