#SunnyWorldwdieLogistics November 30th Logistics Information#

1. On the morning of November 29, local time, a Chinese cargo ship sank in the waters near Koju Island, Sinan County, Jeollanam Province, South Korea. So far, the local coast police have not found any crew members in the accident ship.

2. The final bidding for HMM, South Korea’s largest container liner shipping company, has ended. LX International, a shortlisted candidate, has chosen to withdraw. Harim Group and Dongwon Group are in the final battle for a new owner.

3. The intelligent container bottom tally inspection system developed by Shandong Port Rizhao Port has been officially put into operation. As the first of its kind in coastal ports in the country, the system can achieve "sensorless" and zero-delay tally inspection.

4. The head of research at Freightos said that after the Houthi armed forces seized Israeli ships, as shipping companies adjusted routes to avoid attacks, not only "transportation time was longer", but freight rates soared.

5. Shipping companies such as Maersk, CMA CGM, COSCO Shipping, and Hapag-Lloyd have started a new round of price increase plans, announcing an increase in FAK rates for routes from Asia to Northern Europe.

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