China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world's two largest economies, sending the company's shares sharply lower.The move, announced by the Chinese commerce ministry…
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week…
Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U…
The London Court of International Arbitration (LCIA) has issued its final ruling in the case between DP World and Djibouti’s government-owned Port de Djibouti SA (PDSA).The Tribunal confirmed that Djibouti’s 2018 seizure of the Doraleh Container Terminal (DCT) was unlawful…
The EU Commissioner for Animal Welfare Olivér Várhelyi has responded to a letter from animal welfare NGOs about the plight of calves transported by truck on ferries from Ireland to the EU.The letter detailed three separate studies which found that the calves were negatively impacted…
The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to a report published on Wednesday by the U.N. Trade and Development agency.Due to an increasingly complex and uncertain global trade environment…
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The…
The World Shipping Council (WSC) released a new report summarising deficiencies found in government cargo inspection programs, reviving a data series that the IMO discontinued last year.The 2024 report shows that 11.39% of inspected cargo shipments were found to have deficiencies…
A joint letter has been sent to EU Animal Welfare Commissioner Olivér Várhelyi urging the Commission to halt the transport of unweaned calves from Ireland to France by roro ferry.It follows a similar letter sent in February.In 2022 the European…
President José Raúl Mulino met with more than 40 representatives of shipping companies from Japan’s Kanto region, where he presented Panama’s new ship registry strategy aimed at safeguarding its global leadership through enhanced safety standards and fully digitalized processes…
IMO Secretary-General Arsenio Dominguez has called for vigilance and deeper cooperation among Member States and international partners to address growing threats to global maritime security. Speaking at the United Nations Security Council high-level open debate on August 11…
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…
Global shipping groups are looking to Brazil's courts to overturn competition rules that bar them from participating in the first round of bidding on a major new container terminal at Latin America's largest port, due to take place later this year…
The General Directorate of Merchant Marine (DGMM) of the Panama Maritime Authority (PMA) has issued a series of warnings to Panamanian-flagged vessels due to rising tensions in the Middle East, through Maritime Notice MMN-04/2025.The DGMM highlighted…
Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.Iran…
