THE U.S. JUST DECLARED A MARITIME TRADE WAR ON CHINA
April 23, 2025
Key Points from the Revised Proposal: ✅ New Fees for Operating Chinese vessel (irrespective of where they were built): Starting October 2025, Chinese vessel operators must pay $50 per net ton...
PRESIDENT DONALD TRUMP HAS DECIDED TO POSTPONE FOR 90 DAYS THE PLAN TO INCREASE TARIFFS ON MOST COUNTRIES, EXCEPT FOR CHINA
April 11, 2025
(Update April 10, 2025) After days of firmly pursuing a tough trade strategy, President Trump unexpectedly announced that all countries that have not retaliated against U.S. tariffs will have the...
U.S. OFFICIALLY IMPOSES RECIPROCAL TARIFFS ON OVER 180 COUNTRIES
April 11, 2025
(Update April 2,2025) On April 2, the United States has officially implemented a 10% reciprocal tariff on exports from more than 180 countries as part of its strategy to rebalance...
THE EVOLUTION OF GLOBAL SHIPPING: A 25-YEAR JOURNEY
April 9, 2025
According to new research by Denmark’s Sea-Intelligence, the landscape of the global shipping industry has seen massive changes over the past 25 years. Of the 50 largest container shipping lines...
CONTAINER FREIGHT RATES PLUNGE IN FIRST QUARTER OF 2025
April 9, 2025
The first quarter of 2025 has seen a dramatic 28% drop average container freight rates for Chinese exports, marking the worst performance in the past 20 years. According to Niels...
THE CONSEQUENCES OF CHANGING ADDRESS AFTER SIGNING A CONTRACT
April 3, 2025
Details: The U.S. company (the defendant) entered a contract with a Vietnamese company (the plaintiff), and a dispute arose between the two parties. However, the dispute was resolved by the Arbitration...
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