If Chinese-built containership fines take effect, ‘we’re out of business in U.S.,’ ocean carrier says

Niche ocean carrier Atlantic Container Line is warning the fines the U.S. government is considering hitting Chinese-built freight vessels with would force it to leave the United States and throw the global supply chain out of balance, potentially fueling freight rates not seen since Covid. “This...

https://www.hellenicshippingnews.com/if-chinese-built-containership-fines-take-effect-were-out-of-business-in-u-s-ocean-carrier-says/

France and Spain inflation data, ECB survey bolster case for rate cuts

Inflation in March came in far below forecasts in two of the euro zone’s largest economies, data showed on Friday, while consumer expectations for price growth remained muted, bolstering bets for another European Central Bank rate cut. The ECB has cut interest rates six times since June and markets...

https://www.hellenicshippingnews.com/france-and-spain-inflation-data-ecb-survey-bolster-case-for-rate-cuts/

World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage: GHG emissions reduced by up to 95%

The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up to approximately 95%. The vessel was completed by Nippon...

https://www.hellenicshippingnews.com/worlds-first-commercial-use-ammonia-fueled-tugboat-completes-three-month-demonstration-voyage-ghg-emissions-reduced-by-up-to-95/

Brazil’s soybean crop seen at record 172.1 mln T after Agroconsult crop tour

Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after a nationwide crop tour of 13 states that began in January. The new estimate is higher than the 171.3 million tons seen on...

https://www.hellenicshippingnews.com/brazils-soybean-crop-seen-at-record-172-1-mln-t-after-agroconsult-crop-tour/

IMO policy progress in April 2025 to influence vessel strategic fuel choices

The maritime industry is at a critical juncture with clarity expected from the international regulator that will influence long-term energy transition decision-making. Ricardo’s total cost of ownership modelling can assist vessel owners with their strategic fuel choices. Within the EU, there is...

https://www.hellenicshippingnews.com/imo-policy-progress-in-april-2025-to-influence-vessel-strategic-fuel-choices/