Trump’s ‘Liberation Day’ arrives
Donald Trump is expected to announce sweeping tariffs in a statement at the White House Rose Garden at 16:00 EST this afternoon, branding today as ‘Liberation Day’ in the latest economic shock to hit global seaborne trades in the opening months of his return to power. The scope and scale of the reciprocal country-based tariffs […]
Mastering Logistics for Custom Poly Mailers: From Warehouse Efficiency to Flawless Delivery
Photo from CustomPolyMailers.com In the fast-paced world of e-commerce, the journey of a package from warehouse shelves to a customer’s doorstep is more than just a logistical step—it’s a silent ambassador for your brand. Custom poly mailers, those lightweight yet resilient packaging workhorses, play a pivotal role in this process. But even the most eye-catching […]
Repurposing Shipping Containers: Innovative Decking Ideas for Sustainable Projects
The idea of repurposing shipping containers for different architectural projects has gained popularity recently. Innovative building concepts favor these durable, modular structures since they are not only affordable but also ecologically friendly. Shipping containers have demonstrated their adaptability from residential extensions to pop-up cafés. Decking is one of the most creative and practical means of […]
China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence
Beijing’s move to block the sale of CK Hutchison’s overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in maintaining control over key maritime infrastructure. CK Hutchison’s subsidiary, Hutchison Ports, a major global player, operates 43 ports with 199 berths across 23 countries, and the potential sale deal could shift […]
Container rates plunge 28%: Worst first quarter in two decades
Average container freight rates for Chinese exports have dropped 28% since the start of the year, posting the worst first quarter development of the past twenty years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Based on input from twenty-three liner operators, the China Containerized Freight Index (CCFI) reflects the general export freight rate level […]
A.P. Moller Holding moves to take Svitzer private
Denmark’s A.P. Moller Holding (APMH) has made an all-cash offer to take towage operator Svitzer private. The offer, valued at about $1.3bn, comes at nearly a 32% premium to Tuesday’s closing share price in Copenhagen. APMH holds 47% of shares in Svitzer, which demerged from Maersk last April and started trading on Nasdaq Copenhagen. The […]
Geneva Dry Dialogues: Seaber
The tech space in dry bulk is crowded, concedes Sebastian Sjöberg, the CEO and co-founder of Seaber, a predictive AI platform providing data-driven decision support for scheduling and chartering optimisation. It’s a point evidenced by the fact that more than a third of the 58 sponsors of this year’s Geneva Dry – including Seaber – […]
Pilot twins publish book on the art of ship handling
The phrase ‘the Beautiful Game’ is synonymous with football, but for American twin brothers Captain Grant Livingstone and Captain George Livingstone the words perfectly capture life at sea. Both brothers have spent decades working first as seafarers then as pilots, mastering the art of shiphandling, for which technical expertise meets instinct, experience and split-second decision […]
Winning buys its first cape of the year
Vintage cape sales are dominating S&P headlines. One Chinese company stands out in the segment: China’s Winning Shipping, the world’s largest bauxite shipping company. Sources tell Splash that the active outfit is currently in the market for more tonnage and has just purchased the 2007 Imabari-built, 180,000 dwt Cape Unity for just over $22 m—its […]
Top Japanese shipping brands collaborate to create tech research facility in Osaka
Top Japanese shipyards are collaborating to open a dedicated ship tech research facility at the University of Osaka. Imabari Shipbuilding, Japan Marine United along with ClassNK and MTI, the research arm of Nippon Yusen Kaisha (NYK) are joining forces to establish the Open Collaboration Laboratory for Enabling Advanced Marine Systems (OCEANS) at the Techno Alliance […]