#china-shipping
(7 articles)Chinese Freight Rates Double in Six Months: Supply Chain Impact
Chinese freight rates have experienced a dramatic doubling over a six-month period, according to Ramps CEO, indicating significant structural pressure in the transpacific shipping market. This escalat
25 dead in cargo ship fire at China's Qingdao shipyard
A catastrophic fire aboard the Liberia-flagged dry bulk carrier Ocean Melody claimed 25 lives at the Qingdao Beihai Shipbuilding facility in eastern China on Thursday. The vessel, which arrived for ro
Chinese Port Congestion Escalates, Stranding Shipments
Chinese ports are experiencing significant congestion that is materially impacting container vessel operations and international shipping timelines. The phrase 'fogged down' in the headline suggests v
Cosco Faces Intelligence Gathering Accusations on Cargo Vessels
Chinese shipping giant Cosco is facing accusations that its cargo vessels are being utilized for intelligence gathering activities, according to World War Design reporting. This allegation introduces
Typhoon Dolphin Strands 2.4M TEUs, Deepens China Port Crisis
Typhoon Dolphin has significantly escalated congestion at Chinese ports, with 2.4 million TEUs (twenty-foot equivalent units) now stranded in the system. This weather event compounds existing bottlene
Matson Profit Surges 30% on Strong China Shipping Demand
Matson's second-quarter 2026 results demonstrate the sustained strength of trans-Pacific container shipping, with the carrier reporting a 36.6% increase in net income and a 40.6% jump in operating inc
Woman Sentenced in $150M USPS Counterfeit Postage Scheme
A Los Angeles-based woman, Lijuan 'Angela' Chen, has been sentenced to 30 months in federal prison and ordered to pay $158 million in restitution for her role in a massive counterfeit postage scheme t