March 25, 2025
March 22, 2026
March 25, 2025
China’s Container Crisis: Falling Rates and Cooling Demand Concern Traders & Lessors
HAMBURG : China’s container logistics businesses face mounting pressure as declining container prices and leasing rates caused by weak cargo demand strain the industry. The market is experiencing growing inventory glut, making it harder
March 25, 2025
ClassNK appoints new President & CEO and Executive Vice President
TOKYO : Current Senior Vice President Hayato Suga has been appointed as President & CEO as well as Representative Director of ClassNK and current Corporate Officer Fumihiko Higashi has been appointed as Executive Vice
March 25, 2025
Rising rates across all segments push Baltic Index to one-week peak
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight Index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Monday, helped by gains across all vessel segments. The
March 25, 2025
Will port fee proposals reshape US dry bulk imports and export trades?
LONDON : Cargo movements into and out of the United States could be re-shaped by proposals to levy fees on port calls by Chinese built or operated vessels, as well as potential sanctions based
March 24, 2025
DP World announces major expansion to increase global capacity by 5.4 Million Teus in 2025
DUBAI : DP World has unveiled plans to enhance its global container handling capacity by approximately 5.4 million twenty-foot equivalent units (TEUs) throughout 2025. This expansion aims to accommodate growing demand in key international
March 24, 2025
Hong Kong based CK Hutchison Holdings’ sale of Panama Ports to U.S. investors sparks criticism in China
HONG KONG : The controversy surrounding the deal by CK Hutchison, founded by Hong Kong billionaire Li Ka-shing, to sell its ports operations on both ends of the Panama Canal to American investment giant BlackRock keeps
March 24, 2025
US Tariffs on Chinese built ships and fleets
LONDON : The Club has been receiving enquiries and requests for draft charter clauses from members about the proposed U.S. ‘Make Shipbuilding Great Again’ Order and potential imposition of port charges/tariffs on Chinese built/operated
March 24, 2025
Advice for BIMCO members in relation to proposed US trade action
LONDON : On 21 February, The Office of the United States Trade Representative (USTR) announced it was inviting comments from the public in respect of its “Section 301 Investigation of China’s Targeting of the
March 22, 2025