Telex Release enables electronic cargo release via B/L info transmission. Faster & cheaper than physical B/L but has security/legal risks. Requires trust between parties.

CMA CGM launches KILIMA route linking China to Kenya/Tanzania via Singapore & Colombo. Enhances African inland access to Uganda, Zambia, Rwanda.

SCFI index rebounds 2.1% after 11-week decline. US West Coast rates surge 17%, while Europe falls 11.2%. Carriers push September rate hikes amid tariff impacts.

US imposes 50% tariffs on India, disrupting supply chains & accelerating global trade multipolarity. India counters with subsidies & de-dollarization.

US imposes 50% tariff on Indian goods, causing massive order cancellations, factory shutdowns in leather/diamond sectors, and threatening India's economic growth.

CMA CGM has announced the introduction of the new KILIMA service, which will come into effect in August 2025, aiming to simplify operations and enhance the customer experience.

CIF requires sellers to pay freight/insurance to destination port, but risk transfers to buyers at loading. Clarify costs/insurance in contracts to avoid disputes.

T.S. Lines H1 profit jumps 222% to $189M, driven by strong Asia route rates & new Latin America services. Fleet expansion supports global ranking.

COSCO SHIPPING launches refrigerated Yanji-Dalian rail service & Vietnam-China cold container transit, boosting efficiency & regional trade via cold chain innovation.

CMA CGM upgrades NEFWI service with 7th vessel, new Puerto Antioquia/Rotterdam calls, and enhanced reefer capacity. Improves reliability & coverage for Caribbean-N Europe trade.