Cosco Shipping Ports - A subsidiary of China COSCO Shipping group, specializing in investment activities in seaports around the world - acquired a 35% stake in Container Terminal Tollerort at the port of Hamburg, Germany.

According to Sea-Intelligence, a research and analysis company in the global supply chain industry, the average time that container ships at ports starts to increase sharply in the second half of 2020, extending into the first half of 2021.

CMA CGM shipping line has announced about the leak of some customer contact information including: first and last names, employer, position, business email address and phone number.

Congestion in the supply chain has led to an increase in the 'Sea-Air' mode of transportation, but many people fear that the sudden increase in shipping volume will cause further congestion.

The International Forwarders & Customs Brokers Association of Australia (IFCBAA) says shipping lines are giving priority to ocean bookings to forwarders that agree to use their landside logistics services.

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 37/2021.

Increasing market share is a new concern of shipping lines; freight rate freezes are seen as a precursor to a pricing war; Lack of space and equipment remains a major concern for shippers.

Hapag-Lloyd is the second container shipping company to stop increasing container freight rates, following the decision of CMA CGM shipping line.

Currently, the number of container ships moored waiting to enter the Port of Los Angeles and Long Beach (LA/LB) is nearly double the number of ships being docked.