Container Shipping Rates Surge A New Trend on Latin America Routes

Container Shipping Rates Surge A New Trend on Latin America Routes

Recently, container freight rates on routes from Shanghai to Latin America have seen a significant increase, with rates from Shanghai to the Port of Santos reaching a historical high. This week, rates surged by 26%, reaching $3,646 per FEU. The phenomenon of vessel suspensions has led to increased profits for shipping companies, and regulators are beginning to pay attention to these changes, calling for companies to standardize their pricing management, although specific interventions regarding rates in Latin America remain uncertain.

07/22/2025 Logistics
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Discovering Port San Jose A Key Hub for Pacific Shipping

Discovering Port San Jose A Key Hub for Pacific Shipping

San José Port is an important Pacific port in Guatemala. Although less well-known than Quetzal Port, it plays a crucial role in the local economy and international trade. The port primarily exports agricultural products like coffee and cotton, boasting efficient loading and unloading capabilities. It is expected to continue fostering economic development in Guatemala.

07/24/2025 Port Encyclopedia
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Tanjung Pelepas Port A Strategic Hub for Southeast Asian Shipping

Tanjung Pelepas Port A Strategic Hub for Southeast Asian Shipping

Tanjung Priok Port is an important shipping hub in Southeast Asia, emerging as a global shipping leader with its excellent geographical location and strong container throughput capacity. It serves as a key base for major international shipping companies such as Maersk. The port is well-equipped, handling over 8 million TEUs annually, and is steadily enhancing its core position in international logistics.

07/24/2025 Port Encyclopedia
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Bangkok Port Overview The Hub of Thai Trade and Shipping

Bangkok Port Overview The Hub of Thai Trade and Shipping

Bangkok Port, located downstream on the Chao Phraya River in Thailand, is the country's primary commercial seaport. It primarily offers services to routes such as Singapore and Hong Kong, equipped with advanced loading and unloading facilities and strong cargo handling capabilities. The port serves as a crucial hub for Thailand's international trade.

07/24/2025 Port Encyclopedia
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New Coal Shipping Route at Jinzhou Port Enhances Logistics Development

New Coal Shipping Route at Jinzhou Port Enhances Logistics Development

Jinzhou Port has opened a new coal shipping route from Jinzhou to Dalian to address the declining demand in the coal market. This route aims to enhance the port's throughput capacity by employing an innovative intermodal transportation model that integrates rail, road, and port resources. By providing personalized services and optimizing transportation processes, Jinzhou Port expects to achieve a significant increase in the fourth quarter, with transport volume reaching 1.8 million tons and a growth rate of approximately 50%.

07/21/2025 Logistics
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