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Africa

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

EU tropical wood import value at highest level for a decade

In the first three months of this year, the value of EU imports of tropical wood and wooden furniture was [...]

Homann Holzwerkstoffe acquires stake in Egyptian wood-based panel producer

Homann Holzwerkstoffe GmbH acquired a qualified minority stake in wood-based panel producer Nile Wood SAE, based in Sadat, Egypt [...]

Sanctions against Russian exports to permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions [...]

COVID outbreaks bite at Chinese ports, threatening global supply chains

The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing [...]

EU’s deforestation-free regulatory proposal sparks intense debate

Intense negotiations are ongoing as the draft EU law on "deforestation-free" and "forest degradation-free" products, published by the [...]