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Market Information

2/24/2017
The festive Chinese New Year (CNY) has passed. Production and cargo shipments have gradually resumed. However, the situation is not yet back to normal.
1/13/2017
Chinese New Year (CNY) is regarded as one of the biggest migrations on earth. Chinese people return to their homes which are often far away from their working place. The close-down of factories in Mainland China has a considerable impact on worldwide supply chains. Imbalance of cargo volume between China and Europe happens every year during this time. A special situation is expected not only during the five-day period, but also the weeks before and after.
9/2/2016
The bankruptcy of Hanjin Shipping Co. Ltd., the seventh biggest container shipping line worldwide, keeps the logistics industry busy. Read more about the current situation.
4/14/2016
Effective July 1, 2016, the Safety of Life at Sea (SOLAS) Convention issued by the International Maritime Organization (IMO) needs to be put into practice. The convention specifies that shippers are responsible and shall verify on its documentation the Verified Gross Mass of a container prior to it being loaded on board of a vessel.
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