The shadow of the strike at the East Coast ports is looming over the shipping industry, leading to an announced increase in container freight rates for shipments scheduled for January 2025. For companies unwill...
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...