China Merchants cashes in on elderly ro-ro amid ‘explosive’ car exports
Chinese giant lands $42m for 26-year-old vessel valued at less than one-third of sale price
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August 2026
Ukraine Offers Russia Truce in Black Sea
Ukraine has sent Russia an offer suggesting they both halt attacks on civilian targets in the Black Sea, a source said, after mounting strikes on vessels and ports there raised fears over global food supplies.The offer to suspend attacks was transmitte…
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Revised Jones Act Waiver Takes Effect August 17
U.S. Customs and Border Protection said on Thursday the Department of Homeland Security has approved a second 90-day extension of a Jones Act waiver first issued on March 17, 2026, allowing certain covered cargoes to continue moving on foreign-flagged …
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Port of Los Angeles Increases Clean Ship Incentives
The Los Angeles Harbor Commission has approved an addendum to further accelerate clean air technologies and incentives as part of the Port of Los Angeles’ 2025 clean air Cooperative Agreement with the South Coast Air Quality Management District…
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Shipping Risks Repeating Stranded Asset Mistakes
Shipping lenders and investors risk repeating the mistakes made by Europe’s electricity utilities and their financiers a decade ago, and the financial fallout could reach far beyond individual shipowners to lenders, investors, cargo owners and other su…
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