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LNG Industry Warns U.S.-Built Ship Mandate Could Derail Energy Exports
Shipping
May 7, 2025
From 
Reuters
 via 
gCaptain

LNG Industry Warns U.S.-Built Ship Mandate Could Derail Energy Exports

U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding.
Trump Withdraws Sadler Nomination, Taps Industry Veteran Stephen Carmel to Lead MARAD
Shipping
May 7, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Withdraws Sadler Nomination, Taps Industry Veteran Stephen Carmel to Lead MARAD

President Donald Trump has withdrawn the nomination of retired U.S. Navy Captain Brent Sadler and nominated Stephen Carmel of Virginia to be the next Administrator of the U.S. Maritime Administration....
Houthi-Held Ras Isa Port Becomes New Flashpoint in Red Sea Shipping Crisis
Shipping
May 7, 2025
From 
Mike Schuler
 via 
gCaptain

Houthi-Held Ras Isa Port Becomes New Flashpoint in Red Sea Shipping Crisis

Seafarers at Yemen’s Ras Isa Port face escalating safety concerns amid reports of vessels being forcibly detained and armed confrontations, according to maritime authorities. “I am deeply concerned by the...
World’s Trade Superhighway Feels Strain From US-China Decoupling
Shipping
May 7, 2025
From 
Bloomberg
 via 
gCaptain

World’s Trade Superhighway Feels Strain From US-China Decoupling

Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump’s trade war upends the industry and forces the two largest economies apart.
Vietnam’s Shipments From China, to US Reach Record High Amid Trade Fraud Crackdown
Shipping
May 7, 2025
From 
Reuters
 via 
gCaptain

Vietnam’s Shipments From China, to US Reach Record High Amid Trade Fraud Crackdown

Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory.
Trump Announces Deal to Stop Bombing Houthis
Shipping
May 6, 2025
From 
Reuters
 via 
gCaptain

Trump Announces Deal to Stop Bombing Houthis

President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East.
U.S. Carrier Matson Warns of Challenging Trade Environment Ahead
Shipping
May 6, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Carrier Matson Warns of Challenging Trade Environment Ahead

Matson’s stock falls 15% after the company reported Transpacific container volumes falling 30% since April in response to tariffs. Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific,...
Trump Halts U.S. Bombing of Houthis, Citing Ceasefire Pledge That the Houthis Deny
Shipping
May 6, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Halts U.S. Bombing of Houthis, Citing Ceasefire Pledge That the Houthis Deny

President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group agreed to stop disrupting maritime traffic in vital...
Xeneta: SHIPS for America Act Adds New Layer of Complexity to US Maritime Trade
Shipping
May 6, 2025
From 
Mike Schuler
 via 
gCaptain

Xeneta: SHIPS for America Act Adds New Layer of Complexity to US Maritime Trade

The recently reintroduced SHIPS for America Act is creating additional challenges for ocean container shippers in 2025, adding a new layer of complexity to an already intricate US maritime regulatory...
US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports
Shipping
May 6, 2025
From 
Bloomberg
 via 
gCaptain

US Trade Deficit Widens to a Record on Pre-Tariff Drug Imports

The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping tariffs.
Chinese Trade Flow Resilient at End of April Despite US Tariffs
Shipping
May 6, 2025
From 
Bloomberg
 via 
gCaptain

Chinese Trade Flow Resilient at End of April Despite US Tariffs

China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is widely expected to eventually slow the world’s second-largest economy.
As Trump Tariffs Sink in, Canadian Companies Pivot From US to New Markets
Shipping
May 6, 2025
From 
Reuters
 via 
gCaptain

As Trump Tariffs Sink in, Canadian Companies Pivot From US to New Markets

A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the United States stretching back 35 years, is telling customers to expect to pay higher prices. Another company, that produces mascot costumes for sporting or school events, is lowering its prices so as not to lose American customers.