U.S. Shippers May Face Higher Freight Costs
WASHINGTON - Mar 20/25 - SNS -- Pulse exporters and importers in the United States could face increased costs if a wide ranging, draft order by the U.S. Trade Representative (USTR) is implemented.
While targeting companies such as China COSCO Shipping Corp, it would also affect companies such as France's CMA CGM Group, Germany's Hapag-Lloyd AG and Denmark's Maersk Line.
The draft order would impose additional port charges on any ship docking in U.S. ports that was built in China, is under a Chinese flag and/or operated by companies owned or managed by a Chinese individual. On the other hand, the proposed order says if 50% or more of the ships operated by a company are Chinese made, the entire fleet would be affected.
Field Pea Imports By Spain Record A Improved Performance
PANAMA - Mar 18/25 - SNS -- Are starting the current calendar year recorded a an improved performance, with field pea imports by Spain rose sharply, soaring compared to the previous month in January, judging from trade statistics from Eurostat.
The latest data showed imports for the month totalled 2,202 metric tons (MT), up 139% from 923 the previous month. Compared to the same month last year, imports were down 93% from 33,242 MT.
Current trade statistics showed Poland was largest supplier, supplying 1,335 MT for the month. France was the second most important shipper shipping 633 MT, followed by Argentina at 144 MT.