Tag - shipping

 
 

SHIPPING

Australia is looking to regain control of the Port of Darwin from Landbridge Group, a Chinese company, without jeopardizing improved relations with Beijing.
ASIA PACIFIC / Politics
May 29, 2025
With Port of Darwin, Australia hopes to avoid a repeat of Panama Canal
Canberra is looking to regain control of the port from a Chinese company without jeopardizing improved relations with Beijing.
The container terminal at Bremerhaven port in Bremerhaven, Germany, on April 22
BUSINESS
May 26, 2025
Europe’s shipping bottlenecks expected to persist into July
“Port delays are stretching transit times, disrupting inventory planning and pushing shippers to carry extra stock,” said maritime consultancy Drewry.
Mitsui O.S.K. Lines President and CEO Takeshi Hashimoto speaks during an interview in Tokyo in April.
BUSINESS
May 23, 2025
Japanese gas tanker giant sees difficulty buying Chinese vessels
Washington has issued a flurry of measures since President Donald Trump took office aimed at curbing China’s maritime dominance and reviving its own flagging shipbuilding industry.
Mitsui OSK Lines' owned and managed North Moon, North Ocean and North Light LNG vessels have been included in a new sanctions package targeting Russia's shadow fleet.
BUSINESS / Companies
May 21, 2025
Mitsui OSK assessing EU sanction impact on its LNG vessels
MOL’s owned and managed North Moon, North Ocean and North Light LNG vessels were included in a new sanctions package.
A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025
China tariff relief spurs shipping rush and price hike U-turns
The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
According to earnings reports released by Thursday, net profit is forecast to fall 47.7% to ¥250 billion at Nippon Yusen K.K., 60% to ¥170 billion at Mitsui O.S.K. Lines and 67.3% to ¥100 billion at Kawasaki Kisen Kaisha.
BUSINESS / Companies
May 9, 2025
Three major Japan shipping firms expect sharp falls in profit
The companies are projecting a drop in the transport of autos and other goods due to U.S. tariff measures.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Container ships at the Port of Los Angeles on April 7. U.S. President Donald Trump has long argued that China’s dominant role in the maritime industry has made the U.S. overly dependent on the Asian nation.
BUSINESS
Apr 18, 2025
Trump moves to levy Chinese vessels in trade war shakeup
The proposal follows a monthslong investigation ordered by the Biden administration into whether Chinese shipbuilding threatens U.S. national security.
Cargo ships are loaded with containers at the port of Bangkok on April 3.
WORLD / Politics
Apr 10, 2025
U.S. exits carbon talks on shipping and urges others to follow
A State Department spokesperson confirmed that Washington would not be “engaging in negotiations” at the U.N.’s International Maritime Organization.
U.S. Secretary of Defense Pete Hegseth (left) talks with Panama Canal Authority Administrator Ricaurte Vasquez during a tour of the Miraflores locks, in Panama City, Panama, on Tuesday.
WORLD / Politics
Apr 9, 2025
U.S. will not let China disrupt Panama Canal: Pentagon chief
U.S. Defense Secretary Pete Hegseth said the U.S. and Panama together would “take back the Panama Canal from China’s influence” and keep it open to all nations.
A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, on April 2.
BUSINESS / Markets
Apr 9, 2025
Trump optimistic after call about tariffs with South Korea
South Korea’s trade minister is traveling to Washington to meet U.S. Trade Representative Jamieson Greer for tariff negotiations.
Workers build an expanded breakwater at San Antonio Port in Chile on March 13.
ENVIRONMENT
Apr 5, 2025
Rising seas test defenses of South American ports
The state-run port, which handles 1.7 million containers annually, is frequently lashed by swells several meters high as climate change wreaks havoc.
Chinese officials have shared articles on social media accusing Hong Kong billionaire Li Ka-shing's (center) CK Hutchison Holdings of acting "in concert with U.S. hegemony” over its $22.8 billion sale of 43 ports around the world, including two in the Panama Canal.
BUSINESS / Companies
Apr 1, 2025
Xi showdown with Li Ka-shing threatens China’s pro-business push
Derailing the deal could give credence to claims that CK Hutchison is ultimately controlled by Beijing — a perception with implications for private Chinese firms worldwide.
Hong Kong billionaire Li Ka-shing's CK Hutchison has entered into a deal with a BlackRock-led consortium to sell ports in Panama and elsewhere, putting his conglomerate’s flagship entity in the crosshairs of U.S.-China tensions.
BUSINESS / Companies
Mar 27, 2025
China pauses new deals with Li Ka-Shing family after Panama ports plan
The directive was issued to state-owned enterprises last week at the behest of senior Chinese officials.
Workers at the Cosco Shipping Holding shipyard in Qidong, Jiangsu province, China, on Oct. 8, 2024
BUSINESS / Economy
Mar 24, 2025
Billion-dollar U.S. levies on Chinese ships risk ‘trade apocalypse’
The levies could theoretically generate between $40 billion and $52 billion for U.S. coffers.
A U.S. Navy ship fires missiles at an undisclosed location, after President Donald Trump launched military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, in this screen shot.
WORLD
Mar 16, 2025
Trump launches large-scale strikes against Yemen’s Houthis
The strikes — which could last days and maybe weeks — are the biggest U.S. military operation in the Middle East since Trump took office in January.
Smoke rises from the MV Solong cargo ship on Tuesday, the day after it collided with the MV Stena Immaculate tanker in the North Sea, off the coast of Withernsea, east of England.
WORLD / Crime & Legal
Mar 12, 2025
U.K. arrests cargo ship captain for manslaughter over North Sea crash
The 59-year-old captain was arrested on suspicion of gross negligence manslaughter in connection with the collision involving a tanker chartered by the U.S. military.
Smoke and flames rise from a collision between an oil tanker carrying fuel for the U.S. military and a cargo ship off the northeastern coast of England on Monday.
WORLD
Mar 11, 2025
Tanker hired by U.S. military ablaze off U.K. after hit by container ship
There has been no indication of any malicious activity or other actors involved in the incident, security sources say.
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock-backed consortium on Tuesday.
BUSINESS / Companies
Mar 5, 2025
BlackRock to buy Hong Kong firm’s Panama Canal port stake amid pressure
The $22.8 billion deal, coming amid pressure from the White House, will give the BlackRock-backed group control of ports along the strategic waterway and dozens of others.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May

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