Todays Featured News
COSCO Expands South China Yard with $421M Investment
COSCO Shipping Heavy Industry launches major Guangdong yard expansion to boost vessel repair and offshore conversions.
TikTok Talks, Golden Week Lift Trans-Pacific Rates
U.S.–China trade talks and Golden Week demand push trans-Pacific container rates higher despite uncertainties.
China’s Soybean Ban Hits U.S. Farmers and Freight Industry
China halts U.S. soybean imports, threatening farming revenues and freight jobs across rail, trucking, ports.
U.S. Tariffs Push Carriers to Drop China-Built Ships
Spot rates fluctuate as carriers swap out Chinese-built tonnage ahead of new U.S. fees.
Tariff Pause Lifts Long Beach Container Volumes
Port of Long Beach logs strong August volumes, aided by paused U.S.–China tariffs.
Panama Canal Adds NetZero Transit Slots
Dual-fuel vessels get priority slots, boosting canal’s 2050 net-zero ambition.
Maersk Expands Intra-Asia Capacity by 52%
Maersk boosts intra-Asia capacity to 298,134 TEU, strengthening Gemini Cooperation’s hub-and-spoke regional strategy.
Hapag-Lloyd Secures Bio-LNG Supply Deal with Shell
Hapag-Lloyd partners with Shell for bio-LNG, boosting renewable fuel use and advancing shipping decarbonization.
Korea Shipowners Oppose POSCO’s Potential HMM Takeover
Korea Shipowners’ Association warns POSCO’s HMM takeover risks undermining competition and national shipping stability.
Gaza Flotilla Reports Second Attack Before Departure
Activist flotilla’s vessel Alma hit by suspected incendiary device in Tunisian waters; investigation underway.
CMA CGM Rules Out Surcharge Ahead of US Fees
CMA CGM restructures fleet, avoids surcharges as US fees target Chinese-built vessels from October.
Container Mishap Shuts Long Beach Pier G
Listing vessel spills 67 containers at Long Beach, halting Pier G operations; no injuries reported.
India to Blacklist 86 Vessels, Orders Crew Repatriation
India’s shipping regulator targets 86 vessels for abuse, unsafe conditions, and documentation violations, ordering repatriation.
Long Beach Issues ‘Green’ Report on Pier B Rail Expansion
Draft report reviews environmental impacts of Pier B rail expansion, boosting capacity and reducing emissions.
Court Blocks Trump’s Tariff Plan, Supreme Court Appeal Looms
Federal court halts Trump’s sweeping tariffs, ruling IEEPA misuse; Supreme Court decision pending.
U.S. Port Fees to Cost Cosco, OOCL $1.5B in 2026
HSBC says U.S. port fees heavily hit Cosco, OOCL, while non-Chinese carriers largely unaffected.
Mexico Unveils $22B Port Overhaul to Drive Nearshoring
Mexico invests $22B to modernize ports, boost competitiveness, and support nearshoring with new trade corridors.
Russia launches first NSR boxship route linking China and Europe.
Russia to start first NSR boxship route, boosting China-Europe trade as Arctic container traffic grows.
PSA Mumbai Doubles Capacity, India’s Largest Hub
PSA Mumbai’s Phase 2 expansion doubles capacity to 4.8m TEU, strengthening India’s global trade role.
Houthis Step Up Red Sea Attacks Amid Rising Israel Tensions
Houthis intensify Red Sea threats post Israeli strikes; UKMTO notes interference, yet vessel transits keep increasing.
US Launches Trade Fraud Task Force
US task force targets tariff evasion, tightening import enforcement.
China–India Axis Poised to Reshape Global Trade
India–China partnership set to drive global container market shifts.
Ocean Freight Rates Hold as Volumes Slide
Trans-Pacific container rates stay flat despite falling volumes and blank sailings.
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Brunei’s Warisan Shipping Launches ASEAN Service
Warisan starts Singapore Express, linking Singapore, Muara, and Kota Kinabalu.
CMA CGM Launches Kilima Service Linking Asia–East Africa
CMA CGM starts weekly China–East Africa service, via Singapore, Colombo, and inland Africa.
Eastern Pacific Orders Eight Boxships in China
Singapore’s EPS books $80m vessels at Chinese yards, boosting mid-size boxship fleet with 2027–2029 deliveries.
US Court Rules Most Trump Tariffs Unlawful
Court says Trump exceeded tariff authority; duties stay until Oct. 14 pending appeal.
