Maersk is preparing for takeoff despite the weak market!

2022-10-31

Markets weak, Maersk, take-off ready

Despite the recent weakness in the air freight market, Maersk is still preparing for the cargo plane to take off!

Just now, Ningbo Beilun announced the full resumption of normal epidemic prevention and control measures.

2022-10-31

Ningbo Beilun, full recovery, normalization of epidemic prevention and control measures

Last night (27th), Ningbo officially released the news-from 0:00 on October 28, Beilun District fully restored the normalization of epidemic prevention and control measures!

Continue to purchase! MSC to book more 8000TEU container ships

2022-10-31

Continue to purchase additional container ships, MSC, more than 8000TEU

According to reports, MSC may continue to expand its fleet, and the world's largest shipping company is seeking to order more container ships with a capacity of 8000TEU in the market.

Maersk, Dafei joint route plus Shekou port

2022-10-31

Maersk, Dafei, joint routes, plus Shekou Port

It is reported that Maersk and Dafei announced recently that they will add Shekou Port to their joint route service Safari/Shaka2, while canceling their affiliation to Hong Kong Port.

How much does the recession in Europe and the United States affect China's export orders?

2022-10-28

European and American economic recession, China's export orders

Competition and cooperation with Southeast Asia will become a key proposition for China. Despite the reduction in global aggregate demand, the structure of orders is also undergoing subtle changes.

The latest development of Shenzhen Freight Forwarders Association: members of the association hand over four sides: the introduction of the peak season protection plan, multi-measures to help domestic goods to go to sea.

2022-10-28

Shenzhen Freight Forwarders Association, Delivery Quartet, Peak Season Guarantee Plan, More Measures to Help Chinese Goods to Sea

"The whole peak season of this year, from November 1 to November 20, lasts for 20 days. Compared with previous years, the front line is lengthened, showing a double peak trend this year, and the total single volume is expected to increase to a certain ex

What happened to the shipping market?

2022-10-28

Container market, adjustment stage

The current shipping market is in the adjustment stage. Concerns about the global economy have affected market sentiment to a certain extent, leading to a decrease in market demand. With the relief of port congestion, charter rates have fallen.

MSC also wants to build ships! Build a series of 8000TEU ships

2022-10-28

MSC, Building 8000TEU Ship, World's Largest Container Company

According to the latest news, MSC, the world's largest container shipping company, which already has a huge number of container ship orders, is seeking to build a series of 8000TEU large container ships.

COSCO SHIPPING Port's acquisition of a minority stake in the German Port of Hamburg Container Terminal was approved by Germany.

2022-10-28

COSCO SHIPPING PORTS, ACQUISITION OF GERMANY HAMBURG, GERMANY APPROVES MINORITY

On the morning of October 26, local time, the German cabinet meeting approved COSCO Shipping Port to acquire a 24.9% stake in Hamburg CTT Container Terminal held by HHLA, the operator of Hamburg Port Terminal. Angela Titzrath, chairman of HHLA, welcomed

Haifeng International's revenue from its logistics business increased by 60.2 percent in the first three quarters of this year.

2022-10-27

Haifeng International, the first three quarters of this year, the collection of logistics, business revenue growth of 60.2

SITC International (SITC,HK1308) released unaudited results for the first three quarters of 2022 on October 24.

Airline Express! SITC SITC will add a direct flight to Chittagong! First voyage on November 9! Affiliation to Qingdao, Shanghai, Ningbo

2022-10-27

SITC Haifeng Shipping, New Jida Direct Flight, First Flight on November 9, Hanging Qingdao, Shanghai and Ningbo

In November, SITC Haifeng Jiyun will launch a new direct route CBX2 to Bangladesh's Chittagong, which will be linked to Qingdao, Shanghai and Ningbo. It will take only 14 days from Qingdao to Chittagong.

Are U.S. importers cutting orders too much to create the conditions for a rebound in the shipping market?

2022-10-27

U.S. importers, excessive order cuts, bullwhip effect, shipping market rebound?

The U.S. supply chain is in the throes of the "bullwhip effect. Importers overreacted to last year's congestion and increased consumer demand, importing large quantities of goods prematurely and are now mired in excess inventory. Will there be a bullwhip

Important reminder: import or production of electronic cigarettes will be subject to 36% consumption tax, implemented from November 2022

2022-10-27

The import or production of electronic cigarettes will be subject to a 36% consumption tax, which will be implemented from November 2022.

The official website of the Ministry of Finance issued a notice on the consumption tax on electronic cigarettes, which will be implemented from November 1.

Top 10 U.S. Container Port Throughput Rankings in 2021

2022-10-26

Top 10 U.S. Container Ports, by Throughput, 2021

Recently, the top ten container ports in the United States have been ranked in terms of container throughput in 2021, and the Port of Los Angeles has once again become the busiest container port in the United States.

Just now, the world's largest shipping company announced another acquisition.

2022-10-26

World's largest ship company, MSC Mediterranean, acquires Italian tug operator

Recently, MSC, the world's largest shipping company, announced its acquisition of Rimorchiatori Mediterranei, an Italian tugboat operator.

The world's largest LNG-powered cruise ship "MSC Mediterranean Europa" was officially delivered!

2022-10-26

The world's largest LNG-powered cruise ship, "MSC Mediterranean Europa", MSC Mediterranean Shipping Group

MSC Mediterranean Shipping Group's cruise business section celebrated the official delivery of the "MSC Mediterranean Europa" (MSC World Europa) with the French Atlantic Shipyard (Chantiers de l'Atlantique) on the 24th.

Cyclone storm approaching! The country's ports suspend operations

2022-10-26

Cyclone storm, port suspension, Chittagong, Mongela, Bangladesh coast

As cyclone Sitrang approached the coast of Bangladesh, Chittagong and Mongla announced that the handling of containers and bulk cargo at the ports would be suspended from the morning of Monday (October 24).

Just now, Shanghai Hong Kong Group has announced that from November 3 to 8, all luggage entry services must be reserved in advance.

2022-10-25

Shanghai Port Group, Important Notice, November 3-8, Booking for suitcase

Shanggang Group issued an important notice: due to the upgrade of Waigaoqiao port system, the total amount of box-carrying business needs to be controlled from November 3 to 8.

The latest development of Hamburg port! The mayor of Hamburg shouted: COSCO SHIPPING cannot be prevented from investing!

2022-10-25

Hamburg Port, Mayor of Hamburg, COSCO Shipping Investment

Several operators of the Port of Hamburg in Germany recently stated that they will transfer containers by water transportation to improve port congestion and cargo backlog. The Danish feeder operator UNIFEEDER said that from November 1, feeder vessels wi

Shocked! The future of the Mediterranean market facing a shortage of container ships?

2022-10-25

Mediterranean market, container ship shortage in the next few years?

Maritime Strategies International (MSI), a leading research and forecasting consultancy, recently said that the long average age of the Mediterranean feeder fleet could lead to shortages when new environmental regulations come into force.