ShippingWatch

2 weeks ago | shippingwatch.com | Shirley Zhao |Dong Cao |Manuel Baigorri

Cosco Shipping Group is one of the companies engaged in talks to establish a multinational consortium aiming to buy the global ports of Hong Kong billionaire Li Ka-shing.

1 month ago | shippingwatch.com | Jennifer A. Dlouhy

After a phone call with EU Commission President Ursula von der Leyen, US President Donald Trump says he will push the deadline for the EU to face the prospect of 50% tariffs. By Jennifer A. Dlouhy, bloomberg newsPresident Donald Trump said he would extend the deadline for the European Union to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen.

1 month ago | shippingwatch.com | Laura Curtis

“Fewer containers mean less work on the waterfront,” says Gene Seroka, CEO of the Port of Los Angeles, which reports a 30% decline in inbound shipments. By Laura Curtis, bloomberg newsInbound shipments to the Port of Los Angeles — the busiest container hub in the US — dropped as much as 30% in early May as President Donald Trump’s tariffs discourage trade.

1 month ago | shippingwatch.com | Jens M. Thomsen |Liv Almer

Maersk has become more flexible, allowing the company to quickly reroute its ships. This paid off in the first quarter, according to Vincent Clerc. BY JENS THOMSEN, LIV ALMERWhile Maersk’s CEO is confident about the container shipping company’s earnings for the rest of the year, the group’s customers are hit differently by the US trade war, which is particularly aimed at China.

1 month ago | shippingwatch.com | Jens M. Thomsen |Liv Almer

If Trump’s deal with the Houthi militia is anything to go by, a reopening of the Suez Canal could trigger serious overcapacity in the container market, analysts predict. by JENS THOMSEN, LIV ALMERThe good times in the container market continued into the first quarter of the year thanks to the crisis in the Red Sea and fears of the tariff war declared by US President Donald Trump against most of the world.