Maersk warns global container volumes could drop due to trade war
COPENHAGEN : Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted between the world’s top
Can India replace China due to the Escalating Tarriff War?
By Ms. Sanyukta Kulkarni, Senior Route Development Manager – Indian Subcontinent, DB Schenker Inc. India, now the 5th largest Economy in the World, is rapidly scaling up its
Baltic Exchange: Container Shipping Market was fairly Flat last week
LONDON : Whilst the liner industry waits to see what will happen between the 2 superpowers China and the USA in relation to tariffs that the USA has
Walmart & Target resume business with some Chinese factories after tariff-related halt, supplie
HONG KONG : Walmart and Target have resumed business with some of their Chinese suppliers, after pausing orders for a few weeks due to uncertainties over the imposition
United States eases port fees on China-built ships after industry backlash
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied
DHL to suspend global shipments of over $800 to US consumers
BEIJING : DHL Express, a division of Germany’s Deutsche Post said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United States from April 21,
China opposes U.S. measures targeting its maritime, logistics, shipbuilding sectors
BEIJING : China has expressed strong opposition to the U.S. measures following its investigation into China’s maritime, logistics and shipbuilding sectors. China has repeatedly reaffirmed its views on
JD Vance will visit India and meet PM Modi amid US tariff war with China
WASHINGTON : US Vice President JD Vance is scheduled to visit India next week. He will meet with Prime Minister Shri Narendra Modi and travel to New Delhi, Jaipur, and Agra. JD Vance, along with his
US lays out plans to hit Chinese ships with port fees
WASHINGTON D.C. : The US has revealed plans to impose port fees on Chinese ships to try to revive shipbuilding in the US and challenge China’s dominance of
SHIPPING: China cargo bookings expected to plunge as US trade war intensifies
HONG KONG : Container throughput from China’s main ports fell by 6.1% over the past week and cargo bookings over the next three weeks are projected to be