China News

 

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Jun 27, 2025

Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No. 1 ocean trading partner remains significant, especially at a time when U…

CK Hutchison Port Sale Could Be Win For Beijing, But US Resistance Remains

Jul 29, 2025

The proposed inclusion of Chinese shipping giant COSCO in Hong Kong conglomerate CK Hutchison's contentious global ports sale is a potential win for Beijing in a strategic sector, but the deal is far from final and could face resistance from Washington…

New BIMCO Clause Addresses USTR Actions

Jul 22, 2025

The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports…

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Jun 20, 2025

Russia's Yamal LNG plant, operated by Novatek, has dispatched a first cargo of liquefied natural gas this season via the Northern Sea Route to China, Kommersant daily reported on Friday, citing Kpler data.It said the Arc 7 ice-class tanker Georgiy…

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Jun 13, 2025

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U…

Cautious Optimism on US, China Tariff Truce

Jun 11, 2025

U.S. and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions…

Cerberus eyes Darwin Port

May 27, 2025

U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port…

Guangzhou Port Starts Shipping Route to Peru

Apr 29, 2025

China's Guangzhou Port, the largest shipping hub in the country's south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America…

USTR Implements Port Fee Proposal

Apr 23, 2025

On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…

USTR: New Measures Target Chinese Maritime Sector

Apr 22, 2025

The Office of the United States Trade Representative (“USTR”) issued a detailed notice on April 17, 2025, regarding actions and proposed actions in response to China's alleged targeting of the maritime, logistics, and shipbuilding sectors for dominance…

BIMCO: Freight Container Rates Drop 28%, Worst First Quarter in Twenty Years

Apr 02, 2025

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…

US Fossil Fuel, Farm Groups Rail Against Trump Port Fee Plan

Mar 26, 2025

Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that the move would hobble their ability to export everything from coal to soybeans…

Weak Demand Drives China Coal Imports Down 15%

Mar 20, 2025

“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland imports…

Blue or Red, Both Aisles of U.S. Politics Agree on Need to Bolster Shipbuilding

Mar 07, 2025

The United States is preparing to impose docking fees at its ports on any ship belonging to a fleet that includes Chinese-built or Chinese-flagged vessels, according to a draft executive order, a move aimed to both revitalize U.S. shipbuilding…

Chinese Steel Pressured by Tariffs Globally

Feb 27, 2025

China's giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S. President Donald Trump's new tariffs. Trump announced plans earlier this month to impose 25% tariffs on all steel and aluminium imports into the United States…

Logistics News

London P&I Club Warns of Incorrect Loading of Flexible Intermediate Bulk Containers

London P&I Club Warns of Incorrect Loading of Flexible Intermediate Bulk Containers

Georgia Ports Container Trade Up 8.6% in FY 2025

Georgia Ports Container Trade Up 8.6% in FY 2025

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

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Ukraine's farming unions raise barley exports from China
Minister says that Turkey will begin supplying natural gas to Syria on August 2.
Wall Street Journal, July 30,