MSC Panaya Reportedly Targeted by Missile Strike in Persian Gulf
According to a Reuters report dated June 3, the Islamic Revolutionary Guard Corps (IRGC) of Iran announced a missile strike on a vessel named Panaya. Several maritime news outlets indicate that the ship referred to by Iran is likely the MSC-operated container vessel MSC Panaya. Ship tracking data shows that MSC Panaya is currently under […]
Global Empty Container Movements Reach Record Levels, Driving Costs Across Supply Chains
Recent analysis by Danish shipping consultancy Sea‑Intelligence shows that approximately 30% of global container transport miles are currently spent moving empty containers. In other words, for every three containers shipped worldwide, one is empty. This represents a notable increase compared with pre-pandemic levels. In 2019, empty container transport accounted for roughly 24% of global container […]
China-Made Electric Vehicles Begin Entering Canada Under New Quota Agreement
Following Canadian Prime Minister Mark Carney’s visit to China in January this year, Chinese-manufactured electric vehicles (EVs) have officially started entering the Canadian market under a newly established quota agreement. This marks the first batch of Chinese-made EVs entering Canada through this mechanism. Under the agreement reached between China and Canada, Canada will allow the […]
A New Office, A New Chapter
China Vast Logistics Co., Ltd. is pleased to announce our relocation to a new office. This move represents an important step in our continued growth and development. With a better working environment and stronger team collaboration, we are ready to provide more efficient, professional, and reliable logistics services to customers around the world. We sincerely […]
A Complete Guide to Container VGM: Definition, Requirements, Process and Compliance Risks
For companies engaged in international trade, ocean freight and container exports, VGM is a term that appears almost every day. However, many shippers and logistics professionals only know that VGM must be submitted, without fully understanding its definition, regulatory requirements, operating procedures and the consequences of non-compliance. This article provides a clear and practical overview […]
U.S. to Seek Public Comments on Possible Tariff Reductions for Certain Chinese Goods
According to Reuters, U.S. Trade Representative Jamieson Greer stated on May 26 that the U.S. government will seek public comments on which Chinese goods may be eligible for lower tariffs. Speaking at an event hosted by the Council on Foreign Relations, Greer said that he had personally reviewed and revised the relevant notice, which would […]
Eid al-Adha 2026: Potential Customs and Logistics Delays in the Middle East, South Asia, Southeast Asia, and North Africa
Eid al-Adha, also known as the Feast of Sacrifice, is one of the most important Islamic holidays. In 2026, Eid al-Adha is expected to begin around May 27, although the exact date may vary by country depending on official announcements and moon sighting. During this period, many countries in the Middle East, Southeast Asia, South […]
China Reportedly Agrees to Increase Purchases of U.S. Agricultural Products and Boeing Aircraft
According to the latest report from The New York Times, the White House said on Sunday, May 17, local time, that China has agreed to purchase at least USD 17 billion worth of U.S. agricultural products each year in 2026, 2027, and 2028. The purchase amount for this year will be calculated on a proportional […]
31 Vessels Reportedly Passed Through the Strait of Hormuz as Oil Market Risks Rise
On the evening of May 21, local time, the Navy of Iran’s Islamic Revolutionary Guard Corps stated that 31 vessels, including oil tankers, container ships, and other commercial vessels, had passed through the Strait of Hormuz over the previous 24 hours under the coordination and protection of the IRGC Navy. In an interview on May […]
Maersk’s Return-to-Office Shift: What It Means for the Logistics Industry in the AI Era
Maersk’s Office Policy Signals a Wider Industry Shift Maersk, one of the world’s leading shipping and logistics companies, has reportedly asked its global office employees to return to the office five days a week by January 1, 2027. According to media reports citing Danish business newspaper Børsen, Maersk CEO Vincent Clerc connected the move with […]
