Members of the International Maritime Organization — with the United States noticeably absent — agreed on the first global tax on greenhouse gas emissions.
April 11, 2025ocean shipping News Updates
US Exits Talks on Carbon Cutting Goal for Ships
The U.S. abandoned global talks aimed at cutting shipping’s carbon emissions and threatened to counter against any fees that the country’s merchant fleet incurs if the initiative proceeds.
April 9, 2025Ocean Shipping Industry Optimistic Going Into IMO Meeting
Governments from across the world gather in London this week to thrash out a landmark global carbon charge for the shipping industry. There’s optimism that Washington won’t derail the process.
April 7, 2025Maersk Buys Panama Canal Railway Despite Trump Threat
A.P. Moller-Maersk purchased a railway linking ports at both ends of the Panama Canal, undermining the U.S.'s presence along a trade route where Donald Trump is trying to elbow out competitors.
April 3, 2025US Levies on Chinese Ships Risk ‘Trade Apocalypse’
A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S. It's aimed at curbing China’s dominance of shipbuilding, logistics and maritime industry.
March 24, 2025Trump Proposes New Ship Fees to Challenge China
The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s maritime dominance.
February 24, 2025Shipping Giant MSC Says It Will Avoid Red Sea for Now
Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.
January 21, 2025Ocean Shipping Rates Start 2025 With a Spike
Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a threatened port strike.
January 7, 2025Canada Investigates Vietnamese Container Chassis Imports
The Canada Border Services Agency has launched an investigation into container chassis imported from Vietnam by British Columbia-based Ocean Trailer, a spokesman for the agency said.
December 5, 2024Ocean, Airfreight Volumes Falter in Rocky 2023
Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.
November 1, 2024