Trump Signals Willingness to Slash 145% Tariff on China

Trump Hints at Cutting 145% China Tariff to 80%. Trump Posts “80% Tariff Seems Right” Ahead of Trade Talks. Tariff Cut on Table...

World’s First Single-Fuel Biomethanol CTV Sets Sail for a Sustainable Future

The Transporter, developed by Northern Offshore Services (part of NYK's Northern Offshore Group), is the world’s first single-fuel biomethanol Crew Transfer Vessel (CTV),...

Gasum Uses Bio-LNG to Power Vessel and Achieve FuelEU Maritime Compliance

Gasum has partnered with shipowner Bernhard Schulte to power the 7,500 m³ vessel Kairos with renewable bio-LNG. The FuelEU Maritime regulation allows emission...

U.S.–Mexico Grain Trade Grows, Driving Handysize and Supramax Demand

This week’s spotlight analyzes the changing dynamics in grain dry bulk shipments from the United States to Mexico. Rising US Grain Exports to Mexico Fuel...

Maersk Says Container Demand Depends on US-China Deal

A.P. Moller-Maersk has adjusted its container volume forecast for the year, now projecting a range from a 1% decline to a 4% increase,...

Aging VLCC Fleet Shaping Market Trends

The VLCC market is seeing an increase in the nominal fleet size, but the effective capacity is growing at a slower rate due...

Berge Bulk Launches Onboard Carbon Capture Trial

Berge Bulk has installed a carbon capture system on its 63,000 DWT Ultramax vessel, Berge Yotei, as part of its Maritime Marshall Plan...

Red Sea Ceasefire Unlikely to Prompt Quick Shipping Return

A US-Houthi ceasefire announced on May 6 aims to end attacks on US vessels in the Red Sea and Bab al-Mandab Strait, easing...

Tariff Shock Disrupts US-China Trade as First Heavily Taxed Cargo Arrives

The first ships carrying Chinese goods under the new 145% US tariff have arrived, triggering a steep drop in imports and fears of...

HD Hyundai and Partners Sign Deal on AI-Powered Humanoid Robots for...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Robotics, Persona AI, and Vazil Company signed an agreement to work together on...