Russia’s oil exports rose to a five-month high while US-initiated talks aimed at achieving a ceasefire in the Ukraine conflict drag on.
https://gcaptain.com/russian-crude-flows-hit-five-month-high-while-peace-talks-drag/
Russia’s oil exports rose to a five-month high while US-initiated talks aimed at achieving a ceasefire in the Ukraine conflict drag on.
https://gcaptain.com/russian-crude-flows-hit-five-month-high-while-peace-talks-drag/
US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US.
https://gcaptain.com/shippers-steelmakers-spar-over-trump-levies-for-chinese-vessels/
The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese vessels. Industry and maritime executives are expected to detail the adverse effect the levy would have on the U.S. economy and global trade as a whole.
Danish A.P. Moller – Maersk and the Port Authority of New York and New Jersey (PANYNJ) will continue their long-lasting partnership well into the second half of the 21st century. The two companies agreed to extend the lease of the APM Terminals Elizabeth’s lease by 33 years through December 2062....
https://gcaptain.com/maersk-and-port-of-new-york-and-new-jersey-agree-on-33-year-lease-extension/
Ruling party wants to create special economic zone to pave the way for project to connect Indian and Pacific Oceans
By Anuchit Nguyen Mar 22, 2025 (Bloomberg) –Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar…
https://gcaptain.com/thailand-drafts-law-to-speed-up-29-billion-transport-link/
Industry bodies asked to draw up new guidelines for port workers after 2022 tragedy
CK Hutchison Holdings Ltd. warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong conglomerate reported weaker-than-expected profit while a ports sale plan faces uncertainty after infuriating Beijing.
https://gcaptain.com/ck-hutchison-flags-political-risk-as-port-deal-upsets-china/
Key executives say shipowning is just part of the wider Maersk picture
Hong Kong-based conglomerate CK Hutchison is facing intense criticism from Beijing over its ports sale to a BlackRock-led consortium, fueling speculation as to whether China could take steps to scupper the deal.
https://gcaptain.com/what-levers-do-china-and-hong-kong-have-over-ck-hutchisons-port-deal/