SHIPPING: Most carriers will not add surcharges or service fees to offset USTR port charges
NEW YORK: New port charges from the US Trade Representative (USTR) for Chinese-built and China-based operators are set to take effect on 14 October, and several carriers have announced that they will not implement
China prepares legal grounds for shipping countermeasures against US port fees
BEIJING: China has amended a key maritime law to establish legal grounds for future countermeasures against what Beijing considers unfair treatment of Chinese ships or treaty violations by foreign governments that harm Chinese interests.
US could charge Chinese-owned ships up to $1.5 million per port call
LONDON : The office of the US Trade Representative (USTR) is accepting public comment on proposed actions against Chinese-owned ships after a Section 301 investigation determined China’s acts, policies and practices to be unreasonable
Chinese shipyard signs yuan-based deals for 12 vessels
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On Monday, the shipyard announced that it
Shanghai Port joins hands with Germany’s Port of Hamburg on building green shipping corridor
SHANGHAI : At the 2024 North Bund Forum held recently, China’s Shanghai Port and Germany’s Port of Hamburg vowed to work together on building a green shipping corridor, aiming to promote green transformation of
COSCO SHIPPING Lines secures TISAX Certification
SHANGHAI : COSCO SHIPPING Lines officially secured the TISAX (Trusted Information Security Assessment Exchange) certification, indicating that the company meets European Union (EU) automotive industry standards for information security risk control. The TISAX certification
COSCO switches 16,000 TEU quarter to run on methanol
SHANGHAI : COSCO Shipping Lines has announced that it will switch four 16,000 TEU newbuildings to be dually fuelled with methanol, from conventional fuel. The company said this is in line with its plan
World’s largest electric container ship starts regular service: ‘A new benchmark for the transformation for the shipping industry’
SHANGHAI : The global shipping industry is responsible for roughly 3% of all planet-overheating air pollution, as most container ships are massive vessels powered by burning dirty fuels. Now, the world’s largest battery-electric container ship, Greenwater