Global Trade

15 Feb

Posted at 10:57h in Baltic Freight Rates, Fees and Charges, Freight Forwarders, Freight Rates, Global Trade, Logistics, Ocean Freight, Panama Canal, Port Disruptions, Red Sea, Shipping, Suez Canal Toll Increase, Tariffs, Update by
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With a swirling vortex of compounding factors from the Suez and Panama Canal and peak-season surcharges, to the Houthi of the Red Sea through to the general rate increases, there is no doubt that businesses across the globe are being hit with a whirlwind of...

15 Feb

Posted at 10:54h in Australia, Australian Exports, Free Trade Agreement, Global Trade by
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The Australian Government will undertake trade agreement negotiations with the United Arab Emirates (UAE) in order to achieve a Comprehensive Economic Partnership Agreement that will drive imports, support economic growth and increase jobs stimulus across the country. As Australia's largest trade and investment partner in the...

15 Feb

Posted at 10:50h in Australian Exports, China, Department of Agriculture, Global Trade by
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China has lifted suspensions on three Australian meat export establishments with eight yet to be lifted. The conclusion of these initial suspensions is another positive step towards the stabilisation of the trade relationship between China and Australia. With renewed optimism regarding the removal of all the...

15 Feb

Posted at 10:41h in Freight Forwarding, Global Trade, Logistics, Ocean Freight, Port Disruptions, Red Sea, Shipping by
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Recent attacks by Yemen-based Houthi forces on commercial ships in the region, followed by retaliatory strikes by U.S. and British warplanes, ships and submarines on Houthi bases, have raised concerns about widening conflicts in the region. As a result, shipping lines are diverting  a growing number...

15 Dec

Posted at 01:00h in Australia, Australian Exports, European Union, Free Trade Agreement, Global Trade by
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The proposed trade agreement between Australia and the European Union will not proceed after negotiations failed to achieve the desired outcome. Whilst discussions have been underway since 2018, the proposed trade deal was believed to have disadvantaged Australian farmers, as it did not let enough of...

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