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Souce:5688.cn The Port of Rotterdam, Europe's largest seaport, said on Tuesday that as international trade continued to recover from the COVID-19 downturn, the port's cargo volume increased by 15% year-on-year in the third quarter. The port stated that in the first nine months of this year, trade flows into and out of Rotterdam increased by nearly 9%, with strong growth in almost all areas. "These data show that the economy is continuing to move up. Factories, companies, and logistics are again going all out to meet the growing demand. The port stated that strong consumer spending has pushed container freight back to pre-epidemic levels, while shipping prices have risen sharply.

Hopes that congestion in Southern California's ports will improve are fleeting. The number of container ships waiting at sea has decreased, and trans-Pacific spot prices have stabilized. The Biden government announced that the port will operate 24/7. However, the reality is that the congestion situation in Southern California ports has not improved. The waiting time for ships at sea continues to extend. There are too many ships and goods arriving, and the docks, trucks, trains and warehouses cannot handle them in time. The number of ships berthing and staying in waiting mode is once again close to historical records. According to data from the Southern California Maritime Exchange, ships waiting to berth outside the ports of Los Angeles and Long Beach on Tuesday, including container ships, general cargo ships and other ships carrying containers, have a total capacity of 512,843 TEU. From this perspective, this This is 10% more than the import volume of the Port of Los Angeles in September. Assuming that the ship is fully loaded, what is the value of the goods in these "floating warehouses"? The value of each container varies greatly, and it may be worth thousands of dollars or hundreds of thousands of dollars. But the statistics of the Port of Los Angeles may provide a reference. In 2020, the total customs value of the port of Los Angeles container imports is 211.9 billion U.S. dollars, and the total import volume is 4,827,040 TEU, which is equivalent to an average price of 43,899 U.S. dollars per imported TEU. This means that the total value of the cargo trapped on ships outside the ports of Los Angeles and Long Beach is about 22.5 billion U.S. dollars, roughly equivalent to McDonald's annual income or Iceland's GDP. According to the latest data from the official website of the

Source:www.zgsyb.com On October 18, China SCIO held a press conference on the performance of the national economy in the first three quarters. According to conference, in the first three quarters of this year, China's total imports and exports to countries along the "Belt and Road" increased by 23.4% year-on-year; the total number of China-Europe Railway Express has exceeded 10,000 trains, a year-on-year increase of 29%.

Hao Bao and Hao Ni are seen in Guangzhou, Guangdong province on Oct 9, 2021. President Xi Jinping renewed China's pledge to work with other nations in upholding true multilateralism and promoting the development of a high-level open world economy as he congratulated the opening of the 130th session of the China Import and Export Fair on Thursday. In a message sent to the fair, also known as the Canton Fair, Xi encouraged it to develop itself into a key platform for the nation to promote across-the-board opening-up and high-quality growth of international trade, and to connect domestic and international markets. He commended the fair, first held 65 years ago, for making important contributions to serving international trade, promoting domestic and international connectivity and spurring economic growth. Against a backdrop of major changes unseen in a century, a global pandemic and profound reforms regarding international trade, the fair should serve the nation's fostering of a new development paradigm, innovate its mechanisms, enrich its models and expand its functions, he said. In a keynote speech delivered at the opening of the fair in Guangzhou, Guangdong province, Premier Li Keqiang called on nations to uphold openness and cooperation to jointly promote economic recovery.

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E-commerce emphasized at convention and exhibition forum Source: chinadaily.com.cn Cross-border e-commerce, foreign trade and interconnectivity will be key to the future development of the convention and exhibition industry, experts said at a parallel sub-forum of the 2021 Guangdong 21th Century Maritime Silk Road International Expo Theme Forum. The convention and exhibition industry, as a powerful driver of trade growth, plays a vital role in global economic recovery, industry experts said at the sub-forum. The steady progress of cross-border e-commerce, digital expos and exhibition representative services has brought new opportunities for the development of the convention and exhibition industry under the pandemic. According to industry experts, traditional B2B offline exhibitions are mostly conducted on the basis of information matching, which means large business buyers need to go through a long purchase chain to complete trades. In comparison, as cross-border e-commerce continues to rise, transactions, customs clearance and logistics in trade between enterprises have become more convenient. In the new form of exhibition, full links under cross-border e-commerce will greatly shorten the time to reach trade for buyers and exhibitors, and improve the efficiency of orders. "The new exhibition shoul

