Comprehensive informatio...
1. [Delivery] On December 13, the new Panamax 85,000 tons of bulk cargo "EMERALD
Another cargo ship caugh...
On December 9, the Houthis issued a statement saying that if food and medicine could not enter the Gaza Strip, any ship bound for Israel would become a "legitimate target" of the group's armed forces (regardless of nationality, regardless of whether the ship's ownership was linked to Israel). The group warned that all international shipping companies should avoid dealing with Israeli ports due to the safety of maritime navigation.
Sudden! All ships bound ...
On Saturday evening (December 9), local time, the Houthi armed forces in Yemen issued a statement stating that if food and medicine cannot enter the Gaza Strip, any ship heading to Israel will become a "legitimate target" of the organization's armed forces (without restrictions). nationality, regardless of whether the ownership of the vessel is related to Israel). The organization warned that all international shipping companies should avoid transactions with Israeli ports due to safety concerns
Suez Canal blocked again...
On December 6, a container ship with a capacity of 9,040 TEU called "One Orpheus" operated by Ocean Network (One) ran aground after a rudder failure caused it to lose control and hit a pontoon bridge.
Bomb! Chinese goods acco...
Recently, Chinese goods have been sold in South Korea through cross-border e-commerce platforms, and relevant logistics companies have become increasingly busy.
As tensions escalate in ...
If tensions in the Red Sea escalate, more container ships could be blocked. According to the latest report by Linerlytica on December 5, the intensification of attacks on ships in the Red Sea could cause 30% of the container fleet to become stranded and need to be diverted.
The future of liner tran...
According to Bimco, the supply of container shipping will far exceed demand in 2024 and 2025, which will put further pressure on freight rates and charter rates.
Finally ending a three-g...
The latest Shanghai export container Freight rate index (SCFI) ended three consecutive declines and began to rebound. The index gained 17.6 points to recover 1,010.81 points. The global shipping industry continues to cope with capacity cuts, with rates stabilizing during the off-season. Shipping companies will see their revenues and profits fall in the fourth quarter.
$67,000 profit per box? ...
On November 28, DK Butterfly1 Inc. filed a lawsuit with the U.S. Federal Maritime Commission (FMC) against Swiss-based MSC Mediterranean Shipping, alleging that the shipping giant violated the 1984 Shipping Act by profiteering during the pandemic, seeking up to $347 million in damages.
Will Hapag-Lloyd choose ...
According to the latest data from Alphaliner, Hapag-Lloyd ranks fifth in the top 100 shipping capacity of the world's liner companies, with 266 ships in operation and a total capacity of 1.968 million TEUs, of which 122 are owned and 144 are chartered.