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Major shipping disruptions unfold: Panama-flagged vessel sinks near Phuket causing oil spill, Italian port strikes halt operations, and blank sailings surge to 18% on key routes.
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Storm disrupts Pilbara iron ore exports, Evergreen enforces stricter cargo booking rules, and MSC announces FAK rate revisions for Africa/Indian Ocean routes from 2026.
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On February 6th, the first member assembly of the Beijing Future Entrepreneurs Promotion Association was officially held. Leaders from the Beijing Federation of Industry and Commerce, Fengtai District, and nearly a hundred member representatives gathered to witness this grand event aimed at promoting high-quality regional economic development. The Beijing Future Entrepreneurs Promotion Association adheres to the core philosophy of "entrepreneurship guided by the Party, innovation for the nation, and contribution to the people." With the mission of "uniting the strength of future entrepreneurs and promoting the development of new productive forces," the association strives to build a multi-level, precise service system to assist member enterprises in achieving technological innovation, industrial upgrading, and high-quality development, aiming to become a domestic leader and an internationally influential platform for future entrepreneurs.
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On May 17, IBI (Beijing United Information Technology Co., Ltd.) signed a strategic cooperation agreement with the Rizhao Municipal People’s Government.
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Italy's USB union announces a 24-hour global port strike affecting 21 Mediterranean ports. COsCO launches new CPV route from Yangpu to Seattle. Drewry's WCI index falls 5% amid rate declines.
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Labor strikes halt Bangladesh's Chittagong Port. ONE appoints new West Africa agent. Hainan Logistics expands with $27M Guangdong subsidiary for cargo and warehousing services.
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Italian unions announce 24-hour Mediterranean port strike for Feb 2026 affecting 21+ ports. Wan Hai acquires Osaka terminal for $87M. MSC adds Port Chalmers to Wallaby service.
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MSC rules out Arctic shipping over safety concerns. 103 voyages canceled in five weeks, mainly trans-Pacific. China's 2025 port throughput beats forecasts with strong container growth.
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MSC launches Australia-US East Coast service via Wellington. Maersk's APMT takes over Panama's Balboa & Cristobal ports. Global shipping rates plummet across major routes.
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The FMC fines MSC $22.67M for billing violations. CMA CGM forms a $10B terminal JV with Stonepeak. COSCO launches a new trans-Pacific route from Hainan to Seattle.
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COSCO reports 70.3% TEU growth at Yangpu port. ONE restructures Mediterranean services for better connectivity. Evergreen orders 23 new container vessels to expand fleet capacity.
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Latest maritime updates: Ruby Tower ship grounding in Alabama resolved, Evergreen launches new Latin America route WSA6, and Drewry reports a 3% drop in Asia freight rates.
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Analysis of falling global freight rates, 16% blank sailings in 5 weeks, Drewry WCI drop to $2,212/FEU, and Ningbo Port's 2025 revenue growth to ¥31.06B amid market shifts.
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Daily titanium market report covering price indices for titanium ore, slag, sponge, and TiO2. Includes industry operating status, supply-demand analysis, and short-term outlook.
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Recently, IBI founder and CEO Qian Xiaojun attended the Fengtai Two Sessions' special program "Dialogue with Leaders" and the 2026 Fengtai Conference on High-Quality Development of Private Economy. He discussed the implementation of the regional "15th Five-Year Plan" and the innovative development of the private economy, systematically conveying the practical paths and responsibilities of enterprises in deepening industrial digitization and assisting regional upgrades. As a guest on the Fengtai Two Sessions' "Dialogue with Leaders," Qian Xiaojun, representing key enterprises, engaged in dialogue with guests such as Lu Yingbo, Director of the Fengtai District Development and Reform Commission. He stated that IBI, during the "14th Five-Year Plan"...
