Shipping News

According to the latest data from the Xeneta Shipping Index (XSI®), maritime container carriers are navigating between risk and reward in new contract negotiations due to ongoing uncertainty in the Red Sea market. Xeneta’s latest data released on May 2nd shows that the global XSI index (the average price of all valid long-term contracts in…

International shipping lines add peak season surcharges To continue providing our global services, Maersk Line is implementing Peak Season Surcharge (PSS) for all dry containers from Far East (excluding Vietnam and Chinese Taipei) to South America West Coast, effective from May 1st, 2024. For all dry containers from Vietnam to South America West Coast, effective…

In March, the Port of Houston processed 360,991 twenty-foot equivalent units (TEUs), marking a 20% year-on-year increase. Officials noted a 4% rise in overall cargo volume through the Houston Ship Channel and the port’s two container facilities, Barbours Cut and Bayport, for the first quarter. “Container throughput for the first quarter was notably strong as…

According to ShippingWatch, the Port of Rotterdam and the Port of Antwerp-Bruges have both released their operational data for the first quarter of 2024. Despite the ongoing complexities in geopolitics and macroeconomic conditions, both of these major European ports have seen a recovery in container throughput, signaling initial signs of world trade resurgence. The Port…

（Shippers, freight agents, beware of cargo delays） On April 26th at noon local time, in the vicinity of the Arizona-New Mexico border region in the United States, a freight train carrying fuel derailed and caught fire, forcing the closure of a nearby interstate highway. There have been no reports of casualties thus far. The freight…

— Strictly check vague and non-compliant cargo description; gifts/ daily necessities / accessories / parts / consolidated cargo focus on inspection This month, the inspection rate of various customs in the United States has sharply increased, with low-value goods becoming the subject of rigorous scrutiny. This trend has also extended to Canada, with customs authorities…

　　On April 24, local time, Yemeni Houthi spokesman Yahya Sarea announced that its naval forces have successfully carried out a number of attacks in the Gulf of Aden and the Indian Ocean, targeting the United States, Israel and U.S. ships and U.S. destroyers. 　　According to Sarea’s statement, the Houthis successfully attacked the U.S. container ship…

01 Customs inspection status 　　Houston: random inspection, for the value of goods, the importer more questions, the inspection time will be delayed about 1 week.　　New York: random inspection, for the value of goods, CPS, FDA more problems.　　Los Angeles: random inspection, for the value of goods, the importer more problems.　 Oakland: random inspection, for the value…

Port of Houston，the container volume for March reached 360,991 TEUs, representing a 20% growth compared to March 2023, making it the largest March in the history of the Port of Houston. Increased consumer spending on items such as furniture and household appliances drove a 23% year-on-year increase in import volumes for March, and a 14%…

According to multiple US media reports, due to financial difficulties, the Port of Portland has decided to cease its container operations in October. The primary port in Oregon appears to be facing financial challenges, with the Port of Portland stating that it cannot afford to keep the container terminal open until September due to incomplete…