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1 month ago | 
shippingwatch.com | Kit Lindhardt
With the US imposing sky-high tariffs on Chinese goods, global trade patterns have shifted and this is reflected in the freight rates, reports Xeneta. Donald Trump’s tariff war with 145% tariffs on goods from China is creating significant differences in container freight prices from Asian countries.
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1 month ago | 
shippingwatch.com | Kit Lindhardt
Ships sailing in EU waters without docking in a port must also present valid insurance documents, according to the European Commission. The EU is now tightening the rules on when ships must show valid insurance documents, so that in the future it also applies to ships in transit in EU waters, announces the European Commission in a statement.
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1 month ago | 
shippingwatch.com | Kit Lindhardt
The Red Sea crisis in particular forced ships to re-route south of Africa and caused greenhouse gas emissions to rise in 2024. Despite the shipping industry’s ambition to reduce greenhouse gas emissions from ships, it took a turn for the worse last year.
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1 month ago | 
shippingwatch.com | Kit Lindhardt
The coating maker halted its Russian activities in 2022 – a decision that will remain in force, says chief exec Michael Hansen. Even if a peace agreement is reached between Russia and Ukraine and the sanctions against Russia are eased, it will not make paint manufacturer Hempel return to the warring country, says Hempel CEO Michael Hansen to Danish business daily Børsen.
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1 month ago | 
shippingwatch.com | Kit Lindhardt
The cost of sending containers from China to the rest of the world has only risen 0.1% this week, following major increases in previous weeks. by KIT LINDHARDT, MARKETWIRE The price of containerized freight from Shanghai to several destinations around the world has risen for the third consecutive week, but the increase has leveled off somewhat.
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2 months ago | 
shippingwatch.com | Tomas Kristiansen |Kit Lindhardt
A container alliance of three Asian shipping lines has suspended a planned route to the US. Analysts are also seeing more canceled shipments from Asia. by TOMAS KRISTIANSEN, KIT LINDHARDTThe US tariff hammer has come down hard on imports of goods from China and other Asian countries, and the impact has now reached shipping directly.
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2 months ago | 
shippingwatch.com | Kit Lindhardt
After CMB.Tech bought a controlling stake in the company from John Fredriksen in March, a new top management is now in place. The Board of Directors of the large listed dry cargo carrier Golden Ocean has appointed a new top management team.
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2 months ago | 
shippingwatch.com | Kit Lindhardt
According to the Japanese shipping group, the acquisition will give NYK one of the world’s largest fleets of LPG tankers. Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) completed the acquisition of the shipping business of energy company Eneos for approximately USD 500m on Tuesday.
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2 months ago | 
shippingwatch.com | Kit Lindhardt
The ships are the first of up to 13 new container ships that the Taiwanese shipping company plans to order. Taiwanese container shipping company Yang Ming has purchased three container ships with dual fuel engines that can run on both regular fuel and the more climate-friendly fuel methanol, reads a press release from the company, which is the world’s 10th largest container shipping company, according to research firm Alphaliner.
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2 months ago | 
shippingwatch.com | Kit Lindhardt
Unlike the Gemini Cooperation, which has set a reliability target of 90% for its ships, there is no such goal at MSC, chief executive Søren Toft tells Børsen. The world’s largest container line, MSC, is working to make its ships more punctual, but “we haven’t set a specific target figure,” says chief executive Søren Toft in an interview with Børsen.
