Government Update News


Vietnamese Imports From China and Export to US Reach Record High

May 07, 2025

Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory…

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

May 06, 2025

British maritime security firm Ambrey reported on Tuesday that the paramilitary Rapid Support Forces (RSF) had launched a drone attack on facilities at Port Sudan, targeting the container terminal and escalating a two-year-long conflict.Ambrey…

Israel Bombs Yemen's Hodeidah Port

May 05, 2025

The Israeli military said it carried out airstrikes against Yemen's Hodeidah Port on Monday, a day after the Iran-aligned Houthis fired a missile that struck near Israel's main airport.The military said in a statement that it attacked what it…

New Chief Executive Appointed at MPA Singapore

Apr 30, 2025

Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current role…

Coast Guard, Partners Target Containers at Port of New York and New Jersey

Apr 30, 2025

Coast Guard Sector New York personnel conducted three warehouse spot checks at the Port of New York and New Jersey this week, uncovering a 60% deficiency rate in hazardous material compliance.  The targeted inspections, driven by Customs and Border Protection (CBP) container screening data…

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…

CMA CGM Welcomes its First Indian Flagged Vessel at Nhava Sheva Free Port Terminal

Apr 28, 2025

The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…

China Watching CK Hutchison Ports Deal Closely

Apr 27, 2025

China's top market regulator said on Sunday it was paying close attention to CK Hutchison's planned sale of most of its port operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review.The sale by the Hong Kong conglomerate…

Drewry: Global Container Shipping Volume to Fall 1% in Response to Trump Trade Policies

Apr 24, 2025

Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies.That would be the third drop in global container shipping demand since London-based Drewry began recording that data in 1979…

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…

US Wants Other Nations to Block Potential China Tariff Work-Around

Apr 15, 2025

U.S. President Donald Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, The Wall Street Journal reported on Tuesday citing people with knowledge of the conversations…

US Targets China Oil Storage Terminal in Iran-Related Sanctions

Apr 10, 2025

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and Iran…

USTR Backs Out of Some Proposed Fees on Chinese Ships

Apr 08, 2025

U.S. Trade Representative Jamieson Greer told lawmakers on Tuesday that not all of the agency's proposed multimillion-dollar fees for Chinese-built ships to dock at U.S. ports will be implemented, and they may not be cumulative.Greer told a…

Dry Bulk to Suffer Under China Tariffs

Apr 06, 2025

On Friday, China announced a tariff increase of 34% on all US imports, in retaliation to the new tariffs announced by US President Donald Trump. These are in addition to tariffs implemented in February and March, focusing on goods such as grains…

Current News

As China's Economy Slows, So Too Does Dry Bulk Shipping

BSM Launches Methanol Bunkering Simulator

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

British Port Association Responds to the Government's Annual Port Trade Statistics

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