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Reinstatement of Section 301 Exclusions

Reinstatement of Section 301 Exclusions

  Effective March 28, 2022, The U.S. Trade Representative determined to extend 89 exclusions exclusions on List 2, 187 exclusions on List 3, and 42 exclusions on List 4. With the exception of separately addressed extensions of the COVID-19 exclusions, the exclusions...
Limited Vessel Space Leads to Growing Rates

Limited Vessel Space Leads to Growing Rates

With so many unforeseen incidents stalling global trade, ongoing delays have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Unfortunately, carriers have no extra ships to meet a...
Ever Given Finally Sets Sail From Egypt

Ever Given Finally Sets Sail From Egypt

Thanks to the signing of a settlement deal between the Suez Canal Authority and vessel owners Shoei Kisen Kaisha Ltd., the Ever Given will be seen off on Wednesday in a ceremony attended by dignitaries, diplomats and company officials from around the world. Neither...
Updated Equipment Shortages at China Ports

Updated Equipment Shortages at China Ports

Mainland China Tianjin: All shipping lines are in tight supply of 40HQ. CMA is the worst. Qingdao: CMA is lacking 20GP/40HQ/45HQ. ONE/HPL/SML/MSC is lacking 40HQ. Shanghai: CMA/EMC/ZIM lack 40HQ/40GP. COSCO is releasing equipment vessel by vessel. HMM lacks 40HQ and...
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