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Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom
Shipping
March 27, 2025
From 
Reuters
 via 
gCaptain

Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom

The United States' announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate price hikes and dealers raised fears of job losses in countries with a large car industry.
Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says
Shipping
March 26, 2025
From 
Bloomberg
 via 
gCaptain

Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says

The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they follow best practice, according to a leading maritime group.
HMM Takes Delivery of Its First Methanol-Powered Containership
Shipping
March 26, 2025
From 
The Loadstar
 via 
gCaptain

HMM Takes Delivery of Its First Methanol-Powered Containership

South Korean shipping line HMM has taken delivery of the HMM Green (above), the first in a series of nine 9,000 teu methanol-fuelled containerships being built at Korean yards.
Germany Starts Producing Climate-Neutral Marine Methanol from Wastewater
Shipping
March 25, 2025
From 
Malte Humpert
 via 
gCaptain

Germany Starts Producing Climate-Neutral Marine Methanol from Wastewater

Globally the shipping sector contributes around 706 million tons of CO2 emissions each year, around 3 percent of the total. The majority of containership vessels, oil tankers, and bulk carriers continue to use heavy fuel oil or marine diesel emitting substantial amounts of CO2 and other greenhouse gases.
Despite Sourcing Shifts, ‘Don’t Write-off China’, Says CMA CGM CCO
Shipping
March 25, 2025
From 
The Loadstar
 via 
gCaptain

Despite Sourcing Shifts, ‘Don’t Write-off China’, Says CMA CGM CCO

China cannot be written off completely from supply chains, despite tension with the US and manufacturing shifts towards South-east Asia, according to CMA CGM’s chief commercial officer, Vikash Anand.
Shippers, Steelmakers Spar Over Trump Levies for Chinese Vessels
Shipping
March 25, 2025
From 
Bloomberg
 via 
gCaptain

Shippers, Steelmakers Spar Over Trump Levies for Chinese Vessels

US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US.
Chinese NewNew Shipping Line To Expand Arctic Container Service After Profitable 2024 Operation
Shipping
March 24, 2025
From 
Malte Humpert
 via 
gCaptain

Chinese NewNew Shipping Line To Expand Arctic Container Service After Profitable 2024 Operation

Chinese box carrier NewNew Shipping Line has announced the expansion of its Arctic service for 2025. At the first-ever Russian-Chinese logistics conference “#Containers” held in Moscow last week, NewNew Shipping...
Billion-Dollar US Levies On Chinese Ships Risk ‘Trade Apocalypse’
Shipping
March 23, 2025
From 
Bloomberg
 via 
gCaptain

Billion-Dollar US Levies On Chinese Ships Risk ‘Trade Apocalypse’

By Laura Curtis, Weilun Soon and James Attwood Mar 23, 2025 (Bloomberg) –For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look...
US Delegation Aims For Maritime Ceasefire In The  Black Sea
Shipping
March 23, 2025
From 
Reuters
 via 
gCaptain

US Delegation Aims For Maritime Ceasefire In The Black Sea

By Pesha Magid and Pavel Polityuk RIYADH/KYIV, March 24 (Reuters) – A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it...
China Discloses Powerful Deep-Sea Cable Cutter, SCMP Reports
Shipping
March 23, 2025
From 
Bloomberg
 via 
gCaptain

China Discloses Powerful Deep-Sea Cable Cutter, SCMP Reports

By Bei Hu Mar 22, 2025 (Bloomberg) —China revealed for the first time that it has developed a compact deep-sea cable cutting device that is powerful enough to severe communication lines,...
US Trade Chief To Speak With Chinese Counterpart As Tariff Rift Widens
Shipping
March 22, 2025
From 
Reuters
 via 
gCaptain

US Trade Chief To Speak With Chinese Counterpart As Tariff Rift Widens

By Trevor Hunnicutt, Jarrett Renshaw and David Lawder WASHINGTON, March 21 (Reuters) – Donald Trump’s top trade chief, Jamieson Greer, plans to speak with his Chinese counterpart next week, the U.S. president...
USTR’s Proposed China Port Fees Could Cost Container Shipping Over $100 Billion, Expert Warns
Shipping
March 21, 2025
From 
Mike Schuler
 via 
gCaptain

USTR’s Proposed China Port Fees Could Cost Container Shipping Over $100 Billion, Expert Warns

A proposed U.S. Trade Representative (USTR) fee structure targeting Chinese-built ships and operators could cost the container shipping sector alone over $106.9 billion annually and severely disrupt global supply chains,...