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Lastest company news about Southeast Asia Freight Rates Rise Above US West Coast as “China+N” Supply Chain Shift Accelerates 2025/12/17
Southeast Asia Freight Rates Rise Above US West Coast as “China+N” Supply Chain Shift Accelerates
.gtr-container-fgh456 { font-family: Verdana, Helvetica, "Times New Roman", Arial, sans-serif; color: #333; line-height: 1.6; padding: 15px; box-sizing: border-box; } .gtr-container-fgh456 p { font-size: 14px; margin-bottom: 1em; text-align: left !important; } .gtr-container-fgh456 .gtr-intro-paragraph-fgh456 { font-size: 18px; font-weight: bold; margin-bottom: 1.5em; color: #0056b3; } @media (min-width: 768px) { .gtr-container-fgh456 { max-width: 960px; margin: 0 auto; padding: 25px; } } Freight rates on China–Southeast Asia shipping routes have surged in recent weeks, in some cases exceeding rates to the US West Coast, driven by ongoing supply chain restructuring under the “China+N” strategy. According to market quotations, rates from Shanghai to Indonesia have climbed to around USD 2,000 per FEU, while shipments to Vietnam average approximately USD 1,500 per FEU. Freight rates to Malaysia and Singapore have also risen to around USD 1,200 per FEU. During the same period, rates from Shanghai to the US West Coast remained lower, ranging between USD 1,300 and USD 1,500 per FEU. Data released by the Shanghai Shipping Exchange shows that the Southeast Asia route index increased by 23.3% month-on-month, reaching 1,073.82 points, while the US West Coast index declined by 5.6%. Industry analysts note that short-haul routes surpassing long-haul routes in pricing is uncommon and largely reflects uncertainty surrounding US trade policies and accelerating supply chain relocation. As manufacturers ship raw materials and semi-finished goods from China to Southeast Asia, demand for regional ocean freight has grown rapidly. In response to rising demand, carriers have begun deploying additional capacity. In November, Evergreen Marine, Yang Ming Marine Transport, and Wan Hai Lines jointly launched a new direct service from North China to Indonesia, aiming to support growing intra-Asia trade flows. Market participants expect intra-Asia shipping demand to remain strong, with Southeast Asia’s role in global supply chains continuing to expand over the coming years. Related Services:To address rising freight rates and capacity pressure on Southeast Asia routes, we offer China to Southeast Asia LCL Ocean Freight solutions, including door-to-door DDP/DDU services for Vietnam, Indonesia, Malaysia, and Singapore.
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Lastest company news about UPS Warehouse Backlog Causes Massive Shipping Delays——Impact on E-commerce Logistics and International Parcels 2025/12/12
UPS Warehouse Backlog Causes Massive Shipping Delays——Impact on E-commerce Logistics and International Parcels
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Lastest company news about MSC Forms New Freight Forwarding Joint Venture — Impact on Global Sea Freight and China Shipping Market 2025/12/08
MSC Forms New Freight Forwarding Joint Venture — Impact on Global Sea Freight and China Shipping Market
.gtr-container-j7k9l2 { font-family: Verdana, Helvetica, "Times New Roman", Arial, sans-serif; color: #333; padding: 15px; line-height: 1.6; box-sizing: border-box; } .gtr-container-j7k9l2 p { margin-bottom: 1em; text-align: left !important; font-size: 14px; line-height: 1.6; } .gtr-container-j7k9l2 p:last-child { margin-bottom: 0; } .gtr-container-j7k9l2 img { vertical-align: middle; } @media (min-width: 768px) { .gtr-container-j7k9l2 { padding: 20px; } } MSC and NYK will establish a joint venture, focusing on air and sea freight forwarding services in Africa. According to the merger and acquisition case registration information of the European Commission, the EU has approved the establishment of a joint venture between Mediterranean Shipping Company (MSC) and Nippon Yusen Kaisen (NYK), focusing on air and sea freight forwarding business in Africa. The official name of the joint venture has not yet been announced. It is learned that the transaction was approved through the simplified review procedure under the EU Mergers and Acquisitions Regulation, with the case number M.12166 "MSC/NYK/JV", and was published in the daily bulletin of the European Commission on December 2nd. The European Commission stated that as the deal has limited impact on the European Economic Area (EEA) and "will not raise competition concerns", the simplified assessment procedure for accessible mergers and acquisitions is therefore applicable. It is understood that this new joint venture will be registered and established in Kenya, Africa, providing air and sea freight forwarding services for multiple African countries. MSC and NYK will establish an African air and sea freight forwarding platform based in Kenya. Relying on MSC's sea freight network and NYK's freight forwarding and contract logistics operation capabilities, they will provide end-to-end logistics services for shippers in cross-border and regional markets.
