Response Measures After Barge Delay

Response Measures After Barge Delay

In freight operations, if the barge is missed, appropriate measures must be taken based on the situation to ensure the smooth arrival of goods. There are three main scenarios: handling changes in ship name and voyage, default processing without a name change, and needing to reschedule the barge. Regardless of the situation, the unloading operations in Shanghai will not be affected.

07/17/2025 Logistics
Read More
Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean Expands Fleet Size with Strategic Investment Plan

Ningbo Ocean recently announced an investment of $278 million to build four 4,300 TEU new container ships, currently selecting a shipyard through a bidding process. The company has also placed an order for four 2,700 TEU ships with Huangpu Wenchong, expected to be delivered in 2027. This initiative will enhance its global capacity and market competitiveness.

06/26/2025 Logistics
Read More
Walmart's New Chapter in the Chinese Market Strategy

Walmart's New Chapter in the Chinese Market Strategy

Walmart's sustained investment in the Chinese market highlights the significance of its global e-commerce strategy. By establishing multiple local offices, Walmart actively explores the potential of Chinese industrial hubs and supports local merchants in expanding into the global market. Alongside a significant increase in the number of active sellers, Walmart has launched new seller incentive programs.

06/26/2025 Logistics
Read More
Auckland Port Sees Steady Increase in Container Throughput for May

Auckland Port Sees Steady Increase in Container Throughput for May

Oakland Port maintained stable container throughput in May at 187,389 TEUs, showing a slight year-on-year decrease but a month-on-month increase. Export loads rose 4% monthly and 8.7% annually, driven by agricultural and refrigerated cargo. Despite lower empty container movements, overall operations remained unaffected. The port noted global trade uncertainties haven't weakened core demand resilience.

06/23/2025 Logistics
Read More
Middle East Tensions Escalate: Freight Market Volatile

Middle East Tensions Escalate: Freight Market Volatile

Tensions in the Middle East have sharply escalated due to the potential U.S. military strikes on Iran. The freight market has reacted swiftly, with significant increases in VLCC and LR2 freight rates, alongside soaring insurance costs. The international community urges for a peaceful resolution to the conflict to prevent the situation from spiraling out of control.

06/23/2025 Logistics
Read More
July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

Global shipping markets face sharp shifts this July, with European route rates hitting record highs due to capacity reallocation and port congestion, while US West Coast rates drop amid oversupply and weak demand. Carriers' pricing updates confirm this divergence, urging shippers and forwarders to monitor trends closely for upcoming volatility.

06/20/2025 Logistics
Read More
Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Norway's Eitzen Group plans to build the world's largest all-electric container ship, receiving approximately $19 million in government support. This vessel will be equipped with over 100 megawatt-hours of batteries and will focus on transportation between Norway, Sweden, and Germany. This initiative marks a new phase in electric shipping, heralding a future for sustainable development. The current largest electric container ship is COSCO's 'Greenwater 01'.

06/18/2025 Logistics
Read More
Australia Imposes Sanctions on Russian Oil Tankers

Australia Imposes Sanctions on Russian Oil Tankers

On June 18, Australia announced sanctions on 60 Russian oil tankers, marking a direct action against the 'shadow fleet' aimed at countering Russia's efforts to evade international sanctions through unofficial channels. The sanctions target deceptive practices and aim to maintain pressure regarding the Ukraine conflict. Since 2022, Australia has imposed over 1,400 sanctions on Russia, reflecting Western countries' tightening policies on Russian energy transactions.

06/23/2025 Logistics
Read More