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United States begins collecting additional port fees from vessels linked to China

/Reuters Agency The United States and China began on Tuesday, October 14th to apply additional port tariffs to shipping companies, turning international waters into...

China takes steps against US-linked units of S.Korea shipbuilder Hanwha

China has taken countermeasures against five U.S.-linked subsidiaries of South Korean shipbuilding firm Hanwha Ocean, the Chinese commerce ministry said on Tuesday. Organisations and individuals...

APM Terminals Gothenburg receives thrice-weekly calls to Asia

For the first time in history, APM Terminals Gothenburg will receive three weekly mainliner calls to Asia. The new service enables more frequent, reliable,...

JPMorgan Chase Launches $1.5 Trillion Security Initiative

JPMorgan Chase has unveiled a groundbreaking $1.5 trillion Security and Resiliency Initiative aimed at bolstering national economic security. The initiative includes substantial investments in...

Valaris secures $140m contract from bp for drilling in Egypt

US-based offshore drilling contractor Valaris has secured a contract from BP Exploration Delta, a subsidiary of bp, for its drill-ship Valaris DS-12.  The contract is...

Without stopping the orders of tankers for the Greek shipowners

The presence of Greek shipowners was intense for yet another week in the newbuilding market, with tankers having their share of the honors. Specifically,...

Chinese-built vessels exempt for US ship special port fees

China has announced the implementation measures for its port fees for US ships that come as a tit-for-tat measure against the USTR 301 port...

Shanghai copper rebounds as US-China trade tensions ease

Shanghai copper rebounded on Tuesday as fears of an escalation in U.S.-China trade tensions eased and investors refocused on mine disruptions and supply shortages. The...

India’s small steelmakers cut output as weak demand, falling prices bite

India’s small steelmakers are struggling with weak demand, rising inventories and falling prices, highlighting a construction slowdown despite New Delhi introducing its biggest consumer...

CMA CGM Adds Dual-Fuel Methanol Boxship to Its Fleet

French container shipping firm CMA CGM has taken delivery of its new dual-fuel methanol container ship. The vessel was named CMA CGM Helium in a...
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