ZIM Reroutes Ships After Turkey Bans Israel-Linked Vessels
ZIM adjusts routes as Turkey bars Israeli-affiliated ships, warning of potential financial impact.
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EU-US Trade Pact Stabilizes Flows, Auto Tariffs Persist
EU-US trade pact steadies flows, but auto tariffs weigh on westbound volumes.
Carriers Shift China-Built Ships from US Routes
ONE and partners reroute fleets to bypass new U.S. tariffs, saving millions despite efficiency trade-offs.
South Africa Opens Rail Freight to Private Firms
Private operators gain access to Transnet rail, boosting capacity, coal exports, and logistics efficiency.
Adani Launches ₹600 Cr Kochi Logistics Park
Adani starts ₹600 cr Kochi logistics park to boost exports, sustainability, and digital supply chains.
US-EU Trade Deal Strengthens Economic Ties
New framework cuts tariffs, expands energy trade, and sets digital rules to balance transatlantic commerce.
Turkey Halts Israel Trade, Bars Shipping
Turkey suspends trade and restricts shipping with Israel, linking measures to Gaza ceasefire demands.
Trump Expands Steel and Aluminum Tariffs
U.S. broadens 50% tariffs to 400+ goods, impacting auto, EV, machinery, and consumer products.
Foxconn Counters Tariffs with Regional Expansion
Foxconn plans U.S. and Mexico tech parks to bypass tariffs, boosting domestic manufacturing and regionalized supply chains.
U.S. Lawmakers Push Tariff Bill Targeting China
Congress unveils Secure Trade Act with baseline tariffs, higher China duties, and foreign investment curbs.
Xeneta Strengthens Data Edge with eeSea Acquisition
Xeneta acquires eeSea, combining freight rates and schedules for greater transparency.
Indian Court Detains More MSC Vessels Amid Claims
Kerala High Court detains MSC ships as Elsa 3 claims rise, with bonds demanded for release.
Air Canada Flights Halt as Union Defies Order
Air Canada suspends flights after attendants reject return-to-work order, impacting 130,000 daily travelers.
Ports Urge DOT to Prioritize Maritime Freight
U.S. ports and operators demand stronger maritime focus in DOT’s freight strategy to enhance competitiveness.
Trump Imposes 50% Tariff on India Over Russian Oil Purchases
Trump hikes tariffs on Indian imports, citing Russian oil trade; Delhi calls move unfair, retaliates cautiously
Houthis Escalate Threats on Israeli-Linked Shipping
Houthis renew threats on Israeli-linked ships, release Eternity C crew video, EU continues naval escorts.
CMA CGM Eyes Hutchison Ports After MSC Deal Collapses
CMA CGM may acquire Hutchison ports as MSC-BlackRock deal falters amid Beijing resistance.
CULines Expands South Asia Reach with Two New Shipping Routes
CULines adds CSX and CWS routes to enhance China–South Asia trade connectivity via key ports.
Clarion Launches Nigerian Shipping Line
Clarion Shipping debuts with Ocean Dragon, linking Nigerian ports and planning West African expansion.
Trump Proposes Major Tariffs on Copper and Pharmaceuticals
Trump plans 50% copper, 200% pharma import tariffs to boost U.S. manufacturing and production.
Piracy Surges in Singapore Strait, Hits Five-Year High
Global piracy incidents rose 50% in early 2025, driven by Singapore Strait attacks where 95% of boardings succeeded.
Deadly Houthi Attacks Spike War Risk, Disrupt Red Sea Shipping
Houthi assaults sink two vessels, raise insurance costs, and delay Red Sea route recovery further.
Red Sea Avoidance Pays Off for Container Lines Amid Attacks
Shipping giants wisely maintained Cape route; renewed Houthi Red Sea attacks confirm long-term caution was justified.
Trump Targets 14 Nations with New Tariffs
Trump imposes 25–40% tariffs on 14 nations, warns of retaliation; enforcement postponed to August.
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Nigeria Launches First Indigenous Container Shipping Line
Clarion Shipping debuts Nigeria’s first local container liner, boosting regional trade with Ocean Dragon.
Red Sea Crisis Resurfaces with Houthi Drone Attack on Bulk Carrier
Houthi drone strike forces crew to abandon Greek-owned ship Magic Seas, reigniting Red Sea shipping fears.
Panama Canal Plans Ports, Pipeline, and Sustainability Push
Panama unveils port expansion, gas pipeline, and sustainability projects to boost canal logistics services.
