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- Release on2023-02-16
- Due to the continuous impact of the sluggish cargo volume, the latest data of the Shanghai Export Containerized Freight Index (SCFI) has fallen below the 1,000-point confidence level and returned to the level before the outbreak of the epidemic in 2019. Freight rates on major European and American routes continued to drop. The US East and US West routes both fell by more than 5%, and the European route continued to fall by more than 3%....Read More>>
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- Release on2023-02-16
- Inflation has depressed consumer demand, with both container volumes and freight rates falling to three-year lows....Read More>>
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- Release on2023-02-14
- National express railways in operation are expected to reach more than 40,000 kilometers, while national highways will stand at 83,000 kilometers....Read More>>
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- Release on2023-02-14
- In each non-EU load port the transmission must be carried out no later than 24 hours prior to start of loading to the vessel bound for an EU port. To comply with this regulation carriers will require complete and correct shipping instructions. The documentation closing times will follow the same timelines as other “advance manifest” 24 Hour Rule locations such as USA, Canada or Mexico....Read More>>
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- Release on2023-02-13
- -Container Shipping Market-...Read More>>
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- Release on2023-02-13
- Sino-Russian bilateral trade hits new high...Read More>>
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- Release on2023-02-10
- It was handled very well even though it was a huge load. We expect that to continue...Read More>>
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- Release on2023-02-09
- Due to the strong demand and the shortage of shipping capacity, the hot car shipping market is beginning to attract shipping investment banks such as Hamburg Commerzbank to enter the market....Read More>>
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- Release on2023-02-09
- Rating agency Fitch pointed out that with the optimization and adjustment of China's epidemic prevention policy, the growth prospects of crude oil demand have improved. On the supply side, geopolitical conflicts have increased uncertainty, coupled with the slowdown in U.S. production growth, the further delay of the Iran nuclear agreement and OPEC's continued production restrictions, this year's crude oil supply growth will slow down significantly....Read More>>
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- Release on2023-02-07
- SHANGHAI-HEADQUARTERED COSCO Shipping Holdings said it would report a profit in the first-quarter, boosted by an improving market and cost savings from a recent merger....Read More>>
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- Release on2023-02-07
- The world’s first icebreaking liquefied natural gas (LNG) carrier has been delivered to its Russian owner, shipping company Sovcomflot, according to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME)....Read More>>
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- Release on2023-02-06
- Sunny worldwide Logistics, specialized in logistics for 20 years, is more than the owner of the goods....Read More>>
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- For under-reporting and concealing the falsified country of origin, freight forwarders and customs brokers may be held criminally liable and may be imprisoned for up to 20 years.
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