October 2025
Container ship owners and operators are extending a pattern of low recycling activity since 2021, as BIMCO estimates a recycling overhang of at least 500 vessels and 1.8 million twenty-foot equivalent units, or TEUS.
“So far this year, only 10 container ships have been recycled, said Niels Rasmussen, chief shipping analyst at BIMCO, a Danish shipping association for maritime.
The share of ships 20-years-old or older has increased from 16 percent at ...
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BIMCO, the Danish shipping association, has begun development of a clause specifically addressing the new fees introduced on Oct. 14 for U.S.-related ships calling at ports in China.
The Chinese Ministry of Transport said Oct. 10 that it would impose new “Special Port Fees” on ships arriving at Chinese ports if ...
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U.S. trucking activity decreased to its lowest level in three months September, pushing the level down to the lowest in three months, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index.
Truck freight tonnage declined 0.9 percent after gaining 0.9 percent in August and 1.1 percent in ...
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By Rebeca Grynspan
Following is the foreword for the Review of Maritime Transport 2025, written by Grynspan, secretary general of the United Nations Conference on Trade and Development (UNCTAD).
Not since the Suez Canal’s closure in 1967 has the industry witnessed such sustained disruption to the arteries of global commerce. Ships that ...
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The growing market in medical aesthetic products moving from South Korea to China is proving lucrative to the U-Freight Group.
One year after the company signed a strategic cooperation agreement with Shanghai Hongyu Supply Chain Management Co (HYSC) to develop logistics services for medical and healthcare manufacturing and shipping moving products ...
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By Chris Ugarte
The U.S. Supreme Court has agreed to take up a case that could settle conflicting court interpretations of who can be held liable in roadway-accident lawsuits against the transportation industry.
In Montgomery v. Caribe Transport II LLC, the plaintiff was injured along a highway when a Caribe tractor-trailer veered ...
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The U.S. State Department said it plans to penalize countries that approve and participate in the International Maritime Organization (IMO)’s plan to decarbonize shipping through a carbon fee.
The IMO assembled on Oct. 14 to discuss and potentially vote on its Net Zero Framework, or NZF, which would require ships to ...
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President Donald Trump formally implemented its U.S. trade agreement with the European Union on Sept. 24, confirming that a 15 percent duty rate for EU autos and auto parts began on Aug. 1 and listing tariff exemptions for generic pharmaceuticals, aircraft and aircraft parts.
The Commerce Department and the U.S. Trade ...
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Container shipping giant CMA CGM Group said it has ordered six advanced liquefied natural gas-powered containerships to be built at Cochin Shipyard Ltd. (CSL) India, the country’s leading shipyard, making the group the first major foreign carrier to commission LNG vessels from an Indian shipyard.
All six vessels will be registered ...
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China's transport ministry said U.S.-owned, operated, flagged and built vessels are to be assessed additional port fees per voyage starting on Oct. 14, Reuters reported.
The port fees are a countermeasure against upcoming U.S. port fees on Chinese ships, the ministry said.
The move follows U.S. President Donald Trump statement Oct. 10 ...
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