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Global Trade & Economics: Page 138

Chinese Hackers Targeting Ships Across Europe With Malware on USB Sticks

Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.

Photo: SHansche, iStock

New U.S. Rules Target Chinese Steel Imports

The White House has decided to revisit Mexico's tariff exemption, as it was suspected of being used to bypass taxes on imports that originate in China and elsewhere.

Photo: iStock.com/wariggd

China Opens Investigation into EU 'Trade Barriers'

This marks the latest move from China in retaliation against new provisional EU tariffs of up to 38% against imported Chinese EVs.

Photo: iStock.com/Oleksii Liskonih

'Unprecedented': Can Amazon Beat Temu and Shein at Their Own Game?

As e-commerce giants Temu and Shein continue to gain traction in the U.S., Amazon is firing back with a low-priced store mirroring the model of their Chinese competitors.

Photo: iStock / jetcityimage

Singapore Container Ship Logjam Spills Over to Malaysian Port

Around 20 container vessels are anchored in a cluster off Port Klang, on the western coast of Malaysia near Kuala Lumpur.

Ships anchored around the Sentosa Island in Singapore, on Thursday, June 13, 2024. Singapore's port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian maritime hub. Photographer: Aparna Nori/Bloomberg

Biden Admin to Loan Manufacturer $1.2B to Boost EV Battery Supply Chain

Entek's new facility will be built in Terre Haute, Indiana, and will be able to manufacture enough battery separators to support nearly two million mid-size EVs.

Photo: SweetBunFactory, iStock

Extreme Weather Along South African Coast Could Bring Shipping Delays

An intense cold front bringing snow to some areas of the country is resulting in damaging coastal winds, rains and waves that threaten infrastructure.

The MSC Loreto container ship leaves the Port of Felixstowe, owned by a unit of CK Hutchison Holdings Ltd., in Felixstowe, UK, on Thursday, May 2, 2024. AP Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide. Photographer: Chris Ratcliffe/Bloomberg

Chicago Metro Area to Get First All-Water Route for Container Ships

Although Ports of Indiana-Burns Harbor is the 25th largest port in the U.S., all containers that travel through the Chicago area are moved by rail or truck.

Construction at Ports of Indiana-Burns Harbor. (Courtesy photo)

China to Escalate Probe into Imported EU Brandy in Wake of New EV Tariffs

China's commerce ministry has a hearing set for July 18 to look into claims that the EU has been flooding the country with brandy priced well below market value.

Photo: bredok, iStock

Ports Push Back Against U.S. Tariffs on Chinese Cranes

With the new levy, the AAPA estimates roughly $131 million in "new, unexpected costs" that ports will have to cover.

container ship commercial vessel alongside in port for loading and discharging containers services in maritime transports in World wide logistics

EU Set to Target Shein, Temu With New Duties on Cheap Imports

The EU is reportedly looking at ending its current rule that allows imports under €150 ($162) to arrive duty-free.

Photo: Robert Way, iStock

Asia Port Snarls Spread With Ship Delays Looking to Last Into August

Singapore, the world’s busiest transshipment center, for weeks has dealt with longer-than-usual lines of vessels waiting for berth space.

The Pasir Panjang port terminal in Singapore, on Tuesday, Jan. 3, 2023. Singapore's recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year. Photographer: Lionel Ng/Bloomberg

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