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china latest news about International Shipping Announces Opening of a New Route

International Shipping Announces Opening of a New Route

April 27, 2025

Recently, an international shipping company announced the opening of a new container route connecting Shanghai, China and Santos, Brazil. It is planned to set sail from Shanghai Port on May 14, forming a 77 day circular route of Shanghai-Shekou-Vung Tau-Singapore-Santos-Singapore-Shanghai, providing ...
china latest news about Price hikes! Tariffs on hold, peak shipping season?

Price hikes! Tariffs on hold, peak shipping season?

April 22, 2025

Affected by the Trump administration's tariff policy, the US import container market is showing a differentiation trend. In early April, US import bookings plummeted due to tariff uncertainty, but with the implementation of the 90-day global tariff "ceasefire", non-Chinese cargo bookings rebounded ...
china latest news about Los Angeles Port throughput may drop by 10% in the second half of the year

Los Angeles Port throughput may drop by 10% in the second half of the year

April 9, 2025

According to US media reports, due to the US reciprocal tariffs that caused loading several months in advance and rising import prices, the container throughput of the Port of Los Angeles is expected to decline by 10% in the second half of this year. Previously, the port's cargo volume was strong ...
china latest news about Seven Asian liner companies open new Asia-Mexico route

Seven Asian liner companies open new Asia-Mexico route

March 24, 2025

According to foreign media reports, as China-Mexico trade continues to grow, seven Asian container liner companies jointly launched a new Asia-Mexico route. The companies involved in the operation include Sinotrans Container Lines, TS Lines, and Hailing Shipping. The route provides services every ...
china latest news about Port of Rotterdam upgrades plans for Red Sea navigation

Port of Rotterdam upgrades plans for Red Sea navigation

March 11, 2025

The Red Sea is an important waterway connecting the Mediterranean and the Indian Ocean. After the resumption of navigation, the capacity and freight rates will be affected by many factors and change accordingly. Capacity changes Short-term rapid recovery: During the period when the Red Sea route was ...
china latest news about Freight forwarding companies, please pay attention! Freight rates on two major routes have been adjusted

Freight forwarding companies, please pay attention! Freight rates on two major routes have been adjusted

February 19, 2025

Recently, Hapag-Lloyd announced on its official website that it will increase the FAK rate between the Far East and Europe, and impose a General Rate Increase Surcharge (GRI) on goods shipped from Asia/Oceania to Africa. 1. Far East and Europe routes: Hapag-Lloyd plans to increase the FAK rate ...
china latest news about Indian government adjusts tariffs on imports

Indian government adjusts tariffs on imports

February 10, 2025

The Indian government recently announced tariff adjustments on 32 categories of imported goods, including reducing the basic tax rate and introducing an additional tax called AIDC. The highest basic tariff was reduced from 150% to 70%, and the average tax rate was reduced from 13% to below 11%. ...
china latest news about Embarrassing! Panama Canal restrictions lifted, ship traffic...

Embarrassing! Panama Canal restrictions lifted, ship traffic...

January 20, 2025

Recently, the Panama Canal has become a hot spot in the shipping industry, and Trump's remarks have attracted attention. Previously, drought caused restrictions on traffic. Although it has been lifted, the traffic volume has not met expectations, and a large number of ships have not returned. ACP ...
china latest news about Record-breaking! Last year, new ship orders reached 4.4 million TEUs

Record-breaking! Last year, new ship orders reached 4.4 million TEUs

January 7, 2025

In 2024, global container ship orders reached 4.4 million TEUs, a record high, surpassing 4.2 million TEUs in 2021. The new ship market is booming and supply is surging. The container fleet grew by 10.6% throughout the year, with capacity increasing by nearly 3 million TEUs, more than half of which ...
china latest news about The global container fleet has an idle rate of less than 1%, with only 58 vessels idle!

The global container fleet has an idle rate of less than 1%, with only 58 vessels idle!

December 31, 2024

Container shipping performed strongly in 2024, and the global commercial idle container fleet is at a very low level. Currently, only 58 ships with a total capacity of 200,002TEU are in commercial idle state, accounting for 0.6% of the global fleet of 30 million TEU. The approaching Chinese New Year ...