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Industry news

• Port congestion may affect the increase of US trade deficit

  Time: 2022-02-11 | Publisher: Kevin

  

  Port congestion has lasted for some time, which is a huge blow to the shipping industry. The digital supply chain platform project44 shows that all fields are experiencing continuous turbulence.It is clear that continued port congestion will lead to shipping delays. Not only that, it will also bring more negative effects to Global tr...
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• At the end of the Spring Festival, will the freight rate continue to return to a high level?

  Time: 2022-02-10 | Publisher: Kevin

  

  The continuous high growth of sea freight makes shippers and freight forwarders suffer. Although the freight rate decreased in early 2022, the problem of port congestion has not been solved, and the freight rate will rise sooner or later.According to the latest data, after the Chinese traditional festival Spring Festival, the sea fr...
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• A pilot in Kaohsiung, Taiwan, infected with COVID-19, will the port be closed?

  Time: 2022-02-09 | Publisher: Kevin

  

  The time has come to 2022, and the impact of the epidemic on the world continues. In the shipping industry, the impact is huge, because the crew infection leads to shipping delays from time to time.Just recently, a port pilot in Kaohsiung port, Taiwan was diagnosed with covid-19, and the source of the infection is unknown. According...
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• Maersk's ship ran aground and the ship schedule may be delayed

  Time: 2022-02-08 | Publisher: Kevin

  

  Affected by the epidemic, the global maritime supply chain has also suffered a great blow. On February 2, 2022, a large container ship full of goods under Maersk had an accident.It is understood that the container ship named "Mumbai Maersk" deviated from the track on the way from Rotterdam, the Netherlands to Bremen, G...
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• Costco, a global retail giant, has teamed up with shipping companies

  Time: 2022-02-07 | Publisher: Kevin

  

  Recently, the global shipping market is still tense, with insufficient transport capacity, port congestion and shipping schedule delays occurring frequently. Nowadays, many shippers (especially retailers) are considering chartering to solve the problem of transportation difficulties.Just recently, Costco, a retail giant in the United...
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• The Suez Canal has introduced a regulation that is puzzling to many people

  Time: 2022-01-29 | Publisher: Kevin

  

  At the end of 2021, the Suez Canal, the world's most important canal, announced an important decision. According to the canal authority, ship charges through the canal will increase by 6% from February 2022.Osama rabea, chairman of the Suez authority, said that they would consider the global economic situation and implement a f...
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• Faced with a large number of stranded empty containers, LA / LB port is considering implementing a plan

  Time: 2022-01-28 | Publisher: Kevin

  

  Nowadays, the container accumulation caused by port congestion is very serious. For LA / LB port, the accumulation of empty containers is the biggest challenge they face.As early as the end of December 2021, American retailers began to worry that the port authority would charge for empty containers. However, this fear is about t...
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• There is a downward trend in the freight rate of all routes, and the price is expected to return to the normal level？

  Time: 2022-01-27 | Publisher: Kevin

  

  With the approaching of the Chinese traditional festival Spring Festival, the volume of goods exported from Asia began to decline gradually, and the Shanghai export container freight rate (SCFI) has fallen for two consecutive weeks.According to the latest data, the index has fallen to 5053.12. Freight rates on several routes, ...
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