China’s retaliatory port fees add fresh chaos to global shipping
Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage.
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From splash247.com
Over the weekend, a number of ships bound for China turned around following Friday’s retaliatory measure from Beijing against American-linked tonnage.
From splash247.com
China has sanctioned five American subsidiaries of Hanwha Ocean, the South Korean shipbuilder formerly known as Daewoo Shipbuilding & Marine Engineering, claiming the company was involved in the US probe into the Chinese shipping industry.
Against the backdrop of continued regional geopolitical tensions, welcome progress in the form of the suppression of vessel boardings was seen on the Singapore Strait, while union action threatened cargo operations in India.
The Chinese Ministry of Transport has released further details of the “Special Port Fees” that will apply to US ships from today, 14 October.
From splash247.com
TS Lines will quit the transpacific trades from next month when it withdraws its single vessel operated on the Asia-US west coast (AWC) service that is jointly operated with SeaLead and KMTC.
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From gcaptain.com
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The Northern Sea Route is via the Arctic in far north Russia is a long talked about alternative to traditional routes via the Malacca Strait.
From splash247.com
Hong Kong shipowner Wah Kwong has teamed with China’s Yingxing Leasing and Wuhu Shipyard to launch a joint venture called Huaxing Shipping, with an initial order for 12 64,500 dwt ultramax dry bulk carriers at Wuhu.
From splash247.com
The UK arm of environmental group Greenpeace has warned the Crown Estate, King Charles’s property management company, that it would be suing it over “monopoly profiteering” at the expense of bill payers and offshore wind developers.
From splash247.com
New York-listed offshore driller Valaris has won a contract for one of its drillships from a subsidiary of supermajor BP.
From splash247.com
German shipowner Oldendorff Carriers and fellow steelmaker Salzgitter have signed a long-term deal to lower carbon emissions from the seaborne transport of iron ore to Hamburg.
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On Saturday, a crewmember suffered a serious fall aboard a boxship at the port of Algeciras, necessitating a high-angle rescue operation.
South Korean officials are highlighting an uptick in the country’s market share for the newbuilding orders and the potential that they have been able to regain market share from China on the eve of the introduction of the U.S. port fees on Chinese-owned, operated, and built ships.
The world’s first methanol bunker barge was launched last week in China and is destined for operations in Singapore.
Oil prices rebound after hitting five-month lows as investors hope for talks between US and China presidents to ease trade tensions. Markets watch for aggressive trade policies or a pause in tariff escalation.
The dredger’s keel was laid in September 2024, marking the start of construction, which faced minor delays due to technical issues.
The captain was released following a ceasefire brokered by U.S. President Donald Trump, which temporarily halted fighting in the region.
From www.world-grain.com
Unprecedented rainfall improves soil moisture
From www.world-grain.com
Feed safety, supporting sustainable livestock systems among topics
From www.world-grain.com
Companies will continue to operate individually in region
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From thedigitalship.com
Smart Ship Hub’s Chief Executive Officer, Joy Basu spends his days leading digital transformation initiatives across markets spanning Singapore, India, Japan, and Western Europe.
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