The US and China have introduced reciprocal port fees targeting vessels linked to each other’s countries, marking a novel use of port fees as geopolitical tools akin to tariffs. These fees, effective from October 14, 2025, are based on vessel ownership…
The US and China port fees: a comparison Read More »
US crude oil exports have retreated so far in 2025. In its latest weekly report, shipbroker Banchero Costa said that “after a modest upturn in 2024, when global crude oil loadings increased by +0.8% y-o-y, things got quieter in 2025. In Jan-Sep 2025, g…
Tanker Market: US Crude Oil Exports Down in 2025 Read More »
As of October 14, 2025, the U.S. and China have implemented reciprocal port fees targeting vessels associated with the opposing nation. These fees are levied on a per-net-ton basis, determined by a vessel’s identity, specifically its ownership, operati…
Tanker Trade in Turbulence: Beijing Strikes Back with Port Fee Policy Read More »
The path to net-zero emissions for the global shipping sector hit a significant roadblock last Friday, as a scheduled Extraordinary Session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC/ES.2) concluded…
Decarbonisation in doubt? Read More »
The seaborne crude oil trade routes are constantly evolving and China is at the center of things. In its latest report, shipbroker Xclusiv said that “analysing trade flow data from Signal Ocean Platform, it is noted that year to date, China imported ap…
Tankers: China’s Crude Import Policy and Strategy Read More »