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Trump’s ‘Liberation Day’ Tariffs Spark Global Shipping Industry Concerns
Shipping
April 3, 2025
From 
Mike Schuler
 via 
gCaptain

Trump’s ‘Liberation Day’ Tariffs Spark Global Shipping Industry Concerns

President Trump’s newly announced tariff increases are expected to significantly impact global shipping patterns and container rates, with industry leaders warning of far-reaching consequences for maritime trade. The tariffs, announced...
Global Trade Braces for Impact After Trump’s Tariff Bombshell
Shipping
April 3, 2025
From 
Reuters
 via 
gCaptain

Global Trade Braces for Impact After Trump’s Tariff Bombshell

President Donald Trump's sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Could Panama Throw a New Wrench Into BlackRock’s Ports Deal?
Shipping
April 3, 2025
From 
Reuters
 via 
gCaptain

Could Panama Throw a New Wrench Into BlackRock’s Ports Deal?

BlackRock could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the Central American country releases an audit on a 25-year concession granted to Hong Kong-based CK Hutchison.
Tiny Australian Outposts, Including Some With No People, Targeted by Trump Tariffs
Shipping
April 3, 2025
From 
Malte Humpert
 via 
gCaptain

Tiny Australian Outposts, Including Some With No People, Targeted by Trump Tariffs

Australia’s remote, uninhabited islands in the Antarctic and a tiny territory with barely any exports found themselves caught up alongside global heavyweights in U.S. President Donald Trump's sweeping tariff regime, leaving locals and officials baffled.
Oil Traders Shun China-Made Ships for US Flows on Trump Levies
Shipping
April 3, 2025
From 
Bloomberg
 via 
gCaptain

Oil Traders Shun China-Made Ships for US Flows on Trump Levies

Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
Trump Drops Tariff Bomb On All U.S. Imports and Higher Reciprocal Rates
Shipping
April 2, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Drops Tariff Bomb On All U.S. Imports and Higher Reciprocal Rates

President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, in a move that ratchets up a trade war that he kicked off on his return to the White House.
OFAC Targets Russia-Houthi Grain Smuggling Ship
Shipping
April 2, 2025
From 
Mike Schuler
 via 
gCaptain

OFAC Targets Russia-Houthi Grain Smuggling Ship

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has designated multiple entities and individuals involved in a maritime smuggling operation that transported stolen Ukrainian grain and weapons from Russia...
Maersk Family Bids $1.3 Billion to Reclaim Full Control of Svitzer
Shipping
April 2, 2025
From 
Bloomberg
 via 
gCaptain

Maersk Family Bids $1.3 Billion to Reclaim Full Control of Svitzer

The Maersk billionaire family offered to buy Svitzer Group A/S in a deal valuing the tug operator at about 9 billion kroner ($1.3 billion), just one year after it had listed on the stock market.
Shippers Caught in the Crossfire of Trump’s ‘Liberation Day’ Tariff Blitz
Shipping
April 2, 2025
From 
Mike Schuler
 via 
gCaptain

Shippers Caught in the Crossfire of Trump’s ‘Liberation Day’ Tariff Blitz

Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though experts predict limited immediate impact on near-term liner freight rates....
Trump to Impose Sweeping ‘Liberation Day’ Tariffs, Escalating Global Trade Tensions
Shipping
April 2, 2025
From 
Reuters
 via 
gCaptain

Trump to Impose Sweeping ‘Liberation Day’ Tariffs, Escalating Global Trade Tensions

WASHINGTON/DUBLIN, April 2 (Reuters) – President Donald Trump proclaimed “Liberation Day” in the United States on Wednesday as he prepared to impose sweeping new tariffs that would escalate a trade war with global partners, increase prices...
Shipping Firm Maersk Expects Continued US Growth But Warns of Rising Uncertainty
Shipping
April 2, 2025
From 
Reuters
 via 
gCaptain

Shipping Firm Maersk Expects Continued US Growth But Warns of Rising Uncertainty

By Stine Jacobsen COPENHAGEN, April 2 (Reuters) – Danish shipping company Maersk has benefited from robust U.S. demand so far this year and expects that to continue, though the outlook could be clouded by U.S....
Genco CEO Says Trump’s China Ship Fees Will Hammer Farmers, Not China
Shipping
April 1, 2025
From 
Mike Schuler
 via 
gCaptain

Genco CEO Says Trump’s China Ship Fees Will Hammer Farmers, Not China

The largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place.