eCon-Network connects users and suppliers of one-way containers or shipper’s own containers (SOC’s) on a neutral online platform.

eCon-Network provides effective progress for your container pickup and offhire.

ONE WAY CONTAINERS

Easily find supplier and users for your ONE WAY.

SMART RELEASE (QR CODE RELEASE)

Get the accurate details for the container after sending your release or acceptance instruction to CY.
Avoid fake instruction via QR code release.
Non-Face to Face checking release order.

What We Offer

Connect users and suppliers of one-way containers or shipper’s own containers (SOC’s) online.

Provide effective progress for your container pickup and offhire.

Find supplier and users for your ONE WAY easily.

Get the accurate details for the container after sending your release or acceptance instruction to CY.

Avoid fake instruction via QR code release.

Get Start

Membership

Membership

$188 per month


3.50% Service fee
Pick-up your sales amount of one-way

Agree eCon-network Contract

You are on common terms with the eCon-Network Multiparty Agreement!

Survey all containers

The supplier arrange a surveyor before pick-up (get a CSC plate, Photos, Report)

Protected Payment & Invoicing

3.5% service fee from profit of PDM, Pick-Up fee

eCon-Network NEWS

US container imports plunged by 20% in the first two months of this year.

On March 9, a report released by Descartes Systems Group showed that the import volume of US seaborne containers fell by 20% in the first two months of this year. In January and February of this year, the total number of containers entering the United States in 20-foot equivalent units was 3.8 million, down from 4.78 million in the same period in 2022, and basically equal to the level in the same period in 2019. The global container rate of 40 feet has returned to the level before the pandemic. This is mainly because most central banks around the world actively raise interest rates to cope with inflation, curb consumer spending, and thus reduce international trade. Some media commented that the economic burden of soaring inflation and rising interest rates in the United States mainly falls on low-income consumers. Given that consumption accounts for 68.5% of US GDP, the disturbing slowdown in the container shipping industry shows that the US economy is showing signs of faltering. Descartes said that container throughput from China, Japan and Germany dropped the most. The market believes that the decline of container imports in the United States is an ominous sign, because some strategists believe that the economic recession may start in the second half of this year. In addition, the interest rate hike that began last year has just begun to play a role in the US economy and will strongly curb economic activity in the coming months. The sharp decline in US container imports did not begin this year. According to Descartes, the number of containers in the United States in December last year decreased by 19.3% compared with December 2021, and only 1.3% more than December 2019. In 2020, the epidemic spread and urban blockade led to a sharp decline in global trade.

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What impact will Turkey's earthquake have on global trade?

It is reported that on February 6, two 7.8 magnitude earthquakes hit southeastern Turkey, affecting at least 10 provinces in Turkey. The death toll in Turkey rose to 12,873 and another 62,937 people were injured. More than 6,000 buildings collapsed. The powerful quake affected a number of ports in the country, severely damaging Limak Port Iskenderun, a major port in the Mediterranean coastal city of Iskenderun in southern Turkey, forcing authorities to suspend port activities, according to Turkey's maritime authority and local media. As a result, part of the port of Iskenderun was damaged, and the number of ships arriving, departing, in and berthing at the port decreased significantly. Turkey straddles the Eurasian continent, connects the Black Sea and the Mediterranean Sea, and is an important transit place and transportation hub for Europe, Asia and Africa, among which the Turkish Strait is the only channel connecting the Black Sea and the Mediterranean Sea. Iskenderun Port is a Mediterranean port in Turkey. It is located in Hatay Province, Turkey. It is the second largest port in southeast Turkey. 72 hours after the quake, shipping routes in Turkey and its surrounding areas, including the Black Sea to the north and the Mediterranean to the south, have not been significantly affected. However, in the longer term, global shipping will be involved in the whole body, many ships outside the port of Iskenderun "shut down", will bring more uncertainty to the normal navigation of the Turkish Strait, or will affect the price trend of commodities and the stable operation of the international industrial chain and supply chain, will have a certain impact on international trade. For China, Turkey is an important part of the Belt and Road Initiative and an important trading partner of China. Data shows that China is one of Turkey's top five trading partners. According to the latest data from the General Administration of Customs, the total import and export trade between China and Turkey in the first three quarters of 2022 reached 190.3 billion yuan. Globally, Turkey is an export-oriented economy. According to public data, Turkey ranks first in the world in the reserves of boron, chromium and other elements, which are important resources for industrial development. At the same time, Turkey is the seventh-largest plastic producer in the world and the second-largest plastic producer in Europe. The chemical industry is a major part of Turkey's industrial system. In addition, Turkey is the world's sixth-largest exporter of textiles and eighth-largest exporter of ready-made garments. After the earthquake, the import and export of textile industry chain and chemical industry chain may be affected.