Iran Moves Toward Hormuz Closure
Iran’s Parliament approved closing the Strait of Hormuz; final decision pending, risking global oil disruption and major impact on Asia.
Houthis Declare Blockade on Haifa Port
Houthis announce blockade on Israel’s Haifa Port, threatening Israeli-linked vessels and escalating Red Sea tensions.
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Maersk Halts Haifa Calls Amid Israel-Iran Conflict
Maersk suspends Haifa port calls due to Israel-Iran conflict, prioritizing crew safety and offering alternatives.
Mexico’s Manzanillo Port Reopens After Strike
Manzanillo Port reopens after four-day customs strike, with $150M revenue loss and major shipment backlogs.
Tanker Rates Soar Amid Iran-US Tensions
Tanker rates surge 50% as Iran threatens Hormuz closure; container lines maintain cautious operations.
Legal Action Follows Kerala Maritime Disasters
India files criminal charges over Wan Hai 503 fire and MSC Elsa 3 sinking; court detains sister ships.
X-Press Feeders and COSCO Forge Strategic Alliance
X-Press Feeders and COSCO partner to expand feeder services and lease vessels for global network growth.
GPS Jamming Rises Amid Israel-Iran Tensions
Israel-Iran conflict triggers GPS jamming, raises freight rates, and heightens maritime risks near the Persian Gulf.
Iran threatens to close Strait of Hormuz, amid war tensions
Iran has threatened to close the Strait of Hormuz, a vital sea lane, amid escalating regional conflicts.
Northern Europe ports face worst congestion since pandemic
Northern Europe ports face ongoing summer delays from strikes, rail closures, and growing container congestion.
MSC Ship Arrested Amid Fires and Environmental Threats
Three ship incidents hit Kerala coast; MSC vessel arrested, fires continue offshore, raising environmental, legal, and safety concerns.
Trans-Pacific Container Rates Double Amid Early Peak Season
Container rates from Asia to the U.S. surged as shippers frontload ahead of tariffs, triggering early peak season.
Korean Bulker Rescues Crew from Sinking Ship in Indian Ocean
Maple Harbour rescued 23 crew from sinking Chinese cargo ship Run Fu 3, 500 nm south of Maldives.
Explosion on Wan Hai 503 Leaves Four Missing Off India’s Coast
Explosion aboard Wan Hai 503 off Kerala, India leaves four crew missing, vessel burning, 20 containers lost at sea.
Transpacific Freight Surge Boosts Profits Amid Tariff Pause
Transpacific rates soar 117% amid tariff pause, boosting profits. Experts warn of port congestion and second-half rate decline.
Crisis at Mexico’s Port of Manzanillo Disrupts Supply Chain
Post-strike delays at Mexico’s largest port cause severe container backlogs; carriers face bankruptcy as wait times exceed 72 hours.
Red Sea Traffic Rises, But Carriers Still Avoid Amid Security Concerns
Suez Canal traffic grows slowly; carriers remain cautious despite discounts and no 2025 Houthi attacks.
UPS Surcharge Updates Add Complexity and Cost for Shippers
UPS hikes surcharges on fuel and bulky packages; strategic packaging and inventory can reduce shipper impact.
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Maersk Takes Delivery of 12th Methanol Ship
Maersk receives its 12th dual-fuel methanol vessel, advancing its fleet modernization and green fuel transition strategy.
Singapore, France Launch Maritime Sustainability Projects
Singapore and France partner on maritime decarbonization, digitalization, and bio-methane bunkering trials with CMA CGM support.
Kongsberg Unveils CEMS for Emissions Compliance
Kongsberg launches CEMS for real-time emissions monitoring, ensuring compliance and improving fuel efficiency on vessels.
India Boosts Shipbuilding with Global Partners
India forms strategic shipbuilding partnerships with Norway and Japan, including work on its first polar research vessel.
Trump Doubles Tariff on Imported Steel to 50%
Trump raises steel import tariffs to 50% to protect U.S. jobs, supports Nippon Steel's partial acquisition of U.S. Steel.
Pirate Attack in Gulf of Guinea Injures, Abducts Crewmember
Pirates boarded a cargo ship near West Africa, injuring and abducting the second engineer amid rising regional attacks.
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Panama Defends Registry, Highlights Vessel Crackdown
Panama defends its ship registry, citing removal of 650+ vessels since 2019 to counter Iranian oil trade abuses.
