LA port chief welcomes US-China trade truce but warns 30% tariff still too high
Published on 13-05-2025 at 09:04 Cosco Shipping Andes vessel docked at the Long Beach Container Terminal (LBCT) in the Port of Long Beach in 2023 Shutterstock Port of Los Angeles head Gene Seroka warned that the revised 30% tariff remains too steep to reverse declining cargo volumes, while industry analysts foresee a potential early peak…
US - China tariff deal receives mixed reactions
Financial institutions have given the announcement of a 115%, 90-day, reduction in tariffs between China and the US a mixed reception, with relief over the lowering of the import duties tempered with fears over what is coming down the track. Nick Savvides, Europe correspondent May 12, 2025 CREDIT: THE WHITE HOUSE In the latest twist…
US-China tariff deal – no rush to book Pacific cargo
Maritime industry experts are happy with the latest the slashing of US – China tariffs for 90 days but they warn “we are not out of the woods yet”. Nick Savvides, Europe correspondent May 12, 2025 File photo – Port of Los AngelesCREDIT: PORT OF LOS ANGELES Uncertainty has been the hallmark of Donald Trump’s…
Coast Guard Eases Reflag Rules to Bolster U.S. Flag Fleet
FILE PHOTO: a Port State Control inspection in Nine Mile Anchorage on the lower Mississippi River. U.S. Coast Guard Photo Mike Schuler May 12, 2025 The U.S. Coast Guard has announced significant changes to streamline the certification process for foreign vessels seeking to join the American Registry. The updated Navigation and Vessel Inspection Circular (NVIC)…
'Labour arbitrage' says union, but Trump mulls new US flag of convenience
© Ian Andreiev By Charlie Bartlett technology editor 12/05/2025 Renewed calls from the Centre for Ocean Policy and Economics (COPE) for a US Virgin Islands (USVI) flag, are under consideration by the Trump Administration. Functioning similarly to the function of the UK’s Gibraltar flag, allowing vessels – most of them yachts – to enjoy…
US and China slash tariffs in breakthrough trade deal
Published on 12-05-2025 at 08:48 U.S. President Donald Trump holds a press conference in the East Room of the White House/February 2025 After months of heightened tensions, the United States and China have reached a trade agreement, substantially reducing tariffs on each other’s goods in a bid to stabilise economic ties between the world’s two…
ZPMC: Proposed tariffs on Chinese STS cranes will result in “disruption and shutdown of US ports”
Published on 12-05-2025 at 08:12 Port Houston gets new STS cranes ahead of tariffs Port Houston ZPMC says that slapping additional 100% tariffs on Chinese STS cranes would cripple US ports, spike consumer prices and stall infrastructure projects. Chinese crane manufacturer ZPMC has warned that the proposed 100% tariffs on Chinese-made STS cranes, announced by…
Forwarders 'not excited' by UK trade deals with US and India
By Alexander Whiteman 09/05/2025 Trade deals agreed with India and the US this week have done little to shift market sentiment over the prospects for UK growth. Forwarders said they did not envision much of a shift in capacity between the UK and the two countries in the wake of the deals, the benefits…
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
Photo: © Gvader Dreamstime.com By Ian Putzger Americas correspondent 09/05/2025 Employment in the US logistics sector changed course to cuts last month, and predictions envisage massive layoffs soon. Meanwhile, professionals at the top are in high demand, as companies look for leaders with expanded skill sets to navigate the ongoing volatility. UPS made headlines…
The British turn to charm to strike a trade deal with the US, but UK farmers are not overjoyed
Published on 09-05-2025 at 10:57 Feb 27, 2025: United Kingdom Prime Minister Keir Starmer arrives at the White House for a meeting with President Donald Trump Shutterstock The UK and US hailed a ‘historic’ trade deal, struck after a carefully staged British charm offensive, though analysts view it as a modest win driven more by…
UK's 'unfair' rules for hauliers carrying stowaways need 'urgent reform'
By Charlotte Goldstone 08/05/2025 The UK Road Haulage Association (RHA) and British International Freight Association (BIFA) have called on government to change “deeply unfair” rules relating to stowaways found on HGVs, as hauliers and forwarders are being hit with “additional costs, damage to vehicles, and delays”. A recent inspection by the chief inspector of…
US and China to hold trade talks in Geneva
Published on 07-05-2025 at 08:40 Secretary of the US Treasury Scott K.H. Bessent Shutterstock The talks are being announced as US Treasury Secretary Bessent confirmed in a congressional hearing that China remains the only major US trading partner not yet engaged in tariff negotiations. US Treasury Secretary Scott K.H. Bessent will meet with Chinese economic…
Trump claims Houthis have promised to cease attacks on Red Sea shipping
By Alexander Whiteman 06/05/2025 US president Donald Trump today claimed the Iran-backed Houthi militia has agreed to end its attacks on shipping transiting through the Red Sea. Speaking from the Oval Office alongside newly-elected Canadian prime minister Mark Carney, Trump said the news had just filtered through this morning (6 May, US time) and…
States Sue Over Trump’s Offshore Wind Pause
The first offshore wind turbine is installed at the South Fork Wind project offshore New York. Photo courtesy New York State Reuters May 5, 2025 By Nate Raymond BOSTON, May 5 (Reuters) – A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump’s move to suspend leasing…
India bans Pakistani imports and ships
Published on 05-05-2025 at 14:42 Kerala, India Shutterstock Trade tensions escalated between India and Pakistan after New Delhi banned the entry of Pakistani goods and ships at its ports, prompting Islamabad to impose a reciprocal ban on Indian vessels. India has imposed a sweeping ban on the import and transit of goods from Pakistan and…
Trump’s Push For Deep-Sea Metals Clashes With UN Ocean Treaty
Polymetallic nodules are brought to the surface on board Allseas’ deepsea collection vessel ‘Hidden Gem’ as part of a test of a new nodule collection system in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. Photo courtesy Allseas/The Metals Company Bloomberg May 4, 2025 By Todd Woody May 1, 2025 (Bloomberg) –President Donald Trump first…
Revitalised SHIPS for America Act tied to USTR China vessel fees
