Evergreen Marine has invested $3.25 billion to order 11 ultra-large LNG dual-fuel container ships, showcasing its foresight in the green transformation of shipping. In collaboration with Hanwha Ocean and Guangzhou Shipyard International, the company emphasizes environmental protection and economic efficiency.
BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.
Cainiao Smart Logistics continues to increase its investment in Xi'an Airport, launching four new European cargo routes with a planned 366 flights annually. This is expected to handle over 15,000 tons of international air cargo per year. Through increased flights, establishing local operations, and continuous investment, Cainiao Smart Logistics is helping Xi'an build an international air hub, promoting Shaanxi's export-oriented economy, and sharing in the development opportunities of the Belt and Road Initiative.
Yemen's Houthi rebels have announced a blockade of the Israeli port of Haifa, directly impacting shipping companies and cargo owners. This action is likely to lead to increased shipping costs, supply chain disruptions, and a reshaping of regional trade patterns. Businesses are advised to closely monitor the situation and develop risk management plans. The blockade poses a significant threat to maritime traffic and could further destabilize the already volatile region, potentially impacting global commerce.
This article provides a detailed analysis of the distance between China and Slovakia, outlining three transportation methods: air, land, and sea. Air travel requires transfers and takes approximately 12-18 hours. Land transport crosses the Eurasian continent, covering over 10,000 kilometers. Sea transport involves a voyage of 15,000 kilometers. The article also offers travel suggestions and answers to frequently asked questions, helping travelers plan their journey effectively.
This article focuses on the sea freight route from Shenzhen to major European ports, providing an in-depth analysis of Shenzhen Port's hub status, the characteristics of direct and transshipment routes, and the advantages of key European destination ports. It also examines the critical factors influencing freight rates and transit times. The aim is to offer companies a clear sea freight guide, facilitating efficient expansion into the European market. This aims to help businesses navigate the complexities of sea freight and optimize their supply chains for European trade.
This article provides a detailed analysis of travel time from China to Australia, comparing the duration of different transportation methods like airplanes and ships. It considers factors such as departure and destination locations, as well as weather conditions, to offer a comprehensive reference for readers planning their trips. The analysis aims to help travelers understand the time commitment involved in various travel options between China and Australia, enabling them to make informed decisions and optimize their itineraries.
Ocean Insights data reveals a sharp 37% month-on-month surge in global transshipment port congestion in December. Shipping companies are addressing the challenges by canceling sailings and expanding capacity. CMA CGM and ONE experienced the highest congestion rates. Experts emphasize the importance of efficiency. The shipping industry needs to optimize operations, strengthen collaboration, and promote digital solutions to collectively tackle supply chain bottlenecks.
This paper delves into the shipping time from Yantian Port to the US West Coast. It compares the time differences between Zim's expedited service, OA Alliance's expedited service, and regular ocean freight vessels. The analysis identifies key factors influencing shipping time, aiming to assist businesses in selecting the appropriate transportation method, optimizing supply chain management, and reducing logistics costs. The comparison provides insights into the trade-offs between speed and cost for different shipping options from Yantian to the US West Coast.
The Federal Maritime Commission (FMC) met with lawmakers to discuss alleged violations of the Shipping Act by ocean carriers. This stems from issues faced by U.S. exporters, including container shortages and detention and demurrage fees. The FMC is investigating these practices and may seek legislative support to strengthen regulation and modernize the Shipping Act. The focus is on ensuring fair practices within the container shipping industry and addressing concerns raised by American businesses regarding potential anti-competitive behavior and unfair charges.
