Newsletters

17 May 2024
CLECAT Newsletter 2024/14
17 May 2024
EU STRENGTHENS ANTI-DUMPING MEASURES ON BIRCH PLYWOOD IMPORTS
The European Commission has extended anti-dumping measures on birch plywood imports from Russia to now include imports from Kazakhstan and Türkiye. This action follows an investigation revealing that Russian birch plywood was being transhipped through these countries or completed there before being shipped to the EU, circumventing existing duties.
17 May 2024
EU-NEW ZEALAND TRADE AGREEMENT UNLOCKS NEW OPPORTUNITIES
The EU-New Zealand trade agreement, effective from 1 May 2024, opens significant new export opportunities for EU businesses, producers, and farmers. Expected to cut €140 million annually in duties for EU companies, this landmark deal anticipates up to 30% growth in EU-New Zealand trade over the next decade, potentially boosting EU exports by €4.5 billion annually.
17 May 2024
CABO VERDE SECURES PREFERENTIAL TRADE TERMS FOR FISH EXPORTS
The European Commission has renewed a derogation allowing Cabo Verde to benefit from preferential trade terms under the Generalised System of Preferences (GSP).
17 May 2024
AIR CARGO DEMAND CONTINUES TO GROW IN MARCH
The International Air Transport Association (IATA) released its latest data on global air freight markets, highlighting a robust growth in demand.
17 May 2024
VESSEL JUGGLING LEAVES OCEAN ALLIANCES SHORT OF ASIA-EUROPE CAPACITY
Recent research from Alphaliner has reported on a significant shortfall in the number of ships available for Asia-Europe services, despite the introduction of new container shipping capacity. The data indicates that these services are operating with nearly 10% fewer ships than required. The Red Sea crisis and the diversion of vessels around the Cape of Good Hope have exacerbated the situation.
17 May 2024
SURGE IN CONTAINER SPOT RATES ON MAJOR EAST-WEST TRADES
The Loadstar reported this week that container spot rates continue their upward trajectory on key east-west trades, driven by double-digit week-on-week gains on Asia-Europe and Asia-North America routes. A recent Loadstar article referred to the ongoing Red Sea crisis coupled with unexpected high demand.
17 May 2024
SUPPORTING COMPANIES IN APPLYING THE EUROPEAN SUSTAINABILITY REPORTING STANDARDS
On 17 May, CLECAT participated in an event organised by DG FISMA aimed at showcasing ongoing initiatives and discuss ideas for further mechanisms to support companies that apply the new reporting standards stemming from the Corporate Sustainability Reporting Directive (CSRD).
17 May 2024
EC CONSIDERS BRENNER ROAD RESTRICTIONS ILLEGAL
On 14 May, the European Commission issued a reasoned opinion on the complaint brought by the Italian government over the road restrictions in the Brenner Region.
06 May 2024
CLECAT Newsletter 2024/13