The re-introduction of the SHIPS act into the US Senate sets out new Maritime Security Board with a vast range of powers. Barry Parker, New York Correspondent May 1, 2025 CREDIT: SENATE DEMOCRATS VIA WIKIMEDIA COMMONS With much fanfare, the SHIPS FOR AMERICA Act was re-introduced into the United States Senate on Wednesday. The bill…
West Coast Senators, Port Leaders Sound Alarm on Trump Tariffs Hit to the Economy
Port of Seattle. Photo: Shutterstock/karamysh Mike Schuler May 1, 2025 U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming from recently imposed tariffs that threaten to dramatically reduce containership traffic at major U.S. ports. The concerns center around Trump’s April 2 “Liberation…
Trump and Congress Chart a New Course on U.S. Maritime Policy
The first-in-class National Security Multi-Mission Vessel, NSMV 1, aka Empire State VII, is floated out of dry dock at Philly Shipyard. Photo: courtesy of RADM Alfultis gCaptain April 30, 2025 America’s long-neglected maritime sector is suddenly sailing into the policy spotlight—on parallel tracks. In a matter of weeks, both the White House and Congress have…
SHIPS Act 2.0: What’s New in the 2025 Push to Revive U.S. Maritime Power
File Photo: Port of Long Beach Mike Schuler April 30, 2025 The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today by Senators Mark Kelly and Todd Young, along with Representatives Trent Kelly and John Garamendi, the 2025 version…
Bipartisan SHIPS Act Aims to Counter China’s Maritime Dominance with 250-Ship Fleet Expansion
Photo courtesy Hanwha Philly Shipyard Mike Schuler April 30, 2025 A bipartisan group of legislators has re-introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act. The landmark legislation, spearheaded by Senators Mark Kelly (D-AZ) and Todd Young (R-IN), along with Representatives John Garamendi (D-CA-8) and Trent Kelly (R-MS-1), aims to…
Dutch government scales back offshore wind to preserve fisheries
Bojan LepicApril 29, 2025 The Netherlands Enterprise Agency The Netherlands Enterprise Agency The Dutch government has reduced its offshore wind targets and removed one of the zones set for offshore wind development to give more room to the fishing sector. The authorities decided to amend their North Sea Programme and, with it, reduce the offshore…
Kalmar CEO: Hesitant US buyers stall orders on tariff uncertainty risks
Published on 29-04-2025 at 09:29 Kalmar straddle carriers arrive at GMP Kalmar Kalmar’s CEO, Sami Niiranen, says US tariffs have fuelled uncertainty in the domestic market, adding the company is monitoring developments closely, with contingency plans in place to respond quickly. The global trade landscape has shifted significantly over the past couple of months, as…
West Coast Dockworkers Union ILWU Slams Trump’s ‘Haphazard and Destructive’ Tariff Plan
A worker on a container crane at the Port of Los Angeles.Photo courtesy Port of Los Angeles Mike Schuler April 28, 2025 The International Longshore and Warehouse Union (ILWU) has issued a forceful statement opposing recently implemented tariffs between the United States and China, warning of severe consequences for maritime workers and the broader American…
Höegh Autoliners estimates “worst case” impact of USTR port fee at US$60-70m
Published on 28-04-2025 at 09:04 Hoegh Trapper Shutterstock Höegh Autoliners warns that the newly proposed USTR port fees for car carriers are “the biggest uncertainty on the horizon” for the sector, adding that without cost mitigation, the levy could lead to a full financial impact of between US$60-70 million. Höegh Autoliners, a Norwegian shipping company…
Trump calls for free passage of American ships through Suez and Panama canals
Adis AjdinApril 28, 2025 The White House The White House US president Donald Trump has called for free passage of American ships through two of the vital shipping waterways, the Panama and Suez canals. Trump said in a social media post on Saturday that American ships, both military and commercial, should be allowed to travel,…
Trump Signs Executive Order Boosting Deep-Sea Mining Industry
Greenpeace activists from New Zealand and Mexico confront the deep sea mining vessel Hidden Gem, commissioned by Canadian miner The Metals Company, as it returned to port from eight weeks of test mining in the Clarion-Clipperton Zone between Mexico and Hawaii, off the coast of Manzanillo, Mexico November 16, 2022. REUTERS/Gustavo Graf Reuters April 25,…
Few winners in a bitter trade war that's not to everyone's taste
By Ian Putzger Americas correspondent 25/04/2025 Chinese diners at American barbecue restaurants in Beijing are chewing on a loss of authenticity these days, as the beef served is now imported from Australia. Patriotic sentiment aside, the stark reality of costs was enough to drive restaurants in China to forsake American beef – with a 125%…
Shippers warned: don't under-value US exports to avoid tariffs – 'CBP will catch you'
© Danielfela By Alexander Whiteman 25/04/2025 Forwarders are warning shippers not to under-declare the value of goods they export to the US as they look to mitigate the cost of tariffs. In recent weeks, The Loadstar has heard from forwarders about a spike in questions from shippers about the feasibility of under-declaring US-destined goods, with…
Drewry: Global Container Shipping Volume to Fall 1% in Response to Trump Trade Policies
April 24, 2025 Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies. Credit: Adobe Stock/Ming Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result of U.S. trade policies. That would be the…
USTR fee could price Chinese carriers out of US trades
By Charlotte Goldstone 24/04/2025 The October implementation of the US Trade Representative port fees will mean a “forced concentration” of non-Chinese carriers onto US services that will reduce options for shippers, and could see Chinese carriers “effectively priced out of US trades”, warned analysts at Drewry this week. And, ultimately, this “could run into antitrust…
Trump’s tariffs jolt US-China trade
Published on 24-04-2025 at 08:39 Hapag-Lloyd container ship in Charleston Shutterstock Hapag-Lloyd has reported a 30% cancellation in shipments from China to the US due to escalating trade tensions, while other major carriers are suspending China-US services amid declining demand and increasing blank sailings across the Trans-Pacific route. As markets brace for a potential policy…
China, Vietnam ink deals amid US tariff tensions
