Latest News - page 27

 

Tariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

Jul 08, 2025

New US tariffs are prompting companies to reduce their reliance on China as a source of imports, but the implications for supply chains go much further. From the rise in dark shipping to the escalation in sanctions to countries including Iran and Venezuela…

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Jul 08, 2025

German exports fell more than expected in May, data showed on Tuesday, after the positive impact from companies rushing to beat U.S. tariffs waned.Exports from Europe's biggest economy fell by 1.4% in May compared with the previous month, data from the federal statistics office showed…

Bunge Charters Argentine Soy Meal Cargo to China

Jul 07, 2025

Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019…

NYK-TDG Maritime Academy Celebrates 80 Graduates

Jul 07, 2025

On July 4, the NYK-TDG Maritime Academy (NTMA), a merchant marine academy jointly operated by NYK and the Transnational Diversified Group (TDG) near Manila, Philippines, held a commencement ceremony for 80 students, the academy’s 14th batch of graduates…

Israel Attacks Three Yemen Ports

Jul 07, 2025

Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month.The strikes on Hodeidah, Ras Isa and Salif ports, and Ras Qantib…

Gladstone Ports Welcomes New CEO

Jul 06, 2025

Gladstone Ports Corporation (GPC) of Australia has appointed Andrew Johnson as the organization’s new CEO.With over 30 years of national and international leadership experience, Johnson has a proven track record successfully leading large-scale…

Ship Design, Maritime Accidents and There’s a Master on the Run

Jul 02, 2025

There’s a master on the run right now.It was 4am, about 10 years ago. Two crewmembers died, 15 others were hospitalized. The master didn’t receive prior notification of the cargo fumigation that occurred, yet it is the master who is being held accountable…

Maersk: Effective US Tariffs Average Around 21% Currently

Jul 02, 2025

Maersk estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.Maersk said in a regular global market update that at its peak…

US Grain Shipments Surge 9% in face of Chinese Tariffs

Jul 02, 2025

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs led to a 57% y/y drop in volumes to China, the US has been able to find alternative markets for most of its cargoes…

Great Lakes Limestone Trade Up in June

Jul 01, 2025

The Lake Carriers’ Association reports that shipments of limestone on the Great Lakes totaled 3.5 million tons in June, an increase of 6.5% from 2024.However, this June’s loadings were below the month’s five-year average by 1.9%.Loadings out of U…

Consilium Safety Group Appoints New Chairman of the Board

Jul 01, 2025

Consilium Safety Group, a leader in fire, flame, and gas safety solutions, announced that Patrik Andersson will assume the role of Chairman of the Board. Patrik brings experience from senior leadership positions in global companies and will…

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

Jul 01, 2025

Global project heavy lift specialist AAL Shipping (AAL) is preparing to take delivery of its sixth 32,000-deadweight (DWT), 700 metric ton (MT) heavy lift Super B-Class vessel, the AAL Dammam. Unveiled at a naming ceremony at the CSSC Huangpu Wenchong Shipyard in Guangzhou…

MDL Leases Land for Peterhead Offshore Project Support Site

Jul 01, 2025

Peterhead is set to become the epicenter of flexible activity for the North Sea’s future energy landscape with a new quayside handling facility by Maritime Developments Ltd (MDL).The North-east flex-lay services company has entered a long-term…

Oil Supply to Outpace Demand in Medium-Term

Jun 30, 2025

The IEA’s medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years.With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural…

Guinea Exports Record 48.6 Million Tons of Bauxite

Jun 30, 2025

Guinea's exports of bauxite, a feedstock for aluminium, surged 39% to a record 48.6 million metric tons in the first quarter though regulatory crackdowns sidelined major operators, official data obtained by Reuters showed.Most of this bauxite was shipped to China…

Logistics News

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Matson Paid $6.4 million in Port Fees to China

Matson Paid $6.4 million in Port Fees to China

Suez Canal Revenues Rise as Red Sea Tensions Ease

Suez Canal Revenues Rise as Red Sea Tensions Ease

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