South Africa Revives National Shipping Line Plans
South Africa is moving forward with plans to launch SASCO, a national shipping line featuring various vessel types under local flag.
Missile Strike Kills Three at Odessa Port
Russian missile strike kills three dock workers at HHLA Odessa terminal; operations continue despite tragedy.
Lidl’s Tailwind Launches Intra-Asia Shipping Route
Tailwind starts intra-Asia TEX service via Port Klang, boosting regional trade and shifting transshipment hub.
CMA CGM to Build $600M Terminal in Haiphong
CMA CGM, Saigon Newport to develop $600M Haiphong terminal, boosting Vietnam’s container capacity.
MSC Container Ship Sinks Off Kochi, Oil Spill Fears Rise
MSC Elsa 3 sank near Kochi with 640 containers; all 24 crew rescued; oil spill risk due to diesel, fuel oil, and hazardous cargo.
Port Congestion Worsens Amid Strikes, Tariffs, and Peak Season
Port congestion spreads from Europe to China and US, driven by strikes, tariffs, and rising trade volumes.
Tariffs Push Small US Importers to Breaking Point
US tariffs push small importers toward bankruptcy; few have changed sourcing despite rising costs and uncertainty.
Boxship Grounds Near Norwegian Home, Misses House by Meters
NCL Salten grounded near a Norwegian home; no injuries, minor damage, salvage underway.
MSC Enters Ukrainian Rail Logistics with Medlog Investment
Medlog acquires stakes in Ukrainian terminals, marking MSC’s first major post-war logistics investment.
Stord Acquires UPS's Ware2Go to Boost E-Commerce Fulfillment
Stord buys Ware2Go from UPS, gaining 21 warehouses to expand e-commerce logistics and tech reach.
Mexico-U.S. Logistics Shaped by Crime, Investment, Expansion
Cargo theft disrupts Mexico’s transport; major investments by Bulkmatic, Kingfa, and Amazon underway.
Hapag-Lloyd Sees 50% China Booking Surge After Tariff Break
Post-tariff break, Hapag-Lloyd bookings surged 50%, boosting profits despite global shipping challenges.
China-US Container Bookings Surge 277%
Tariff pause sparks massive rebound in China-US container bookings, rising 277% within days.
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Suez Canal Offers 15% Discount to Boxships
Suez Canal cuts transit fees 15% for large containerships, hoping to regain traffic amid lingering Red Sea risks.
AD Ports Expands in Kazakhstan, Caspian
AD Ports partners with KazMunayGas and SEMURG to build ships and develop a key terminal, boosting Kazakhstan’s trade role.
Port of LA Faces 35% Import Drop Amid US-China Trade War
Tariffs trigger 17 May sailing cancellations; retailers pause amid soaring import costs.
Cosco Shipping Launches Saudi Arabia Office to Expand Middle East Presence
New Saudi office strengthens Cosco's regional operations using Jeddah and Jubail terminals.
Tariffs Trigger Chaos in Shipping as Carriers Realign Global Capacity
Uncertainty over US tariffs disrupts Pacific trade, forcing unpredictable capacity shifts and fees.
CMA CGM Inks 30-Year Deal to Develop Syria’s Latakia Port
CMA CGM to invest $260M in Latakia port, building a deepwater berth and revenue-sharing.
FMC Orders Zim to Pay $3.68M to Samsung in Dispute
FMC awards $3.68M to Samsung for Zim’s OSRA violations in detention and demurrage billing.
Trump Eases Auto Tariffs to Support U.S. Automakers
Trump signs order easing auto tariffs, aiming to boost domestic manufacturing and reduce industry uncertainty.
OOCL Places $3B Order for 14 Methanol-Fueled Boxships
OOCL orders 14 dual-fuel ships in China, boosting COSCO’s fleet and advancing green shipping goals.
CEVA Logistics Acquires Borusan Tedarik for $440M
CEVA acquires Borusan Tedarik, expanding Turkey presence and boosting warehousing, port access, and European connectivity.
Trump's English Rule for Truckers and Import Delays Raise Concerns
Trump mandates English for truckers; combined with falling imports, major trucking and supply chain disruptions loom.
Algoma Launches New Tankers for East Coast Oil Deliveries
Algoma commissions two new tankers for Irving Oil, enhancing deliveries to Canadian and U.S. East Coast ports.
CMA CGM Registers First Indian-Flagged Vessel
CMA CGM registers its first Indian-flagged ship, boosting India-Gulf-Red Sea trade connections.
