AGP Executive Report
Last update: 9 hours agoShipping Costs: CMA CGM announced new Peak Season Surcharges for July 2026, including a US$500 per container fee from North West/South East India, Pakistan and Sri Lanka to Central America, the Caribbean and West South America (from 15 July 2026), and a US$1,000 per container fee to Red Sea ports (from 18 July 2026). West Africa Route Impact: From 6 July 2026, CMA CGM will charge a US$200 per TEU PSS on dry and reefer cargo from China to the West Africa North Range, covering Liberia, Mauritania, Sierra Leone, Guinea-Bissau, Cape Verde, Gambia, and São Tomé and Príncipe (excluding Guinea). Aviation & Tourism Signals: A World Bank Tourism Watch report says São Tomé and Príncipe saw a 7% drop in estimated aviation passenger arrivals in Q1 2026, while Sierra Leone posted 23% growth—highlighting uneven regional demand and connectivity. Innovation & IP Cooperation: The EPO president visited Angola and São Tomé and Príncipe to strengthen patent protection, innovation and technology transfer, including an Angola validation agreement with the European Patent Organisation.
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