ocean shipping News Updates

GovernmentBusinessLogisticsGlobal Freight

China-US Trade Soars in Race to Hit Trade Truce Window

A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.

May 21, 2025
GovernmentBusinessLogisticsGlobal Freight

Tariff Truce Boosts Global Shippers

Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.

May 16, 2025
GovernmentBusinessLogisticsGlobal Freight

Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume in Last Few Days

Hapag-Lloyd is seeing a jump in business after the U.S. and China lowered tariffs, the company’s CEO said, as the trade war ceasefire unleashes a wave of pent-up demand for shipping.

May 14, 2025
GovernmentBusinessLogisticsGlobal Freight

GOP Bill Would End Duty-Free Imports of Cheap Foreign Goods

House Republicans have proposed using their tax and spending bill to end duty-free imports of cheap foreign goods, a perk companies have used to grow their U.S. business for the past decade.

May 13, 2025
GovernmentBusinessLogisticsGlobal Freight

Freight Rates Set to Rise on Pacific Shipping Frenzy

A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.

May 13, 2025
GovernmentBusinessLogisticsGlobal Freight

Container Lines Begin Canceling US-China Shipping Routes

Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

May 7, 2025
GovernmentBusinessEquipmentLogistics

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025
GovernmentBusinessLogistics

Trump Moves Closer to Port Fee on Chinese Vessels

The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports, threatening to shake up global shipping routes and escalate the trade war.

April 18, 2025
GovernmentBusinessLogisticsGlobal Freight

Trump’s China Ship Fees Set to Hit Global Shipping Giants

President Donald Trump has proposed a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a U.S. port.

April 15, 2025
GovernmentBusinessFuelLogistics

IMO Approves Landmark GHG Tax

Members of the International Maritime Organization — with the United States noticeably absent — agreed on the first global tax on greenhouse gas emissions.

April 11, 2025