Author Archives: Kalees Thavamani

Intra‑Asia Freight Rates Climb amid Year-End Rush Despite Market Volatility

Drewry’s Intra‑Asia Container Index shows that spot container rates across intra-Asia trade lanes increased by an average of around 4% from late October…
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United States and Korean Ports Join Forces to Advance Green Shipping and Maritime Decarbonisation

The Busan Port Authority (BPA), Northwest Seaport Alliance (NWSA), Port of Tacoma (PoT), Port of Seattle (PoS), and Ulsan Port Authority (UPA) have…
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Red Sea Ceasefire Raises Hopes for Suez Canal Revival, Yet Major Risks Persist

A recent ceasefire by Yemen’s Houthi forces has sparked renewed optimism that commercial shipping could return to the Suez Canal after months of…
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India Introduces Voluntary Post-Clearance Customs Revision Rules to Boost Transparency and Ease of Trade

In a major move toward modernizing customs administration and facilitating smoother trade processes, the Central Board of Indirect Taxes and Customs (CBIC) has…
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