Shipping
Articles

From
The Loadstar
via
gCaptain
Blanked Sailings Buoy Spot Rates Amid Broad Market Slide
Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread blanked sailings on the transpacific trade managed to stave off a complete crash.

From
Mike Schuler
via
gCaptain
Mediterranean Sea Becomes World’s Fifth Sulphur Emission Control Area
The Mediterranean Sea has become the world’s fifth Emission Control Area (ECA) for sulphur oxides starting May 1, 2025. This landmark regulation, adopted by the International Maritime Organization (IMO), will...

From
Bloomberg
via
gCaptain
China Shipping Loophole Closed by Trump, Raising Prices for US Consumers
Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an exception he called a “big scam” takes effect.

From
Mike Schuler
via
gCaptain
West Coast Senators, Port Leaders Sound Alarm on Trump Tariff Hit to the Economy
U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming from recently imposed tariffs that threaten to dramatically reduce containership traffic at major U.S. ports.

From
Mike Schuler
via
gCaptain
UKMTO Warns of Commercial Vessels Being Detained at Houthi-Controlled Ras Isa Port
Multiple commercial vessels anchored at Yemen’s Ras Isa port are being forcibly detained by Houthi forces despite having proper UN clearance, according to a UKMTO warning issued May 1, 2025....

From
Bloomberg
via
gCaptain
COSCO’s Profits Surge Ahead of U.S. Tariff Storm
Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the US Trade Representative set to target Chinese shippers.

From
Mike Schuler
via
gCaptain
Hapag-Lloyd and ONE Post Gains, But Caution Clouds 2025 Outlook
Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...

From
Bloomberg
via
gCaptain
China Is Days Late in Releasing Trade Data as US Shipping Slumps
China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the US.

From
Mike Schuler
via
gCaptain
Woodside Approves $17.5 Billion Louisiana LNG Export Project
Woodside Energy Group has announced a final investment decision (FID) for its massive $17.5 billion Louisiana LNG production and export facility in Calcasieu Parish. The project, which represents the largest...

From
Bloomberg
via
gCaptain
Record U.S. Goods-Trade Deficit Implies Weaker First-Quarter GDP
By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to...

From
Reuters
via
gCaptain
Maersk Says It Has Maintained All Trans-Pacific Sailings Despite Tariff, Trade Uncertainty
Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.

From
Malte Humpert
via
gCaptain
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade
On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.