Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

Pearl River Shipping Rate Index Trial Run: A Key Step for Guangzhou Towards an International Shipping Center

The Guangzhou Port Authority announced a trial run of the 'Pearl River Shipping Freight Rate Index' aimed at optimizing bulk logistics and enhancing Guangzhou's market influence. The forum discussed the advantages of strengthening river-sea and rail-water transportation. Future efforts will focus on increasing infrastructure development and port capacity. Additionally, the index will monitor freight rate fluctuations in real-time, providing valuable reference for the industry and contributing to Guangzhou's goal of becoming an international shipping center.

11/21/2023 Logistics
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Dry Bulk and Tankers Thrive As Container Shipping Slows

Dry Bulk and Tankers Thrive As Container Shipping Slows

Goldman Sachs predicts a "two highs, one low" scenario for the shipping industry in the coming years. Dry bulk and tanker freight rates are expected to remain high, benefiting from demand growth and capacity constraints. However, container liner freight rates face the risk of decline due to overcapacity and increased competition. The report analyzes the supply and demand dynamics and investment opportunities in each segment, providing a reference for investors. It highlights the diverging trends within the shipping sector.

US Tariff Deadline Sparks Air Freight Boom Strains Shipping

US Tariff Deadline Sparks Air Freight Boom Strains Shipping

Adjustments in US tariff policies have triggered a surge in exports to the US from Southeast Asia, leading to increased international air freight rates. A Dimerco report highlights market volatility, citing factors such as tight capacity, typhoon impacts, and US-China trade negotiations. The shipping market faces multiple challenges. Exporters and shipping companies need to closely monitor market dynamics and respond flexibly to these changes. The 'rush to ship' phenomenon is significantly impacting air cargo costs and availability.

12/30/2025 Logistics
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July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

July Shipping Shakeup: Europe Rates Soar as US Prices Plunge

Global shipping markets face sharp shifts this July, with European route rates hitting record highs due to capacity reallocation and port congestion, while US West Coast rates drop amid oversupply and weak demand. Carriers' pricing updates confirm this divergence, urging shippers and forwarders to monitor trends closely for upcoming volatility.

06/20/2025 Logistics
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Ras Lanuf Port Overview From Oil Transport to Safety Regulations

Ras Lanuf Port Overview From Oil Transport to Safety Regulations

Ras Lanuf Port is a significant oil port in Libya, with a maximum capacity of 255,000 deadweight tons, equipped with comprehensive oil transportation facilities and safety regulations. This article provides a detailed analysis of the port's basic information, oil transportation facilities, international relations, and important considerations, offering valuable insights for shipping companies.

European Firms Lead Surge in Refrigerated Shipping Demand

European Firms Lead Surge in Refrigerated Shipping Demand

As global demand for refrigerated goods rises, European shipping companies are excelling in the refrigerated capacity sector. MSC currently leads globally in refrigerated container space, showing a positive growth trend compared to other major companies like CMA CGM. Although Asian enterprises started later, they are also rapidly catching up in this field.

Container Shipping Sector Poised for Growth in Late 2025

Container Shipping Sector Poised for Growth in Late 2025

In the second half of 2025, the container shipping market is facing multiple challenges including U.S. tariff policies, the situation in the Red Sea, and fleet growth. Experts suggest that container trade may decline, with ship supply exceeding demand, while the market's volatility and uncertainty will significantly impact capacity and freight rates.

Argentina Expands Air Cargo Capacity at San Juans UAQ Airport

Argentina Expands Air Cargo Capacity at San Juans UAQ Airport

Domingo Faustino Sarmiento Airport (UAQ) in San Juan, Argentina, is a crucial air transport hub for San Juan Province. This paper details the airport's three-letter code, geographic location, functional role, and its significance within the Argentine air transport system. It also explores future development prospects. Furthermore, it introduces the three-letter code search system provided by West Coast Cargo Network and other useful air transport-related tools. This information is valuable for understanding UAQ's role in facilitating air travel and cargo operations in the region.