Read More

A large number of empty containers are piled up in Chinese ports.

Previously, Container xChange, a container leasing and trading platform, reported that there were too many empty containers to fit, and there was not enough warehouse space to accommodate all containers. It is reported that at the end of the year when the shipping season was "very quiet", a large number of empty containers were piled up in Chinese ports. Alice Tang, a Sino-European land transport planner at ITS Cargo, said that the serious shortage of equipment caused by the cargo boom caused by the epidemic last year had been completely reversed. "A large number of empty containers are piling up in Guangzhou, Yantian, Shekou and other ports." "Some people say that the containers have been stacked on the road, while others say that 90% of the container space has been occupied. In the past, trailer drivers usually transported the loaded containers to the dock and picked up empty containers for the next order of goods. Now, most drivers no longer pick up empty containers because there is no next order of goods to pull." "Last year, the freight forwarders lined up all night to grab an empty container and joked that the container might be worth more than gold of the same weight." Alice Tang said that compared with 2021, the fourth quarter was "very quiet" and the freight rate was also very low. According to Linerlytica's data, the freight rate from the Far East to Europe, the Middle East and Africa continued to show a downward spiral trend, and saw the largest drop last week, because "the freight volume of all trade routes is very weak". The analyst added: "Shipping companies are pushing for a new round of general price increase in December, but they are unlikely to succeed if they do not eliminate the excess capacity. The contract freight in 2023 seems certain to decline by 80% because they reflect the decline in spot freight." "But now they can't sell all the goods because consumers have reduced their spending on shopping this year. Even in the first quarter of next year, the situation may not be good."

Read More

The shipping industry faces a new problem: container surplus

With the economic recovery of countries after the COVID-19 epidemic, there was once a shortage of shipping containers in the world. Now not only that situation no longer exists, but even the shipping industry is facing an diametrically opposite problem: there are too many empty containers! In addition to the decrease in freight, the data shows that the container warehouse is now full of empty containers. This is another proof of the decline in global consumer demand and the economic slowdown. Traders and shippers pointed out that this is not a sign that the global economy is recovering, but a sign that consumer demand is declining. "There is not enough warehouse space to accommodate all containers," Christian Roelofs, CEO of Container xChange, an online container logistics platform, said this week. He also warned that container warehouses would face greater storage pressure in the coming months. Drewry said in its latest analysis that 14% of the voyages on major container routes were cancelled from the end of November to the beginning of December. Last week, Maersk, a shipping giant, warned in its third quarter performance report that freight rates had peaked against the backdrop of easing supply chain difficulties and declining demand. The company told investors that it expected marine profits to decline. Container xChange interviewed 200 freight forwarders, traders and shippers in a survey last month. Nearly 60% of them said that they were coping with geopolitical, economic and political risks, which brought downward pressure on consumption, leading to a decline in container demand.

