Several major ports are collectively experiencing congestion, with pre-holiday trucking fees and container drop fees rising several times over.

With the approach of the Spring Festival, China’s major foreign trade ports are entering the most challenging operational peak of the year. Recently, key ports including Shanghai, Ningbo, as well a...

2026-02-10

Maersk's fourth-quarter net profit plummets 94%, with 1,000 jobs cut

Danish shipping giant A.P. Moller-Maersk released its earnings report today showing that its earnings before interest and taxes (EBIT) for the fourth quarter of 2025 were $118 million, a sharp decl...

2026-02-08

For the first time exceeding 360 trillion yuan, China's logistics market size has remained the largest in the world for nine consecutive years.

The scale of China's logistics market ranks first in the world for nine consecutive years. In 2024, the total social logistics volume exceeded 360trillion yuan, and the logistics industry reven...

2025-06-30

Mawei Shipbuilding has obtained a construction contract for a thousand-ton electric distribution vessel from Yilu Supply Chain.

Fujian shipping administration signed a contract with Yilu supply chain to build a 1000 ton electric distribution ship. The ship has a cargo capacity of 1050 tons and uses pure battery power. It is...

2025-07-01

Breaking news! A Chinese cargo ship has run aground in the waters of Russia.

After the Chinese cargo ship anyang-2 ran aground on Sakhalin Island of Russia in February, China and Russia negotiated that it would choose an opportunity to take off in August. The ship carried 2...

2025-07-01

The new generation intelligent vessel 'Xinhongzhuan' has arrived in Hainan and will be showcased at multiple ports.

The world's first intelligent research and teaching training dual-purpose ship, the new Redtory, berthed at Haikou new harbor on July 1, opening the Hainan cultural tour. The ship, jointly deve...

2025-07-01