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Tanker Market Faces Downward Pressure Despite IMO’s Net Zero Framework
Without a doubt, the most impactful outcome of the IMO's Marine Environment Protection Committee (MEPC 83) meeting was the creation of the IMO Net...
Temporary US-China Tariff Reduction Likely to Cause Short-Term Freight Rate Increase
Regardless of political debates about winners and losers or the quality of the agreement, the crucial outcome is the anticipated smoother flow of goods...
Shipping Sector Welcomes Tariff Easing, Eyes 30% Levy Uncertainty
The US and China have agreed to temporarily reduce tariffs, prompting optimism in the container shipping industry.
Shipping firms, port operators, and retailers...
Maersk Hails US-China Tariff Pause as Positive for Customers
On Monday, May 12th, 2025, Danish shipping giant Maersk (MAERSKb.CO) acknowledged the agreement between China and the United States to implement a 90-day pause...
Shipping Stocks Jump After Unexpected US-China Tariff Reduction Announcement
Shipping stocks experienced a significant boost early on Monday, May 12th, 2025, following the announcement that the United States and China had agreed to...
Cavotec Secures €8.1 Million Shore Power Systems Contract for Newbuild Container...
Cavotec has secured a €8.1 million contract to supply complete shore power systems for newly built container vessels.
The systems, including cable management...
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