News

Long-term freight rates for Australia and New Zealand imports hit record levels

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of the container rate platform, Xeneta. In recent months the average...

US FMC releases its investigation results into the container carrier supply chain

Commissioner of the Federal Maritime Commission (FMC), a US government agency, Rebecca F. Dye has released her Final Report for Fact Finding 29, “The Effects of COVID-19 on the U.S. International Ocean Transpor...

Sri Lanka to collect shipping payments only in US dollars, aims to exceed US$100 million/year in revenue

Sri Lanka's newly appointed Cabinet Minister Ports and Shipping Hon. Premitha Bandara Tennakoon has decided to encourage shipping lines to pay Sri Lanka Ports Authority (SLPA) in US dollars. The minister...

Yang Ming receives another 11,000 TEU vessel

Yang Ming Marine Transport Corp. took delivery of one new 11,000 TEU container vessel today (27 April). The newbuilding, called YM Trophy, was built by Imabari Shipbuilding and is chartered from Imabari Ship...

Chinese ports exceed 43 million TEU in first two months of 2022

The container throughput of Chinese ports reached 43.6 million TEU during the first two months of the year, which translates to a 2.9% increase over the corresponding period of 2021. Additionally, the ov...

COSCO achieves strong financial performance in 2021

The Chinese shipping giant, COSCO Shipping Holdings has announced its financial results for 2021, with profit attributable to equity holders completing US$14 billion, which translates to a skyrocketin...

Three container berths in Xiamen open to foreign trade

The government of China's Fujian province has decided to open three container berths in Xiamen Port to foreign trade. The provincial government said that berths 4 to 6 in the Songyu sub-port, owned by Xiamen...

Port congestion balloons box rates on South Korea – Russia trade

The Japan International Freight Forwarders Association has announced that in 2021, container trade between South Korea and Russia has been sharply increased, mainly driven by the transportation of auto parts an...

Port of Felixstowe reaches 100 million TEU milestone

Hutchison Ports Port of Felixstowe has achieved a milestone by reaching the 100 million TEU mark since it handled its first container in the 1960s. The 100th million TEU was loaded at berth eight, the port's...

Port Klang’s box handling nears pre-pandemic level

Port Klang in Malaysia has handled 12.69 million TEU in January-November period, close to the volume it handled in the entire last year totaling 13.24 million TEU. The port authority expects that by the end ...

Container spot rates surge across major trades

Spot container freight rates have jumped by 30% over the last two weeks as demand rebounds ahead of the peak season....
Hapag-Lloyd launches real-time container tracking tool

Hapag-Lloyd has launched real-time container tracking on most of its nearly 3 million strong fleet. Michele L...
ONE delays restart of Asia – US East Coast service due to Red Sea crisis

Ocean Network Express (ONE) has postponed the reinstatement of its East Coast 4 (EC4) service connecting Asia and the ...
ONE sets out 2025 Transpacific service network

Ocean Network Express (ONE) to deploy 16 transpacific service starting from February 2025 as Hapag-Lloyd exits The A...
Port of Los Angeles container volumes up 60% in Feb

The Port of Los Angeles continued it bounce back in volumes handling 60% more containers in February 2024 than it di...

QUY ĐỊNH KHAI BÁO eMANIFEST CHO HÀNG ĐI CANADA

Ningbo-Zhoushan launches ship-to-ship LNG bunkering

Difference between telex release and express release

eManifest – New Regulations for shipments to Canada (effective January 4th, 2021)

Thuế nhập khẩu Giày từ Hà Lan

Basic process of customs procedures for imported goods