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, 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, 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…
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…
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…
“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 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…
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…
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…
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…
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…
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 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…
Governor for the US state of Maryland, Wes Moore, has announced that the Helen Delich Bentley Port of Baltimore’s state-owned public and private marine terminals handled 45.9 million tons of cargo in 2024, making it the second-best ever year after 2023 when the port handled a record 52…
The input of incorrect container cargo weight data when developing the cargo loading plan led to shipping containers falling off the President Eisenhower container ship and others becoming damaged, the National Transportation Safety Board has found…
