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Trade war goes on with threats of “blackmailing” and higher tariffs

China warned the U.S. against "blackmailing and pressuring" it over trade as the Trump administration mulls trying to force officials back to the negotiating...
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India and China in Strategic Contest

The ports of Mundra, Chennai, and Mumbai in India, along with Bangladesh's Chittagong, China's Shanghai, Sri Lanka's Hambantota, and Myanmar's Kyaukpyu, form critical nodes...

CMA CGM announces PSS from Indian Sub, Middle East, Red Sea and Egypt to USEC and Gulf

CMA CGM has announced the implementation of a Peak Season Surcharge (PSS) of US$1,500 per unit from the Indian Subcontinent, Middle East Gulf, Red...

Global bunker indices continue downward trend

In the 46th week of the year, Marine Bunker Exchange (MABUX) global indices resumed a moderate downward trend. The 380 HSFO index dropped by US$7.39...

CMA CGM applies peak season surcharge from Central America & Caribbean to Europe & Med

Marseille-based container carrier CMA CGM has notified its customers of the following Peak Season Surcharge (PSS). Effective from 7 December 2024 (loading date) until further...