Shanghai Port Lockdown Update
Shanghai customs department has taken special measures to prevent disruptions in customs clearance at the world’s largest port for imports and exports.
$81m fine imposed on liner operators by KFTC
Twenty-three major and regional liner operators have been directed to pay a hefty penalty to the Korea Fair Trade Commission (KFTC) for allegedly ‘fixing’ freight rates on South Korea to Southeast Asia lane between 2003 and 2018.