A CMA CGM ship lost 44 containers overboard was an E-commerce express vessel from China to Europe.

A CMA CGM ship lost 44 containers overboard was an E-commerce express vessel from China to Europe.

On July 11, the official website of CMA CGM announced that one of its container ships, named CMA CGM BENJAMIN FRANKLIN, experienced a container overboard incident due to severe weather. Forty-four containers were lost overboard, and an additional thirty containers were damaged. It is worth noting that this route is frequently used for cross-border e-commerce…

It is necessary to buy international logistics insurance – the risk of piracy is increasing

It is necessary to buy international logistics insurance – the risk of piracy is increasing

In 2023, the impact of the COVID-19 pandemic on the shipping industry has diminished, but the complex international political landscape and piracy activities continue to disrupt the operational ecosystem of the maritime sector. Recently, the International Maritime Organization (IMO) released its 2023 annual maritime security report. According to information from the piracy and armed robbery…

Several shipping lines have reduced freight rates

Several shipping lines have reduced freight rates

There has been a notable development in international sea freight rates. The rates for the European routes have seen a correction, ending the previous nine-week upward trend. The market is now focused on whether the European route rates have peaked. Meanwhile, freight rates for the Persian Gulf, West Africa, and South Africa routes have experienced…

Will the freight rates increase or start to decrease?

Will the freight rates increase or start to decrease?

Global shipping is once again facing surging freight rates, port congestion, and container shortages, tightening the nerves of the global supply chain! The COVID-19 pandemic once caused a supply chain disruption crisis, and now new challenges have suddenly arisen. Port congestion, soaring freight rates, along with the multiple impacts of geopolitical and climate factors, are…

Top 11 Best-Selling Products Overseas in 2024

Top 11 Best-Selling Products Overseas in 2024

Nowadays, there is a wide variety of cross-border e-commerce products available, making it increasingly difficult to choose among them. Linkway has therefore compiled a list of 11 best-selling products based on global consumer behavior, to assist cross-border sellers in product selection. In 2024, 12.7% of full-time employees in the US worked from home, while 28.2%…

Upcoming Italian Port Strikes: Anticipate Significant Shipping Delays

Upcoming Italian Port Strikes: Anticipate Significant Shipping Delays

According to media reports, Italian union port workers plan to strike from 2 to 5 July, with protests scheduled across Italy from 1 to 7 July. Port services and shipping may be disrupted. Shippers with recent shipments to Italy should be aware of potential logistics delays. Despite six months of contract negotiations, Italy’s transport unions…

Fire Breaks Out at Antwerp Port, Dock Operations Halted

Fire Breaks Out at Antwerp Port, Dock Operations Halted

On the evening of 23rd June local time, a container fire incident occurred at the Port of Antwerp in Belgium. Operations at the container terminal were partially suspended as emergency services worked to eliminate the danger. As a precautionary measure, operations were halted for 12 hours and ships were evacuated. Currently, the terminal has resumed…

CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

According to the latest data from Alphaliner, the global container fleet has reached a milestone of 30 million TEUs (twenty-foot equivalent units) for the first time. This achievement is attributed to the significant delivery of new ships from Asian shipyards, setting a new record. This growth reflects the rapid development of the shipping industry and…

Two major European port warning will face delays

Two major European port warning will face delays

Since the strikes at the ports of Hamburg and Bremen, along with continued strikes at several smaller ports, the handling of containers has slowed significantly. This has resulted in long queues at the harbors, with large ships waiting to dock and unload their containers. Maersk emergency warning shipping schedule delayed In response, global shipping giant…

Many Amazon warehouses are overstocked, causing U.S. shipping rates to skyrocket
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Many Amazon warehouses are overstocked, causing U.S. shipping rates to skyrocket

Multiple Amazon warehouses are already overstocked, with long lines forming outside some of the most popular ones. During this critical period of slow seller deliveries and restocking, some employees have deliberately set fires in Amazon warehouses, further exacerbating the pressure on these facilities. As U.S. import volumes surge, shipping prices on U.S. routes are skyrocketing,…