American firms producing electric vehicles to electric utility equipment largely want higher China tariffs to be reduced, delayed or abandoned altogether

Increasing disruptions mean global buyers face the risk of another spate of price increases like the post-pandemic inflation spike which central banks are still trying to tame

The push is part of Prime Minister Narendra Modi’s aim to notch up annual exports to $1 trillion by 2030

Since the assault by Iran-backed Houthis began in December, 39% fewer ships are moving through the Suez Canal, leading to a 45% decline in freight tonnage

Attacks by Iran-backed Houthis have doubled the cost of exports from India and cast a shadow over China's commercial interests and major investments along the Suez Canal

A tanker was reportedly seized on Thursday by armed men near Oman and headed toward Iran; attacks on vessels near the Red Sea are taking a toll on global commerce.

COSCO’s decision comes on the back of increasing tensions in the Red Sea, one of the most used trade routes in the world

Shipping giants are bracing for significant disruptions to affect key routes like the Panama Canal and knock complex vessel schedules out of sync

Uncertainty in the Red Sea, after Yemen's Houthi militant group began targeting vessels this month, is threatening to worsen the global surge in inflation

From chartering cargo planes to pairing sea and land transport, exporters are making desperate plans to ensure toys, apparel, tea and auto parts reach retailers

The financing pledge came on the same day as China’s CHEC announced plans to invest $1.56 billion in a port city project near Colombo

Located north of the present conflict zone, Haifa is one of Israel's biggest and most vital ports