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07/092024
This year, the number of...
A 2021 China-Europe freight train loaded with daily necessities, household appliances, clothing fabrics and other goods departed from Horgos, Xinjiang to Malaszewicze, Poland on the 6th.
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07/082024
Shipping giant: Red Sea ...
Maersk CEO Krzysztof Koch expects the third quarter of this year to also be affected by the Red Sea crisis.
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07/052024
EU plans to impose impor...
The European Commission will recommend removing the current 150 euro tax-free threshold later this month, according to the Financial Times. The main target platforms are Chinese e-commerce sites Temu and AliExpress, as well as clothing e-commerce platform Shein, an official said.
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07/022024
Maersk announces withdra...
There has been new progress in the sale of DB Schenker. According to the latest news, shipping giant A.P. Moeller-Maersk has withdrawn from this industry-renowned M&A battle.
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07/012024
Grab the high freight ra...
Freight rates are still rising, and shipping giants have recently shown unprecedented activity in the charter market, paying sky-high rents to seize market capacity in response to the increasingly tight shipping demand and the upcoming peak season. According to the latest news from Alphaliner, Maersk recently leased a 7,000TEU newbuilding from TS Lines, with a daily rent of up to US$150,000 for a period of three months, and it is expected to be delivered in October. This rent level set a record
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06/282024
Bank of China Russia Bra...
According to Russia's Kommersant newspaper, the Russian branch of the Bank of China will suspend business dealings with financial institutions on the US SDN sanctions list from June 24.
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06/252024
China-Europe Express tra...
The reporter learned from China Railway Harbin Bureau Group Co., Ltd. that as of
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06/242024
Freight rate increases s...
Recently, the freight rate trend in the shipping market has become a focus. A senior executive of an Asian shipping company revealed that the freight rate on the Mediterranean route was originally planned to rise to US$7,400 per LTU in the middle of this month, but the actual increase was only US$7,000, indicating that the freight rate on this route may have reached its peak.
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06/212024
$100,000 fine per contai...
Wan Hai Lines issued an updated announcement on June 20, reiterating that all customers must declare goods truthfully and correctly. For any false declaration of goods, such as concealment, omission, or misdeclaration, the carrier has the right to charge liquidated damages and deposits to the cargo owner in accordance with the agreement between the two parties when entering into the transportation contract.
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06/192024
Export to Russia Breakin...
Anyone who has done foreign trade in the Russian market in the past two years must have heard of VTB Bank. It is so popular now that it takes several months to queue up to open an account.
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