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Chittagong Port Imposes Unprecedented Tariffs, Raising Export Costs Amid Industry Concerns

The Chittagong Port Authority (CPA) has announced a substantial increase in port service tariffs, marking the first such hike in…
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New Tariff Exemptions Announced as US Imports Continue to Decline

The United States has introduced a new round of tariff exemptions on imported goods, targeting around 45 product categories, in…
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India-EFTA Trade Pact to Boost Investment and Market Access from October

India’s Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, and Liechtenstein…
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India and Singapore Launch Green & Digital Shipping Corridor

During Prime Minister Lawrence Wong’s official visit to New Delhi, India and Singapore signed a landmark MoU to create the…
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Carrier Rate Hikes Bolster Transpacific Spot Prices

The Transpacific shipping market has reversed a prolonged downtrend, with spot rates rising in both the Asia-to-US west coast and…
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Ocean Freight Rates Poised to Surge Again as Bunker Costs Climb

According to a recent report by Sea-Intelligence, rising bunker fuel prices are triggering fresh rate increases in ocean freight, with…
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