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SCFI rates fell for the sixth week, with U.S. routes down over 17%. Europe routes face "rate inversion," and March rate hikes show limited impact. Further hikes are expected in April-June, potentially stabilizing rates.

Direct clients prefer freight forwarders over shipping lines for one-stop services, cost advantages, slot guarantees, and risk management. Large clients or industries with high supply chain control may contact shipping lines directly, but forwarders remain vital in global logistics.

A shipment of Chilean cherries at Nansha Port faces escalating risks of port detention due to stringent inspection protocols. The Chilean Fruit Cherry Committee confirmed that the large cargo volume has extended port clearance procedures by several days. Customs authorities have completed full inspections on 10 containers, identifying critical flaws in cold chain logistics, with all shipments pending laboratory analysis. This incident may lead to large-scale cargo detention or partial destruction. Emergency negotiations among Maersk Line, consignees, and Chinese customs remain inconclusive. The delays deliver a dual blow to Chile's cherry industry: while 2024/25 exports to China are projected to hit a record 17,000 containers, the "Maersk Saltoro" vessel's schedule disruption threatens to miss the Spring Festival sales peak, exposing vulnerabilities in global perishable supply chains.

CMA CGM launched BIGEX 3 and BIGEX 4 to enhance India-Middle East-Red Sea connectivity, with inaugural sailings on Feb 23 and 25. Following Hapag-Lloyd¡¯s ¡°Gemini¡± alliance with Maersk, CMA CGM terminated their VSA and is independently redefining its India growth strategy.

ONE launches the VCX service connecting South China and Vietnam, starting April 16. Operating weekly with a 14-day round-trip, the route links Ho Chi Minh City, Haiphong, Nansha, and Hong Kong, offering a 5-day transit from Ho Chi Minh to Nansha, enhancing trade efficiency.

The global ranking of the top ten container ports has welcomed a new contender. In 2024, Port Klang achieved a record-breaking throughput of 14.64 million TEUs (twenty-foot equivalent units), marking a 4.1% year-on-year increase. This milestone positions the Malaysian port to potentially enter the g

The container shipping market has recently seen a wave of collective rate hikes by liner companies for March. Major carriers, including Maersk, MSC, CMA CGM, Hapag-Lloyd, and Wan Hai, have announced adjustments to freight rates on routes covering Europe, North America, Africa, the Middle East, South Asia, and intra-Asia. Maersk raised Europe-bound rates to 2,600/TEU and 4,000/FEU, while Hapag-Lloyd increased rates on multiple routes. MSC and Wan Hai also issued rate hike notices. These adjustments have driven a strong performance in the Europe Container Index (EC) futures market, but significant resistance is expected due to declining cargo volumes on major routes and uncertainties in the Middle East. The launch of the ¡°Gemini¡± alliance between Maersk and Hapag-Lloyd has reduced market concentration, potentially intensifying competition. Global container shipping supply is projected to grow by 5.4%, exceeding annual demand growth of 2%¨C3%, further pressuring rates.

Recently, shipping companies have begun to announce a new round of freight rate adjustment plans for January 2025. Maersk, CMA, HMM and other shipping companies have successively adjusted the rates of some routes, involving the Mediterranean, the Philippines, Africa, the Middle East, the US line, et

Leveraging the scale of the fresh flower industry, Yunnan's eternal flowers have also shown outstanding export performance. Eternal flowers are created by dehydrating, decolorizing, drying, and dyeing fresh cut flowers through a series of complex processes. They can be preserved for a long time, and

DestinationKingston/Caucedo/CatagenaPort Of SpainPuerto Barrios/BarranquillaAltamira/VeracruzRio hainaPuerto LimonPuerto CortesGeorgetownParamariboASIA ORIGIN20'40'GP40'HC20'40'GP40'HC20'40'GP40'HC20'40'GP40'HC20'40'GP40'HC20'40'GP40'HCChinaShenzhen$4,650$4,900$4,900$4,850$5,100$5,100$4,950$5,200$5