Author: susan pop

15 May

Posted at 20:11h in China, Global Port Update, Global Trade, Ocean Freight, Shipping, Shipping Containers by
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The collapse of the Middle East peace talks has seen China's container shipping futures rally, with interest up 15% from the previous week, potentially indicating shippers belief that rates will stay elevated. In addition, Linerlytica's latest report revealed that spot market rates have risen by almost...

15 May

Posted at 20:05h in Australia, Australian Exports, Australian Imports, Australian Ports, New Zealand, New Zealand Ports, Ports by
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Terminals across Australia are operating in adherence to schedules, with only minor delays being experienced in certain locations: Patrick Terminals are experiencing minimal delays of 0.5 days in Brisbane and Melbourne, with an average one-day delay in Sydney and two days in Melbourne. DP World...

15 May

Posted at 20:03h in Global Trade, Infocomm Media Development Authority, New Zealand, Singapore by
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New Zealand Customs Service and Singapore Customs, in conjunction with Singapore's Infocomm Media Development Authority (IMDA) have signed an arrangement that will deliver a simpler and more streamlined trade process for exporters. Leveraging emerging technology such as blockchain to digitalise border processes will see the simultaneous...

15 May

Posted at 19:57h in Port of Baltimore by
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Progress is being made to restore cargo traffic at the Port of Baltimore. Four temporary channels have been opened since the bridge's collapse, with the overarching goal of having traffic back online by the end of May. The fourth of these temporary channels that provides additional...

15 May

Posted at 19:56h in Australia, Australian Exports, Australian Imports, Global Trade, India by
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Australia and India have fortified their ties by signing the Australia-India Authorised Economic Operator (AEO) Mutual Recognition Arrangement (MRA). This MRA aims to provide mutual trade facilitation benefits as well as support Australian Trusted Traders (ATT) to gain faster and more efficient access into one of...

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