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Freight Rates Surge Amid Tariff Speculation and Seasonal Demand: A Global Overview
As global shipping activities intensify toward the year’s end, the freight market is witnessing dynamic trends driven by seasonal demand, geopolitical considerations, and operational
Global Shipping Trends and Rate Fluctuations
As we enter the final quarter of 2024, significant developments in global shipping routes are impacting freight rates and vessel availability. The recent return
Shandong’s Dongying Aims for £10.6 Billion in Tyre Industry by 2028
The Dongying government in China’s Shandong Province has announced an ambitious 2024-2028 Rubber Tyre Industry Development Plan. This initiative aims to significantly boost the
Chinese Tyre Exports Surge Despite Rising Shipping Costs
Despite surging shipping costs, China’s tyre exports have demonstrated robust performance in May, climbing 4.8% year-on-year to 56.38 million units, valued at 13.05 billion
Tariffs on Chinese EV Imports to be Increased by the EU
The European Union has announced plans to impose tariffs of up to 38% on Chinese electric vehicle imports, potentially amounting to over €2 billion
Rapid Growth of Chinese Tyre Brands Revealed by Brand Finance
The latest report from Brand Finance shows the robust growth of Chinese tyre brands within a landscape traditionally dominated by Western competitors. While Michelin,