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CMA CGM to apply new congestion surcharge in Cameroon — CMA CGM to apply new congestion surcharge in Cameroon

24/01
2024

In response to the existing congestion situation in Kribi, Cameroon, CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS).

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Los Angeles maintains dominance in US despite container decline — Los Angeles maintains dominance in US despite container decline

19/01
2024

In the last month of the previous year, the Port of Los Angeles demonstrated robust performance by processing 747,335 TEUs, marking a 2.5% increase compared to December 2022.

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Hapag-Lloyd’s departure shakes-up THE Alliance — Hapag-Lloyd’s departure shakes-up THE Alliance

19/01
2024

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation in February 2025.

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Port of Los Angeles to handle 85,000 metric tons of Chilean fruit imports during winter season — Port of Los Angeles to handle 85,000 metric tons of Chilean fruit imports during winter season

19/01
2024

This week, the Port of Los Angeles welcomed the initial vessel of Chilean fruit for the year, carrying over 5,300 pallets loaded with grapes and stone fruit.

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Maersk and Hapag-Lloyd to form new alliance — Maersk and Hapag-Lloyd to form new alliance

18/01
2024

Two container giants, Denmark's Maersk and Germany's Hapag-Lloyd have signed an agreement for a new long-term operational collaboration.

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Port of Singapore reaches 39 million TEUs in 2023 — Port of Singapore reaches 39 million TEUs in 2023

18/01
2024

The Port of Singapore handled 39 million TEUs in 2023, showcasing a 4.6% increase compared to the previous record of 37.57 million TEUs in 2021.

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OOCL revenues plunge in 2023, amid solid container growth — OOCL revenues plunge in 2023, amid solid container growth

11/01
2024

COSCO-owned Orient Overseas Container Line (OOCL) has seen a huge 49% decrease in its fourth quarter revenues, compared to 2022 Q4, reporting US$1.62 billion.

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Maersk announces new peak season surcharges worldwide — Maersk announces new peak season surcharges worldwide

11/01
2024

Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February.

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VIETNAM PARTNERS WITH CMA CGM TO DEVELOP A VND 13,000 BILLION MEGA PORT PROJECT IN HAI PHONG — VIETNAM PARTNERS WITH CMA CGM TO DEVELOP A VND 13,000 BILLION MEGA PORT PROJECT IN HAI PHONG

30/05
2025

A Strategic Leap Forward for the Logistics Industry

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Major Warehouse Fire in Hong Kong Causes Severe Damage and Disrupts Logistics Operations — Major Warehouse Fire in Hong Kong Causes Severe Damage and Disrupts Logistics Operations

30/05
2025

At noon on May 27, 2025, a serious fire broke out at a warehouse on Ha Tsuen Road in the Tin Shui Wai area of the New Territories, Hong Kong.

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T&T GLOBAL AGENCY AT X2 CONFERENCE — T&T GLOBAL AGENCY AT X2 CONFERENCE

14/05
2025

T&T Global Agency is deeply honored and proud to have participated in the prestigious X2025 Conference, held from May 7 to May 11, 2025, in Thailand.

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FROM 5/5/2025: VIETNAMESE FIRM MUST USE eCoSys, VCCI TO CEASE C/O INSUANCE — FROM 5/5/2025: VIETNAMESE FIRM MUST USE eCoSys, VCCI TO CEASE C/O INSUANCE

24/04
2025

On April 21, 2025, the Ministry of Industry and Trade issued Decision No. 1103/QĐ-BCT, officially revoking the authority of the Vietnam Chamber of Commerce and Industry (VCCI) to issue Certificates of Origin (C/O), Certificates of Non-Manipulation (CNM), and to receive REX number registration applications.

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U.S TEMPORARILY SUSPENDS RETALIATORY TARIFFS FOR 90 DAYS ON 75 COUNTRIES — U.S TEMPORARILY SUSPENDS RETALIATORY TARIFFS FOR 90 DAYS ON 75 COUNTRIES

11/04
2025

As of April 9, 2025, the United States began enforcing retaliatory tariffs between 11% and 84% on imports from several countries, in response to the tariff rates those nations had levied on American goods.

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[OFFICIAL] U.S. Imposes Sweeping New Tariffs: 104% on China, 46% on Vietnam — [OFFICIAL] U.S. Imposes Sweeping New Tariffs: 104% on China, 46% on Vietnam

09/04
2025

On April 9, 2025, the U.S. imposed new tariffs on multiple countries, including 104% on China and 46% on Vietnam, aiming to reduce its trade deficit. The tariffs hit key Vietnamese exports like textiles, electronics, and seafood, while some goods like steel and pharmaceuticals were exempt.

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Bringing Hope and Encouragement — Bringing Hope and Encouragement

25/03
2025

Life is a journey filled with challenges, and for many, these difficulties come in the form of illness. Each day, countless individuals face physical and emotional hardships while undergoing treatment. Understanding the importance of both material and emotional support, T&T Global Agency took the initiative to organize a special charity visit to Oncology Hospital 2 - Facility 2 on Friday, March 14, 2025.

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CIF Cost, Insurance and Freight

“Cost, Insurance and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination. ‘The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.”

CFR Cost and Freight

“Cost and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. the seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.

FOB Free On Board

“Free On Board” means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel, and the buyer bears all costs from that moment on wards.

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