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
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Hangzhou Airport Reports Record H1 Cargo Growth Amid Ecommerce Boom

Hangzhou Airport Reports Record H1 Cargo Growth Amid Ecommerce Boom

In the first half of the year, Hangzhou's airport port achieved an international cargo volume exceeding 110,000 tons, marking a year-on-year increase of 3.47%. Among this, the export cargo volume reached 97,500 tons, with cross-border e-commerce shipments accounting for over 60%, highlighting the new vitality of the region's economy.

08/07/2025 Logistics
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Jacksons Airport Key Entry Point to Papua New Guinea

Jacksons Airport Key Entry Point to Papua New Guinea

Jackson International Airport, located in Port Moresby, the capital of Papua New Guinea, is an important aviation hub in the South Pacific. With an elevation of 146 feet, the airport has the IATA code POM and the ICAO code AYPY, providing both domestic and international flight services, ensuring passenger comfort and safety.

Exploring Puerto Barrios Guatemalas Coastal Gem and Economic Gateway

Exploring Puerto Barrios Guatemalas Coastal Gem and Economic Gateway

Puerto Barrios is an important port city in eastern Guatemala, blending a rich history with diverse cultures. As the country's main trade route to the Caribbean, it showcases significant economic and tourism potential, attracting a growing number of visitors. Additionally, the modern facilities of Puerto Barrios offer further opportunities for its development.

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge has partnered with Scorpio Tankers to launch the shipping industry's first centrifugal carbon capture system (OCCS), implemented on the STI SPIGA oil tanker. This technology is modular, cost-effective, and significantly enhances capture efficiency, helping shipping companies gain a competitive edge in environmental sustainability and compliance.

08/07/2025 Logistics
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