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01/262024
Two more container ships...
Maersk MLL and ONE have successively announced the suspension of Red Sea operations.
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01/252024
Are international shippi...
A European freight forwarder has accused major shipping lines of artificially stimulating demand by canceling flights and creating talk of an empty container crisis.
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01/242024
Hapag-Lloyd acquires a l...
Hapag-Lloyd returns to the road freight market --> Hapag-Lloyd, the world's fifth largest shipping company, has launched its first acquisition in 2024. It has reached a new agreement with the British logistics company ATL and plans to fully invest Acquisition of ATL share capital. At present, the specific purchase price has not been announced. But according to ATL's statement, Hapag-Lloyd will receive more than 200 trucks and 250 trailers owned by ATL.
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01/232024
The crisis is difficult ...
The impact of the Red Sea crisis on global politics and economy continues to expand. Recently, many shipping companies have issued warnings that the Houthi armed forces have attacked merchant ships, the Lebanese Hezbollah has intervened, and the Iranian militia and the US military have exchanged fire in Iraq. These incidents may evolve into regional conflicts. At the same time, the problem of rising freight rates caused by ships detouring around the Cape of Good Hope has also begun to emerge. Co
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01/222024
Hard to find a box? Port...
The situation in the Red Sea is becoming increasingly tense, and most liner companies, including CMA CGM, the only remaining Red Sea navigation company, have decided to continue to divert sailings. However, judging from the feedback so far, domestic ports have not yet experienced the phenomenon of "hard to find a container" as a result. On the contrary, container freight rates are showing signs of loosening downwards.
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01/192024
Maersk warns: Weather an...
Global shipping giant Maersk noted in its latest advisory to customers on Thursday that container yard density at Nordic ports has increased due to weather-related disruptions and ships choosing to avoid Red Sea routes.
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01/182024
Many giants announced th...
According to the "Nihon Keizai Shimbun" report, as of the 16th local time, ONE-Japan's three major domestic shipping companies - Nippon Yusen Kaisha (NYK), Mitsui Lines (MOL) and Kawasaki Kisen Line ("K" LINE) have decided to suspend all their ships. Stop crossing the waters of the Red Sea.
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01/172024
The freight rate of the ...
After the United States and Britain's continuous air strikes, the Hascean armed forces caused the tension of the Red Sea to heat up. The Hussean armed forces clearly stated that they would conduct a comprehensive revenge on the United States and Britain, and will attack all vessels related to the United States and Britain. The two sides have started. Matsky said that with the current situation analysis, it may take months to reinvigorate the Red Sea trade route.
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01/162024
Face high freight rates!...
Sea freight rates have doubled due to the dramatic escalation of the crisis in the Red Sea. High freight rates have strained relations between cargo and ship again. The Federal Maritime Commission (FMC) will hold a hearing on February 7 to discuss the impact of the Red Sea crisis on shipping and supply chains, as well as the reasonability of shipping companies to charge fees.
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01/152024
Us and UK attack Yemen a...
After a new round of Israeli-Palestinian conflict broke out, Yemen's Houthi armed forces used drones and missiles to repeatedly attack targets in the Red Sea waters. The United States and Britain launched strikes against Houthi targets in Yemen's capital, Sana 'a, and other places in the early morning of the 12th. Houthi forces said that 73 of the armed targets were attacked on the 12th, killing 5 fighters and wounding 6 others. In the early morning of the 13th local time, the US military once a
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