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Industry news

• The global shipping market is booming this year, and the revenue has doubled

  Time: 2021-09-16 | Publisher: Kevin

  

  This year's shipping market is very complex. Due to the impact of the epidemic, the marine supply chain has been greatly hindered.At the same time, port congestion and the shortage of container ships make the number of ships in short supply. Coupled with the increasing global demand for imports, this imbalance between supply and d...
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• March to the world! CMA-CGM will invest in the construction of a new wharf

  Time: 2021-09-15 | Publisher: Kevin

  

  Due to the current situation of maritime supply chain, many shipping companies have expanded their business scale in the hope of bringing more benefits.On the 9th of last week, the French shipping company CMA-CGM signed a 35 year agreement with the port of Abu Dhabi, which stated that they would develop a new terminal in the po...
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• Several shipping companies announced the suspension of the rise in spot freight rate

  Time: 2021-09-14 | Publisher: Kevin

  

  This year's rising freight rates make shippers and freight forwarders miserable. Just last week, the world's third-largest shipping company, CMA-CGM, announced that it would suspend all spot freight increases until February 1, 2022. According to official sources, it said: "today, due to port congestion and cont...
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• The stranded container caused the Philadelphia port to stop ship operation for three days

  Time: 2021-09-13 | Publisher: Kevin

  

  At present, the situation of the global maritime supply chain is still very tense. Due to the accumulation of containers caused by port congestion, the transport capacity of many ports has been seriously affected.Philadelphia port is an important port in North America. It announced that it would stop ship operation for three days to...
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• The Nigerian Port Authority announced that it would auction abandoned containers

  Time: 2021-09-10 | Publisher: Kevin

  

  Nowadays, ports all over the world are congested to varying degrees. This makes a large number of containers piled up in the port.In the case of global equipment shortage, the turnover rate of containers is low. This has brought a lot of trouble to port operators.In early April this year, Chittagong, the largest port in Bangladesh...
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• Many bulk cargo ship owners have focused on the container market

  Time: 2021-09-09 | Publisher: Kevin

  

  Now the shortage of container ships and the rising international freight rates make many ship owners feel that this is a good opportunity to make money and refit their bulk cargo ships into container ships.In this tense situation, Franbo Lines, a Taiwanese shipping company, also joined the container transportation market and converte...
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• Indian government began to take measures to ease the pressure from supply chain

  Time: 2021-09-08 | Publisher: Kevin

  

  Now the shipping supply chain is blocked seriously. The high freight and container shortage make the import and export enterprises face great challenges. One government announced that it would take some measures to alleviate this situation in the short term.Recently, Indian exporters have received good news. The Indian Minist...
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• The achievement of shipping companies soared in the first half of the year and is expected to continue

  Time: 2021-09-07 | Publisher: Kevin

  

  Due to some congestion in the international shipping supply chain, the shipping capacity is seriously insufficient. At the same time, the shortage of containers and container ships has led to a record high freight rate.The freight of routes to the United States has exceeded 20000 US dollars, and the freight of some routes has excee...
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