French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping firms wrestling with the fallout from U.S. tariffs, though adjustments made by Washington after an industry backlash have made the fee scheme less disruptive than feared…
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry…
DFDS celebrated 10,000 sailings in the Mediterranean connecting Türkiye, Europe and North Africa, highlighting the strategic importance of the Turkish market as the nearshoring trend drives increased investment and production shifts to the region…
Hapag-Lloyd has seen an increase in demand for freight traffic this week between the United States and China, following a cooling in the countries' trade tensions.The U.S. and China on Monday agreed to slash steep tariffs for at least 90 days…
Italian energy group Edison said on Wednesday it received the first cargo of liquefied natural gas (LNG) from U.S. firm Venture Global, adding it would continue litigation over delays in its delivery.A cargo of 165,000 cubic metres of LNG from…
BIMCO, the world’s largest shipping association, has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, as President. Pathy was elected at the organization’s general meeting in Copenhagen on Wednesday…
Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis…
The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week, in which he laid out the crucial role the Panama Canal has…
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk, according to shipping data and trade sources…
Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory…
Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.The ramp-up in exports has been supported by a 9% increase in the soya bean harvest…
Syria on Thursday signed a 30-year deal with French shipping and logistics group CMA CGM that includes building a new berth at Latakia port and investing another 230 million euros ($260 million) over the course of the partnership, a company official said…
French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar…
The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday.'It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs…
Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container…
