Evergreen Marine Corporation has ordered 24 container ships with Chinese shipbuilder CSSC Huangpu Wenchong Shipbuilding.

CAx data reveals 60% increase in the inbound outbound ratio at the ports of US West Coast, surpassing the pre-covid levels, indicating that there is excessive stress on the ports.

With the rapid increase in consumer and industrial demand, the volume of imported goods of this country increased exponentially. US ports are currently facing their worst congestion ever.

The port of Chittagong's container handling activity increased sharply in August compared to July as global trade recovered.

Importers and exporters are facing a deadlocked container shipping market as shipping capacity has not kept pace with demand and escalation of freight rates are beyond the reach of many SMEs.

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 35/2021.

Shanghai International Port (SIPG) reported a net profit of CNY 8.7 billion in the first half of 2021, up 127.1 percent year-on-year.

CMA CGM's Q2 revenue reached $12.4 billion, recording a strong increase of 77.2% over the same period in 2020, when international trade was slowed down due to the Covid-19 pandemic.

The Danish research and consulting company Sea-Intelligence has commented on the capacity that shipping lines have planned to deploy/withdraw in the 4 weeks of Golden Week from week 40 to week 43 on trans-Pacific and Asia-Europe shipping routes.