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Industry news

• Crude loadings, tankers unaffected as countries close borders to UK over COVID-19 variant

  Time: 2020-12-23 | Publisher: Bridge

  

  UK oil and container shipments, including crude oil loadings, are continuing as normal and have not been affected by new European restrictions on truck drivers in response to a new strain of the coronavirus found in the Britain, port and oil company officials said Dec. 21.Ineos, which operates the UK’s largest crude oil supply pi...
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• TAIWAN INTERVENES SHIPPING COMPANIES TO STABLIZE FREIGHT RATES DURING SHORTAGE OF CONTAINERS

  Time: 2020-12-23 | Publisher: Bridge

  

  Following China, the United States and South Korea, the Taiwanese government also intervened in container shipping to cool down the overheated container shipping market.Taiwan’s Ministry of Transport (MOTC) stated on December 18 that it was hosted by the Maritime Port Bureau (MPB). Its officials met with representat...
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• EPIDEMIC ESCALATES! DALIAN PORT STOPS OPERATING. IMPORT AND EXPORT SERIOUSLY AFFECTED

  Time: 2020-12-22 | Publisher: Bridge

  

  Due to the escalation of the epidemic in Dalian, Dalian Port is closed! It seriously affects the transportation of import and export goods, all foreign trade forwarders should pay attention to it!All operations at Dalian DCT Port have been stopped, and all ships have been cancelled. Dalian Port no longer accepts imported refr...
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• CHINESE PORTS CONTINUE TO BREAK THROUGHPUT RECOURDS.HAS INTERNATIONAL TRADE FULLY RECOVERED?

  Time: 2020-12-21 | Publisher: Bridge

  

  "Yantian Port processes a TEU in an average of 2.4 seconds, and one ship departs to the United States every 4 hours. This year, the port throughput will set a record for the port in the past 20 years." said Lin Qingwen, Managing Director of Yantian International Container Terminal Co., Ltd. One out of every fo...
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• HIGH FREIGHT RATE CONTINUE TILL FEBRUARY. EAST ASIA-SOUTH AMERICAN FREIGHT RATE SOARED BY 213%

  Time: 2020-12-21 | Publisher: Bridge

  

  At present, the foreign epidemic situation is rebounding strongly. The United States has set a record of 400,000 confirmed diagnoses in a single day. Germany and the United Kingdom have successively closed cities. Port congestion and shortage of containers have further intensified. High freight rates are experiencing 10,000, 13,5...
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• RISING CAPESIZE RATES LIFT BALTIC INDEX TO HIGHEST LEVEL IN SEVEN WEEKS

  Time: 2020-12-18 | Publisher: Bridge

  

  The Baltic Exchange’s main sea freight index rose for a seventh straight session to hit its highest since late October on Thursday, supported by stronger rates for the larger capesize vessel segment.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, edged up 5 points, or 0.4%, to 1,301, highest si...
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• ASIA-NORTH EUROPE RATES PASS $10,000, NEW RECORD HIGH

  Time: 2020-12-18 | Publisher: Bridge

  

  Record high spot rates from Asia to North Europe and predictions of huge hikes for annual contract rates could lead to a bunch of cancelled orders for next year.Retailers in Europe are already very nervous about new partial lockdowns damaging their sales, and the enormous sea freight rates and surcharges they are being billed is sig...
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• GLA MALL | GLA GLOBAL SUPPLY AND DOOR TO DOOR SERVICE

  Time: 2020-05-13 | Publisher: Mark

  

  Dear members and friends,  Good day. In February, a new virus called Coronavirus (COVID-19) has suddenly ravaged Hubei, China. Under the epidemic, the whole China has reunited together in supporting the province of Hubei as well as the help from all over the world.   Examples:1.   &n...
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