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Lastest company news about ONE makes a big announcement! Upgrade of EC1/EC2/EC3 services on the east coast of the Trans-Pacific 2025/12/02
ONE makes a big announcement! Upgrade of EC1/EC2/EC3 services on the east coast of the Trans-Pacific
.gtr-container-f7h9j2 { font-family: Verdana, Helvetica, "Times New Roman", Arial, sans-serif; color: #333; line-height: 1.6; padding: 16px; box-sizing: border-box; max-width: 100%; overflow-x: hidden; } .gtr-container-f7h9j2 p { font-size: 14px; margin-bottom: 1em; text-align: left !important; word-break: normal; overflow-wrap: normal; } .gtr-container-f7h9j2 .gtr-service-heading { font-size: 18px; font-weight: bold; margin-top: 1.5em; margin-bottom: 0.8em; color: #0056b3; /* A professional blue for headings */ text-align: left; } .gtr-container-f7h9j2 .gtr-service-list { list-style: none !important; padding: 0; margin: 0 0 1.5em 0; } .gtr-container-f7h9j2 .gtr-service-list li { position: relative !important; padding-left: 1.5em !important; margin-bottom: 0.5em !important; font-size: 14px !important; text-align: left !important; word-break: normal; overflow-wrap: normal; } .gtr-container-f7h9j2 .gtr-service-list li::before { content: "•" !important; position: absolute !important; left: 0 !important; color: #0056b3 !important; /* Match heading color for bullets */ font-weight: bold !important; font-size: 1.2em !important; line-height: 1 !important; } .gtr-container-f7h9j2 img { height: auto; max-width: 100%; display: block; margin: 1.5em 0; } @media (min-width: 768px) { .gtr-container-f7h9j2 { padding: 24px; } .gtr-container-f7h9j2 p { margin-bottom: 1.2em; } .gtr-container-f7h9j2 .gtr-service-heading { margin-top: 2em; margin-bottom: 1em; } .gtr-container-f7h9j2 .gtr-service-list { margin-bottom: 2em; } } Recently, ONE announced the upgrade of its Trans-Pacific East Coast service. ONE will enhance its EC2 service by increasing direct services from Port Samui to the East Coast of the United States. Therefore, the service cycles of EC1, EC2 and EC3 will be revised. This strategy has strengthened and consolidated the shipping company's service portfolio, significantly improved connectivity from Southeast Asia to the east coast of North America, and provided global customers with optimized transportation times and diverse transportation options. EC1 Eastbound: No change Westward: Add Manzanillo and Busan EC2 Eastbound: Maintain the Panama route, add Cai Mep, and cancel Xiamen Westward: Switch to the Cape of Good Hope (CoGH) route. Add Halifax and Singapore, and remove Manzanillo and Busan. The exports from Manzanillo and the imports from Busan can be adjusted to EC1 as an alternative EC3 Eastbound: No change Westward: Halifax is omitted. Imported goods in Halifax can be considered for transfer to EC2
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Lastest company news about Urgent Alert: LA Port Fire Disrupts US-West Shipping—Here’s How We Protect Your Cargo 2025/11/26
Urgent Alert: LA Port Fire Disrupts US-West Shipping—Here’s How We Protect Your Cargo
.gtr-container-x7y8z9 { font-family: Verdana, Helvetica, "Times New Roman", Arial, sans-serif; color: #333; line-height: 1.6; padding: 16px; max-width: 100%; box-sizing: border-box; } .gtr-container-x7y8z9 p { margin-bottom: 1em; text-align: left !important; font-size: 14px; } .gtr-container-x7y8z9 strong { font-weight: bold; } .gtr-container-x7y8z9 .section-title { font-size: 18px; font-weight: bold; margin-top: 1.5em; margin-bottom: 1em; color: #222; } .gtr-container-x7y8z9 ul { list-style: none !important; margin: 0; padding-left: 20px; margin-bottom: 1em; } .gtr-container-x7y8z9 ul li { position: relative; padding-left: 15px; margin-bottom: 0.8em; font-size: 14px; text-align: left !important; list-style: none !important; } .gtr-container-x7y8z9 ul li::before { content: "•" !important; position: absolute !important; left: 0 !important; color: #007bff; font-size: 16px; line-height: 1; } .gtr-container-x7y8z9 a { color: #007bff; text-decoration: none; } .gtr-container-x7y8z9 a:hover { text-decoration: underline; } @media (min-width: 768px) { .gtr-container-x7y8z9 { padding: 24px; max-width: 800px; margin: 0 auto; } .gtr-container-x7y8z9 .section-title { font-size: 20px; } } On November 21 local time, a fire broke out on the lower deck of the "ONE Henry Hudson" at the Port of Los Angeles. The fire spread to multiple compartments. The vessel, with a capacity of 8,212 TEUs, was carrying over a hundred containers of goods, including lithium batteries and other dangerous goods. The incident affected the cargo of seven shipping companies that shared the vessel. This accident led to the temporary suspension of operations at four terminals in the Port of Los Angeles, causing a sudden disruption in the cargo transportation rhythm along the US West Coast shipping routes. It is expected that the following situations will still occur. Cargo delays: