The global shipping industry is facing a severe challenge with a surplus of empty containers. Data indicates a surge in empty container numbers, while declining consumer demand and a fragile economic recovery are exacerbating storage pressures. Industry experts suggest that the future market environment will be more challenging, and shipping strategies need to be adjusted in a timely manner.
The recent developments in U.S. sanctions against Iran have raised new concerns, as four Chinese shipping companies were added to the sanctions list for alleged illegal oil trading, facing severe penalties that affect the global shipping market. The international community has expressed concerns over America's unilateral sanctions and is calling for dialogue to resolve the issues.
A Packing List (PL) is a crucial tool for customs declaration, detailing the quantity, weight, and number of cartons of transported goods. The content must align with the commercial invoice to ensure efficient shipping and customs clearance. An accurate packing list helps reduce delays and unforeseen issues during the shipping process, enhancing the smoothness of international trade.
Guangdong Zhongyuan Shipping Heavy Industry successfully completed its first desulfurization tower modification project, enhancing the environmental performance of the 'Xinhui' vessel. The modification was smoothly executed amid challenges, strengthening the company's competitiveness in the ship repair and modification market and effectively meeting international emission standards. The company will continue to promote green shipping and sustainable development in the future.
This article explores the positive impact of the Belt and Road Initiative on the global shipping industry, emphasizing the importance of infrastructure connectivity and new opportunities for agricultural development. As a key node in the international shipping center, Guangzhou is expected to play a more crucial role in the future global economy by enhancing logistics efficiency and intelligent services.
The Port of Seattle is a crucial hub for international trade, with its infrastructure and operational efficiency significantly affecting shipping. The port's monitoring systems ensure smooth operations, while Terminal 91 offers various water transportation services. Therefore, inquiring about shipping fees is essential for businesses to obtain suitable quotes, which in turn promotes the growth of international trade.
Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
This article provides a detailed guide on how to ship mooncakes to Qatar, covering key aspects such as shipping method selection, material preparation, and important considerations. It offers practical advice regarding Qatar customs regulations, packaging requirements, and shipping times. This guide aims to help those living abroad convey their homesickness and festive spirit during the Mid-Autumn Festival.
Logistics cost analysis is crucial for effective supply chain management. This article presents several key metrics, including logistics cost to sales ratio, logistics cost to operating expenses ratio, and logistics function cost ratio. These ratios assist businesses in assessing the proportion of logistics costs relative to total operating expenses and sales, thereby promoting the rationalization of logistics and cost control.
CMA CGM Group announced that starting May 20, 2025, it will implement a peak season surcharge on the China-Kenya route. The surcharge will be $150 per TEU for the central and southern regions, and $200 per TEU for the northern region. This measure is aimed at addressing rising operating costs, prompting shippers to reasonably adjust their logistics costs and transportation plans.
