Oil Tankers to China Face Cancellations After Beijing Targets U.S. Ships
By Weilun Soon and Serene Cheong (Bloomberg) — Some China-bound ships carrying crude oil and other commodities to Asia’s top consumer are facing
By Weilun Soon and Serene Cheong (Bloomberg) — Some China-bound ships carrying crude oil and other commodities to Asia’s top consumer are facing
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
Freight rates are likely to see limited impact when the US starts charging Chinese vessels for calling at its ports next week, as shipping firms find several
When the Office of the United States Trade Representative (USTR) fees targeting Chinese maritime dominance come into effect on October 14, approximately 35% of
U.S. Customs and Border Protection has provided long-awaited details related to payments for the new vessel fees targeting Chinese maritime interests that take
The global shipping industry faces a significant financial challenge as United States Trade Representative (USTR) actions to “reverse Chinese dominance
Chinese Premier Li Qiang has signed a State Council decree revising regulations on international maritime transport that will enable China to take
The leasing subsidiaries of at least two large Chinese banks are in talks with the financial regulator about converting shipping leases into mortgages as a
Five U.S. unions are calling on lawmakers to pass legislation that would help secure long-term funding to revive domestic shipbuilding, an effort championed
Chinese shipping giant COSCO has affirmed its commitment to maintaining “stable and reliable services” in the United States despite looming port
The maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking
The Trump administration is close to relaxing certain restrictions for liquefied natural gas companies that are part of a sweeping policy aimed at curbing
U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western
The Premier Alliance has separated its transatlantic MS2 service into two loops, one Asia-Mediterranean (MD2) and the other, a Middle East-US lane (GS2), to
CMA CGM has become the latest major carrier to indicate that it will not add a new surcharge on shipments to the US that may be affected by the forthcoming
Chinese container shipping lines face severe financial impact when new U.S. Trade Representative port fees take effect on October 14, 2025, according to a new
In a revealing conversation from Capital Link’s Deep Dive Webinar Series, Navigator Gas (NYSE: NVGS) CEO Mads Peter Zacho detailed how the company
Orient Overseas International Ltd. warned that additional port levies imposed could negatively impact the firm, but shifting global trade patterns amid tariff
BIMCO, the world’s largest shipping association and leading provider of standardized maritime contracts and clauses, has adopted a standard clause to
Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025, according to a new analysis from BIMCO.
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