Affected shipments face 7+ day holdups; even non-fire-related US-West routes are backed up as cabin shortages spike. Hazardous cargo risks: The fire was worsened by improper DGD —many freight forwarders‘ lax checks are leaving clients exposed to fines or cargo loss. Rate surges: US-West container rates have jumped 25% in 3 days, and industry forecasts warn of another 30% hike if cabin tensions persist. As a company specializing in the transportation of dangerous goods, we can: ✅ We locked 50+ emergency US-West cabin (valid for 48hrs) via our direct contracts with ONE, Maersk, and Hapag-Lloyd—skip the queue others can’t bypass. ✅ Our DG team (10+ years of IATA DGR certs) pre-audits every lithium-ion battery/flammable cargo shipment to avoid compliance gaps that caused this fire. ✅ We offer 3 alternative routes to cut delays to 3 days max—no more waiting for LA Port to fully recover.
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Lastest company news about Chittagong Port refused to allow Maersk and CMA CGM to berth 2025/10/23
Chittagong Port refused to allow Maersk and CMA CGM to berth
Recently, despite opposition from the industry, Chittagong Port has insisted on implementing a new port charging structure. This structure has increased the average cost of various port services by 41%. So why did Chittagong adjust its charges? 1.Old expenses are no match for new one The toll standards in Chittagong have not been significantly adjusted for a long time since 1986. Chittagong believes that this rate has clearly failed to reflect the current operating costs and market conditions. 2. Alleviate operational pressure Its congestion once led to an additional loss of $15,000 to $20,000 per ship on average every day.Meanwhile, a large number of empty containers are piling up in the yard, affecting the operational efficiency. The authorities have also considered alleviating the problem by raising the yard rent. 3. Attracting investment and business With more money being made, investors are naturally more willing to come.It is learned that the four major container terminals of Chittagong Port (Patanga, New Mur, Radia and Gulf Terminal) will be transferred to foreign operators such as Saudi Arabia, the United Arab Emirates and Singapore. Shipping companies surely don't want to suffer losses. If Chittagong goes up, then I'll go up too.As a result, the Jilin University Port Authority revoked the licenses of seven CMA CGM vessels and two Maersk vessels due to "surcharge violations". In the end, Maersk still obtained a temporary license, but the condition was that it was not allowed to charge additional fees or charges to customers. Even the announcement on its official website was removed.
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Lastest company news about Freight rates plummet! Shipping companies increase their October blank sailings 2025/09/29
Freight rates plummet! Shipping companies increase their October blank sailings
As the Golden Week holiday is about to begin, the shipping market is undergoing a series of changes. This week, the spot prices of major east-west shipping routes continued to decline, which is the result of the combined effect of multiple factors.   Freight rates continue to fall   This week, significant price declines were seen on transpacific and Asia-Europe routes, as well as on the traditionally more stable transatlantic route.According to Drewry's World Container Index (WCI) for this week, spot rates on the Shanghai-Rotterdam route fell a further 9%, closing at $1,735 per 40ft, close to the low of $1,442 reached in mid-December 2023, before the Red Sea crisis.   Capacity Adjustments and Rate Changes   Drewry pointed out that liner companies are reducing capacity to align with the slowdown in demand before the Chinese Golden Week holiday, when factories will be closed for eight days. It is expected that freight rates will continue to decline in the coming week. The specific capacity adjustment situation is as follows picture.   Operational challenges exacerbate market weakness   Recently, operational challenges such as typhoons in South China and port strikes in Italy have further disrupted schedules, exacerbating congestion on the Asia-Europe shipping routes. Judah Levine, director of research at Freightos, said these delays could particularly disrupt shippers trying to ship before the Golden Week holiday. However, as many Asia-Europe shippers may have already moved their peak season cargo and due to the tariff deadline, the peak season for the trans-Pacific has been brought forward. It is expected that the decline in demand in October will minimize the impact of the typhoon on major trade routes.   Based on the current market situation, it is recommended that enterprises with shipping plans maintain business flexibility, book shipping space as early as possible, and closely monitor operational risks.
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