Iran Port Blast Kills 40, Linked to Chemical Storage
Explosion at Iran’s Shahid Rajaee port kills 40, blamed on improper chemical storage in containers.
CMA CGM Expands in Turkey with $440M Deal
CEVA Logistics acquires Borusan Tedarik for $440M to boost CMA CGM’s growth in Turkey.
Pakistan Suspends Trade and Closes Borders with India
Pakistan suspends trade, closes borders and airspace after India sanctions over Kashmir attack.
Tariffs Disrupt Supply Chains Amid U.S.-China Tensions
Tariffs spark factory closures, order cancellations, and rerouting strategies as trade uncertainty rattles global logistics.
Trump Signals Tariff Cuts as China Opens Door to Negotiations
Trump hints at cutting China tariffs by up to 65% as both sides express readiness to talk.
Record Blank Sailings Amid US-China Trade Collapse
US-China trade war triggers record blank sailings, crippling global shipping and threatening smaller carriers.
USTR Proposes Tariffs on Chinese Ships to Boost U.S. Shipbuilding
USTR targets Chinese shipping with phased fees and LNG export restrictions to revive U.S. shipbuilding.
New Russian Shipping Line Targets West Africa
Former FESCO chairman launches A7 African Cargo Lines, connecting Russia to West African ports including Lagos and Senegal with chartered vessels.
U.S. Hits China Imports with Tariffs Up to 245% Amid Escalating Trade Tensions
U.S. imposes steep tariffs on China; Beijing retaliates, warns it's not afraid of trade war.
Trump’s Tariffs Shake Global Trade Forecasts, WTO Warns of Historic Decline
Trump’s tariff war prompts WTO to forecast rare global trade decline, spurring recession fears worldwide.
Tariff Shockwave Triggers Plunge in U.S. Container Imports
Tariff fears caused U.S. import bookings to collapse 64% amid trade uncertainty and retaliations.
Hudong Zhonghua Delivers Record Dual-Fuel Boxship to CMA CGM
CSSC delivers 24,000 TEU LNG-powered boxship to CMA CGM, cutting emissions and boosting capacity.
U.S. Reinstates Tariffs on Mexican Tomatoes, Ending 2019 Trade Deal
Starting July 14, U.S. will impose 21% tariffs on Mexican tomatoes, ending duty-free trade agreement.
Trump Temporarily Suspends Tariffs on Electronics and Tech Imports
Trump exempts electronics from tariffs, but future semiconductor-focused duties may soon impact imports.
Early Peak Season Begins Amid Tariff Turmoil
Early peak season starts as shippers rush imports, reacting to tariffs and a volatile trade landscape.
Sinolines Launches Direct Asia–Mexico Service
Sinolines starts new Asia–Mexico service via Busan and Manzanillo to streamline trade and reduce costs.
Trump's Tariff Pause Brings Temporary Relief
Trump’s 90-day tariff pause eases pressure, but global trade still faces steep 10-125% U.S. import tariffs.
Saudi Ports See Surge in March Container Exports
Saudi container handling rose 13.6% in March 2025, with exports jumping 31.82% year-on-year.
Tariffs Trigger Temporary Spike in Container Rates
U.S. tariffs cause a short-lived spike in container rates; long-term demand drop and global trade instability expected soon.
Fire Hits German Boxship off Dutch Coast
Engine room fire on German boxship Victoria L near Dutch coast; no injuries, blaze now contained.
U.S. Backs Off Full Port Fees for China
Proposed U.S. port fees for Chinese ships scaled back after industry pushback over cost and disruption concerns.
U.S. Opposes IMO Carbon Tax on Shipping
U.S. warns IMO carbon tax may spark inflation, threatens retaliation against supporting nations, favors alternative solutions.
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Hateco and APM Launch Advanced Haiphong Terminal
New Haiphong terminal boosts Vietnam’s trade with modern tech, deep-water berths, and global shipping connectivity.
Liners Brace for Impact as Trump Escalates Tariff War
Trump’s tariff threats spark Asian shipment cancellations, risking global container trade and spurring stagflation fears.
US Container Bookings Plunge 67% After Trump Tariffs
Trump’s new tariffs trigger 67% drop in US-bound container bookings, prompting carriers to suspend services.
IMO Carbon Tax on Shipping Sparks U.S. Consumer Cost Concerns
Proposed global carbon tax on ships may raise freight rates, impacting U.S. consumer goods prices.