Read More

The congestion of major ports around the world is gradually eased

The delays at the world's major ports are not as serious as before. Compared with the beginning of 2022, the main ports in four regions are less affected by the delay at present. However, the arrival time of ships is still higher than the level before the outbreak in 2019. Sea Intelligence investigated the arrival of ships at the 6 largest ports in each of the five most important container transport regions (Asia, North America's east and west coasts, Northern Europe and the Mediterranean). The analysis company said that among the largest ports in Asia, the west coast of North America, Northern Europe and the Mediterranean, the average delay time of late arrival ships reached the peak in early 2022, and has been declining since then. The only exception is on the east coast of North America, where port delays have become worse, possibly because port pressure and congestion have shifted from the west coast to the east coast. In general, delays at major ports in four of the five regions peaked at the beginning of 2022. Since then, the reliability of shipping schedule has improved, but it has not reached the pre epidemic level. According to the data of Sea Intelligence, compared with ports in Europe and Asia, the average delay time of ports in North America is the longest. In general, there are significant differences between regions. Sea Intelligence has generally concluded that, although it is still higher than the average level before the epidemic, the severity of delay (except for the East Coast of North America) will be reduced in 2022.

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Terms & Condition

eCon-Network Terms of Service Contain the following.

Introduction

Welcome to eCon-Network!

Thank you for using our services and products. We are eCon-Network.

eCon-Network Standard Terms and Conditions written on this webpage shall manage your use of our website, eCon-Network accessible at eCon-Net.com.

These Terms will be applied fully and affect to your use of this Website. By using this Website, you agreed to accept all terms and conditions written in here. You must not use this Website if you disagree with any of these

Website Standard Terms and Conditions.

Intellectual Property Rights

Other than the content you own, under these Terms, eCon-Network and/or its licensors own all the intellectual property rights and materials contained in this Website.

You are granted limited license only for purposes of viewing and using for your container business the material contained on this Website.

Restrictions

You are specifically restricted from all of the following:

Publishing any Website material in any other media;

Selling, sublicensing and/or otherwise commercializing any Website material;

Publicly performing and/or showing any Website material;

Using this Website in any way that is or may be damaging to this Website;

Using this Website in any way that impacts user access to this Website;

Using this Website contrary to applicable laws and regulations, or in any way may cause harm to the Website, or to any person or business entity;

Engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website;

Using this Website to engage in any advertising or marketing.

Certain areas of this Website are restricted from being access by you and eCon-Network may further restrict access by you to any areas of this Website, at any time, in absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality as well.

Your Content must be your own and must not be invading any third-party's rights. eCon-Network reserves the right to remove any of Your Content from this Website at any time without notice.

No warranties

This Website is provided “as is,” with all faults, and eCon-Network express no representations or warranties, of any kind related to this Website or the materials contained on this Website. Also, nothing contained on this Website shall be interpreted as advising you.

Limitation of liability

In no event shall eCon-Network, nor any of its officers, directors and employees, shall be held liable for anything arising out of or in any way connected with your use of this Website whether such liability is under contract.

eCon-Network, including its officers, directors and employees shall not be held liable for any indirect, consequential or special liability arising out of or in any way related to your use of this Website.

Indemnification

You hereby indemnify to the fullest extent eCon-Network from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way related to your breach of any of the provisions of these Terms.

Severability

If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.

Variation of Terms

eCon-Network is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review these Terms on a regular basis.

Assignment

The eCon-Network is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, you are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.

Entire Agreement

These Terms constitute the entire agreement between eCon-Network and you in relation to your use of this Website, and supersede all prior agreements and understandings.

Governing Law & Jurisdiction

These Terms will be governed by and interpreted in accordance with the laws of Hong Kong, and you submit to the non-exclusive jurisdiction of the state and federal courts located in Country for the resolution of any disputes.

eCon-Network Terms of Service Version: 1.0

Notification Date: January 21, 2021

Privacy

eCon-Network (hereinafter referred to as the “Company”) has established and complies with a privacy policy (hereinafter referred to as “Privacy Policy”) in order to actively protect customers’ personal information and comply with all laws related to personal information. In addition, through the Privacy Policy posted below, the Company informs customers the purpose and method of usage regarding the personal information that they provided, and the measures implemented to protect personal information.

