US West Coast freight rates doubled in a month (SCFI up 10.5%) on China-US trade truce and shipping companies’ capacity control. However, weak demand and oversupply persist; 2026 rates are expected to drop 25%.
COSCO SHIPPING launches JTV Route (Japan-Thailand-Vietnam) with Oct 28 maiden voyage. It offers direct services, shortens transit time, enhances Yangpu’s hub role, and optimizes the Asia regional shipping network.
US signs trade/critical mineral deals with 4 SEA nations. Tariffs on some goods to zero; Vietnam to narrow $123B surplus. Thailand buys $18.8B US aircraft; SEA eases US market access.
Nearly 100 sailings canceled; Asia-Europe/Trans-Pacific routes hit hardest (8% cancellation rate). Oct WCI up 3% to $1746/FEU; Red Sea risks add pressure. Nov capacity may recover.
Maersk imposes fines for dangerous goods misdeclaration: $5k/BOL globally, $15k/container in China. Shippers & consignees are jointly liable to enhance supply chain safety.
In 2025, Guangzhou Nansha Port has 210 container routes (175 foreign trade). It launched direct routes to S. America, US, Europe, boosting cross-border trade & auto exports.
On October 22, Ocean Network Express (ONE) issued a notice on the "New Mandatory Document Submission Regulations for Lithium Battery Dangerous Goods at Ningbo Port". The new regulations took effect immediately upon issuance.ONE released this notice to emphasize the important update made by Ningbo Ma
On Oct 25, container ship "WAN HAI A17" collided with bulk carrier "Hai Li 5" in Lingding Waterway. "Hai Li 5" sank; 13 rescued, 2 missing. Search and rescue is ongoing.
Container surfaces are corrugated (corrugated bulkheads) to save material & enhance load-bearing. ISO sets parameters; refrigerated/heavy-duty containers have wider corrugations for cold circulation & pressure resistance.
