Low-Cost Freight Forwarding Scandal: Zhejiang Province Freight Forwarder Vanishes with $2 Million

Low-Cost Freight Forwarding Scandal: Zhejiang Province Freight Forwarder Vanishes with $2 Million Another Bloody Lesson!!! On the morning of June 27, Beijing time, multiple Amazon sellers reported a new scandal in the freight forwarding market. A company named “Zhejiang Xinheng International Freight Forwarding Co., Ltd.” is allegedly involved, with the person in charge absconding with […]

The Cargo Ship Sinks After Attack by Houthi Forces

The Cargo Ship Sinks After Attack by Houthi Forces According to reports: On the evening of June 18 local time in Yemen, the United Kingdom Maritime Trade Operations (UKMTO) office, affiliated with the British military, released a report confirming that the cargo ship “TUTOR,” which was previously attacked by Houthi forces, sank 66 nautical miles […]

Maersk Announces Resumption of Bookings to Baltimore

Maersk Announces Resumption of Bookings to Baltimore It has been announced that Maersk has released a notice declaring the resumption of new bookings for the Port of Baltimore on the U.S. East Coast. Maersk stated that as part of ongoing efforts to reopen direct services to Baltimore, plans are in place to resume bookings for […]

Conflict Escalation! Attack Range Expanded! Maersk: Stop Booking in the Region

It is reported that on May 3rd local time, Yemen’s Houthi spokesman Yahya Saree stated in a declaration that Houthi leader Abdul Malik al-Houthi had ordered the organization to launch attacks on all ships heading from the Mediterranean to Israeli ports. Since the outbreak of the latest round of Israeli-Palestinian conflict in October last year, […]

Iran Takes Action! Seizes an MSC Container Ship

On April 13th, local time, the official Iranian news agency (IRNA) reported that the Islamic Revolutionary Guard Corps (IRGC) special naval forces seized a container ship related to Israel named “MSC Aries” near the Strait of Hormuz. According to IRNA, the vessel is currently being directed to Iranian territorial waters. Earlier, the Associated Press released […]

Maersk Announces: Imposition of New Peak Season Surcharge

Maersk Announces: Imposition of New Peak Season Surcharge On April 5, Maersk released a notice announcing the imposition of a peak season surcharge (PSS) for several African countries, Kenya, Gambia, and Damman, Saudi Arabia. Kenya: On April 5, an announcement on the Maersk official website stated that a peak season surcharge (PSS) will be introduced […]

This Year, One in Every Four Electric Cars Sold in Europe Will Be Made in China

The Brussels-based European industry lobbying group, Transport & Environment, dedicated to the development of green transportation, recently stated that nearly one fifth (19.5%) of electric vehicles sold in Europe last year were made in China, and this figure is expected to reach one quarter (25%) by 2024. This prediction comes as the EU is considering […]

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