Latest News - page 43

 

Trump's Tariff Directives Suspend Low-Value Shipments Loophole

Feb 02, 2025

President Donald Trump's new tariff orders against Canada, Mexico and China all contain clauses suspending a duty-free exemption for low-value shipments below $800 that is widely seen as a loophole that has allowed shipments of fentanyl and its precursor chemicals into the United States…

Rubio Pressures Panama over Chinese Businesses Near Canal

Feb 02, 2025

U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will 'take measures necessary' if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control over the Panama Canal…

Summing Up the U.S., the Panama Canal and China

Feb 02, 2025

Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat…

U.S. Shipping Invests $150 Million in Great Lakes Region

Jan 31, 2025

With winter in full swing, the U.S.-flagged fleet of Lakers have tied up in ports across the Great Lakes region to perform critical maintenance before the navigational locks in Sault Ste Marie, Michigan reopen on March 25th.Hundreds of skilled…

US: China's Panama Canal presence "a security concern"

Jan 31, 2025

China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country…

Maersk to launch its new ocean network

Jan 31, 2025

On February 1, Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with…

InterManager Elects von Hardenberg As President

Jan 31, 2025

InterManager, the international association for the ship management sector, has elected Sebastian von Hardenberg as President.Sebastian is CEO of Bernhard Schulte Shipmanagement (BSM) and was elected by members of InterManager’s Executive Committee…

Lake Victoria's First Ro/Ro Vessel Sets Sail

Jan 31, 2025

East Africa Marine Transport has taken a significant step towards creating a more sustainable and efficient logistics solution for Lake Victoria with the commissioning of M.V. MPUNGU, the lake’s first scheduled roll-on / roll-off freight vessel…

McQuilling Weighs in on 2025-2029 Tanker Outlook

Jan 31, 2025

McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes…

Baltic Index snaps 13-day losing streak

Jan 31, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The overall index…

Xeneta: Ocean Box Rates to Fall Again in February

Jan 31, 2025

Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February - with carriers now taking action to slow the market decline.Latest data from Xeneta – an ocean and air freight intelligence platform –…

Port of Oakland records 2.26 million TEUs in 2024

Jan 31, 2025

The Port of Oakland experienced a solid 2024, processing 2.26 million TEUs (twenty-foot containers), representing a 9.5% increase over 2023.The 2024 cargo data reflects a long-term growth trend in consumer spending in the San Francisco Bay Area and in the rest of the country…

Germany: Heinrich Rönner and Lürssen Place Their Bids for FSG and Nobiskrug Shipyards

Jan 31, 2025

The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG…

Bionetix Launches BIO-ECO-WASH Probiotic Cleaner

Jan 30, 2025

Bionetix announced the release of a new cleaning concentrate for use in sensitive environments! BIO-ECO-WASH is a low foaming formula that combines natural surfactants with probiotics for effective cleaning, degreasing, and surface prep in a variety of industrial and marine applications…

Germany's Mosel River set to reopen after lock repairs

Jan 30, 2025

The Mosel river in western Germany could reopen to cargo shipping later this week as repairs to a damaged lock are making fast progress, navigation authorities said on Monday.The river, an important transit route for grains and rapeseed between Germany and France…

Logistics News

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

APM Terminals to Accelerate Port Development in Andhra Pradesh

APM Terminals to Accelerate Port Development in Andhra Pradesh

DOE Grants Lake Charles LNG Additional Time to Commence Exports

DOE Grants Lake Charles LNG Additional Time to Commence Exports

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

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