CHINA’s leader Xi Jinping called for stronger ties with Vietnam on trade and supply chains amid disruptions caused by US tariffs, as he attended the signing in Hanoi of dozens of cooperation agreements between the two communist-run nations last week, reports Reuters. After he met Vietnam’s top leader, To Lam, the two countries signed dozens…
Countries warned by China not to collude with US to restrict trade
BEIJING has warned its trading partners against succumbing to US pressure to isolate China in President Donald Trump’s tariff war, as part of its carrot-and-stick approach to win over countries caught between the world’s two largest economies, reports CNN News. Commenting on recent media reports about the Trump administration’s plans to pressure countries into restricting…
China’s manufacturers feel the tariff pinch
Factories that rely on American markets are already feeling the cold hand of recession as shippers cancel orders and US shippers assess their options in an effort to minimise the worst effects of tariffs. Nick Savvides, Europe correspondent April 23, 2025 IMAGE: PORT OF LA According to analyst Jon Monroe, currently in Shanghai, the feeling…
Trump’s 100% Tariff Proposal on Chinese Cranes Could Leave U.S. Ports with Few Options
Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, , in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson Bloomberg April 23, 2025 By Ilena Peng (Bloomberg) — Chinese cranes that load and unload containers from ships are the latest target of the Trump…
Chinese yards largely unscathed from US port fees
Sam ChambersApril 23, 2025 Shanghai Waigaoqiao Shipbuilding Shanghai Waigaoqiao Shipbuilding Non-Chinese shipowners can breathe a sigh of relief that they can still order most ship types risk-free in China, according to HSBC, following last week’s decision by the US Trade Representative to water down penalties on Chinese-linked tonnage. The competitiveness of Chinese yards remains intact,…
Trump hints at de-escalation of US-China trade war
Published on 23-04-2025 at 09:11 U.S. President Donald Trump holds a press conference in the East Room of the White House/February 2025 Shutterstock In a dramatic U-turn on his China rhetoric, Trump declared that tariffs on China would be “nowhere near as high” as the current 145%, promising to “be very nice” to China as…
American shrimpers welcome plan to 'make seafood great again'
© William Morgan By Alex Lennane 22/04/2025 Fish and seafood supply chains could be set to change following a US plan to “restore American competitiveness” in the sector. The plan, which aims to deregulate US fishing – including raising catch limits, preventing fishing grounds going to offshore wind companies, and expanding commercial fishing into…
US ports warn USTR proposal could hike tariffs on Chinese STS cranes to 270%
Published on 22-04-2025 at 10:54 Port Houston gets new STS cranes Port Houston US ports oppose USTR tariff proposal on STS cranes and cargo handling equipment made in China; propose new bill for production tax credits on US-made STS and MH cranes. With the latest proposal from the United States Trade Representative (USTR) to impose…
China’s Cosco Says US Levies Risk Upsetting Global Shipping
A China Ocean Shipping Company (COSCO) container ship is seen at the San Antonio port in Chile August 6, 2019. REUTERS/Rodrigo Garrido Bloomberg April 21, 2025 China’s largest shipping line said on Monday that the Trump administration’s plan to impose levies on Chinese vessels docking at US ports would erode stability in global trade…
China’s US Envoy Urges End to Trade War, But Warns Beijing Ready to Fight
Stock Photo: dongfang/Shutterstock Reuters April 21, 2025 April 20 (Reuters) – China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war. Speaking at a public event in Washington on Saturday, details of which…
Beijing vents fury at US port fees
Sam ChambersApril 21, 2025 Port of Long Beach Port of Long Beach Shipping spent the weekend digesting the news from the US where watered down plans to charge China-linked ships extra for American port calls have created considerable outrage in Beijing and Hong Kong, while causing consternation for members of the Ocean Alliance, one of…
WSC raises “significant legal concerns” over USTR port fee plan
Published on 21-04-2025 at 08:14 Shutterstock Joe Kramek, CEO of the World Shipping Council, criticised the USTR’s port fee plan as “a step in the wrong direction,” warning it would penalise larger ships and US ports serving those vessels, adding that the proposal may not even be legal. The World Shipping Council (WSC), the voice…
FMC lists Chipolbrok as Controlled Carrier amid PRC ties
Published on 21-04-2025 at 10:38 The Federal Maritime Commission has classified the Chinese-Polish JV shipping company Chipolbrok as a controlled carrier of the People’s Republic of China. The US Federal Maritime Commission (FMC) has added the Chinese-Polish Joint Stock Shipping Company (Chipolbrok) to its Controlled Carrier List, classifying it as a controlled carrier of the…
COSCO, Chinese industry bodies push back against USTR fee plan
Published on 21-04-2025 at 09:50 COSCO Shipping China’s shipowners and shipbuilders have condemned the US measures as short-sighted and discriminatory, warning they will backfire, destabilise global shipping, and drive up costs. Reactions are pouring in following the United States Trade Representative’s (USTR) announcement of a new port fee regime targeting Chinese-owned and Chinese-built vessels calling…
USTR port fees 'counterproductive' says WSC
Liner trade association notes ‘significant legal concerns’ with fees aimed at revitalising US shipbuilding, highlights existing constraints on US shipyards. Gary Howard, Middle East correspondent April 18, 2025 IMAGE: PORT OF LA The World Shipping Council (WSC) said it has concerns about the US Trade Representative’s (USTR) proposed port fee system, branding the regime “counterproductive”…
Trump Administration Opens Pacific Remote Islands Marine Monument to Commercial Fishing
Map courtesy U.S. Fish and Wildlife Service Mike Schuler April 18, 2025 President Donald Trump signed a proclamation on Thursday opening the Pacific Remote Islands Marine National Monument (PRIMNM) to commercial fishing, marking a substantial change in U.S. fishing policy. The proclamation specifically permits U.S.-flagged vessels to conduct commercial fishing operations within 50 to 200…
USTR’s New Maritime Fee Regime Sparks Industry Pushback
Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, , in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson Mike Schuler April 18, 2025 Liner shipping association the World Shipping Council (WSC) has raised significant concerns about the newly announced U.S. Trade Representative…
US unveils much-anticipated port call fees
Sam ChambersApril 18, 2025 Cosco Cosco The United States will impose fees on Chinese-built ships calling at American ports—regardless of ownership, in a ruling that the global shipping community has been waiting to hear about for months. The glimmer of good news for non-Chinese owners is that the final measure is less severe than the…
USTR scales back port fee plan, tightens grip on Chinese-built ships
Published on 18-04-2025 at 08:09 OOCL, China Shipping Line container ships in Port of Oakland Shutterstock The US Trade Representative unveiled a softened version of its fee plan targeting China-built and Chinese-operated ships, with charges starting after a 180-day grace period, applied only once per voyage, and exemptions granted for smaller vessels, shortsea shipping, and…
USTR floats 100% tariff proposal for Chinese STS cranes
Published on 18-04-2025 at 13:11 Four STS cranes for Port Liberty Bayonne Port Liberty Terminals USA The proposed duties on STS cranes and other cargo handling equipment from China, including tank containers and trailers, will be discussed at a public hearing on 19 May. The United States may impose tariffs of up to 100% on…
Trade heads into a gathering storm
Container trades are undergoing a capacity reshuffle as WTO warns of falling trade volumes in 2025. Nick Savvides, Europe correspondent April 17, 2025 IMAGE: © HHM / MICHAEL LINDNER A World Trade Organization (WTO) report highlights the uncertainty in markets and the gathering economic clouds that threaten to unleash a whirlwind on markets global container…
Global Shippers Await Word on U.S. Plan to Hit China-Built Ships With Port Fees
An OOCL containership at the Port of Long Beach. Photo: Richard H Grant / Shutterstock.com Reuters April 17, 2025 LOS ANGELES, April 17 (Reuters) – The U.S. Trade Representative’s office will announce its plan on Thursday for levying port fees on China-linked ships as part of President Donald Trump’s effort to revive domestic shipbuilding and counter China’s dominance on the…
USTR Targets China’s Maritime Dominance With New Fee Structure and U.S.-Build Incentives
FILE PHOTO: Container ships and oil tankers wait outside the Port of Long Beach-Port of Los Angeles complex. REUTERS/Lucy Nicholson Mike Schuler April 17, 2025 Scaled-back from earlier proposals, the final USTR plan softens fee levels and offers exemptions and incentives, aiming to curb Chinese dominance without crippling global trade flows. The U.S. Trade Representative…
Trump administration chases substandard flags in bid to thwart Iran’s shadow fleet
Sam ChambersApril 17, 2025 The latest American sanctions aimed at Iran’s oil industry make specific warnings to shipping about the use of substandard shipping. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesterday designated a China-based independent teapot refinery, Shandong Shengxing Chemical, for its role in purchasing more than $1bn worth of…
Trump’s tariffs crash world trade forecasts
Sam ChambersApril 17, 2025 Julian Hoffmann Anton Julian Hoffmann Anton Many of shipping’s go-to bodies for trade forecasts are now slashing economic predictions for the year ahead in the wake of Donald Trump’s tariff war. Creating significant alarm, the World Trade Organization (WTO) has warned global merchandise trade for 2025 could drop by as much…
California sues Trump over tariffs
Published on 17-04-2025 at 09:09 California Gov. Gavin Newsom Government of California “No state will be impacted more than the state of California by Trump’s tariffs,” Governor Gavin Newsom said, announcing the lawsuit. Governor Gavin Newsom and California Attorney General Rob Bonta on Wednesday, April 16, filed a lawsuit in federal court challenging US President…
California Sues Trump Administration to Block Tariffs
Photo courtesy Port of Long Beach Reuters April 16, 2025 By Brendan Pierson and Dietrich Knauth April 16 (Reuters) – California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump’s sweeping tariffs on foreign trading partners, accusing him of abusing his powers and inflicting financial harm on the state and nation. Trump imposed 10% tariffs on…
Trump’s China Ship Fees Set to Hit Global Shipping Giants
Shutterstock/Studio concept Bloomberg April 15, 2025 Container ships, the workhorses of global trade transporting almost 90% of the world’s manufactured goods, have become a target in Donald Trump’s conflict with China — and none of the major carriers stand to escape the extra costs. Trump wants to punish operators of Chinese ships in order to…
US Wants Other Nations to Block Potential China Tariff Work-Around
April 15, 2025 © Yellow Boat / Adobe Stock U.S. President Donald Trump administration plans to use ongoing tariff negotiations to pressure U.S. trading partners to limit their dealings with China, The Wall Street Journal reported on Tuesday citing people with knowledge of the conversations. U.S. officials plan to use negotiations with more than 70…
UK nationalises Chinese-owned steel plant
Published on 15-04-2025 at 14:13 High quality coking coal is required to keep steel blast furnaces hot, including those behind the stockpiles at Scunthorpe Image by Katherine Tuck Industrial Photography Britain may have to source raw materials from Japan in order to keep its last steelworks open. That’s the situation after an extraordinary intervention by…
Shipping firms quitting HK to avoid US-China conflict
SHIPPING companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry to avoid geopolitical risks, Reuters reports. Behind these low-profile moves, six shipping executives say they are concerned that their ships could be commandeered by Chinese authorities or simply hit by US sanctions in a conflict between Beijing and…
US to nations: We won't pay your ship carbon tax
THE Trump administration has rejected a carbon tax on shipping and has vowed “reciprocal measures” to shield US ships such duties according to a letter seen by Politico, of Arlington, Virginia. The UN’s International Maritime Organisation’s (IMO) Maritime Environmental Protection Conference (MEPC) is taking place in London this week and aims introduce and green tax…
US tariffs bring Port of Shanghai activity to a halt
