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NEWS & BLOG

LATEST NEWS ON LOGISTICS INDUSTRY

2022
DATE
03 - 11
ZIM Warning: Underreporting $15,000/Contianer! ONE Releases Dangerous Goods Cargo Guidelines for Shanghai Port Terminals
Once it is found that the product name information is concealed/missed and intentionally misreported, a liquidated damages of USD 15,000/Container and all other related costs will be imposed....
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2022
DATE
03 - 11
Profit of Nearly 90 Billion CNY! COSCO Shipping Holdings Released its 2021 Financial Results. Profits Straight After The Banks.
COSCO SHIPPING Holdings released a performance report on the evening of March 10. In 2021, its operating income will be 333.694 billion CNY, a year-on-year increase of 94.85%; its net profit will be 89.296 billion CNY, a year-on-year increase of 799.52%; its basic earnings per share will be 5.59 CNY.
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2022
DATE
03 - 10
Maersk Warning: Serious Delays! Adjusted Sailing Plan for 11 Ships; Free Storage Fees and Additional Sea Freight for War-affected Cargo
Maersk recently released an announcement on its official website, analyzing the impact of the current Russian-Ukrainian conflict on the global shipping market and further adjustments to its business .....
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2022
DATE
03 - 09
Early Warning: Hapag Lloyd is Experiencing a Phishing Attack
On 7 March, the official website of the German shipping liner Hapag-Lloyd announced that its IT security team had discovered that a copy of the company's website (a copy of website) had been the target of a spear phishing attack. This means that customers' web pages could be directed to the "copy of website" and that their personal access data could also be eavesdropped on by criminals when they log in.
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2022
DATE
03 - 09
MSC Would Like to Inform That Misdeclartion Fee as From 1 April 2022 to USD 3500/Container.
On March 8, MSC's official website issued an announcement that from April 1, 2022, there will be a All cargo adjusted export misdeclaration charges (CMD) increased to $3,500/container for all destinations.
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2022
DATE
03 - 08
2021 The Top 30 Container Ports. China Has 7 of World's Top 10 Ports.
Alphaliner announced the annual ranking of the top 30 global container ports in terms of throughput in 2021. Among the top 10 ports, 9 are from Asia, and 7 of them are from China: Shanghai Port, Ningbo Zhoushan Port, Shenzhen Port, Guangzhou Nansha Port, Qingdao Port, Tianjin Port and Hong Kong Port.
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2022
DATE
03 - 08
Russia Will Bombing of Odessa Port?! Suspended Shipping Area Expansion.
On the 6th local time, the French Presidential Palace said that on the same day, French President Macron and Russian President Vladimir Putin had a phone call. This is the fourth time the two sides have spoken on the phone since the conflict between Russia and Ukraine. The French presidency said .....
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2022
DATE
03 - 07
List of Shipping Lines' Arrangements for Stop Shipping Ports and Suspension of Shipments in Russia & Ukraine (Update Mar.3)
In recent days, as the situation in Russia and Ukraine has not eased, some ports in Europe have been congested, and the conflict has spread to the airspace and other issues. The shipping companies have supplemented and updated the sailing arrangements in Russia and Ukraine. The following is the late
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2022
DATE
03 - 07
Notice! Chittagong Port Announces Quadruple Fine for Long-delayed Containers, Effective March 15
It is reported that the Chittagong Port Authority said that it will levy four times the warehouse rent (store rent) for full container (FCL) goods that are stranded in the port yard for more than 21 days. The penalty will be imposed from March 15 as part of measures to free up space needed in the container yard, which is reportedly facing severe congestion as importers deliberately delay in picking up containers.
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2022
DATE
03 - 07
CMA Annual Earnings $17.9 Billion; Freezes Spot Freight Rates Until the End of June.
According to the shipping industry.com, CMA CGM invested a total of US$10 billion to expand the scale of its own and leased assets last year, and it is expected to invest an additional US$14 billion in 2022, including the previously announced acquisition of Los Angeles Fenix Marine Services Terminal, Ingram Micro International ( Ingram CLS) and a majority stake in the French courier company Colis Priv¨¦ Group. It is worth noting that CMA CGM announced to freeze spot freight rates until June 30, 2022.
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