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Industry news

• Shipping companies adjust GRI and other rates, and long-term contract freight rates rise rapidly

  Time: 2021-12-20 | Publisher: Kevin

  

  The latest mutant strain Omicron is sweeping the world step by step, which is a great challenge to the global shipping industry. Waiting for the shipper is another process of rising freight.According to the latest FBX data, the freight rate index has been stable in the past week: the freight rate of North American routes has rema...
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• With Christmas approaching, air freight has risen sharply

  Time: 2021-12-17 | Publisher: Kevin

  

  With the approaching of Christmas, consumers' purchase demand is rising. In the United States, a large number of goods are piled up in ports, raising freight costs.A few months ago, US President Biden announced that the two ports of LA / LB would start 24-hour operation to alleviate the supply chain crisis.So far, altho...
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• Global port congestion continues. 101 vessels waiting at LA / LB port

  Time: 2021-12-16 | Publisher: Kevin

  

  2021 is coming to an end. Unknowingly, the tension of offshore supply chain has been accompanied for a year. One of the most obvious is the port congestion crisis.At present, in addition to the well-known LA / LB ports in the United States, there are also ports such as Shanghai and Ningbo in China and Klang in Malaysia. The...
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• Southeast Asian ports may face strike crisis

  Time: 2021-12-15 | Publisher: Kevin

  

  Some time ago, the degree of port congestion in Southeast Asia was still not optimistic. This leads to tight shipping space and rising freight rates.Take Vietnam as an example. After lifting the blockade, export demand picked up rapidly. This makes the shipping space become very tight all of a sudden, and the freight is also risin...
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• After charging the container storage fee, the congestion of Auckland port has been alleviated

  Time: 2021-12-14 | Publisher: Kevin

  

  Recently, after LA / lB port announced a surcharge on containers stranded at the port, Auckland port also announced this charge. In the following week, the congestion of the port improved.As a large number of containers stay in Auckland port for more than twice the normal time, the service of the port has been seriously affected. ...
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• Can Long Beach Port really return to normal within six months?

  Time: 2021-12-13 | Publisher: Kevin

  

  The congestion in Los Angeles port and Long Beach port continues. Many shippers suffered heavy losses during this period.Recently, however, there is news that gives shippers hope. Cordero, the head of Long Beach port, said that according to the current situation, the congestion of the port is expected to resume normal operation ...
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• Due to congestion, shipping companies chose to skip several large European ports

  Time: 2021-12-10 | Publisher: Kevin

  

  At present, the impact of the epidemic is still very serious. Coupled with the recent outbreak of "Omicron" mutant virus, the global economy is facing greater uncertainty.In terms of shipping, the continuous congestion of the port has led many shipping companies to choose to skip the port and stop shipping to restore the rel...
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• From next year, Chittagong will force shippers to use electronic payment

  Time: 2021-12-09 | Publisher: Kevin

  

  Recently, Bangladesh issued an important notice: Bangladesh has enforced the use of electronic payment of customs duties related to import and export trade through Chittagong customs (CHC).CHC stated in this notice that manual payment will not be accepted from January 1, 2022. He added that if electronic payment is not made, i...
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