US port fee cost will be around $222 – $500 per TEU for Chinese ships, estimates Drewry
I recently wrote about USTR’s port fee proposal for Chinese ships – will it stick and what is the endgame..?? This was based on the US Trade Representative’s (USTR) proposal targeting Chinese-built ships and Chinese shipping companies, imposing port fees that range from $500,000 to a staggering $1.5 million per call.. The proposal covers not […]
Global trade under fire: Navigating turbulent waters of Trump’s protectionist policies
In the trade war era initiated by Donald Trump, certain global players are poised to feel more pronounced effects than others. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don’t have an account? Register If you liked this post, please consider donating5€10€20€50€ The post […]
WinGD introduces X‑DF‑M platform with largest ever methanol-fuelled engine
Swiss marine power company WinGD is set to deliver its inaugural methanol-fueled engine to a shipyard following successful factory and type approval tests. The engine, a ten-cylinder, 92 bore X-DF-M, is designed for a 16,000 TEU container ship and stands as the largest methanol-fueled engine constructed to date. Currently, there are 56 orders for X-DF-M […]
ZeroUSV debuts first autonomous uncrewed surface vessel
British SME ZeroUSV is nearing the launch of the world’s first charter fleet of fully autonomous uncrewed surface vessels, starting with the Oceanus12, which was recently set afloat at Manor Marine in Portland, Dorset. This vessel is now poised for commissioning and integration trials from its home port in Plymouth, England. The rollout of the […]
Louis Dreyfus Armateurs to be taken over by fellow private equity firm
French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia. The two companies have entered exclusive negotiations for Paris-based InfraVia to acquire an 80% stake in LDA which currently manages 23 ships in roro, offshore wind support and cable laying segments. The Louis-Dreyfus family would retain a 20% […]
US tariffs on Chinese-built boxships to cost shippers millions
Netherlands-based consultancy Dynaliners estimates the cost of the charges that are proposed on Chinese-built ships calling at US ports could be as much as US$500 million at just one port. US Trade Representative’s office, responding to complaints about the loss of jobs to China from US trade unions, is proposing charges of up to US$1.5 […]
Shipbuilding at Epicenter of India’s US$3 Billion Maritime Push
India’s strategic move to bolster its maritime infrastructure through a significant US$3 billion maritime development fund underscores its intent to enhance its shipping, economic and geopolitical stature on the global stage. This initiative, announced by India’s Finance Minister Nirmala Sitharaman, aims to strengthen the nation’s shipbuilding and repair industry, with India ambitiously striving to rank […]
Industry leaders launch Smart Container Alliance
The Smart Container Alliance has been officially launched to drive the adoption of cutting-edge smart container technology. This initiative aims to unite industry stakeholders in a collective effort to enhance cargo traceability, fortify maritime trade, and support global enforcement agencies in the fight against criminal networks. The Smart Container Alliance aims to advance industry standards, […]
Proposed US port call fees for Chinese vessels latest to roil container market: Freightos Analysis
More proposed US policy changes unveiled last week are once again roiling international trade in general and ocean freight in particular. These steps included President Trump signing a memorandum advising federal agencies to research and take steps to prevent Chinese investment in certain US industries, including ports and shipping, and a commerce secretary proposal that […]
Ocean carrier schedule reliability remains steady, with Maersk leading the rankings
Throughout 2024, schedule reliability stayed largely within 50-55%, according to the latest Sea-Intelligence’s report. The new year has started in a similar manner, with schedule reliability continuing to remain within that range. Source: Sea-Intelligence.com, GLP Report, issue 162 Incidentally, the January 2025 score of 51.5% is the same as in the first month of the previous […]