Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

Potential Crisis in Container Shipping Market 500 New Ships Set to Enter Service

The container shipping market is facing a dual challenge of declining demand and rapid capacity growth. An estimated 5 million TEUs of new ships are expected to be delivered over the next two years, leading to the highest capacity growth in 20 years, while freight rates continue to plummet, increasing market risks. Although there remains a willingness to pay for some capacity, factors such as global economic slowdown and rising inflation create significant uncertainty for future trends. Industry experts warn that the sector must seek transformation under pressure to enhance competitiveness.

07/22/2023 Logistics Industry Insights
Read More
July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

In July 2024, China's export container transportation market showed stable improvement with an overall increase in freight rates, as the freight index for major routes generally rose. Despite ongoing challenges affecting the European and North American markets, port throughput has been trending upwards, and the ship leasing market remains active, demonstrating the resilience and potential of the container shipping market.

08/20/2024 Logistics Industry Insights
Read More
Exploring Seattle Port The Shipping Hub and Container Center of the West Coast

Exploring Seattle Port The Shipping Hub and Container Center of the West Coast

The Seattle Port, located in Washington State, is a crucial international trading port in the United States, connecting the West Coast with the Asia-Pacific region, handling an annual throughput of 20 million tons. The port consists of both inner and outer harbor sections, featuring multiple container and bulk cargo terminals, and possesses efficient intermodal transport capabilities, further solidifying its position as the closest port in North America to the Far East.

07/24/2025 Port Encyclopedia
Read More
South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
Read More
Global Sea Freight Challenges for Chlorine UN1017 Exports

Global Sea Freight Challenges for Chlorine UN1017 Exports

This article details the operational process of exporting chlorine (UN1017) via sea freight in full container loads. It covers key aspects such as selecting a shipping company, booking space, dangerous goods declaration cutoff, customs declaration and inspection. The aim is to help companies safely, compliantly, and efficiently complete the sea freight export of dangerous chemicals, avoiding unnecessary risks and losses. It provides a comprehensive guide to navigating the complexities of chlorine export by sea.

04/28/2024 Logistics Encyclopedia
Read More
Types and Specifications of Shipping Containers

Types and Specifications of Shipping Containers

There are various types of shipping containers, each with different specifications and loading capacities. A small container typically refers to a 20-foot container, while a large container refers to those 40 feet or longer. Common container types include standard containers, high-cube containers, open-top containers, frame containers, refrigerated containers, tank containers, and hanging garment containers.

07/18/2025 Logistics Encyclopedia
Read More
Busan Port Leads Northeast Asia Shipping Growth

Busan Port Leads Northeast Asia Shipping Growth

Busan Port, the sixth largest container hub in the world, is focused on expanding its infrastructure. Through the construction of new container terminals, integrated logistics complexes, and deep excavation projects, it aims to enhance international shipping capabilities and strengthen its position as a core container port in Northeast Asia.

08/05/2025 Port Encyclopedia
Read More
Air Freight Waivers for Fragile Goods Protection or Liability

Air Freight Waivers for Fragile Goods Protection or Liability

International air freight of fragile goods often requires a guarantee (air waybill guarantee) to transfer risk. The core of the guarantee lies in clarifying the division of responsibilities, but shippers still need to strengthen packaging to reduce damage. Guarantees are frequently needed for high-damage goods, LCL (Less than Container Load) shipments, and when carefully reviewing shipping routes. It is recommended to consult with professional logistics consultants and compare prices to choose a reliable channel. Proper packaging and route selection are crucial to minimizing potential damage during transit.

11/03/2025 Logistics Encyclopedia
Read More
Maritime Solutions for Global Cargo Transportation

Maritime Solutions for Global Cargo Transportation

This article discusses the significance of maritime transportation in global trade, emphasizing the flexibility and efficiency of container shipping. As businesses increasingly demand logistics services, choosing reliable shipping companies and appropriate logistics arrangements becomes crucial.

07/23/2025 Logistics
Read More