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Industry news

• New vessels approved by Chittagong port authority to ease container accumulation

  Time: 2021-07-15 | Publisher: Kevin

  

  Some time ago, container accumulation occurred in Chittagong. Due to the congestion of the transit port and the delay of berthing in Chittagong, the ICD of private inland container depots in Bangladesh was full of containers for export goods.Recently, the port authority of Chittagong has paid close attention to this incident, ho...
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• Another congested port has appeared-the port of Antwerp in Belgium

  Time: 2021-07-14 | Publisher: Kevin

  

  With the soaring demand for shipping, most ports are experiencing varying degrees of congestion.This has allowed many maritime participants to make long-term preparations, which has resulted in every container ship now in demand.In order to meet the global demand for the transportation in a large number of goods, almost all available c...
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• How should the global supply chain respond to the continuously increase in container transportation demand?

  Time: 2021-07-13 | Publisher: Kevin

  

  Few people in the shipping industry believe that the current level of demand is sustainable.However, the capacity that cannot be effectively released and the enhancement of each wave of economic indicators will gradually slow down the growth of transportation volume.Supervision is always a boulder hanging in the hearts of shipping comp...
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• Congestion in Chittagong has increased, how should the government solve it?

  Time: 2021-07-12 | Publisher: Kevin

  

  Due to congestion at the transshipment port and delays in berthing at Chittagong Port, Bangladesh’s private inland container yard ICD is crowded with containers of export goods.This seriously hinders the operation of the yard, and at the same time aggravates the congestion of the port, creating a vicious circle.The Chittagong P...
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• The shipping company is making adequate preparations for the peak season

  Time: 2021-07-08 | Publisher: Kevin

  

  This year, the shipping market is facing many challenges, such as cargo overstock, ship delays, port skipping, and space shortages.With the arrival of the peak season in the third quarter, shipping companies have begun to make some preparations and plan to deploy record high capacity.According to Sea-Intelligence's analysis, in t...
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• The container market was booming in the first half of the year, can it continue?

  Time: 2021-07-07 | Publisher: Kevin

  

  Nowadays, the strong container market allows carriers to seek additional ships to profit from the current record high freight rates in the market.According to data provided by VesselsValue, a ship valuation website, a total of 277 container ships changed hands in the first half of 2021.This is a 103.7% increase from the transaction v...
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• New ship orders hit a record high! Will the ship market maintain this state?

  Time: 2021-07-06 | Publisher: Kevin

  

  The 25 billion USD container ship "order wave" pushed the global new ship orders in the first half of the year to a 7-year high.However, this unprecedented "order wave" seems to be slowing down. The rapid increase in ship prices and fewer and fewer shipyards have allowed the market to move from "excitem...
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• There is a shortage of containers in Asia and a surplus of containers in Europe and America. What are the reasons for this?

  Time: 2021-07-05 | Publisher: Kevin

  

  We all know that the global trade recession in 2020 will cause a significant decline in trade volume.However, since the third quarter of last year, there has been a strange phenomenon in global shipping, that is, the number of containers is seriously insufficient, and the price of containers has risen sharply.Global trade has begun to ...
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