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Container freight rates continue to fall, the peak or will end early

2024-09-14

Spot freight rates on major container lines have continued to fall over the past week as demand has remained flat, while the short-term rally that might have occurred before the golden Week has yet to materialise.

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A missile attack on a civilian grain shipment has been confirmed for the first time in the conflict between Russia and Ukraine

2024-09-14

A Saint Kitts and Nevis-flagged bulk carrier was hit by a missile after leaving the Ukrainian port of Chernomorsk, the first confirmed attack on a Black Sea merchant ship in months this year.

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Ministry of Transport: Analysis Report on the Capacity of Domestic coastal interprovincial cargo vessels for the first half of 2024

2024-09-14

On September 5, the Ministry of Transport released an analysis report on the capacity of domestic coastal inter-provincial freight vessels in the first half of 2024, which respectively pointed out the capacity of dry bulk carriers, container ships an

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The US presidential election has had an impact on the dry bulk shipping market

The US presidential election will have an impact on the dry bulk shipping market

2024-09-14

At a conference in London yesterday, the dry bulk industry said it would be closely watching the US presidential debate as its impact on the bulk carrier market was uncertain.

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DSV acquires DB Schenker and plans to invest $1.1 billion over five years

2024-09-14

Danish freight forwarder DSV has successfully acquired DB Schenker, the logistics subsidiary of German state-owned rail operator DB Group, for $15.86 billion, and plans to invest about $1.11 billion in Germany over the next 3-5 years.

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New alliance 11 routes around Cape of Good Hope

Premier Alliance members have announced 11 routes around the Cape of Good Hope, calling on various domestic ports

2024-09-14

The newly established Premier Alliance, its alliance members Ocean Network Link Shipping (ONE), HMM, Yang Ming Shipping recently announced the Asia-Northern Europe, Asia-Mediterranean, Asia-United States East Coast around the Cape of Good Hope relate

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South Korean liner company HMM announces 2025 east-west service network

2024-09-13

HMM announced the 2025 east-West service network, including trans-Pacific, Asia-Europe and Middle East routes, with a total investment of $17.6 billion planned by 2030.

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Attention, the Port of Rotterdam has entered a week-long strike

2024-09-13

The strike at the Port of Rotterdam, which began on September 10, was called by port workers belonging to the Confederation of Dutch Port Trade Unions to demand the implementation of an early retirement plan.

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September is poised for a historically busy month

Container ports in the United States will enter a busy period in September

2024-09-13

As global trade continues to fluctuate and grow, major container ports in the United States are gearing up for another historically busy period, with September 2024 expected to be another busy peak month for U.S. ports.

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As Donald Trump mentions tariffs, shipping faces huge challenges again

2024-09-13

Trump's tariff proposal comes at a time when the global seaborne supply chain is under intense pressure due to tensions in the Red Sea region, and Trump's protectionist trade policies have had a profound and severe impact on the seaborne supply chain

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