Wan Hai’s upgraded FM1 route (launching Sept 12) now connects Asia to Mediterranean ports (Alexandria, Istanbul), cutting costs & transit times.

Trump extends China tariff truce to Nov 10, aiding Christmas exports amid 30% duties. Exporters urged to verify rates and optimize shipping plans.

Xiamen Port’s new SENTOSA route (U.S./Mediterranean) debuts with 8 mega-ships, streamlined customs, and faster "Made in China" exports.

Costa Rica’s Caldera Port nears collapse at 100% capacity due to 7-year congestion, customs bottlenecks, and delayed dredging—threatening 40% of national trade.

Trump plans 250% drug tariffs & India trade penalties. Experts warn of U.S. pharma shortages and higher consumer costs. EU retaliates.

Trump vows steep tariffs on India over Russian oil resales, escalating trade tensions. India defends long-term contracts, citing global price stability.

Mexico’s anti-piracy crackdown led to 900 abandoned China-sourced containers (+300% YoY) at Manzanillo Port due to IP violations, forcing exporters to rethink compliance strategies.

The US and China agreed to extend their tariff truce by 90 days, maintaining a 24% tariff pause while advancing talks on tech, energy, and supply chains.

Hapag-Lloyd announces a $1000/container GRI surge on Far East to Latin America routes, mirroring Maersk’s peak season surcharges, signaling intensified global shipping cost pressures.