Industry Information

An emergency occurred at the Port of Antwerp! All French docks are on strike! Currently, the Red Sea crisis affects ship detours, and port congestion around the world has led to a large amount of shipping capacity being trapped. With a serious lack of shipping capacity, port emergencies and dock workers' strikes are undoubtedly a threat to shipping...

Overview of New Foreign Trade Regulations in June The State Council reviewed and approved the "Opinions on Expanding Cross-border E-commerce Exports and Promoting Overseas Warehouse Construction"; 24 new items were added to the "Catalogue of Precursor Chemicals Exported to Specific Countries (Regions)"; the "Cross-Strait Economic Cooperation Framework Agreement" was suspended...

Price increase announced in June! Shipping companies have issued multiple price increase notices! Shipping company official websites have been flooded with peak season surcharge PSS notices again! Recently, shipping companies Maersk, Hapag-Lloyd, CMA CGM and others have once again issued price increase notices to the market, involving routes in Africa, South America, the Middle East, North America, etc....

The United States announced a substantial increase in tariffs! China responded urgently On May 14, 2024, the Office of the United States Trade Representative (USTR) released the results of the four-year review of the 301 tariffs on China, announcing that on the basis of the original 301 tariffs on China, it would further increase tariffs on electric vehicles,...

Doubled in a week, up to $3,000! This wave of price increases in May was a little bit fierce. Around May 1st, peak season surcharges and price increase notices from major shipping companies including MSC, Maersk, CMA CGM, Hapag-Lloyd, etc. were scattered in the market like snowflakes! From mainland China and Hong Kong?...

Overview of new foreign trade regulations in May The "Catalogue of Precursor Chemicals Exported to Specific Countries (Regions)" adds 24 varieties. The China-Ecuador Free Trade Agreement will be implemented on May 1, 2024. Mexico announced that it would impose temporary tariffs on 544 imported goods. The UK suspended more than 100 types of...

Up to 50%! Mexico imposes temporary tariffs on 544 commodities! According to the latest news from CCTV News, on April 22, local time, Mexican President Lopez signed a decree to impose tariffs of 5% to 50% on 544 commodities including steel, aluminum, textiles, clothing, footwear, wood, plastics and their products?...

Breaking news! The United States has taken action against China again! On the morning of April 17, local time in the United States, the Office of the United States Trade Representative (USTR) suddenly issued an announcement: announcing the launch of a comprehensive 301 investigation into the three major areas of China's maritime, logistics and shipbuilding industries! The spokesperson of the Ministry of Commerce of China then...

Overview of new foreign trade regulations in April The General Administration of Customs adjusted the declaration requirements for import and export goods; Australia will cancel import tariffs on nearly 500 commodities; The United States made a preliminary anti-subsidy ruling on aluminum lithographic printing plates; The European Union requires registration of electric vehicles imported from China; ...

The port is closed indefinitely! The shipping company declared force majeure! In the early hours of Tuesday morning, Eastern Time, the container ship "Daly" accidentally collided with the "Francis Scott Key" Bridge in Baltimore, USA, causing the 2.5-kilometer-long bridge?...