In Jan-Oct 2025, China's goods trade hit 37.31 trillion yuan (+3.6% YoY), with exports up 6.2% and imports stable. ASEAN/EU trade grew; integrated circuits, auto exports surged.
Recently, Ocean Network Express (ONE) announced the upgrade of its intra-Asia route KCS, adding a call at Haiphong Port in Vietnam.The port rotation of the upgraded KCS route is: Busan - Shanghai - Xiamen - Singapore - Port Klang - Laem Chabang - Haiphong - Shekou - Busan.Regarding this upgrade, ONE
Hundreds of Chittagong workers held a hunger strike against leasing NCT terminal to DP World. Supported by SKOP and BOGSOA, they warn of national strikes. The plan, once for modernization, becomes a political transition conflict.
US West Coast freight rates doubled in a month (SCFI up 10.5%) on China-US trade truce and shipping companies¡¯ capacity control. However, weak demand and oversupply persist; 2026 rates are expected to drop 25%.
COSCO SHIPPING launches JTV Route (Japan-Thailand-Vietnam) with Oct 28 maiden voyage. It offers direct services, shortens transit time, enhances Yangpu¡¯s hub role, and optimizes the Asia regional shipping network.
US signs trade/critical mineral deals with 4 SEA nations. Tariffs on some goods to zero; Vietnam to narrow $123B surplus. Thailand buys $18.8B US aircraft; SEA eases US market access.
Nearly 100 sailings canceled; Asia-Europe/Trans-Pacific routes hit hardest (8% cancellation rate). Oct WCI up 3% to $1746/FEU; Red Sea risks add pressure. Nov capacity may recover.
Maersk imposes fines for dangerous goods misdeclaration: $5k/BOL globally, $15k/container in China. Shippers & consignees are jointly liable to enhance supply chain safety.
On October 22, Ocean Network Express (ONE) issued a notice on the "New Mandatory Document Submission Regulations for Lithium Battery Dangerous Goods at Ningbo Port". The new regulations took effect immediately upon issuance.ONE released this notice to emphasize the important update made by Ningbo Ma
