Under the pressure of inflation, strikes broke out among port workers in Britain, Spain, Germany, Belgium and other European countries, which exacerbated the difficulties faced by logistics. At the same time of strikes in Europe, the backlog of undelivered goods in Rotterdam port is becoming more and more …
According to the latest freight rate data of Shanghai Export Container Freight Index (SCFI) released on July 2, the SCFI composite index continued to rise to 3095.14 points last week, up 119 points or 3.2% from the previous period. Shanghai’s export container freight index continues to break a record high. …
According to a report by the German weekly Focus on July 5, the United Nations recently released the World Urbanization Prospects report, which ranks the world’s largest cities with a population of more than one million. Seven of the top 10 largest cities are in Asia. Topping the list is Tokyo, Japan, …
After the middle of June, a number of shipping companies announced the increase in freight rates! Asia and Europe freight rose to $20,000, a 10-fold increase over the same period! Global shipping giant Maersk said in an earnings call in May that it had increased its capital expenditure budget for 2021-2022 …
A Number of Shipping Companies Announced the Increase in Freight Rates Read More »
Maersk said that at present, the average waiting time of ships in Los Angeles port and Long Beach port ranges from one week to two weeks, and there are about 40 ships queuing in the two ports; Auckland port ships enter the port and wait longer. “Affected …
Steel prices rise! Many countries fall into “steel shortage”! China Iron and Steel Association again “In order to stabilize prices, supply to the domestic market should be given priority,” Vietnam’s deputy prime minister warned in a government document about rising steel prices. The country’s hot-rolled coil import price is above $1,000 a tonne, a 13-year …
How much have steel prices gone up? As of mid-May, the average price per ton of eight types of steel in the national steel market exceeded 6,600 yuan, nearly 400 yuan higher than the peak of 6,200 yuan in 2008, a rise of 2,800 yuan per ton compared with the same period last year, or …
BHP Billiton adds 80 million tonnes of iron ore capacity On May 20, BHP Billiton officially announced the first iron ore production at its South Flank mine in the central Pilbara, Western Australia. It is understood that the mine can be stable annual output of 80 million tons of iron ore Iron ore supply is increasing …
BHP Billiton adds 80 million tonnes of iron ore capacity Read More »
Commodities tumbled across the board, with coking coal down by the daily limit and iron ore down 8% National Business News AI Express, the bulk commodities plunged across the board, the main coking coal futures contract hit the limit, down 7.98%, at 1782.5 yuan/ton. Iron ore fell 8%, hot volume fell more than 7%, thread …
Completely crazy! The rate of container dumping caused by port congestion continues to rise! 39% of the cargo is affected, the shipping company’s rejection rate is as high as 56%, and the port is up to 64%! Blasting warehouses and rejecting cabinets, a box is hard to find… 1.The rate of container rejections caused by port congestion continues to …
The rate of container dumping caused by port congestion continues to rise! Read More »