The latest data from the analysis company Vessels Value shows that there are currently 427 container ships waiting in line for berths outside the world's ports, with a total capacity of 2914,445 teu, an increase of 14% compared with the 376 at the beginning of September, and the congestion situation continues to deteriorate. The company said that more and more ships are heading to the port, and the congestion shows no signs of improvement. Both US and Asian ports have been hit. 97 ships in the Port of Long Beach in Los Angeles are waiting to enter the port, and the total length of containers connected end to end can reach 2,200 kilometers "Now, the congestion in the port is very serious. When the anchorage is saturated, the ships have to drift in the nearby Santa Monica Bay or beyond. The port call time increases as the waiting time of the ships increases. Due to the need to work hard to clean up the accumulation. The number of containers and the shortened turnaround time, the port has extended its operating time." said Charlotte Cook, chief trade analyst at Vessers Value. According to a CCTV financial report, since this week, the US's busiest Southern California Ports of Los Angeles and Long Beach have intensified congestion. The latest data from the Southern California Maritime Exchange shows that as of this Monday, containers waiting to enter the port outside the above two ports There are as many as 97 cargo ships, unprecedented in history. According to calculations, if all the containers loaded on the waiting ship are connected end to end, the total length can reach about 2,200 kilometers, which is equivalent to half of the distance from the east coast to the west coast of the United States. Affected by factors such as the imbalance between supply and demand in the global shipping industry a

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Made-in-China.com pointed out that the main transportation carrier of international logistics in the traditional foreign trade era is sea freight, which is mainly FCL transportation, which accounts for more than 70% of the overall international logistics volume. In the era of cross-border logistics, because of the low cost of shipping, it will also become the main transportation carrier. According to data from Made-in-China.com, small and medium-sized export enterprises have grown rapidly in recent years, and because cross-border logistics is characterized by fragmented and high-frequency cargo forms, smart sea freight consolidation, which is constantly adjusted according to cargo inventory and order status, will become The mainstream logistics method in the field of cross-border e-commerce. According to Made in China.com, at present, China`s foreign trade export model has undergone a major transformation era of transformation and diversion from traditional foreign trade to cross-border trade. The international logistics serving foreign trade exports is also undergoing tremendous changes. Traditional foreign trade is characterized by downstream control of goods with foreign importers as the main body, and foreign freight forwarders designated by overseas importers as the core; while in the era of cross-border e-commerce, it is a trade form in which domestic export companies mainly control goods. This has brought a new trend of international logistics with fragmentation and high-frequency replenishment as the core. Source: www.cs.com.cn/

More than 5,000 containers have been abandoned in Nigeria ports, some of them are as long as one year! It is reported that the number of abandoned containers in Nigeria ports has risen sharply. According to Mohammed Bello-Koko, Acting General Manager of the Nigeria Port Authority, there are more than 5,000 abandoned containers in Nigeria ports, and some containers have even been damaged. Abandoned for a year. Usually, these "unclaimed" containers are called "overtime". If the owners of these goods leave them in the port for more than 90 days after unloading, the customs authorities can confiscate them. The Acting General Manager of the Nigeria Port Authority, Belo Koko, asked the port to auction these unclaimed containers. The authorities are looking for ways to check the congestion of important ports. This situation is closely related to the congestion in many ports in Nigeria, prompting the authorities to act quickly because they do not want a Long Beach-Los Angeles situation. Maritime problems also plagued Africa, with Durban Port's on-time rate plummeting 33.25% At present, the most concerned route in the shipping market is Asia-North America, followed by Asia-Europe. Because these two routes are more profitable, when containers and cargo ships are in short supply globally, shipping companies will naturally concentrate their capacity on the trans-Pacific. On the routes and Asia-Europe routes, the African routes have been cut. In particular, Durban Port, the third largest port in Africa and the largest port in South Africa. Due to

