Logistics
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 ...
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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 ...
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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 ...
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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, ...
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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 ...
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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 ...
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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 ...
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Global merchandise trade outpaced first half 2025 expectations, driven by increased spending on AI-related products, a surge in North American imports ahead of tariff hikes, and strong trade among the rest of the world.
In response, the World Trade Organization economists raised the 2025 merchandise trade ...
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Trailer Bridge Inc. said Oct. 8 it has agreed to sell its logistics division – responsible for the company's domestic brokerage and intermodal moves – to ATS Logistics Services Inc. (ATSL), effective Nov. 1.
Trailer Bridge leadership said it is “a strategic decision by to realign ...
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