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NEWS & BLOG

LATEST NEWS

2026
DATE
01 - 21
Detailed Analysis of 2025 Customs Import And Export Statistics
In 2025, China's total exports reached $3.77 trillion (up 5.5% YoY), outpacing GDP growth, with a trade surplus of $1.19 trillion hitting a new high. Outward processing trade and project contracting exports grew rapidly, reflecting industrial upgrading and expanding overseas engineering layout.
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2026
DATE
01 - 21
US-EU Tariff Dispute: Trump’s 10% Tariff on 8 European Nations & EU’s 930B Euro Retaliation Plan
Trump announced a 10% tariff on goods from 8 European nations starting February 1, rising to 25% from June 1, over the Greenland purchase issue. The EU is considering retaliatory tariffs on $93 billion worth of US goods, set to take effect February 6. Shippers and forwarders should closely monitor tariff dynamics and adjust shipping plans promptly.
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2026
DATE
01 - 20
Failed Price Hikes: MSC & Hapag-Lloyd Freeze Rates Before Lunar New Year
MSC and Hapag-Lloyd have frozen US West Coast rates at $2,100 until Feb 15, while Maersk undercuts at $1,800, marking the failure of two scheduled Jan rate hikes. Oversupply, weak demand, and aggressive pricing by ultra-large carriers have dimmed prospects for the pre-Lunar New Year mini peak season.
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2026
DATE
01 - 19
Maersk Announces MECL Service Returns to Trans-Suez Route
On January 15, 2026, Maersk announced that its independently operated MECL service has structurally returned to the Suez Canal route, with clear first sailing schedules for both westbound and eastbound directions.
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2026
DATE
01 - 19
What Is Documentary Declaration & What Documents Are Required?
Documentary declaration is a key international trade process involving preparing and submitting legal documents for customs clearance. This guide covers its definition, process, required documents, and precautions to ensure smooth cargo import and export.
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2026
DATE
01 - 16
MSC Announces Major Service Upgrades: Direct Calls to New Ports Slash Transit Times Significantly
MSC upgrades Dragon and Jade services, adding direct calls to Trieste (cuts 5 days) and Fos - sur - Mer (cuts 7 days). First vessels MSC Thais (FD608W) and MSC Mette (GJ607W) start new rotations soon, boosting Asia - Mediterranean shipping efficiency.
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2026
DATE
01 - 16
Singapore Port 2025 Performance Review: Multiple Records Set with Robust Growth Across Key Metrics
Singapore Port had an outstanding 2025, with 44.7 million TEU container throughput (8.6% YoY), 3.2 billion GT vessel arrival tonnage (3.5% YoY), and 56.8 million tons bunker sales (3.4% YoY). Alternative fuel sales hit 2 million tons, and ship registration jumped 27% to 137.5 million GT, ranking 4th globally.
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2026
DATE
01 - 16
THC in Ocean Shipping: A Detailed Guide to the Indispensable Terminal Handling Charge
Terminal Handling Charge (THC) is a key cost in international ocean shipping, covering port loading, storage, and equipment usage. This guide explains THC calculation, differences from ORC/BAF, cost optimization tips, and precautions to help shippers control logistics expenses.
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2026
DATE
01 - 15
US Slaps 540% Tariff on China’s Eco-Friendly Tableware: Global Green Supply Chain at Stake
The U.S. imposes a 540.63% combined tariff on China’s thermoformed molded fiber products (eco-tableware) starting Jan 23, 2026, with Vietnam facing 265.62% duties. This trade protectionist move threatens $350M Chinese exports, disrupts global green supply chains, and targets supply chain migration.
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2026
DATE
01 - 14
Freight Rates Edge Down in First Week of the New Year: SCFI Ends Three-Week Rally with a Mild Drop
2026 first week SCFI edges down 0.53% to 1647.39, dragged by secondary routes despite major ocean routes’ gains. Red Sea easing & new vessel delivery pressure rates, but pre-Spring Festival shipments may drive a late-January volume peak.
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