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Industry news

• ASIA-EUROPE RATE SOARED BY 25.8% OVERNIGHT, WHILE TRANS-PACIFIC RATE DROPPED BY 8.3%!

  Time: 2021-01-06 | Publisher: Bridge

  

  Entering 2021, the freight rates of the two major east-west trunk routes, Asia-Europe and Trans-Pacific, have skyrocketed and the other has plummeted, and they have followed a different path.The soaring trend of freight rates in Asia-Europe routes will continue until 2021.According to the Freightos Baltic Index (FBX), on D...
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• 24,000TEU ULTRA-LARGE CONTAINER SHIP HAS COME AT THE END OF 2020

  Time: 2021-01-05 | Publisher: Bridge

  

  At the end of 2020, China's shipbuilding industry finally comes in good news! On December 28, China State Shipbuilding Corporation under China State Shipbuilding Corporation, together with Hudong Zhonghua, Jiangnan Shipbuilding and Bank of Communications Financial Leasing Co., Ltd. signed a contract for the const...
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• ATTENTION! AFFECTED BY COLD WAVE AND STRONG WINDS, SOME CHINESE PORTS SUSPEND EMPTY CONTAINER BUSINESS

  Time: 2020-12-30 | Publisher: Bridge

  

  Chinese Central Meteorological Observatory continued to issue a cold wave orange warning at 06:00 on the 29th. Affected by the strong cold air, the temperature in Huanghuai, Jianghuai, Jiangnan, and northern southern China will drop by 12 to 16℃, and the local temperature can decline by more than 16℃. The above-mentioned areas...
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• OCEAN NETWORK EXPRESS ISSUED NOTICE OF SUSPENSION OF IMPORTED REFREIGERATED CONTAINERS IN DALIAN PORT

  Time: 2020-12-24 | Publisher: Bridge

  

  The shipping company ONE issued a notice considering the recent occurrence of new crown cases in Dalian: due to the need to inspect and disinfect the refrigerated containers imported into Dalian, there may be unforeseen delays; and the global equipment supply is tight, as the inspection and disinfection procedures are implemented, T...
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• Crude loadings, tankers unaffected as countries close borders to UK over COVID-19 variant

  Time: 2020-12-23 | Publisher: Bridge

  

  UK oil and container shipments, including crude oil loadings, are continuing as normal and have not been affected by new European restrictions on truck drivers in response to a new strain of the coronavirus found in the Britain, port and oil company officials said Dec. 21.Ineos, which operates the UK’s largest crude oil supply pi...
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• TAIWAN INTERVENES SHIPPING COMPANIES TO STABLIZE FREIGHT RATES DURING SHORTAGE OF CONTAINERS

  Time: 2020-12-23 | Publisher: Bridge

  

  Following China, the United States and South Korea, the Taiwanese government also intervened in container shipping to cool down the overheated container shipping market.Taiwan’s Ministry of Transport (MOTC) stated on December 18 that it was hosted by the Maritime Port Bureau (MPB). Its officials met with representat...
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• EPIDEMIC ESCALATES! DALIAN PORT STOPS OPERATING. IMPORT AND EXPORT SERIOUSLY AFFECTED

  Time: 2020-12-22 | Publisher: Bridge

  

  Due to the escalation of the epidemic in Dalian, Dalian Port is closed! It seriously affects the transportation of import and export goods, all foreign trade forwarders should pay attention to it!All operations at Dalian DCT Port have been stopped, and all ships have been cancelled. Dalian Port no longer accepts imported refr...
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• CHINESE PORTS CONTINUE TO BREAK THROUGHPUT RECOURDS.HAS INTERNATIONAL TRADE FULLY RECOVERED?

  Time: 2020-12-21 | Publisher: Bridge

  

  "Yantian Port processes a TEU in an average of 2.4 seconds, and one ship departs to the United States every 4 hours. This year, the port throughput will set a record for the port in the past 20 years." said Lin Qingwen, Managing Director of Yantian International Container Terminal Co., Ltd. One out of every fo...
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