The proposed 2025 Section 301 actions by the US Trade Representative (USTR) against China’s maritime, logistics, and shipbuilding sectors could reshape merchant shipping trade. These historic measures include significant port fees and operational restrictions...

President Trump announced plans to raise U.S. tariffs on imported steel and aluminum from 25% to 50%, effective June 4, 2025. Shares of Cleveland-Cliffs Inc., a major steelmaker, surged 26% following the announcement. ...

New U.S. Commerce Department rules require export licenses for ethane shipments to China, revoking previous approvals. China imported a record 492,000 barrels per day of U.S. ethane in 2024, nearly half of total...

The Ningbo Containerised Freight Index (NCFI) for the week ending May 30, 2025, reported the following trends: Route Highlights Ningbo to Europe: The index declined by 7.94%, falling from 1036.38 to 954.04. Ningbo to West...

SAAM Towage deployed electric tugs in Vancouver and plans another in Chile. The company reduced carbon intensity by 72%, targeting a 90% cut. The operating costs are 70% lower than those of diesel-powered...

Cerberus Capital Management has expressed interest in acquiring the lease for Darwin Port. The Australian government is actively pursuing local buyers, managing the process carefully to support national interests and increasing defense and...

Technip Energies begins on-site management at the dormant Vasilikos LNG terminal, focusing first on assessing the current project status and starting contractor tenders. ETYFA is working closely with the VPSM consortium to resume...

The Intra-Asia Container Index (IACI) held nearly flat at $655 per 40ft container as of May 30, 2025. Year-over-year, the index is up 11%, and Drewry expects regional freight rates to remain stable...

Black carbon, typically produced by incomplete combustion in marine engines, contributes to global warming and is linked to health impacts. It is considered a key driver of the rapid loss of Arctic Sea...

AI-driven automation transforms maritime claims workflows Reduces manual document review and increases accuracy Fully integrated with the IMOS Platform for end-to-end efficiency Veson Nautical has unveiled a major innovation in maritime operations: an AI-powered...