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Trump Is Already Slowing Global Trade as Companies Pause Orders
Shipping
April 10, 2025
From 
Bloomberg
 via 
gCaptain

Trump Is Already Slowing Global Trade as Companies Pause Orders

US President Donald Trump may have announced a delay in some of his tariff plans, but the first signs of an economically-damaging slowdown in global trade are already emerging as companies around the world hit their own pause button on orders and he continues to escalate his trade war with China.
Trump, Hegseth Signal Panama Canal Pivot
Shipping
April 9, 2025
From 
Reuters
 via 
gCaptain

Trump, Hegseth Signal Panama Canal Pivot

Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced agreements to deepen U.S. military training in the Central American nation.
End of a Growth Era: U.S. Container Imports Set to Plunge as Sweeping Trade Tariffs Take Effect
Shipping
April 9, 2025
From 
Mike Schuler
 via 
gCaptain

End of a Growth Era: U.S. Container Imports Set to Plunge as Sweeping Trade Tariffs Take Effect

May 2025 is projected to mark the end of 19 consecutive months of year-over-year growth amid Trump’s escalating Trade War, new forecasts warn. Major U.S. container ports are bracing for...
Panama Alleges Port Concession Violations, Increasing Pressure on CK Hutchison
Shipping
April 8, 2025
From 
Bloomberg
 via 
gCaptain

Panama Alleges Port Concession Violations, Increasing Pressure on CK Hutchison

Panama’s top auditor accused port operator CK Hutchison Holdings Ltd. of wrongdoing, providing a potential pathway for the Central American country to wrest control of canal facilities caught up in a diplomatic tug-of-war between the US and China.
Trump Administration Considers Softening China Ship Fee Plan After Pushback, Sources Say
Shipping
April 8, 2025
From 
Reuters
 via 
gCaptain

Trump Administration Considers Softening China Ship Fee Plan After Pushback, Sources Say

President Donald Trump's administration is considering softening its proposed fee on China-linked ships visiting U.S. ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.
Georgia Ports Shatter Records Amid Strong Growth Across Both Container and Vehicle Trade
Shipping
April 8, 2025
From 
Mike Schuler
 via 
gCaptain

Georgia Ports Shatter Records Amid Strong Growth Across Both Container and Vehicle Trade

The Port of Savannah achieved unprecedented growth in March 2025, handling 534,000 TEUs and marking its second consecutive monthly record, the Georgia Ports Authority (GPA) announced Tuesday. The surge represents...
Chinese Shipping Earnings Face ‘Harder-Than-Expected’ Tariff Hit as Recession Risks Rise
Shipping
April 8, 2025
From 
Bloomberg
 via 
gCaptain

Chinese Shipping Earnings Face ‘Harder-Than-Expected’ Tariff Hit as Recession Risks Rise

(Bloomberg) — Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade. Container liners such as Cosco Shipping...
Limited Options Push China Into Trade ‘War of Attrition’ With Trump
Shipping
April 8, 2025
From 
Reuters
 via 
gCaptain

Limited Options Push China Into Trade ‘War of Attrition’ With Trump

Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
CK Hutchison’s Panama Port Concession Under Fire as $22.8B Deal Hangs in the Balance
Shipping
April 7, 2025
From 
Reuters
 via 
gCaptain

CK Hutchison’s Panama Port Concession Under Fire as $22.8B Deal Hangs in the Balance

Panama's Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-yearport concession to a company led by CK Hutchison 0001.HK, the comptroller general said on Monday, as a key audit of the contract is expected to be completed soon.
ZIM Orders Ten LNG-Powered Containerships in $2.3 Billion Charter Deal
Shipping
April 7, 2025
From 
Mike Schuler
 via 
gCaptain

ZIM Orders Ten LNG-Powered Containerships in $2.3 Billion Charter Deal

Israeli container shipping company ZIM has signed agreements for ten 11,500 TEU LNG dual-fuel containerships in a deal worth approximately $2.3 billion. The vessels will be constructed at China’s Zhoushan...
Ship Carbon Charge Edges Closer With Optimism US Won’t Derail It
Shipping
April 7, 2025
From 
Bloomberg
 via 
gCaptain

Ship Carbon Charge Edges Closer With Optimism US Won’t Derail It

Governments from across the world are gathering in London this week to thrash out a landmark global carbon charge for the shipping industry.
Greek Ships Go Thousands Of Miles Further To Deliver Russian Oil
Shipping
April 5, 2025
From 
Bloomberg
 via 
gCaptain

Greek Ships Go Thousands Of Miles Further To Deliver Russian Oil

By Julian Lee Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic Sea to customers in Asia.  The...