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Last week, the Philippines-based port operator ICTSI celebrated two major milestones, cementing its status in the global terminal operations.
From splash247.com
The Trump administration’s weaponisation of trade and shipping reached a new level on Friday, with Washington threatening to sanction nations that vote in favour of the International Maritime Organization’s (IMO) upcoming Net Zero Framework (NZF) — a global plan to cut shipping’s greenhouse gas emissions.
Days before the U.S. is scheduled to start collecting port fees for Chinese-owned, operated, or built ships, China’s Ministry of Transportation announced its own program of “special port fees” for U.S. vessels.
From splash247.com
Carbon pricing in shipping is no longer an abstract regulatory concept — it’s a growing commercial cost that is reshaping balance sheets across the maritime value chain.
The United States Trade Representative has revised port fees for vehicle carriers and LNG export cargoes in response to industry feedback.
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.
The Houthis have carried out more than 220 attacks on commercial vessels in the Red Sea and Gulf of Aden over the past two years.
The newly sanctioned vessels and operators are largely based in the United Arab Emirates, Hong Kong, and China.
Blocking vessels, visa restrictions and port fees among actions Trump Administration is considering against nations voting yes for the Net Zero Framework (NZF) at MEPC.
A South African court has dismissed a case by AP Moller-Maersk to halt the award of a Durban Container terminal to ICTSI.
From splash247.com
Pakistan National Shipping Corporation (PNSC) has approved the acquisition of three secondhand tankers for about $193m, as part of its drive to double the national fleet to 30 vessels by 2026.
From splash247.com
Greece’s Chartworld Shipping is expanding its containership newbuilding programme with an order for up to eight units in China. Shipbroking sources report that the Kollakis family–led owner has struck a deal with Yangzhou Guoyu Shipbuilding for four firm and four optional 3,100 teu vessels, with deliveries of the firm units scheduled for 2028.
Amidst a general retrenchment in Western offshore wind development, Lithuania has announced the failure of its second offshore wind tender.
The Royal Marines have adopted a U.S. Coast Guard tactic for the task of stopping smuggling boats in the Gulf of Oman.
Iranian oil exports to China, which over the previous three months averaged 1.52m bpd, fell to 1.4m bpd in September.
The Pentagon has ordered the creation of a new anti-smuggling Joint Task Force (JTF) within U.S. Southern Command.
From splash247.com
Norwegian offshore vessel owner and operator Sea1 Offshore has been awarded a new contract for one of its platform supply vessels (PSVs).
From splash247.com
Norwegian offshore vessel owner Solstad Maritime has landed a series of new contracts for its anchor handlers and subsea support tonnage, adding roughly 700 vessel days of firm work across several regions.
From splash247.com
Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market.
From splash247.com
Israel’s XT Shipping has returned to the newbuilding market with a pair of containerships in China.
From www.world-grain.com
Lead major businesses, functions for global agribusiness
From www.world-grain.com
Belstra Milling Co. board chairman given Distinguished Service Award
Coal India Output: Coal India Limited is facing a production slowdown due to extended monsoon, but hopes to bounce back as dry weather sets in.
From www.linkedin.com
On October 14, 2025, the U.S. plans to impose hefty new port fees targeting China-built, owned, or operated vessels. COSCO — the world’s 4th-largest container carrier — faces a potential $1.5B annual hit.