On 7 September, senior government officials from the EU, the US and the People's Republic of China participated in the Fifth Global Maritime Regulatory Summit. Participants included representatives of the competition and maritime authorities responsible for regulating international liner shipping in the world's largest liner trade lanes. The summit covered sectoral developments since the start of the coronavirus pandemic, including the challenges faced by the international container transport sector and broader issues of maritime supply chains. Participants agreed that the pandemic presented operators in shipping companies, ports and logistics services with exceptional challenges, on routes to and from the EU as well in other parts of the world. They exchanged views on the respective actions undertaken by their jurisdictions, as well as future outlook and perspectives, including possible actions to increase the resilience of the sector. The summit takes place every two years and is a forum to foster cooperation between the three authorities. The next summit will be convened in 2023 in China. Source: www.eureporter.co

As the logistics industry recovers from the damage caused by the July floods, it appears that the congestion surcharge will become a permanent fixed fee for European inland waterways. Hapag-Lloyd announced last week that from September 15th, the rate will be increased from 135 Euros per TEU and 155 Euros per 40-foot container to 140 Euros and 170 Euros, respectively. Maritime Organization (IMO), congestion and the impact of high water surcharges or low water surcharges. A person familiar with the matter said: "I have lost all the news about these changes and costs. The operators seem to do whatever they want, but this seems to make the congestion surcharge permanent." In July this year, Hapag-Lloyd announced that in view of the abnormal congestion in Rotterdam, a surcharge of 20 euros will be imposed on each TEU. Previously, barge transportation between Antwerp and Rotterdam would be charged a surcharge of 35 euros. However, the latest rate news has surprised people familiar with the matter, as the waiting time for ships of the main inland operator Contargo has been declining in recent weeks. The average waiting time for ships in Antwerp is 36 hours, and the average waiting time for ships in Rotterdam is 49 hours. The former is slightly lower than last week. The overall trend of congestion time has stabilized at around 40 hours, which is lower than the peak of 180 hours earlier this year. "Nevertheless, the situation in the inland areas is still a bit chaotic. What we see is that the inland shipowners are busy transporting empty containers." The person familiar with the matter said. "For operators like Contargo, this is not a big deal. They have their own customers and set up routes. Shipping companies will require operators to pick up 400teu empty containers, and they will provide 15teu." Hapag-Lloyd is not the only company that imposes a surcharge on inland transportation. Maersk

As shippers` demand is still at a high level, the entire supply chain is experiencing bottlenecks, port infrastructure is tight, and inland transportation is approaching the overload level, and shippers have almost no signs of relief in the short term. The latest data from Xeneta shows that the real-time freight rates of major shipping companies stabilized in August, but they continue to predict that increased port congestion and relentless demand before year-end holiday sales will continue to drive the market in the coming weeks.

"Currently, more than 40 freighters are queuing to enter the port for unloading." Splash, a global shipping professional website, reported that the two major container ports on the west coast of the United States, the Port of Los Angeles and the Port of Long Beach, both set the highest ever-congestion record for container shipping on the same day. It is even worse than the temporary closure of the port in 2002 and 2004. In 2002, the ports of Los Angeles and Long Beach were closed for 10 days and could not accept container ships. In 2004, the two ports were closed for 8 days. According to reports, the current reduction in US retail inventories has further aggravated the unloading pressure on container ports. Industry insiders pointed out that the cost of seaborne imports paid by US importers and retailers has soared, but the port's ability to accept it is indeed limited. An executive at the Port of Los Angeles said, [It`s like merging 10 lanes of traffic into 5 lanes on a highway. It will definitely delay." Some industry insiders suggested that American consumers should be before the [Black Friday" shopping festival and Christmas season at the end of the year. Prepare the goods early to avoid the embarrassment of not receiving the goods on holidays. According to the latest World Container Index weekly report, the cost of trans-Pacific ocean shipping has increased sharply recently. In the past week, the shipping cost from Shanghai to Los Angeles has increased by nearly US$400 to US$11,362 per container in terms of a 40-foot international standard container. The shipping cost from Shanghai to New York increased by more than US$600 to US$14,136 per container. At the same time, U.S. port trade is also affected by the deficit, and the turnover ratio of the Los Angeles port container has reached 5:1.

