Politicians on all sides will argue over who has won, who has lost and who has the better deal, but the most important point is that we will now see goods flowing more easily between the world’s biggest trading nations. The spiralling trade war was catastrophic for businesses, so there will be huge relief that …

US-China Tariff Reduction: Xeneta Insight On Ocean Container Shipping Impact Read More »

German shipping company Hapag-Lloyd on Monday welcomed an agreement between the United States and China to temporarily slash reciprocal tariffs, saying that it expected to be buoyed by a resulting increase in bookings from China to the U.S. “We expect bookings from China to the U.S. to increase, which should help us … into peak …

Hapag-Lloyd welcomes US-China tariff truce, expects increase in bookings Read More »

A routine ship on a special call, outside the normal liner schedule, turned into a costly oversight for a liner agent, resulting in unexpected expenses of US$135,000 – ultimately reimbursed by International Transport Intermediaries Club (ITIC). The incident began when a liner agent received advance notice of an inbound vessel scheduled to make a special …

ITIC steps in after scheduling oversight costs of US$135,000 to liner agent Read More »