French shipping company CMA CGM has capped freight rates amid market turmoil, as the decision of the world's third largest container shipping group will affect the entire industry.The world's third largest container carrier said that spot freight rates for customers shipping cargo...
Taiwanese liner operator Evergreen Marine has taken delivery of the 23,992 TEU containership Ever Act built by Samsung Heavy Industries (SHI).Earlier, the Taiwanese shipping line signed an agreement to build and deliver a series of mega large container carriers. Ever Act will be the second vessel af...
Axalta announced that it has broken ground on new coatings facility in Jilin City, Jilin Province, China. The new 46,000-square-meter factory will produce high-performance mobility coatings, designed to meet the growing demand for coating applications for light vehicles, commercial vehicles, and aut...
On September 21, Hong Kong-listed terminal operator Cosco Shipping Ports Limited (CSPL) issued an announcement stating that Guolong, a wholly-owned subsidiary of the company, and Hamburger Hafen und Logistik (HHLA) have completed the acquisition of a 35% stake HHLA Container Terminal Tollerort (CTT)...
In August, the throughput of Shanghai Port hit a new monthly record high and posted a container volume of 4.318 million TEU.The new record surpassed the previous monthly container volume record of 4.2 million TEU in October 2020.In August, new port equipment was commissioned at the fourth phase of t...
On September 22, Sinopec, COSCO SHIPPING, and China Eastern Airlines jointly held China's first ship carbon-neutral crude oil cargo certification ceremony in Shanghai.The Shanghai Environment and Energy Exchange issued China's first carbon and oil certification to three companies. T...
According to Clarkson's research, newbuilding orders for container ships reached 5.6 million TEU at the end of the third quarter, a new order record. Since the fourth quarter of 2020, this boom has emerged. Recently, there have been concerns in the market that these new ships will cause over...
Da Chan Bay Terminal ushered in the new South American route ASE operated by Zim Shipping Services Co., Ltd. (ZIM), which provides a direct connection between South China and South America.With the new monthly service, exporters from Shenzhen and the Pearl River Delta can reach Santos in 32 days, It...
On the morning of September 28, the launch ceremony of the China-Europe Express was held at Minhang Station of Shanghai Railway. Loaded with 50 containers of cargo goods such as an apparel, glassware, auto parts, precision instruments and other things, the first Shanghai Express leaves China via the...
English
Русский
中文