At present, the trans-Pacific route has tight container space and high freight rates. In addition to port congestion, crew shifts, and insufficient American rail truck capacity, the fundamental reason is the sudden increase in freight demand. According to the trade data just announced by China, Japan and South Korea, from January to July, exports of the three countries to the United States were 434.42 billion U.S. dollars, compared with only 323.844 billion U.S. dollars in the same period last year, a year-on-year increase of 34%. Statistics also show that from January to July, the three major ports on the west coast of the United States (the Port of Los Angeles, the Port of Long Beach, and the Northwest Port Alliance) also increased the volume of heavy container imports by 34% over the same period last year, reaching 6.869 million TEUs, compared with only 5.113 million standard containers in the same period last year. Box. What a coincidence! The 34% increase in exports of China, Japan and South Korea to the United States promoted a 34% increase in the volume of imported containers at major ports on the Pacific coast of the United States. Specifically, from January to July, China`s exports to the United States were 302.456 billion U.S. dollars, imports 102.10673 billion U.S. dollars, and the total import and export volume was 404.563 billion U.S. dollars, an increase of 37%, 50%, and 40% respectively over the same period in 2020; compared with the same period in 2019, The three indicators increased by 27%, 45% and 31% respectively. Japan`s July exports of goods were 7356.4 billion yen and imports were 6,915.4 billion yen, an increase of 37% and 28.5% respectively over the same period last year. Among them, exports to the United States were 1,3840.8 trillion yen and imports were 724,033 million yen, an increase of 27% and 24% year-on-year. According to data previously released by the Japanese Customs, from January

The Navy said the ship is carrying 1,486 containers, including 25 tons of Nitric Acid and other chemicals which it had loaded at the port of Hazira, India on May 15. Preliminary investigations indicate the fire started due to a chemical reaction of the hazardous cargo. The fire broke out on the afternoon of May 20, 9.5 nautical miles northwest of the port of Colombo. Fire on [X-press Pearl" Details of the accident As reported that smoke was spewing from a container filled with chemicals at first.The smoke then escalated into a fire, possibly due to rain mixing with burning chemicals. The Sri Lankan navy deployed two offshore patrol boats (USS Sagara and USS Sindurala), a fast attack boat and a Sri Lankan fire tug to put out the fire and bring it under control.

According to shipping company's notice,China Low Sulphur Charge (CLS) will be adjusted effective from March 08,2019 with reference to B/L on-board date .All China inbound and our outbound shipments from Australia & New Zealand Trade services (exclude Taiwan origin and destination) .This charge is payable at China which is RMB100/20' and RMB200/40' . Sea Freight To Australia & New Zealand

ISEA(international shipping enterprise alliance) annual meeting held in Guangzhou on Jan. 10 2018. As one of the INITIAL MEMBER Shantou Yitong intl freight forward co. took part in the grand meeting. As a professional freight forwarder, Shantou Yitong we promote the integrity and professional service concept,to provide one-stop logistics services and efficient logistics solutions for the customers at home and abroad. Abide by the ISEA alliance agreement, we play a role of the alliance in the port of Shantou. At the same time we provide the professional consultation to the industry and abide the integrity service.

Dear Clients, Pls attention following rate adjustment notice from Wan Hai carrier.Thanks for your all support!

June 12, 2017 HKG-2017-13 New requirement for Shipment destined to Saudi Arabia Dear Customers, Pls pay attention to below notice from OOCL. ------------------------------------------------------------------------------------------------- According to Saudi Arabia Customs` new requirement, with immediate effect, for any shipment destined to Saudi Arabia, there is new requirement to show the related Numbers for Consignee in Bill of Lading. OOCL respectful request our customers must to provide valid and accurate Numbers for consignee in the Shipping Instruction. The following Numbers are required to show in Consignee column after address:- 1) Consignee Importer Number, and 2) Consignee Commercial Registration (CR) Number, and 3) Consignee Mobile Number If the Consignee is "To Order of Bank" then Notify Party has to provide such details.

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The First Session of International Freight Connection Convention (IFCC) was held successfully at Guangzhou Baiyun International Convention Center on June 13th. Many distinguished guests were included. The attendance was 1101, making it the largest convention for freight forwarding industry within China. As the only member unit on behalf of Shantou Port, Shantou Yitong International Freight Forwarding Co., Ltd was also invited to the grand meeting (being located at Counter 1-B-005). A friendly and warmly expertise exchange was held between Yitong and other cooperative agents as well as industrial peers in domestic. Distinguished guests from 29 ports and central cities are invited to the convention, including WIFFA members, freight forwarders, carriers, foreign trade corporations, port groups, financial institutions, logistics sci-tech companies and law firms. Some famous shipping companies were also present such as MSC, ZIM, WHL and COSCO.