ACTIVITY at the Port of Shanghai came to a halt on last week after US President Donald Trump’s 125 per cent tariff on Chinese imports took effect, reports Caixin. On April 7 and 8, nearly half the vessels docked at Shanghai’s Yangshan and Waigaoqiao terminals were bound for the US, and racing against the clock.…
White House Aims To Eliminate NOAA Climate Research In Budget Plan
A “Pineapple Express” weather system, or atmospheric river storm, moves towards the U.S. west coast in a composite image from the National Oceanic and Atmospheric Administration (NOAA) GOES-West weather satellite February 4, 2024. NOAA Reuters April 12, 2025 By Valerie Volcovici April 11 (Reuters) – The administration of President Donald Trump aims to eliminate the…
Trump Plans Order To Enable Critical Metals Stockpiling
A Greenpeace activist holds a banner during a protest near the deep sea mining vessel Hidden Gem, commissioned by Canadian miner The Metals Company, in the Mexican Pacific port of Manzanillo, in Manzanillo, Mexico September 27, 2023. Gustavo Graf/Greenpeace Mexico/Handout via REUTERS Bloomberg April 13, 2025 By Subrat Patnaik Apr 12, 2025 (Bloomberg) –US President Donald…
Five Below Falls As US-China Trade War Spurs Canceled Orders
Maersk’s Triple-E giant container ship Majestic Maersk, one of the world’s largest container ships is seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China September 24, 2016. Picture taken September 24, 2016. REUTERS/Aly Song TPX IMAGES OF THE DAY Bloomberg April 13, 2025 By Reshmi Basu and Carrington…
Not all USTR proposed port fees will be implemented
The United States Trade Representative (USTR) will not impose all the proposed fees on Chinese-built ships calling the country’s ports Senate committee was told. Marcus Hand, Editor April 11, 2025 US Trade Representative Jamieson GreerSCREENSHOT FROM PBS YOUTUBE VIDEO Speaking to a Senate committee meeting on tariffs US Trade Representative Jamieson Greer was also asked…
Trump Executive Order Echoes SHIPS Act in Bid to Reclaim Maritime Dominance
FILE PHOTO: The John F. Kennedy CVN 79 under construction at Huntington Ingalls Newport News Shipbuilding. Photo by John Whalen/Huntington Ingalls Mike Schuler April 10, 2025 President Donald Trump signed an executive order on Wednesday aimed at revitalizing the U.S. maritime and shipbuilding industries to counter China’s dominance in the sectors. The executive order aligns…
USTR Considers Adjusting Port Fee Plan for Chinese Ships After Pushback
The CMA CGM Marco Polo, an Explorer class mega sized container ship crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor to discharge at the Port of New York and New Jersey. Photo taken from Brooklyn, New York, U.S., May 20, 2021. REUTERS/Brendan McDermid Reuters April 10, 2025 LONDON/ATHENS, April 9 (Reuters) – President Donald Trump’s…
‘Restoring America's maritime dominance' – stop laughing at the back of the class
By Gavin van Marle 10/04/2025 The US government has pushed ahead with plans to revitalise its shipbuilding industry, after President Trump issued an executive order yesterday entitled “Restoring America’s Maritime Dominance”. However, the threat of severe fees on Chinese-built ships calling at US ports, by the US Trade Representative under the 301 rule, has yet…
Trump executive order targets Canadian/Mexican Ports
Published on 10-04-2025 at 23:05 Double stacked containers at the Port of Prince Rupert Photo: Port of Prince Rupert The Trump Administration has moved to end the long-standing practice of US shippers avoiding the Harbor Maintenance Tax by shipping goods through a Canadian or Mexican Port. In an Executive Order signed on 9 April President…
Trump suspends global tariffs for 90 days, ramps up pressure on China
Published on 10-04-2025 at 09:27 U.S. President Donald Trump White House The Art of the Deal: In the wake of Trump’s tariff suspension, the only certainty is volatility and uncertainty. After several days of stock market turmoil and a sharp plunge in the Dow Jones due to a wave of sweeping US tariffs on nations…
US targets Chinese STS cranes and “other cargo handling equipment” with fresh tariffs
Published on 10-04-2025 at 10:29 Port Houston gets new STS cranes ahead of tariffs Port Houston Donald Trump’s latest executive order sets the stage for new US tariffs on Chinese-made STS cranes and other port equipment, intensifying the pushback against Beijing’s “growing influence in global maritime trade”. In a move aimed at “restoring maritime dominance”…
Trump, Hegseth Signal Panama Canal Pivot
U.S. Secretary of Defense Pete Hegseth, Panama Canal Authority Administrator Ricaurte Vasquez, and Commander of the U.S. Southern Command Adm. Alvin Holsey tour the Miraflores locks, in Panama City, Panama April 8, 2025. REUTERS/Aris Martinez Reuters April 9, 2025 By Phil Stewart PANAMA CITY, April 9 (Reuters) – Panama said on Wednesday the United States recognized its…
Trump Signs Executive Order to Revitalize U.S. Shipbuilding Amid China’s Maritime Dominance
U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington, D.C., U.S., April 9, 2025. REUTERS/Nathan Howard Mike Schuler April 9, 2025 President Trump has signed an executive order on Wednesday aimed at revitalizing the domestic shipbuilding industry, including in the both the…
Here’s Everything You Need to Know About Trump’s Executive Order to Restore U.S. Maritime Dominance
Photo courtesy Hanwha Philly Shipyard Mike Schuler April 9, 2025 President Donald Trump has signed a sweeping executive order aimed at revitalizing America’s struggling shipbuilding industry, strengthening its maritime workforce, and expanding the nation’s global shipping presence. The executive order, titled “Restoring America’s Maritime Dominance,” addresses a critical national security concern, with the United States…
US looks set to water down penalties on Chinese tonnage
Sam ChambersApril 9, 2025 Cosco Shipping has had a peek at what charges from the US it faces for links to Chinese tonnage. Appearing in front of a Senate Finance Committee yesterday, US Trade Representative Jamieson Greer said his organisation had taken onboard the huge volume of complaints registered during a public hearing into proposals…
'Chaos after chaos' coming from de minimis changes and more tariffs
© Chormail By Ian Putzger Americas correspondent 09/04/2025 Logistics firms that focus on ecommerce are bracing themselves for a rocky May, when the US fully withdraws de minimis exemption for online purchases from China and Hong Kong. The firms are advising clients to prepare for disruptions and delays – one is predicting “chaos after…
