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Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled
Shipping
April 23, 2025
From 
Reuters
 via 
gCaptain

Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled

Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.
NYC Waterfront Project Aims to Shift Freight from Truck to Barge
Shipping
April 22, 2025
From 
gCaptain
 via 
gCaptain

NYC Waterfront Project Aims to Shift Freight from Truck to Barge

By Daniel Katzive (gCaptain) –  New York City’s slow-moving efforts to get more freight off the city’s congested highways and onto the metropolis’s navigable waterways appeared to take an important...
CMB.TECH to Absorb Golden Ocean in All-Stock Deal
Shipping
April 22, 2025
From 
Mike Schuler
 via 
gCaptain

CMB.TECH to Absorb Golden Ocean in All-Stock Deal

Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) announced today a merger agreement that will create one of the largest diversified listed maritime groups globally. The stock-for-stock...
U.S. Sanctions Iranian LPG Tycoon Tied to IRGC and Failed Texas Loading
Shipping
April 22, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Sanctions Iranian LPG Tycoon Tied to IRGC and Failed Texas Loading

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Iranian LPG magnate Seyed Asadoollah Emamjomeh and his extensive corporate network for shipping hundreds of millions...
Massive Surge in Transpacific Blank Sailings Amid U.S.-China Trade Tensions
Shipping
April 21, 2025
From 
Mike Schuler
 via 
gCaptain

Massive Surge in Transpacific Blank Sailings Amid U.S.-China Trade Tensions

Container shipping lines have dramatically increased blank sailings on Transpacific routes in response to escalating trade tensions between the U.S. and China, according to a new report from Sea-Intelligence. The...
Sino-US Trade War Redrawing Global LPG Trading, Outlook
Shipping
April 21, 2025
From 
Reuters
 via 
gCaptain

Sino-US Trade War Redrawing Global LPG Trading, Outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
China’s US Envoy Urges End to Trade War, But Warns Beijing Ready to Fight
Shipping
April 21, 2025
From 
Reuters
 via 
gCaptain

China’s US Envoy Urges End to Trade War, But Warns Beijing Ready to Fight

China's ambassador to the United States, Xie Feng, has urged Washington to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war.
China’s Cosco Says US Levies Risk Upsetting Global Shipping
Shipping
April 21, 2025
From 
Bloomberg
 via 
gCaptain

China’s Cosco Says US Levies Risk Upsetting Global Shipping

(Bloomberg) — China’s largest shipping line said on Monday that the Trump administration’s plan to impose levies on Chinese vessels docking at US ports would erode stability in global trade...
Chinese-Polish Shipping Company Chipolbrok Added to FMC’s Controlled Carrier List
Shipping
April 21, 2025
From 
Mike Schuler
 via 
gCaptain

Chinese-Polish Shipping Company Chipolbrok Added to FMC’s Controlled Carrier List

The Federal Maritime Commission (FMC) has designated the Chinese-Polish Joint Stock Shipping Company (Chipolbrok) as a controlled carrier of the People’s Republic of China (PRC), leading to its addition to...
Australian Opposition Pledges To Reinstate Live Sheep Exports
Shipping
April 21, 2025
From 
Bloomberg
 via 
gCaptain

Australian Opposition Pledges To Reinstate Live Sheep Exports

By Paul-Alain Hunt Apr 19, 2025 (Bloomberg) –Australia’s opposition, the Liberal-National Coalition, pledged to repeal a ban on live sheep exports to overseas markets if it takes power in the upcoming...
Caribbean Group Says US Exemptions On Chinese Ships ‘Acceptable’
Shipping
April 20, 2025
From 
Bloomberg
 via 
gCaptain

Caribbean Group Says US Exemptions On Chinese Ships ‘Acceptable’

By Denis Chabrol Apr 19, 2025 (Bloomberg) –The Caribbean Private Sector Organization said it welcomed a decision to exempt certain Chinese ships traveling to its ports from millions of dollars in...
China’s Soybean Imports From US Jump In March, But Brazil Set To Dominate Market
Shipping
April 20, 2025
From 
Reuters
 via 
gCaptain

China’s Soybean Imports From US Jump In March, But Brazil Set To Dominate Market

BEIJING, April 20 (Reuters) – China’s soybean imports from the United States rose 12% in March from the same period last year, as shipments secured in late 2024 by buyers concerned about the...