Middle East Producers Maintain Oil and LNG Shipments Despite Vessel Attacks
Maritime Traffic Remains Subdued Compared with Pre-Conflict Levels SINGAPORE – Middle East producers continue to load oil and liquefied natural gas (LNG) despite renewed ship attacks in the Strait of Hormuz and escalating tensions between the United States and Iran, according to shipping data. Energy shipping through the strategic waterway slowed after a container ship […]
US Imposes 15% Tariffs on Taiwan Auto Parts, Wood and Aircraft Components
Finalized Deal Centers on Section 232 Tariffs Under January Taiwan Framework Agreement Containers are pictured at the Port of Keelung in Taiwan on April 4, 2025. The latest agreement applies to selected Taiwanese auto parts, timber, lumber and related wood products, as well as certain aircraft components containing steel, aluminum or copper. (Annabelle Chih via […]
Shipping Market Updates from the Baltic Exchange
Capesize The week opened with muted momentum, as overall market sentiment remained flat and activity was uneven across regions. The Pacific basin emerged as the primary driver of liquidity, supported by steady miner participation and a consistent flow of coal and tender cargoes. However, freight rates stayed range-bound, with C5 trading within the high $12s […]
Some Chinese exporters are raising prices in response to increasing costs driven by the war.
Exporters have faced challenges due to volatility, making production planning and long-term pricing difficult. BEIJING – Some Chinese exporters are raising prices on a wide range of goods, from toys and yoga wear to medical catheters, as fuel shortages linked to the Iran war drive up raw material and production costs in the fourth week […]
PSA Antwerp Expands with Five New STS Cranes
PSA Antwerp’s modernisation programme takes a major step forward with the arrival of five new ship-to-shore (STS) cranes at Europa Terminal. These cranes are the largest STS cranes ever ordered for the Port of Antwerp and mark a significant milestone in preparing Europa Terminal for the next generation of ultra-large container ships. Each crane stands […]
MPA Issues Additional LNG Bunkering Licences to Support Growing Demand for Cleaner Marine Fuels
Singapore – The Maritime and Port Authority of Singapore (MPA) is inviting both existing and new applicants to apply for licences to supply liquefied natural gas (LNG) as a marine fuel at the Port of Singapore. Licensees will be required to establish comprehensive, end-to-end LNG bunkering supply arrangements, MPA said on Jan 14. These include […]