ocean shipping News Updates

GovernmentBusinessLogistics

Car Shipper Hoegh Drops on Weaker Trade and Port Fee Warning

U.S. port fees on China-built vessels are due to commence Oct. 14.

October 7, 2025
BusinessLogistics

Mario Cordero to Retire as Long Beach Port CEO at Year’s End

Mario Cordero, who has served as CEO since May 2017 and oversees about 600 workers, has guided  one of the busiest seaports in the nation through an era of record-breaking container volume.

October 3, 2025
GovernmentBusinessLogistics

House Committee Approves Ocean Shipping Bill

The legislation, which builds on programs in the Ocean Shipping Reform Act, specifically targets certain operations that have been determined to be linked to Chinese firms.

September 30, 2025
GovernmentBusinessFuelLogistics

Shippers Warn IMO Net-Zero Plan Could Cost $300B by 2035

The IMO has set a goal of net zero for shipping by midcentury and next month aims to formally adopt a plan that would see ships pay levies for at least some of their emissions.

September 19, 2025
BusinessTechnologyEquipmentSafetyLogisticsGlobal Freight

EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire

A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was carrying about 3,000 vehicles, of which about 800 were EVs.

June 24, 2025
GovernmentBusinessSafetyFuelGlobal Freight

Oil Tanker Market Roiled by Israeli Airstrikes Against Iran

Israel’s airstrikes on Iran drove up freight rates and tanker stocks June 13 as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.

June 13, 2025
BusinessEquipmentSafetyFuelLogisticsGlobal Freight

EV-Carrying Ship Still on Fire Days After Blaze, Images Show

The fire on board the Morning Midas vessel continues to burn, its manager said June 10, after breaking out on June 3 on a deck carrying electric vehicles.

June 10, 2025
BusinessEquipmentSafetyFuelLogisticsGlobal Freight

Ship Carrying EVs Abandoned in Pacific After Catching Fire

A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.

June 4, 2025
GovernmentBusinessLogistics

Chinese Imports Expected to Surge Amid 90-Day Tariff Pause

President Donald Trump’s deal to lower tariffs against China for 90 days is expected to spur a surge of pent-up cargo and further market volatility, according to experts.

May 22, 2025
GovernmentBusinessLogistics

It’s ‘Crunch Time’ for US Importers Facing Tariff Deadlines

U.S. businesses are under pressure to import goods while higher tariffs are on pause, and they’re simultaneously navigating complex filing rules when their cargo crosses the border.

May 22, 2025