This Privacy Policy is disclosed on the website operated by the Company, and can be easily accessed by customers at any time. The Company’s Privacy Policy includes the following:

1. How to Consent to Collection/Use of Personal Information

Consent to the collection and use of customers’ personal information, provision of personal information and consignment of personal information processing to third parties is completed by clicking the button for Personal Information Collection/Use Agreement. Prior to clicking, please read carefully the Privacy Policy and Personal Information Collection/Use Agreement posted on the PC or mobile website (https://www.econ-net.com).

2. Items and Purpose of Collection/Use of Personal Information

The Company collects and uses the minimum personal information required for service delivery. It shall not be used for any purpose other than the one for which consent was provided, and if the purpose of use changes, the Company shall take necessary measures including obtaining consent from the information subject.

1)Collection method

Information collection through the use of PC or mobile website services

Collection of information generated via a log analysis program

Collection of information via cookies

2)Items, purpose, and retention period of collected personal information

Purpose of collection and use Use of eCon-Network service, receipt and processing of inquiries, and notification of processing results

Collected items business type email address, company phone number, company name, country

3)Information generated and collected during service use or processing

During service use or processing, the following information may be generated and collected to deliver personalized services.

Frequency of use, service use duration and usage record

Access log and access IP information, cookie, usage record.

3. Period of Retention and Use, and Disposal of Personal Information

1)Period of use and retention

The Company shall retain and use personal information only during the period (usage period) to which the customer has provided consent for the purpose of service delivery and inquiry processing.

2)Procedure and method of personal information disposal

a.Disposal procedure

The information provided by the customer for service delivery is transferred to a separate database after the given purpose is achieved, stored for a certain period according to the reason for retention in accordance with internal policies and other relevant laws, and then disposed in the manner specified in subparagraph “c. Disposal Method” below. Personal information transferred to a separate database will not be used for any other purpose,

unless it is retained for legal reason.

b.Disposal subject

Information for which the retention period and the preservation period have expired in accordance with relevant laws and regulations.

c.Disposal method

Personal information on handwritten or printed media: Shredding or incineration

Personal information stored in an electronic file format such as a database: Deleted irreversibly using a technical method.

4. Installation, Operation, and Rejection of Automatic Personal Information Collection Device.

During the usage of the Company’s service or inquiry processing, etc., cookies, service use records, and user device information may be automatically generated and collected.

A “cookie” refers to data that a website sends to the user’s web browser (Internet Explorer, Chrome, Firefox, etc.). The Company accesses the cookies saved on customers’ PCs from their visits to the website, analyzes the information stored on the cookies, such as browsing history, information of services used, time and frequency of service use, and other information generated or provided (entered) by customers during their use of the website and utilizes the results to provide better services, deter fraudulent use, and identify user errors.

Customers have the right to allow all cookies, request notifications whenever cookies are stored, or to block all cookies by selecting the relevant option through the “Internet Options” tab on the tool bar at the top of the web browser. However, blocking cookies may cause inconvenience in terms of service use.

5. Customers’ Rights regarding Personal Information and the Exercise of Such Rights

A customer can visit the Company’s website and submit a request for correction, deletion, or access regarding his/her personal information that is stored by the Company at any time.

1)A customer may request access and verification via the website and the Company’s customer service center.

2)When a customer requests access and verification of his/her own personal information, the customer must provide identification (or copy thereof) such as a resident registration card, a passport, or a driving license (new version) to verify his/her identity.

3)When a customer wishes to designate an agent to access and gain verification of his/her personal information, the customer must provide proof for the power of attorney, the certificate of registered seal in the customer’s name, and proof of identity for the agent, in order to verify the identity of the agent as necessary.

