Breaking news! CMA CGM c...
On Sunday (August 4), the Yemeni Houthi rebels claimed responsibility for the attack on the MV Groton cargo ship in the Gulf of Aden and confirmed that they had successfully shot down a US MQ-9 drone over Saada Province in northern Yemen. The attack marked the first time that the Houthis had publicly claimed responsibility for such an action since Israel launched a retaliatory airstrike against the Houthis in the port of Hodeidah on July 20.
Lithium batteries again!...
Recently, a container caught fire at a dock in Yantian District, Shenzhen.
Russian railway network ...
Russian Railway Network Refrigerated Container Traffic Continues to GrowLast yea
As US sanctions intensif...
Until recently, China's automotive exports to Russia continued to grow. According to data from the General Administration of Customs of China, in the first half of 2024, China's light passenger car exports to Russia increased by 35.4%, worth $6.2 billion. Truck exports to Russia fell by 24% to $1.3 billion, but this was not enough to negate the overall positive trend of Sino-Russian automotive trade in the first half of the year.
Ports are congested and ...
The Chittagong port is seriously congested, with nearly 40,000 containers piled up and importers facing high demurrage charges. The Federation of Bangladesh Chambers of Commerce and Industry and the Chittagong Chamber of Commerce and Industry called on the government to waive fees to reduce the burden on businesses. Currently, the port yard space is almost saturated and operations are hampered.
Payment settlements betw...
According to Russian industry sources, the average payment time between Russia a
Refusing to load, abando...
Recently, the U.S. Federal Maritime Commission (FMC) issued a final rule on the unreasonable refusal of booking by shipping companies, which will take effect on September 23, 2024. The new rules aim to prohibit shipping companies from ignoring contracts, unreasonably refusing to load cargo, arbitrarily abandoning containers, and refusing to negotiate contract terms with customers for space, providing more protection for cargo owners.
Two categories of Chines...
BiodieselThe EU plans to impose temporary special tariffs on biodiesel from Chin
Big news! The shipping i...
Shipping analyst Lars Jensen warned that if Trump is re-elected as US president, it may lead to higher tariffs, changes in trade patterns and weakening of US protection of Red Sea shipping, which will increase uncertainty and risks in the global shipping industry.
Latest news
The China-Europe express train from Qom, Iran to Yiwu, Zhejiang Province has rea