According to the Safety and Shipping Review 2022 report by Allianz Global Corporate & Specialty (AGCS), the shipping industry has continued its long-term positive safety trends over the past year.
An estimated 260,000 TEU of cargo is expected to flood the market at the Port of Shanghai this summer, making this year's peak season even busier than last.
The Russia-Ukraine War has triggered a global food crisis. The food competition has intensified, with soaring freight rates for small and medium-sized bulk carriers and daily rentals surging to more than $30,000.
According to Alphaliner, as of May 9, 2022, Evergreen Line's overall capacity reached 1,509,654 TEU, with a global capacity share of 5.9%, surpassing ONE, Japan's largest liner operator, to move into sixth place worldwide.
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