MSC CEO Says US Port Fees Could Drive Up Container Costs By 25%
The executive of the world's largest shipping firm told an audience at TPM25 that there would be "significant consequences" ...
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Liner operators scramble to trim capacity ahead of new Trump tariffs
Liner companies are already retrenching from the transpacific trade ahead of additional Trump tariffs. Falling freight rates ...
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T&T Salvage awarded contract for MSC Baltic III casualty
T&T Salvage will develop a recovery plan for the MSC Baltic III, the MSC Mediterranean Shipping Company representative has ...
US Fees on China Ships Risk a Surge in Costs, Top Carrier Warns
The head of the world’s biggest ocean carrier warned that proposed US fees on Chinese-built ships and the companies that own ...
CMA CGM: US Port Fees Would Have ‘Significant Effect on All Shipping Firms’
CFO Ramon Fernandez said there was no avoiding the potential impacts of a proposal for Chinese-built ships to pay up to $1.5 ...
Hazardous Cargo Secured From Ship Grounded on Canada’s East Coast
The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to the company ...
Trump trade threats compound global ocean shipping uncertainty
The global ocean shipping industry that handles 80% of world trade is navigating a sea of uncertainty as U.S. President ...
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Navigating Stormy Waters: Container Shipping Amid Global Trade Tensions
The global ocean shipping industry faces uncertainty due to geopolitical tensions and increased protectionism fueled by U.S. President Donald Trump's trade policies. This week's S&P Global TPM ...