Shipping News

 

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Jul 18, 2025

Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly…

Los Angeles June Imports Rebound as Retailers Stock Up Ahead of Holiday Season

Jul 14, 2025

Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June as retailers moved to stock up on goods for the holiday shopping season amid fears of higher tariffs.The Port of Los Angeles handled 470,450 20-foot equivalent units (TEUs) of incoming cargo last month after the U…

Port of Green Bay Shares June Tonnage

Jul 14, 2025

The Port of Green Bay saw 137,725 tons of material and raw goods pass through the port during June, compared to 123,794 tons during the the month of May. Current year-to-date totals are down 47% compared to the same time frame last season.“While…

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Jul 10, 2025

Yemeni Houthi militia leader Abdul-Malik al-Houthi said on Thursday (July 10) that no company would be permitted to transport goods related to Israel through designated areas at sea.“It is not permissible for any company transporting goods for…

Joint Statement on Red Sea Attacks From ICS, BIMCO, European Shipowners, INTERCARGO, INTERTANKO

Jul 09, 2025

In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence…

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…

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Jun 26, 2025

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.The conflict had raised concerns that Iran could close Hormuz…

BIMCO: Stable Demand Outlook For Container Shipping

Jun 25, 2025

BIMCO forecasts a stable demand outlook for the container shipping sector, aligned with previous reports, despite recent uncertainties in US trade policies. 'We expect the supply/demand balance to weaken only slightly in 2025 and 2026, as our…

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

Jun 24, 2025

Crowley, a leader in logistics, marine and energy solutions, is expanding ocean shipping services with its first-ever route between the U.S. Northeast and Central America.Utilizing Crowley's new Avance Class vessels, powered by liquefied natural gas (LNG)…

Iran, Israel Trade Blame As Commercial Shipping Is Threatened By Conflict

Jun 18, 2025

Iran and Israel accused each other of endangering commercial activity in sea lanes around the Gulf and the Red Sea at the UN's shipping agency on Wednesday, as their military conflict escalated.Iran's delegation told a session of the International…

Commercial Ships Advised to Keep Distance From Iran Around Strait of Hormuz

Jun 18, 2025

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…

X-Press Feeders Group, COSCO SHIPPING Lines Partner to Enhance Feeder Connectivity

Jun 18, 2025

X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…

Mitsui OSK: Shipping in the Gulf Continues, Closely Monitoring Situation

Jun 17, 2025

Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday.'We are operating so many containers, car carriers and chemical tankers so that it is very…

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Jun 16, 2025

IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe's proposed lower price cap comes to fruition…

Logistics News

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Great Circle Group Expands Marine Technology Services to Cape Cod

Great Circle Group Expands Marine Technology Services to Cape Cod

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

Adani Group Refuses Sanctioned Vessels at its Ports

Adani Group Refuses Sanctioned Vessels at its Ports

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