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MSC, CMA and other major shipping companies have cancelled and closed routes one after another

MSC confirmed on the 28th that MSC will “take certain measures” to rebalance its capacity, starting with the suspension of a complete route service, as the demand from the United States and the West from China has “reduced significantly”. The major ocean carriers have so f... Read More

COSCO SHIPPING and Cainiao cooperate with the whole chain the first container arrives at the “overseas warehouse” of ZeebruggeBelgium

Recently, COSCO SHIPPING’s “CSCL SATURN” cargo ship departing from Yantian Port, China arrived at the Belgian port of Antwerp-Bruges for loading and unloading operations at CSP Zeebrugge Terminal. This batch of goods prepared for China’s “Double 11″ and “... Read More

The ranking of the world’s top 20 container ports is released, and China occupies 9 seats

Recently, Alphaliner announced the list of the top 20 container ports in the world from January to June 2022. Chinese ports account for nearly half, namely Shanghai Port (1), Ningbo Zhoushan Port (3), Shenzhen Port (4), Qingdao Port (5), Guangzhou Port (6), Tianjin Port (8), Hong Kong Port (10), ... Read More

Dubai to build new world-class superyacht refit and service center

Al Seer Marine, MB92 Group and P&O Marinas have signed a Memorandum of Understanding to form a joint venture to create the UAE’s first dedicated superyacht refit and repair facility. The new mega-shipyard in Dubai will offer world-class bespoke refits to superyacht owners. The yard is s... Read More

In 2022, the cumulative number of China-Europe trains has reached 10,000

Since the beginning of this year, the number of China-Europe trains has reached 10,000, and a total of 972,000 TEUs of goods have been sent, a year-on-year increase of 5%. The person in charge of the freight department of China National Railway Group Co., Ltd. introduced that the high-quality dev... Read More

More than 50 Russian companies have obtained certificates for exporting dairy products to China

Russian Satellite News Agency, Moscow, September 27. Artem Belov, general manager of the Russian National Union of Dairy Producers, said that more than 50 Russian companies have obtained certificates for exporting dairy products to China. China imports dairy products worth 12 billion yuan a year,... Read More

Sea Freight Drops Sharply, Market Panic

According to data from the Baltic Shipping Exchange, in January this year, the price of a 40-foot container on the China-US West Coast route was about $10,000, and in August it was about $4,000, a 60% drop from last year’s peak of $20,000. The average price fell by more than 80%. Even the price f... Read More

Freight rates plummeted! West America route Down 23% in a week! Zero and negative freight rates for Thailand-Vietnam route

Container freight rates continued to fall sharply, driven by port congestion and excess capacity and the widening gap between supply and demand caused by inflation. Freight rates, volumes and market demand on the trans-Pacific eastbound Asia-North America route continued to decline. The peak seas... Read More

What is the difference between open blind rivets and closed blind rivets?

Open-type blind rivets: the most widely used in the market, and the most common blind rivets. Among them, open-type oblate blind rivets are the most widely used, and countersunk head blind rivets are suitable for riveting occasions that require smooth performance. Closed blind rivet: It is a blin... Read More

Port of Felixstowe strike may last until year-end

The port of Felixstowe, which has been on strike for eight days from August 21, has yet to reach an agreement with port operator Hutchison Ports. Sharon Graham, secretary general of Unite, which represents striking workers, pointed out that if the felix Dock and Railway Company, the port operator... Read More

Freight rates continue to fall! The strike has begun

The container freight rate continued to fall. The latest Shanghai Container Freight Index (SCFI) was 3429.83 points, down 132.84 points from last week, or 3.73%, and has been steadily declining for ten consecutive weeks. In the latest issue, the freight rates of major routes continued to fall: l ... Read More

Charge again due to congestion! Maersk announces an import surcharge

At present, the situation in the Canadian ports of Prince Rupert and Vancouver continues to deteriorate, with record-breaking times for import containers. In response, CN Rail will take several steps to restore mobility to the transport network by establishing multiple bailout container yards to ... Read More
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