
Shipping Market Hit by Unexpected Chill: Risks and Opportunities Behind 10-Week Freight Rate Decline
The shipping market in March seems to have been struck by an unexpected cold snap. The Shanghai Containerized Freight Index (SCFI)

Maersk Announces Port Omissions! Some Vessels to Skip Shanghai/Ningbo Ports
Recently, Maersk issued a notice on its official website stating that, with the fog season approaching, it will implement key oper

The MSC container ship has been stranded for over a month, and the salvage operation has made new progress!
On March 21, COSCO SHIPPING Holdings Co., Ltd. released its 2024 annual report. In 2024, driven by the gradual recovery of global

The MSC container ship has been stranded for over a month, and the salvage operation has made new progress!
On February 15, the MSC Baltic III, a container ship (33,767 deadweight tons), ran aground near Wild Cove, Newfoundland. Due to it

Misdeclaration and Undeclaration! Customs Seizes 2 Containers, Confiscates Large Quantity of Goods Worth Approximately 95 Million!
Recently, the Bureau of Customs (BOC) in the Philippines confiscated 112,750 undeclared/misdeclared unregistered e-cigarette produ

Cargo Ship Explosion! 3 Injured, 1 Dead.
Recently, the Indian Navy and Coast Guard successfully conducted a rescue operation, saving 3 crew members from the Panama-flagged




