This past fortnight has seen the US Supreme Court hear arguments around the legality of President Donald Trump's "liberation day" tariffs applied to most countries around the world. Whilst the US president had earlier claimed his trade tariffs will not affect US businesses, workers and consumers,...
The latest Drewry World Container Index (WCI) Index increased 8% to $1959 per 40ft container this week. This is the fourth straight week of increases, following a prolonged decline over 17 consecutive weeks. Spot rates increased across various trade routes as shipping companies either continued to...
Greek olive oil production is expected to remain below 200,000 tonnes this crop year amid a sharp decline due to ongoing drought conditions and damage from the olive fruit fly, both of which have impacted most of the country's olive-oil producing regions. Whilst 2023/24 saw a...
The volume of container trade at the Port of Melbourne has risen slightly for the September 2025 quarter compared to the same period in 2024, with transhipments and empty container trade the biggest two contributors to this increase. Total container trade reached 871,000 TEU for the...
The new Western Sydney International (Nancy-Bird Walton) has reached a significant milestone with the first aircraft - the RFS Marie Bashir, touching down on the brand-new runway. This new airport will play a significant role in the movement of freight, increasing Sydney's air cargo capacity by around...
The Port of Oakland experienced a decline in September cargo volumes (TEUs) due to market adjustments amid tariff uncertainty and the frontloading of cargo earlier in 2025. It handled 178,942 twenty foot equivalent units (TEUs) over the month, as loaded imports amounted to 75,716 TEUs,...
The Port of Lyttelton in New Zealand's South Island is upgrading its technology systems with the rollout of OneStop Modal and a new vehicle booking system across Lyttelton Port Company's City Depot and Midland Port operations. This digital upgrade aims to deliver greater transparency and real-time...
Wine has become a key issue in ongoing trade negotiations between Australia and India as the two nations work to conclude the second phase of the trade pact by the end of the year. Under the interim pact, tariffs on Australian wine priced above AU$5 (HK$25.21)...
With the US market for German wine dramatically decreased due to tariffs, German wine exports have shifted eastward, with sales to China growing for a second straight year at a rate of 8% per annum. Chinese customs data compiled by Vino Joy News reflects this upward...
In addition to the US-China update, the Trump administration has announced the following changes with regards to ongoing tariff discussions: Canada The U.S. reignited trade tensions with Canada by imposing a new 10% tariff on Canadian imports, despite the existing USMCA agreement. Currently, there is neither a...