Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

COSCO Shipping's acquisition of a 24.9% stake in the Container Terminal Tollerort (CTT) at the Port of Hamburg has been approved. This adjusted equity ratio reflects Germany's balancing act between economic cooperation and national security. As a vital European hub, the Port of Hamburg is a key component of COSCO Shipping's global strategy, facilitating European market expansion and promoting Sino-European trade. This event highlights the complexities of Sino-European economic relations and the shared challenge of deepening cooperation while ensuring security.

02/11/2026 Logistics
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COSCO Shipping Boosts Green and Smart Fleet Upgrades

COSCO Shipping Boosts Green and Smart Fleet Upgrades

COSCO Shipping Holdings invests 20 billion to build 12 methanol dual-fuel container ships, actively responding to the green and low-carbon initiative. Simultaneously, it strategically invests in Shanghai International Port Group and Guangzhou Port to optimize the end-to-end supply chain layout. The company's revenue and profits have significantly increased in the first three quarters. COSCO is accelerating its transformation into a global digital supply chain operation and investment platform, providing customers with higher-quality integrated logistics solutions.

02/11/2026 Logistics Industry Insights
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Huangpu Wenchong Delivers Two 2700 TEU Ships to CK Line

Huangpu Wenchong Delivers Two 2700 TEU Ships to CK Line

Huangpu Wenchong delivered two 2700TEU container ships to CK Line of South Korea on the same day, marking significant progress in their cooperation. This type of vessel is well-received in the market for its excellent performance and environmental protection features. Huangpu Wenchong has won high recognition from customers for its excellent construction technology and service. This delivery reflects the fruitful results of sincere cooperation among all parties and demonstrates Huangpu Wenchong's determination to continuously improve its ship construction level.

02/11/2026 Logistics
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Seabay Invests 153M to Expand Fleet Strengthen Asia Shipping Dominance

Seabay Invests 153M to Expand Fleet Strengthen Asia Shipping Dominance

SITC International has invested $153 million to order four container ships, aiming to expand its owned fleet and meet the growing transportation demand in the Asian market. Including previously effective orders, SITC's order book has increased to 14 vessels, totaling 28,800 TEU. This further strengthens its leading position among global liner companies and injects new momentum into the prosperous development of the Asian shipping market. The expansion demonstrates SITC's commitment to serving the region's increasing trade volumes and maintaining its competitive edge.

02/11/2026 Logistics
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Long Beach Port Adopts Unconventional Fixes to Ease West Coast Congestion

Long Beach Port Adopts Unconventional Fixes to Ease West Coast Congestion

The Ports of Los Angeles and Long Beach have again postponed consideration of the container detention fee, but the policy's 'deterrent effect' is already evident, with a significant decrease in the number of backlogged goods at terminals. The Port of Long Beach has effectively alleviated congestion through 'unconventional' measures such as activating inland spaces and extending operating hours. The future direction of the detention fee remains dependent on port congestion and may become a long-term tool for addressing supply chain challenges.

02/12/2026 Logistics
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South Carolina Ports CEO Melvin Outlines Infrastructure Shipping Vision

South Carolina Ports CEO Melvin Outlines Infrastructure Shipping Vision

In an interview, Barbara Melvin, the new President and CEO of the South Carolina Ports Authority (SCPA), shared her insights on current import drivers, port infrastructure development, and the impact of the pandemic on container shipping. SCPA is actively pursuing port expansion, digital transformation, and supply chain diversification, aiming to become one of the most competitive ports in the United States. The focus is on enhancing capacity and resilience to better serve customers and navigate the evolving global trade landscape.

02/12/2026 Logistics Industry Insights
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DHL Launches Costcutting Chinajapan Multimodal Service

DHL Launches Costcutting Chinajapan Multimodal Service

DHL Global Forwarding launched a multimodal transport service between China and Japan, integrating waterway, railway, and road resources. This solution achieves a 60% cost reduction, a 3-day transit time improvement, and a 92% reduction in carbon emissions. Covering multiple economic regions in China, the service utilizes 12-foot containers and offers flexible, efficient, and environmentally friendly logistics solutions. DHL particularly sees potential in the fashion, apparel, and automotive industries and plans to introduce less-than-container load (LCL) services in the future.

02/12/2026 Logistics
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UN3536 Guide for Shipping Lithium Battery Storage Containers

UN3536 Guide for Shipping Lithium Battery Storage Containers

This article provides a detailed interpretation of UN3536 regulations concerning the sea freight export of lithium battery energy storage containers. It focuses on the key requirements for exporting SOC (State of Charge) battery energy storage cabinets, including UN38.3 testing, classification and packaging, and dangerous goods declaration. The aim is to assist companies in achieving compliant and safe export practices. The article covers essential aspects to ensure adherence to international shipping regulations and minimize risks associated with transporting lithium battery energy storage systems by sea.

08/21/2025 Logistics Encyclopedia
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New Guide Simplifies Verified Gross Mass VGM Shipping Rules

New Guide Simplifies Verified Gross Mass VGM Shipping Rules

This article explains how to independently submit Verified Gross Mass (VGM) through the "Order Folder," detailing the submission steps and parties authorized to submit VGM. It also provides links to VGM-related information. The aim is to help shippers complete VGM declarations more conveniently, ensuring the safe and compliant transportation of goods. By streamlining the process, shippers can easily adhere to regulations and avoid potential delays or penalties associated with non-compliance. This guide offers a practical approach to VGM submission for those involved in container shipping.

09/28/2025 Logistics Encyclopedia
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