Container ship owner MPCC: Container charter market stabilizes.

2023-05-25

Shipowner MPCC, first quarter, performance, freight forwarding network.

Ships ASA, Container of the independent container owner MPC (hereinafter referred to as "MPCC" or the company), released unaudited financial results for the first quarter of 2023 on May 23.

HMM is buying......

2023-05-25

HMM, LNG, freight forwarding network

Recently, South Korea's largest liner company HMM participated in the acquisition of Hyundai LNG Shipping Company (Hyundai LNG Shipping) competition.

Just now, Dafei's subsidiary announced its withdrawal from the U.S. market.

2023-05-24

Dafei, subsidiary, United States, freight forwarding network.

Recently, CMA CGM Air Cargo, a subsidiary of CMA CGM Air Cargo, confirmed that the company has withdrawn from the US market and redeployed aircraft to Asian and Middle Eastern markets.

Focus on the EU tariff will be major reforms, 150 the European small goods duty-free clause will be canceled.

2023-05-24

EU, tax-free, terms, freight forwarding network.

Recently, the European Commission officially released a proposal to overhaul its customs framework, which will introduce a data-driven system to simplify procedures for traders.

Global port performance ranking released: Shenzhen fell behind, Guangzhou Ningbo stood still, Shanghai Yangshan won the world's first

2023-05-23

Global, port, performance, ranking, freight forwarding network.

In the global port performance ranking, Shanghai Yangshan Port stands out and ranks first among the 348 container ports in the world, rising three levels in a year, from fourth in the world in 2021 to the top...

Freight Forwarder News: ZIM Reports First Quarter 2023 Financial Results

2023-05-23

ZIM, first quarter, financial report, freight forwarding network.

Net loss in the first quarter of $580000 (net income of $71.12022 billion in the first quarter of 1 year), or $0.50 per diluted share [3](compared to $19.2022 per diluted share in the first quarter of 14)

America's largest shipping forwarder to lay off another 300 people!

2023-05-23

Freight forwarding company, layoffs, freight forwarding network.

C.H. Robinson Worldwide, the largest maritime freight forwarder in the United States (referred to as Robin Sheng), recently laid off another 300 employees. This is the second layoff in seven months after the company laid off 650 employees in November 202

Attention! Sea freight on this route has soared 24% in a single week.

2023-05-23

Australia and New Zealand routes, soaring, freight forwarding network

65% of the empty flights will occur on the trans-Pacific eastward route, 20% on the Asia-Nordic and Mediterranean routes, and 15% on the trans-Atlantic westward route.

$8 million! Star Shipping Leading Start-up Spinframe

2023-05-22

Star Shipping, Supply Chain, Digitalization, Freight Forwarder Network

Spinframe, an Israeli artificial intelligence start-up, has raised its first round of $8 million, and it's worth noting that ZIM, a shipping company, is also one of the investors.

The throughput of the two major ports in the United States and West fell by nearly 30% from January to April.

2023-05-22

West America, Long Beach, Los Angeles, throughput, freight forwarding network

In April, the Port of Los Angeles handled 688100 TEU of containers, down 22.45 percent year-on-year. Among them, imported heavy boxes fell 24.74 percent to 343700 TEU and exported heavy boxes fell 11.69 percent to 88200 TEU.

$2.65 million! ONE and Wanhai are punished by FMC! Payment of fines, refund of demurrage charges

2023-05-22

ONE,WHL,FMC Penalty, Freight Forwarder Network

ONE and Wanhai, two ocean shipping companies, committed misconduct, and the two shipping companies paid a total of $2.65 million in fines and refunded the demurrage fees collected.

Unprecedented! The world's first transportation company with capacity 5 million TEU is here! The new "ship boss" crazy expansion

2023-05-22

MSC, global, capacity, first, freight forwarding network

On the 18th, the shipping consulting company Alphaliner news that MSC will become the world's first container shipping company with 5 million TEU capacity later this month.

Just now, France's Dafei surpassed Maersk.

2023-05-19

Dafei, Maersk, Freight Forwarder Network.

Dafei officially announced that it won Bolloré Logistics (Bolloré Logistics), one of the world's top ten logistics companies, for $5.5 billion. France Dafei in the field of logistics, officially beyond the big brother Maersk!

COSCO sea control class rate ranked first in the industry!

2023-05-19

COSCO Sea Control, Quasi-shift Rate, Freight Forwarder Network

COSCO Sea Control through the optimization of the real industry chain to coordinate lean operations, to ensure the efficiency of the quasi-class rate service.

German government confirms approval of COSCO SHIPPING Port's acquisition of 24.99 stake in Hamburg Port's CTT terminal

2023-05-19

Germany, COSCO Shipping, Hamburg Port, Freight Forwarder Network

The German government confirms its approval for COSCO Shipping Port to acquire a 24.99 per cent stake in the CTT terminal of the Port of Hamburg, Germany, from Hamburg Port and Logistics AG (HHLA) in accordance with the approval issued by the German gove

Freight Forwarder Network News: Maersk Announces "Al Maha" Shipping Service Connecting Middle East and European Markets

2023-05-18

Maersk, Middle East-Europe, Service, Freight Forwarder Network

Improved service reliability, predictability and capacity for customers form the backbone of the new service.

Attention! The three major ports of Shenzhen Shekou, Chiwan and Mawan will use the unified customs area code 5304 from May 25.

2023-05-18

Shekou, Chiwan, Mawan, Code, Freight Forwarder Network

Western Port Area 5349 Customs Area Code Adjusted to 5304

Delay warning! Blocked! 5.16-5.21 days, many maritime military missions, etc.

2023-05-18

Air ban, exercises, freight forwarding network.

From May 16 to May 21, the Bohai Sea, the Yellow Sea, the South China Sea, the Beibu Gulf and other sea areas were banned due to military missions.

New Opportunities for the "Scattered and Collected" Track and the New Journey of Pan-Asian Shipping

2023-05-18

Domestic trade, "scattered collection", freight forwarding network.

In 2022, benefiting from a pick-up in domestic demand, the domestic container logistics industry will gradually recover on the supply side after experiencing capacity outflows.

The Sino-Russian port is blocked! Customs clearance car dragon nearly 10 kilometers, customs clearance time for several weeks

2023-05-17

China and Russia, Customs Clearance, Blocking, Freight Forwarding Network

It was reported on May 15 that with the substantial increase in the trade volume between China and Russia, the land ports connecting China and Russia have recently fallen into serious congestion.