Shipping News

 

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

May 16, 2025

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…

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

May 16, 2025

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 Reaches 10,000 Sailings in Türkiye

May 15, 2025

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 Freight Demand Boosted by US-China Trade Truce

May 14, 2025

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…

Edison Receives First Delivery of US LNG From Venture Global

May 14, 2025

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…

Paul Pathy of Fednav Elected BIMCO President

May 14, 2025

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 Shares Possible Discounts on Transit Fees

May 12, 2025

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…

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

May 09, 2025

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…

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

May 08, 2025

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…

Vietnamese Imports From China and Export to US Reach Record High

May 07, 2025

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…

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

May 07, 2025

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 Signs New 30-Year Deal with CMA CGM

May 01, 2025

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…

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

May 01, 2025

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…

LA Port Executive Director: Shipping Volume Will Plummet 35% Next Week

Apr 29, 2025

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: All Trans-Pacific Sailings Maintained Despite Tariffs and Trade War

Apr 29, 2025

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…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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