Pentagon’s Hegseth to Visit Panama Canal After Trump Threats
Photo: Panama Canal Authority Reuters April 8, 2025 PANAMA CITY, April 8 (Reuters) – U.S. Defense Secretary Pete Hegseth is expected to get a close-up look at the Panama Canal on Tuesday, as he kicks off a rare visit to a Central American nation still unsettled by President Donald Trump’s threats to take back the canal. Hegseth,…
Panama Alleges Port Concession Violations, Increasing Pressure on CK Hutchison
FILE PHOTO: A ship sails near the Balboa Port after Hong Kong’s CK Hutchison Holdings Ltd 0001.HK agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, amid pressure from U.S. President Donald Trump to curb China’s influence in the region, Panama City, Panama, March 4, 2025. REUTERS/Enea…
Liners draw up defensive measures in their armoury to fight Trump’s tariff war
Sam ChambersApril 8, 2025 White House Global container growth is set to head into a hard reverse this year on the back of the tariff war initiated by Donald Trump, the American president, which is already seeing noticeable cargo booking cancellations in Asia. In a post on his social media platform Truth Social on Monday,…
How Trump’s new economic order risks sinking green shipping
SplashApril 9, 2025 Maersk Matt Kenney, the head of Laureate Communications, warns readers on how Trump’s economic policies could sideswipe the most ambitious maritime transformation in a generation. Let’s begin with a truth so plain it should not require reiteration: President Trump’s tariff agenda is not a tantrum, nor a theatrical act of economic populism.…
Trump tariffs see hundreds of cancelled container bookings a day from Asia
© Marc Bruxelle By Alison Koo 08/04/2025 Donald Trump’s tariff war has seen several Asian exporters cancelling container bookings, as US cargo receivers are now wary of having to pay higher prices for the goods. Taiwanese cardboard manufacturers with factories in Vietnam have reported having to cancel as many as 300 container-loads of goods,…
Australian political leaders unite to reclaim Port of Darwin
Published on 08-04-2025 at 09:03 Military cargo being loaded at Darwin Port. Photo: Darwin Port Operations Australia’s political parties vow to return the Port of Darwin to national ownership ahead of the 2025 federal election due to security concerns. Australia’s major political parties have pledged to return the strategically important Port of Darwin to national…
Container shipping will be hit hardest – Bimco
07.04.2025 Bimco’s chief shipping analyst, Niels Rasmussen, has warned of major consequences following the USA’s announcement of new import tariffs. US import tariffs will rise by nearly 25%, significantly raising costs for businesses and consumers on around 80% of imports. Key US trading partners, including China, South Korea, Japan and the EU, are…
Which sectors are suffering the most from tariffs?
Sam ChambersApril 7, 2025 Gram Car Carriers Donald Trump’s 10% tariffs across all countries came into effect Saturday, with stock markets in Asia taking another battering today. Wednesday will see the much higher so-called reciprocal US tariffs come into effect with listed shipping companies facing up to the realities of an impending global trade war.…
Commodities Collapse: China Tariffs Send Oil, Soybeans and Copper Tumbling
The Sea Port Oil Terminal has a proposed capacity of 2 million barrels per day, Stock Photo: tcly / Shutterstock Reuters April 4, 2025 By Anna Hirtenstein and Karl Plume LONDON/CHICAGO April 4 (Reuters) – Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also…
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
By Alexander Whiteman 04/04/2025 Some shippers have paused transport into the US amid the chaos thrown up by the new tariff regime, with hopes of a rash of reshoring into the country fast fading. Dubbed “Liberation Day” by Donald Trump, the US announced imposition of sweeping tariffs on almost every country on Wednesday to address…
Dry bulk market braces for impact as China hits back with retaliatory tarrifs
Published on 04-04-2025 at 15:12 Bulker loaded with grain Shutterstock According to BIMCO, the new tariffs are likely to reduce Chinese demand for major US dry bulk exports, particularly affecting the Panamax and Supramax segments. China has announced it will impose a tit-for-tat 34% tariff on all imports from the United States starting 10 April,…
Global Trade Braces for Impact After Trump’s Tariff Bombshell
Cargo containers piled up at a marine terminal at the Port of Los Angeles in March 2022. Photo courtesy Port of Los Angeles Reuters April 3, 2025 By David Lawder, David Ljunggren, Andy Sullivan WASHINGTON/OTTAWA, April 3 (Reuters) – President Donald Trump’s sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies…
‘Worse Than Covid’: Trump’s Port Fee Plan Could Upend U.S. Shipping Schedules
Statue of Liberty overlooking STS cranes at the Port of New York and New Jersey. Photo: Edgar Feliz/Shutterstock Ira Breskin April 3, 2025 By Ira Breskin STAMFORD, CT — Shipping industry executives are considering options to address Trump administration policy changes, under consideration or enacted, that could significantly disrupt operations, speakers said here this week…
De minimis exemption on shipments from China to the US will end in May
© Lilit Salnazaryan | By Alex Lennane 03/04/2025 Ecommerce companies and airlines will be looking closely at the new de minimis treatment in the US. An executive order signed yesterday eliminated the de minimis exemption for goods coming from China and Hong Kong, starting on 2 May. If goods are sent via the international…
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
ID 128370001 © Waingro | Dreamstime.com By Alexander Whiteman 03/04/2025 Shippers feel paralysed by the uncertainty thrown up by the sweeping new US tariff regime – but forwarders could win big from the chaos. President Trump announced what has been dubbed “the big one” and “liberation day” last night, imposing a base 10% on all…
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
Mr R Saade et Mr Macron meet at CMA CGM’s HQ in September 2021 By Alex Lennane 03/04/2025 CMA CGM’s much-heralded $20bn investment in the US could be in doubt after French president Emmanuel Macron called for a suspension of European investments in the US, following yesterday’s tariff announcement. Speaking to a group French business…
Trump’s “Liberation Day” unleashes global tariff turmoil
