Trump’s tariffs lead CMA CGM to take ‘prudent’ stance on 2025 after adding $2bn in annual profits
Liner giant logs $1.53bn in net income in fourth quarter alone
February 2025
US Sanctions on China-built Ships Would Be a Major “Headache” for the Maritime Industry
Almost half of the world’s trading dry bulk fleet was built in China, while an additional 66.4% of the orderbook is currently under construction in China. Additionally, more than 60% of the tanker fleet was also built in China, which would create a maj…
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Tanker Weekly Market Monitor: Russian Oil Flows
Before the Ukraine war, Russia had a diverse oil export market, supplying crude to Europe, China, and other regions without major restrictions. However, Western sanctions in response to Russia’s invasion of Ukraine in 2022 reshaped global oil trade dyn…
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China’s maritime dominance in US crosshairs
The US government is intensifying its focus on China’s economic practices, with a new investigation targeting China’s dominance in maritime logistics and shipbuilding. The move, which could result in significant fines and unprecedented rest…
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Capesize spot rates rise to near three-month highs
Market bolstered by continued activity out of Australia
Capesize spot rates rise to near three-month highs Read More »