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 […]
Singapore Overtakes Hong Kong to Rank 4th Among World’s Largest Ship Registries
The Singapore flag has benefited from large-scale vessel transfers by owners such as Seaspan and Pacific Basin, as shipowners move away from Hong Kong amid rising geopolitical uncertainty. A surge in tonnage flowing into the Singapore Registry of Ships (SRS) has propelled Singapore to become the world’s fourth-largest ship registry, driven largely by owners seeking […]