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Beijing blacklists Hanwha Ocean subsidiaries amid rising US-China maritime tensions

Beijing has launched investigations into entities accused of aiding US restrictions on China’s maritime industry, warning of possible retaliatory measures Five US subsidiaries of South...

U.S. threatens global shipping over new carbon tax

Calling it a “European-led neocolonial export of global climate regulations,” the Trump administration has threatened new measures against nations that vote for mandatory greenhouse...

China Blacklists Hanwha’s Subsidiaries, Tensions High in Shipbuilding Industries

Following this announcement, Hanwha Ocean’s shares plunged as much as 9 percent, closed 5.8 percent lower at 103,100 won, equivalent to USD 72.28, and...

CMA CGM turns to India for six feeder newbuilds

France’s CMA CGM has signed a letter of intent with Cochin Shipyard Ltd (CSL) to build six LNG-powered feeder containerships, marking the first-ever order...

Oil falls as US-China trade tensions rattle nerves

Oil prices reversed early gains and fell on Tuesday amid uncertainty about trade tensions between the U.S. and China, the world’s top two economies,...

China’s September soybean imports reach near-record as US trade war drags on

China’s soybean imports in September reached the second-highest level on record, a Reuters calculation of customs data released on Monday showed, driven by strong...

China imposes countermeasures on five US subsidiaries of Hanwha Ocean

China has issued countermeasures against five US subsidiaries of South Korean shipbuilding conglomerate Hanwha Ocean, amid ongoing tensions over port fees and tariffs The Chinese...

Russia Unveils Plans for First Domestically-Built LNG Carrier to Overcome Sanctions

In a significant move amid Western sanctions, Russia’s United Shipbuilding Corporation (USC) has announced plans to construct the country’s first ice-class liquefied natural gas...

CMA CGM adds Gothenburg to its Asia–Europe service

For the first time, APM Terminals Gothenburg will receive three weekly mainliner calls to Asia, the company said in a statement. The new service, launched...

China sanctions five U.S. subsidiaries of Hanwha Ocean over shipbuilding dispute

China’s Ministry of Commerce (MOFCOM) has imposed sanctions on five U.S.-registered subsidiaries of South Korea’s Hanwha Ocean, prohibiting “transactions, cooperation or related activities” with...
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