CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

According to the latest data from Alphaliner, the global container fleet has reached a milestone of 30 million TEUs (twenty-foot equivalent units) for the first time. This achievement is attributed to the significant delivery of new ships from Asian shipyards, setting a new record. This growth reflects the rapid development of the shipping industry and…

Maersk announces an increase in FAK rates for the European route! Freight rates rise to nearly $10,000!

Maersk announces an increase in FAK rates for the European route! Freight rates rise to nearly $10,000!

Frontline’s CEO, Lars Barstad, said on Wednesday that even if the Israel-Palestine conflict reaches a ceasefire, which could potentially end the threat of Houthi attacks on ships, shipping companies are unlikely to quickly resume routes in the Red Sea. Lars Barstad emphasized, “We are all hoping for a ceasefire in the Israel-Palestine conflict, but expecting…

MAERSK and COSCO has announced a price increase in July!

MAERSK and COSCO has announced a price increase in July!

Due to various factors such as rising demand, the Red Sea situation, and port congestion, shipping prices have continued to rise since early June. Leading shipping companies like Maersk and COSCO have successively announced the latest peak season surcharges and price increase notices, impacting routes to the United States, Europe, Africa, the Middle East, and…

CMA CGM has announced a price increase in July!

CMA CGM has announced a price increase in July!

Due to multiple factors such as rising demand, the Red Sea situation, and port congestion, shipping prices have continued to increase since the beginning of June. Leading shipping companies like Maersk, CMA CGM, and Hapag-Lloyd have successively announced the latest peak season surcharges and price increase notices, affecting routes to the United State, Europe, Africa,…

How should cross-border sellers respond?

How should cross-border sellers respond?

Faced with cabin shortages and price hikes, FBA warehouse congestion, and frequent order cancellations, how should cross-border sellers respond? As Prime Day approaches, sellers are facing soaring shipping rates, container shortages, FBA warehouse congestion, and frequent order cancellations. These issues are causing headaches for many sellers, as logistics are crucial for achieving high sales during…