Latest News - page 25

 

US Importers Hit the Brakes

Apr 09, 2025

So many U.S. companies rushed in goods to avoid President Donald Trump's threatened tariffs that imports soared to near-record levels in recent weeks. Now, retailers and other importers are hitting the brakes, awaiting clarity on where the new duties will land…

Trump to Push Allies to Conform to Chinese Vessel Fee Plans

Apr 09, 2025

U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China's grip on the global shipping industry.Republican and Democratic U.S. lawmakers for years have warned about China's growing dominance on the seas and diminishing U…

Australian Regulator Greenlights Qube's RoRo Terminal Deal

Apr 09, 2025

Australia's competition watchdog said on Thursday it is not opposed to the country's largest integrated terminal and freight logistics provider, Qube, acquiring Melbourne International RoRo & Auto Terminal (MIRRAT), subject to certain undertakings by the firm…

Strike Halts Grain Ship Traffic at Argentina's Rosario Port

Apr 09, 2025

Grain and agro-industrial products ships will be unable to dock or leave Argentina's Rosario agro-port hub on Thursday because of a CGT union strike against government policies, the head of the private port chamber CAPyM said.The CGT's action…

Great Lakes Iron Ore Trade Drop Below Five-Year Average in March

Apr 08, 2025

Shipments of iron ore on the Great Lakes were below one million tons in March, a decrease of 39.1% compared to 2024, reports the Lake Carriers’ Association. Loadings were also below the month’s five-year average by 19.4%.Year-to-date, the iron ore trade stands at nearly three million tons…

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…

WindPort, Port Esbjerg Team Up for Norwegian Offshore Wind

Apr 08, 2025

One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint…

Moroccan Fertilizer Company Partners with Maersk on Supply Chain Innovation

Apr 08, 2025

Morocco-based OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk, have signed a global Memorandum of Understanding (MoU) to jointly advance innovative, resilient, and sustainable supply chain solutions…

India, UAE to Develop Sri Lanka Energy Hub

Apr 06, 2025

India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India's foreign ministry said on Saturday, as New Delhi's competition with China grows in the Indian Ocean island nation.The three nations signed the pact for the…

CMA CGM to Use AI to Boost Productivity

Apr 06, 2025

Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro ($110 million) partnership unveiled on Sunday, which the French firms also touted as a commitment to their home country amid the global trade tensions…

Panama Canal to Seek Bids for Pipeline Development

Apr 06, 2025

The Panama Canal Board of Directors has authorized the opening of a bidding process for the development of a new pipeline for the transfer of energy products which will complement operations in the interoceanic waterway.The pipeline will be…

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…

Port of Albany Releases RFEI for Beacon Island Expansion Project

Apr 04, 2025

The Port of Albany has issued a Request For Expressions of Interest (RFEI) to assess market interest and commercial potential for the Port of Albany’s Beacon Island expansion site at 340 River Road, Glenmont, NY.The Port is looking for a range of development proposals that may include…

Oil Leak at Malaysian Terminal Contained as Clean-Up Op Begins

Apr 04, 2025

The Johor Port Authority has informed the Maritime and Port Authority of Singapore (MPA) that the oil leak at Langsat Terminal has stopped and that the spill clean-up at the site is ongoing.On April 3, an oil patch was sighted in the eastern Johor Strait off the northeastern coast of Pulau Ubin…

Worley Secures Work on German LNG Terminal

Apr 03, 2025

Worley has secured a contract by German state-owned Deutsche Energy Terminal (DET) for Phase 2 of the Brunsbüttel Floating Storage Regasification Unit (FSRU) terminal in Brunsbüttel, Germany.Under the contract, Worley will provide construction…

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