On December 19, US MP introduced a bill called the SHIPS for America Act, which requires that some goods imported from China must be shipped on US-flag vessels starting from 2029.
On December 13, the Shanghai Shipping Exchange released the Shanghai Export Containerized Freight Index at 2384.40 points, up 5.7% from the previous period. Among them, the market freight rates for the tw...
In the early hours of December 3 local time, about 14 kilometers southeast of the port of Algeciras near the Strait of Gibraltar,The HMM St Petersburg, a very large container ship owned by HMM, collided...
On the 29th, the latest Shanghai container export freight index SCFI showed an upward trend, an increase of 3.41%, ending two consecutive weeks of decline. This increase was mainly driven by the strong Euro...
Freight rates on the U.S. West Coast have continued to drop by 8.61%, primarily due to an oversupply of capacity. This trend has also weighed on the Shanghai Export Containerized Freight Index (SCFI), wh...
Recently, freight has entered the off-season, and the reduction in cargo volume is difficult to support freight rates. The Shanghai export freight Index (SCFI) fell 3.41% to 2,251.9 points on the 15th, ending a t...