Tianjin Port, located at the mouth of the Haihe River in Tianjin, is the largest comprehensive port in Northern China. The deep-water main channel can accommodate vessels of 300,000 tons. As a significant hub for foreign trade, its cargo throughput exceeded 500 million tons in 2013, continually driving regional economic development.
Lianyungang Port, an important port for foreign trade in the Midwest, aims to play a larger role in global trade due to its advantageous geographical location and diverse functional layout. The port plans to develop a layout of 'one body and two wings,' with an expected throughput of 190 million tons by 2020.
Shenzhen Port, located in Guangdong Province, is a crucial container port in southern China, with a steady increase in cargo and container throughput in recent years. Equipped with a modern navigation management system, it ensures safe and efficient vessel operations. Its developed transportation network fosters the integration of regional economy and international trade.
FedEx has introduced an innovative service selling imported empty container capacity to shippers, helping them bypass congested ports and save transit time. This move aims to alleviate supply chain bottlenecks and improve port throughput. Simultaneously, measures such as extended port operating hours, clearing empty containers, and considering demurrage fees are gradually improving congestion.
Recently, container freight rates on routes from Shanghai to Latin America have seen a significant increase, with rates from Shanghai to the Port of Santos reaching a historical high. This week, rates surged by 26%, reaching $3,646 per FEU. The phenomenon of vessel suspensions has led to increased profits for shipping companies, and regulators are beginning to pay attention to these changes, calling for companies to standardize their pricing management, although specific interventions regarding rates in Latin America remain uncertain.
CMA CGM successfully completed the first fuel bunkering for its first LNG-powered vessel, Containerships Nord, at the Port of Rotterdam. This marks an important step for the group in the field of green shipping. By using liquefied natural gas as fuel, it is expected to significantly reduce greenhouse gas emissions and promote eco-friendly transport. In the future, the group will receive more LNG-powered vessels.
This article delves into the role of international freight forwarders in maritime transportation, unveiling the complexities of sea shipping. It covers the responsibilities and costs associated with carriers, shippers, and consignees, providing a comprehensive understanding of the intricacies involved in the operation of international logistics.
CMA CGM has partnered with Mistral AI to invest $110 million, aiming to enhance customer experience and efficiency in shipping and logistics through artificial intelligence. This collaboration marks a decisive step in the industry's transformation towards intelligence, promoting the application and development of generative AI within the sector.
This article deeply analyzes the differences and characteristics between international air waybills and sea bills of lading. It covers aspects such as nature, transferability, speed of transport, format, and risk assumption. The aim is to assist decision-makers in foreign trade logistics in choosing the appropriate transportation method, thereby improving logistics efficiency and cargo security.
COSCO Shipping recently named a new LNG RoRo vessel, "Chengkangkou," in Xiamen. The ship is 199.9 meters long, has 13 decks, and can carry a maximum of 7,500 vehicles, with an expected carbon emission reduction of 27%. The plan is to expand the fleet to 30 vessels in the future, promoting green shipping initiatives.
