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Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

May 09, 2025

The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week, in which he laid out the crucial role the Panama Canal has…

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

May 08, 2025

U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% duty on goods from China, but executives at the country's two busiest ports said the trend looked set to reverse in May…

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

May 07, 2025

Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.The ramp-up in exports has been supported by a 9% increase in the soya bean harvest…

BIMCO: Dry Bulk Market Supply and Demand Balance Will Weaken in Coming Years

Apr 30, 2025

The tariff increases by the US and China in effect as of April 25 are estimated to directly affect 4% of dry bulk ton mile demand. They are expected to impact the growth of minor bulk cargo volumes, as shipments to the US may stagnate or decrease…

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)…

Logistics News

ICTSI to Operate Durban Container Terminal Pier 2

ICTSI to Operate Durban Container Terminal Pier 2

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

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Iran detains 18 crew of foreign tanker captured in Gulf of Oman
Brazilian airline Azul receives bankruptcy court approval for debt restructuring
Boeing's Air Force One, the new aircraft for the US President, has been delayed yet again