News

  • When will global shipping capacity tension ease?

    Facing the traditional peak shipping season in June, will the phenomenon of “hard to find a box” reappear? Will port congestion change? IHS MARKIT analysts believe that the continued deterioration of the supply chain has led to continued congestion in many ports around the world and l...
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  • How to Solve Grain Export Problem of Ukraine

    How to Solve Grain Export Problem of Ukraine

    After the outbreak of the Russian-Ukrainian conflict, a large amount of Ukrainian grain was stranded in Ukraine and could not be exported. Despite Turkey’s attempts to mediate in hopes of restoring Ukrainian grain shipments to the Black Sea, talks are not going well. The United Nations is w...
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  • New Chinese Import Inspection Announcement

    General Administration of Customs takes emergency preventive measures against 7 Indonesian companies Due to importing from Indonesia 1 batch of frozen horse noodle fish, 1 batch of frozen prawns, 1 batch of frozen octopus, 1 batch of frozen squid, 1 outer packaging sample, 2 batches of frozen hai...
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  • Breaking News!Explosion at container depot nearby Chittagong, Bangladesh

    Breaking News!Explosion at container depot nearby Chittagong, Bangladesh

    At about 9:30 p.m. local time on Saturday (June 4), a fire broke out in a container warehouse near Chittagong Port in southern Bangladesh and caused an explosion of containers containing chemicals. The fire spread rapidly, killing at least 49 people, More than 300 people were injured, and the fir...
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  • More than 6,000 commodities are exempt from customs duties in Brazil

    More than 6,000 commodities are exempt from customs duties in Brazil

    The Brazilian Ministry of Economy announced a 10% reduction in import tariffs on commodities such as beans, meat, pasta, biscuits, rice and construction materials. The policy covers 87% of all categories of imported goods in Brazil, involving a total of 6,195 items, and is valid from June 1 this ...
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  • New Documents Regulations of Vietnam

    1. The consignor, consignee and notifier must provide complete information and show it on the bill of lading (including company name, address, city and country); 2. The consignee or notifier must be a local company in Vietnam; 3. Except for Hai Phong, other FNDs must display the specific terminal...
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  • U.S. Announced that Extension of Tariff Exemptions for THESE Chinese Products

    U.S. Announced that Extension of Tariff Exemptions for THESE Chinese Products

    The U.S. Trade Representative announced on the 27th that it will extend the exemption from punitive tariffs on some Chinese medical products for another six months to November 30. Relevant tariff exemptions covering 81 health care products needed to deal with the new crown epidemic were due to ex...
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  • Some of the new external measures of the General Administration of Customs

    Some of the new external measures of the General Administration of Customs

    The General Administration of Customs takes urgent preventive measures against 6 Russian fishing vessels, 2 cold storages and 1 cold storage in South Korea 1 batch of frozen pollock, 1 batch of frozen cod caught by Russian fishing boat and stored in South Korea ,3 batches of frozen cod directly ...
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  • Ports of Los Angeles, Long Beach may implement long-delayed container detention fees,which would affect the shipping companies

    Maersk said this week that it expects the ports of Los Angeles and Long Beach to implement container detention charges soon. The measure, announced in October last year, has been delayed week after week as the ports continue to deal with congestion. In a rate announcement, the company said the li...
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  • Pakistan Published the Announcement about Prohibited Import Products

    Pakistan Published the Announcement about Prohibited Import Products

    A few days ago, Pakistani Prime Minister Shehbaz Sharif announced the decision on Twitter, saying the move would “save precious foreign exchange for the country”. Soon after, Pakistan’s Information Minister Aurangzeb announced at a news conference in Islamabad that the governmen...
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  • The Three Major Alliances Cancel 58 Voyage! Global Freight Forwarding Business would be Affected Deeply

    The Three Major Alliances Cancel 58 Voyage! Global Freight Forwarding Business would be Affected Deeply

    The surge in shipping container rates since 2020 has surprised many freight forwarding  practitioners. And now the drop in ship rates due to the pandemic. The Drewry Container Capacity Insight (the average of spot rates on eight Asia-Europe, trans-Pacific and trans-Atlantic trade lanes) has conti...
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  • Because of cargo volumes decrease, three alliances to cancel more than one-third of Asia sailings

    Because of cargo volumes decrease, three alliances to cancel more than one-third of Asia sailings

    The three major shipping alliances are preparing to cancel more than a third of their Asia sailings in the coming weeks in response to a drop in export cargo volumes, according to a new report from Project44. Data from the Project44 platform shows that between 17 and 23 weeks, THE Alliance will c...
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