Recently, the maritime shipping market has captured the spotlight once again, with a surprising trend emerging: freight rates continue to climb, even during what is traditionally considered the off-season. At Shunshida International Logistics, we've delved into the matter and identified four major factors contributing to this unusual phenomenon. 1. Ongoing
As July comes to an end, the focus of many traders has shifted to the trends in ocean freight rates for August. Based on feedback from several shipping companies and the latest international developments, I have analyzed and predicted the market trends for August. Here is a detailed interpretation and
Recently, Xeneta, a shipping market analysis platform headquartered in Oslo, Norway, issued a stark warning regarding the current state of freight rates in the container shipping industry. They emphasized that shipping companies are currently operating at rates that effectively subsidize the cost of transporting goods globally. Looking forward, Xeneta predicts
Overview Founded in 1970, Mediterranean Shipping Company S.A. (MSC), headquartered in Geneva, Switzerland, is a global player in shipping and logistics, facilitating international trade between major economies and emerging markets across continents. Meanwhile, A.P. Moller-Maersk A/S (Maersk), a Danish shipping company with a rich history dating back to 1904, has