Published on 03-04-2025 at 08:59 The White House Trump’s so-called “Liberation Day” has set off a global trade upheaval, as sweeping tariffs hit US trading partners across the globe. US President Donald Trump has announced sweeping new tariffs, sending shockwaves through global trade and launching what analysts see as an all-out tariff war. The measures,…
Seroka: Ports likely to face another boom-bust cycle from tariffs
Published on 03-04-2025 at 10:07 Port of Los Angeles West Basin Port of Los Angeles Port of Los Angeles CEO Gene Seroka anticipates that, like during the previous Trump administration, the tariffs could trigger a cargo rush followed by a sharp drop in volumes once frontloading subsides. Fearing US tariffs, companies began frontloading inventories into…
Shipping executives ‘stumped by Trump’
Uncertainty was the over-arching theme from speakers at the Capital Link International Shipping Forum in New York this week. Barry Parker, New York Correspondent April 2, 2025 CREDIT: BARRY PARKER Many of the presenters, throughout the day, expressed uncertainty when presented with questions of what might happen with geopolitics – offering different expressions of “stumped…
Trump Drops Tariff Bomb On All U.S. Imports
U.S. President Donald Trump signs an executive order on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. REUTERS/Leah Millis Mike Schuler April 2, 2025 By Andrea Shalal and David Lawder WASHINGTON, April 2 (Reuters) – President Donald Trump said on Wednesday that he would impose a 10%…
Trump's Tariffs Risk of Shipping Chaos
April 2, 2025 © Kalyakan / Adobe Stock U.S. President Donald Trump’s new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout. The Trump administration on Wednesday is set to announce “reciprocal tariffs” targeting nations that…
Canada pledges funds to diversify trade strategy as US relations sour
Canada US diplomatic crisis and north American division and trade war or national discord and fractures in the Canadian and American relationship as a disconnect between Washington and Ottawa broken jigsaw puzzle pieces. By Alexander Whiteman 02/04/2025 Trump’s trade war has provoked “total hatred” north of the border, with Canada’s PM vowing to support…
Genco CEO Says Trump’s China Ship Fees Will Hammer Farmers, Not China
Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, Merch 13, 2017. Picture taken March 13, 2017. REUTERS/Paulo Whitaker Mike Schuler April 1, 2025 By Ilena Peng (Bloomberg) — The largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters…
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
By Charlotte Goldstone 01/04/2025 Tomorrow’s promised US tariffs will create “practical nightmares” and “a bureaucratic monster of new customs procedures”, with some countries directly in the firing line. Yesterday, The United States Trade Representative (USTR) office released the 2025 National Trade Estimate Report on Foreign Trade Barriers for the US (NTE), alphabetically dissecting the…
ILWU urges USTR to introduce land border fee to counter cargo diversion
Published on 01-04-2025 at 11:00 Port of Los Angeles Shutterstock The ILWU believes a land border fee would prevent China from rerouting US-bound cargo through Canada and Mexico and bypassing US ports. The International Longshore and Warehouse Union (ILWU), representing 22,000 dock workers on the U.S. West Coast, believes the Office of the United States…
China State Media Blasts CK Hutchison’s Panama Port Deal In Soon-Deleted Post
A ship sails near the Balboa Port in Panama City, Panama, March 4, 2025. REUTERS/Enea Lebrun Reuters March 29, 2025 By Lewis Jackson and Jenny Su BEIJING, March 29 (Reuters) – Chinese state media attacked Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post…
Icebreaker Diplomacy: Finnish President Stubb Makes Surprise Visit To Meet With Trump
An icebreaker built for the Finnish government is seen at Arctech Helsinki Shipyard in Helsinki, Finland, September 10, 2015. REUTERS/Jussi Rosendahl Reuters March 29, 2025 By Andrea Shalal and Anne Kauranen WEST PALM BEACH, Florida, March 29 (Reuters) – Finnish President Alexander Stubb made a surprise trip on Saturday to meet with U.S. President Donald…
De Minimis change 'no bad thing' for logistics operators
© Nunthana Setila By Alexander Whiteman 28/03/2025 Logistics suppliers appear increasingly unfazed by the chaos emanating out of the White House and the looming crackdown in not only the US but Europe on de minimis exemptions. Responding to a question from The Loadstar at an event marking the launch of Maersk’s latest dual-fuel vessel,…
Car-Shipping Companies Plunge After Trump’s Latest Tariffs
The car carrier Tristan of Wallenius Wilhelmsen in the port of Bremerhaven, Germany (Source: Tvabutzku1234 under CC0 1.0 Universal) Bloomberg March 27, 2025 By Alex Longley Mar 27, 2025 (Bloomberg) –Shares of companies that haul cars across oceans plunged after President Trump widened his trade war with tariffs on vehicles not made in the US. Wallenius…
Opposition builds for final hearing on US plan to tax Chinese box ship calls
© Eamesbot By Charlotte Goldstone 26/03/2025 US importers and shippers await the outcome of the final hearing on the new administration’s proposal to tax millions from Chinese-built vessels – but some carriers will be less worried than others. Today marks the second, and last, hearing on the US Trade Representative’s proposed 301 rule: a…
US tariff policy 'unsustainable and only temporary', says Geodis VP
@ CLERGUE Bruno By Stuart Todd 27/03/2025 Logistics services providers (LSPs) are feeling the impact of the downturn in the EU’s automobile sector. Against a backdrop of stagnant economic growth and flagging consumer demand, production fell 6.2% last year , with new vehicle registrations virtually flat (+0.8%), falling into negative territory in the new…
White House confirms automotive tariffs – 'a disaster for the industry'
Photo: © Amaiquez | By Alex Lennane 27/03/2025 Automotive logistics could be hard hit – with some modal shift to cut costs – now the US has confirmed ‘heavy-handed’ 25% tariffs on imported vehicles. To be introduced on 2 April, such a tariff would have impacted eight million vehicles last year, and increased their…
US auto tariffs signal old relationship between US and Canada “is over”
Published on 27-03-2025 at 20:52 GM’s Oshawa plant in Ontario. GM Following President Trump’s announcement of a 25% tariff on imported vehicles and some vehicle components Canada’s new Prime Minister has concluded that its 150-year-old relationship with the US “is over”. On March 26 President Trump signed a proclamation invoking Section 232 of the Trade…
