Sea-Intelligence warns a year-long Hormuz Strait crisis will add $29.5–34.5B in extra fuel costs for container shipping. Carriers impose surcharges, pushing shipping rates higher for shippers.

CMA CGM Group has announced a new weekly container service – Ocean Rise Express (OCR) – creating a direct shipping link between Japan, South China and North Europe to provide shippers with more efficient and reliable transportation.Route & Vessel DetailsThe OCR service will deploy 14 container ships

Escalating US-Iran tensions spark a brutal shipping rate rally: SCFI hits 1710.35, Persian Gulf route up 143% in two weeks. Port attacks, route diversions and fuel hikes amplify global supply chain strain.

Middle East tensions halt China factory production, suspend orders, and cancel exhibitions. Raw material costs jump 40%, pushing firms to stock up or shift to Southeast Asia. Soaring shipping rates and policy changes add pressure, but exporters adapt with free quote and stable DDP strategies.

US CBP’s 5H Entry Processing Hold has sent LA/LB inspection rates above 30%, detaining thousands of Chinese containers. Low‑value declaration, shared Bond use, and vague descriptions trigger detentions with heavy fees and forced return risks.

Escalating US-Iran conflict cripples Middle East logistics: Strait of Hormuz is virtually closed, carriers suspend services, and e-commerce platforms pause shipments. Delivery delays spike, shipping costs soar, hitting Chinese sellers and local buyers hard.

Hormuz Strait tensions trigger massive vessel diversions, pushing Singapore and Tanjung Pelepas port yard utilization to 90%, with delays up to 7 days. Global shipping diversions surge 360%, worsening Asian supply chain disruptions.

On March 11, 2026, shipping giant CMA CGM issued multiple updated notices in response to changing Middle East market conditions, officially announcing the resumption of import and export cargo bookings to/from the Middle East with immediate effect.The announcement confirms all inbound and outbound b

Mexico has officially incorporated temporary tariff measures into its permanent General Import and Export Tax Law. Under the new rule, goods from non-free trade agreement partners (including China, South Korea, Thailand) will be subject to a 25% to 50% import tariff.The adjustment covers 1,463 tarif

On March 6, 2026, CBP confirmed a $166B historic tariff refund for 330,000 traders, per a Supreme Court ruling deeming past tariffs illegal. Refunds (with interest) start late April 2026 via ACE system, bringing cost relief for global trade.