Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

Global Supply Chains Strained As Hanjin Collapse Spurs 800M Claims

The bankruptcy of Hanjin Shipping triggered massive claims of $800 million, revealing the fragility of the global supply chain. Terminal operators, shippers, and others suffered losses, leading to increased shipping prices and even impacting commercial real estate. This event serves as a warning for businesses to strengthen risk management and build more resilient, diversified supply chain systems. The industry also needs enhanced regulation to mitigate future disruptions and ensure stability in the face of potential shipping company failures.

01/19/2026 Logistics Industry Insights
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Exploring Sihanoukville Cambodias Modern Maritime Hub

Exploring Sihanoukville Cambodias Modern Maritime Hub

Sihanoukville Port is Cambodia's only modern commercial port, located in Sihanoukville, linking Singapore, Thailand, and Vietnam, and capable of accommodating various types of vessels. Its natural deep-water conditions and modern facilities provide strong support for international shipping, making it an important shipping hub.

07/24/2025 Port Encyclopedia
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Container Shipping Rates Surge A New Trend on Latin America Routes

Container Shipping Rates Surge A New Trend on Latin America Routes

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.

07/22/2025 Logistics
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CMA CGM Successfully Completes First LNG Fueling for Eco-friendly Shipping

CMA CGM Successfully Completes First LNG Fueling for Eco-friendly Shipping

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.

07/22/2025 Logistics
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CMA CGM Invests 11B in Mistral AI to Boost Shipping Tech

CMA CGM Invests 11B in Mistral AI to Boost Shipping Tech

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.

08/04/2025 Logistics
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Key Differences Between Air Waybills and Bills of Lading for Shipping

Key Differences Between Air Waybills and Bills of Lading for Shipping

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.

08/04/2025 Logistics Encyclopedia
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