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Under the Red Sea crisis, the profits of some freight forwarding co in the third quarter increased for the first time quarter-on-quarter and year-on-year

Under the Red Sea crisis, the profits of some freight forwarding co in the third quarter increased for the first time quarter-on-quarter and year-on-year

2024-10-31

In the context of the Red Sea crisis, the logistics and transportation industry is facing unprecedented challenges. air forwarding, land transportation, contract logistics and shipping co all saw net operating income surge in the third quarter. This also shows the coexistence of challenges and opportunities. No matter how the world changes, every country still needs a lot of imports and exports to stabilize its domestic situation.

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Cosco Shipping Holdings Methanol Dual Fuel Conversion Project: a step towards sustainable shipping

Cosco Shipping Holdings Methanol Dual Fuel Conversion Project: a step towards sustainable shipping

2024-10-31

Cosco Shipping Holdings large container ship methanol dual fuel transformation project officially entered the production stage. The move marks an important milestone for the shipping industry as it aligns with global efforts to reduce carbon emissions and promote sustainable shipping practices.

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The disruption of the Suez and Panama Canals threatens the logistics services and development of global trade

The disruption of the Suez and Panama Canals threatens the logistics services and development of global trade

2024-10-31

In recent years, affected by the war, the disruption of the Suez Canal and the Panama Canal has brought shock waves to the global trade logistics services, highlighting the vulnerability of international logistics transport. These vital waterways are vital arteries for maritime trade, facilitating the movement of goods between continents. When traffic through these canals drops dramatically, the effects ripple out to logistics services around the world, affecting everything from consumer prices to economic growth.

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SeaLead launches Mediterranean Express Service: Improving cargo shipping connectivity on the Red Sea

SeaLead launches Mediterranean Express Service: Improving cargo shipping connectivity on the Red Sea

2024-10-31

In a major move to strengthen cargo shipping in maritime logistics, SeaLead has officially launched the Mediterranean Gulf Express (MGX) service. This new initiative aims to improve the links between the Mediterranean and the Red Sea, thereby revolutionizing shipping routes and meeting the growing demand for efficient transport solutions in the region.

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International Logistics: Look at the amazing development of Zhoushan Port in Ningbo

International Logistics: Look at the amazing development of Zhoushan Port in Ningbo

2024-10-16

In the field of international logistics, Ningbo Zhoushan Port, as a hub port, has experienced significant growth in cargo and container throughput. In the first three quarters, the port completed 1.049 billion tons of cargo throughput, up 3.4% year-on-year. This impressive figure highlights the port's key role in facilitating global trade and improving supply chain efficiency.

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Shipping: Dalian Port container throughput increased by more than 11% year-on-year

Shipping: Dalian Port container throughput increased by more than 11% year-on-year

2024-10-16

In the changing global trade landscape, the importance of efficient maritime transport of goods cannot be overstated. This year, Dalian Port has become a leader in the field, with container throughput growing significantly. The report shows that the port's container throughput increased by more than 11 percent year-on-year, demonstrating its strategic importance and operational efficiency.

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Continued congestion at ports along the East Coast and Gulf Coast is likely to keep pushing up ocean freight rates

Continued congestion at ports along the East Coast and Gulf Coast is likely to keep pushing up ocean freight rates

2024-10-16

The shipping industry is currently facing major challenges, especially the continued port congestion on the East Coast and Gulf Coast of the United States, which has caused a serious slowdown in the speed of unloading and picking up containers, and the overall signing time is also infinite. This will undoubtedly lead to the buyer's delay in signing the goods, so that more customers will put their eastern United States route, turn to the western United States route to shorten the time for signing the goods. The massive transfer of cargo from the eastern United States to the western United States will undoubtedly increase the loading and unloading pressure on the West Coast of the United States, which will cause freight rates to start to rise.

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Ocean Freight: Shipping executives are bullish on future ocean freight rates

Ocean Freight: Shipping executives are bullish on future ocean freight rates

2024-10-16

In the changing global trade pattern, ocean freight has become the focus of foreign trade enterprises and buyers. A recent survey showed that more than 80% of shipping executives are optimistic about the future of maritime transport, showing strong optimism in the industry. This positive sentiment is driven by several factors reshaping the maritime logistics industry.

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Enhanced Cargo Transport: COSCO Shipping Group and Ocean Network Shipping strengthen the Middle East - India service network

Enhanced Cargo Transport: COSCO Shipping Group and Ocean Network Shipping strengthen the Middle East - India service network

2024-10-16

To enhance freight traffic between the Middle East and India, China COSCO Shipping Group (COSCO) and Ocean Network Shipping (ONE) have announced an upgrade to their service network. The collaboration aims to optimize logistics and improve connectivity to meet the region's growing demand for efficient maritime transport.

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Shandong Port Cargo Volume Surged During The National Day Holiday

Shandong Port Cargo Volume Surged During The National Day Holiday

2024-10-09

National Day 7 days holiday factories, foreign trade companies almost do not work. At the same time, it is also an important period for freight transportation in major ports, and various indicators have shown remarkable growth.

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