Chinese ship charges receive cool reception at USTR
China pitched as biggest threat to US shipbuilding while Japan and South Korea were identified as a potential source of expertise to revitalise US shipbuilding. Nick Savvides, Europe correspondent March 26, 2025 IMAGE: PORT OF LA Initial hearings at the office of the US Trade Representative (USTR) investigating the shipping market manipulation by China have…
Opposition builds for final hearing on US plan to tax Chinese box ship calls
© Eamesbot By Charlotte Goldstone 26/03/2025 US importers and shippers await the outcome of the final hearing on the new administration’s proposal to tax millions from Chinese-built vessels – but some carriers will be less worried than others. Today marks the second, and last, hearing on the US Trade Representative’s proposed 301 rule: a…
Geopolitical tensions reshaping global trade warns Singapore Senior Minister
Singapore’s Senior Minister Lee Hsien Loong highlighted an acceleration of structural shifts between major powers which the maritime sector needs to prepare for. Marcus Hand, Editor March 24, 2025 Senior Minister Lee Hsien Loong giving the Singapore Maritime LectureCREDIT: MARCUS HAND Giving the annual Singapore Maritime Lecture at the start of Singapore Maritime Week Senior…
Trump Port Levies On Chinese Ships Could Mean Billion-Dollar ‘Trade Apocalypse’ Industry Executives Say
FILE PHOTO: A cargo ship full of containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., February 3, 2025. REUTERS/Carlos Barria/File Photo Malte Humpert March 24, 2025 The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese…
AgTC President: USTR’s fees on Chinese ships will decimate agriculture exports
Published on 24-03-2025 at 16:03 Bulker loaded with grain Shutterstock AGTC strongly opposes USTR’s proposal, arguing it threatens US agriculture and rural communities by making it more difficult to compete in global markets. The US Trade Representative’s (USTR) proposed fees on Chinese-built ships calling at US ports have drawn a wave of opposition from the…
Trump Tariffs Prompt Yachtmaker To Eschew Profit Forecast
File Photo: Ventura/Shutterstock Bloomberg March 22, 2025 By Francois de Beaupuy Mar 20, 2025 (Bloomberg) –Beneteau SA, a French maker of sailing yachts and powerboats that generates about 20% of its sales in the US, isn’t providing an annual profit forecast because of uncertainty over Trump administration trade policies. It opted not to give earnings guidance…
US Trade Chief To Speak With Chinese Counterpart As Tariff Rift Widens
A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., February 3, 2025. REUTERS/Carlos Barria Reuters March 22, 2025 By Trevor Hunnicutt, Jarrett Renshaw and David Lawder WASHINGTON, March 21 (Reuters) – Donald Trump’s top trade chief, Jamieson Greer, plans…
Majority of Americans Support Domestic Shipbuilding as National Security Priority, New Poll Reveals
Photo: Hanwha Philly Shipyard Mike Schuler March 21, 2025 A new poll released today reveals overwhelming support among Americans for strengthening domestic shipbuilding capabilities, with 72% agreeing that the United States must reduce dependence on foreign ship manufacturers. The survey, conducted by Morning Consult for the Alliance for American Manufacturing (AAM), comes as U.S. shipbuilding…
$3.5m: How much this COSCO ship might be charged when calling at a US port
Sam ChambersMarch 21, 2025 Port of Oakland Public comments continue to fly into the US Trade Representative (USTR) ahead of Monday’s hearing into controversial plans to tax Chinese-built tonnage calling at US ports. In the more than 150 submissions sent in, a considerable number have hit out at the unfair, blanket nature of the penalties…
Trump prioritising shipping more than any past US President says FMC chair
Federal Maritime Commission chair Louis Sola urges port authority executives to make their views known on Capitol Hill. Barry Parker, New York Correspondent March 20, 2025 Louis Sola chair of the FMCCREDIT: FEDERAL MARITIME COMMISSION “We’ve never had a President prioritise shipping as much as this one has, in the past fifty-seven days,” states Louis…
US port call fees would force ACL to exit transatlantic trade, says CEO
ID 158054895 © Mikesimon25 | Dreamstime.com By Gavin van Marle 20/03/2025 Niche transatlantic carrier Atlantic Container Line (ACL) has warned it would have to exit the trade if the US Trade Representative (USTR) enforces its proposed 301 rule on Chinese-built ships. The company, owned by Italy’s Grimaldi Group but has its operational HQ in…
European Shipping Commands 35% of Global Fleet, Critical for EU Security and Trade
Photo: Sven Brandenburg/Shutterstock Mike Schuler March 19, 2025 European shipping has emerged as a crucial geopolitical asset for the European Union, controlling 35% of the world’s fleet despite the EU representing only 15% of global GDP, according to new studies released ahead of the European Shipping Summit. The comprehensive market analysis, conducted by Deloitte and…
$100m per VLCC port call: American targeting of Chinese tonnage risks backfiring
Sam ChambersMarch 19, 2025 Crowley The Monday deadline is fast approaching for public comments on the US Trade Representative’s investigation into China’s dominance in shipbuilding after which president Donald Trump will make a ruling. Submissions to the Washington body have been numerous, some full of praise, and plenty of others warning of the potential costly…
FMC empowered to investigate international 'shipping chokepoints'
ID 153673598 © Yolfran | Dreamstime.com By Alexander Whiteman 19/03/2025 Donald Trump appears to have ‘weaponised’ the Federal Maritime Commission (FMC) as part of US efforts to revitalise its shipping sector. On Monday it was announced that the FMC would investigate seven “chokepoints” in liner shipping: the Northern Sea Passage; English Channel; Malacca Strait;…
BIMCO sounds alarm on impact of USTR’s proposed fees on Chinese ships
Published on 18-03-2025 at 10:07 China Shipping container ship in Oakland Shutterstock BIMCO warned that the proposed actions would significantly raise transport costs for US imports and exports, while the impact on Chinese dominance remains uncertain. BIMCO, the Baltic and International Maritime Council, has sent a letter to the US Trade Representative (USTR) highlighting that…