4)If a customer requests correction of his/her personal information, the relevant personal information shall neither be used nor provided to third parties before the update is completed. If incorrect information has already been provided to third parties, the Company shall immediately notify the relevant third parties with the corrected information to ensure that the necessary correction is made.

5)However, access and correction of personal information may be restricted in exceptional cases as follows:

a.If it is likely to cause substantial damage of the life, body, property or rights and interests of the principal or third parties.

b.If it is likely to cause substantial interference to the operation of the service provider.

c.If it violates laws or regulations.

6. Personal Information Manager and Customer Service Department

The Company has designated a personal information manager and a department responsible for personal information protection as follows and also operates a consultation channel for personal information protection to ensure clear communication with customers.

1)Personal information manager

Name and department: RM A3, 6/F BLK A WING NING BLDG 501 SHUN NING RD CHEUNG SHA WAN KL

Contact: + 86 543 22 343

7. Consent to the Consignment of Personal Information Processing

The Company externally entrusts personal information processing to operate and maintain its service, and to manage and provide convenience for customers. The Company manages the consignee by contractually obligating its compliance with the relevant laws and guidelines, information protection and confidentiality, and obligation to return/destroy personal information immediately after the expiration of the entrustment period, etc.

Consignee

Purpose of consignment

eCon-Network website.

8. Withdrawal of Consent to the Collection, Use or Provision of Personal Information

1)Customers may request to access, correct or delete personal information at any time. To access, correct, or delete personal information, contact the personal information manager in writing, e-mail, or phone, and appropriate actions shall be taken without delay following the identity verification process.

However, requests for personal information access may be restricted or refused in the following cases:

If there are special regulations under the law or when access is prohibited or restricted by law.

If there is a risk of harming another person’s life or body, or unjustly infringing another person’s property and other interests.

If it is likely to cause substantial interference to the operation of the service provider.

2)Customers may request the withdrawal of consent to the collection and usage of personal information, and request the deletion, or suspension of processing regarding such data. Contact the personal information manager, and appropriate actions shall be taken without delay following the identity verification process.

9. Data Collection of Children Under Age 14

In principle, the Company does not collect personal information of children under the age of 14 (hereinafter referred to as “Children”).

10. Technical and Administrative Protection of Personal Information

The Company has implemented the following technical and administrative measures to ensure security by preventing the loss, theft, leakage, tampering or damage of personal information.

1)Technical protection measures

a.Personal information is protected by a password, and critical data is protected with additional security functions such as encryption of files and transmitted data or using a file locking function.

b.The Company adopts a security system for the secure transmission of personal information over its networks.

c.In order to prevent the leakage of customers’ personal information by various intrusion methods (e.g., hacking), the Company installs its systems in a controlled area with restricted external access and use of intrusion-blocking devices.

2)Administrative protection measures

a.The Company has implemented a procedure for managing and accessing customers’ personal information, ensuring understanding and compliance among employees, and carrying out regular inspections on the compliance status.

b.The Company minimizes the number of employees who handle personal information and manages access authority, while providing training on compliance with laws and regulations. The employees who handle customers’ personal information are as follows:

Those in direct or indirect customer-facing roles

Those in charge of the management and protection of personal information including personal information manager or personal information officer

Other employees who unavoidably access personal information when carrying out work-related tasks

c.When hiring new employees, the Company prevents the leakage of information (including personal information) by employees by requiring them to sign a pledge of information security, while providing frequent reminders of obligations for personal information protection and implementing an internal procedure to audit their compliance.

d.The handover of responsibilities by a personal information handler is conducted while ensuring strict security and clearly-defined liability against cases of personal information infringement when joining or leaving the Company.

11. Duty of Notification

Any addition, deletion, or modification regarding the content of this Privacy Policy in line with a policy change by the government or the Company for reasons such as changes in security technology shall be posted on the website prior to the amendment.

Privacy Policy Version: 1.0

Notification Date: January 21, 2021