Cargo News


CMA CGM Iron: First Dual-Fuel Vessel Sailing to Abu Dhabi

Mar 14, 2025

The CMA CGM Iron became the first dual-fuel methanol container vessel sailing to Abu Dhabi.The CMA CGM ship built by Hyundai Samho Heavy Industries of Korea is a dual-fuel vessel able to run both on conventional and alternative fuels such as bio-methanol and e-methanol…

Livestock Carrier Delay Sparks Concern Over Continuing Trade

Mar 13, 2025

Ethical Farming Ireland and several other NGOs have sent an open letter to the European Commission and Commissioner for Health and Animal Welfare, Olivér Várhelyi, after the breakdown at sea of the livestock carrier Express M.The Express M departed Romania for Haifa on February 22 with 2…

Saudi Oil To China Expected to Drop in April

Mar 13, 2025

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a year in April, trade sources said on Thursday, partly due to maintenance programmes at Chinese refineries owned by Sinopec…

Trade Tech Aims for UAE Security Filing Compliance

Mar 11, 2025

Trade Tech, Inc., a global logistics platform, is actively working toward compliance with the UAE’s new Maritime Pre-Load Cargo Information (MPCI) Program which will become effective June 25, 2025.This new security filing regulation, managed by the UAE’s National Advance Information Center (NAIC)…

Singapore Sets New Standard for Methanol Bunkering

Mar 10, 2025

Singapore, the world’s largest bunker hub for ships, has launched a new standard for methanol bunkering, the Maritime and Port Authority of Singapore (MPA) said on Monday.The move is aimed at helping to facilitate methanol bunkering at scale…

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…

Performance Shipping Inc. enters sale and leaseback agreement for tank vessels

Mar 06, 2025

Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel. This concludes the financing for all three newbuilding LNG-ready, scrubber…

Canada Crude Tanker Exports Up 59%

Mar 05, 2025

“Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up from 388 kbpd during the same period last year, an increase of 59%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.When the Trans Mountain…

China Targets US Soybeans, Lumber After Trump Tariffs

Mar 04, 2025

China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. logs, stepping up its retaliation for additional U.S. tariffs on Chinese goods.Earlier in the day, China also imposed import levies covering $21 billion worth of U…

New Digital Solutions for Heavy Lifting

Mar 03, 2025

William Hackett, a UK-based supplier of lifting, rigging and chain solutions, is expanding its customer offerings with new digital solutions by adding RFID chips to its Hack8 and Hack10 chain sling assembly tags. The digital records, accessible through the William Hackett app…

Rusagro to Export Sunflower Oil from St Petersburg

Mar 03, 2025

Russian farming conglomerate Rusagro began exporting sunflower oil from the St Petersburg terminal (PNT) on the Baltic Sea as it seeks to overcome bottlenecks at Black Sea ports, according to LSEG data and four sources.Russia, the world's leading wheat exporter…

Container Ship Over-Supply Looming

Feb 27, 2025

Capacity and its deployment dominate the outlook for shippers this year as they digest the impact of tariffs, the potential rebound in Red Sea traffic and the introduction of the new alliance Gemini, according to global consulting firm AlixPartners’ 2025 Container Shipping Outlook Report…

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…

Proposed China Vessel Fees Come with Supply Chain Risks

Feb 27, 2025

Analysts caution that a new proposal to impose fees on China-built container ships entering the U.S. could trigger unintended consequences, including port congestion, rising freight costs, and shifts in global trade flows.The Trump administration…

Furetank Completes First Bio-LNG Bunkering

Feb 26, 2025

Furetank completed its first bunkering of 200 tonnes of ISCC-certified Bio-LNG in collaboration with environmental commodity traders STX Group and Molgas. The tanker vessel Fure Viken, now powered by this renewable fuel, highlights the growing…

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