Global supply chain managers are having to contend with more blanked container sailings as the world’s top two economies show no sign of giving ground in an escalating trade war. China responded today to US president Donald Trump’s cumulative 145% tariffs, placing 125% tariffs on US products,...
https://splash247.com/uptick-in-blank-sailings-as-us-and-china-trade-tariff-blows/
Australia plans to scrap a Chinese company’s lease on Darwin port. The port concession in the far north of the country has become an election issue with both the government and the opposition vowing to buy back the port from its 99-year lease to Landbridge, a $370m deal that was signed 10 years...
https://splash247.com/chinese-operator-of-darwin-port-faces-the-boot/
The Panama Canal has authorised the opening of a bidding process for a new LPG pipeline that will free up slots on the busy interoceanic waterway. The pipeline is set to allow LPG vessels to discharge at one end of the canal, while other tankers can pick up the cargo at the other end. “This …
Aberdeen-based energy logistics group, ASCO, has won a three-year contract, with options, to provide base and logistics services for Repsol Norge in Tananger and Farsund, Norway. The deal, with an undisclosed value, covers a range of services, including warehouse management, cargo handling, waste...
Shipping stocks remain under severe pressure today as the world comes to terms with the immensity of Wednesday’s tariff announcements from US president Donald Trump. The average US tariff rate has now been set at just under 25%, levels not seen since the 1930s and the days of the Great Depression....
https://splash247.com/global-shipping-stifled-by-trumps-tariffs/
US president Donald Trump has slapped additional tariffs of 34% on imports from China, also hitting emerging manufacturing powerhouses like Vietnam and Cambodia hard, while targeting European Union imports with 20% tariffs, and adding a baseline of 10% on most goods imported to the US. As markets...
https://splash247.com/trump-ignites-global-trade-war-major-economies-vow-retaliation/
At a time when Panamanian transport infrastructure is making regular headlines, Maersk’s ports arm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City and the Lanco Group/Mi‑Jack for an unspecified sum. PCRC operates a 76 km single-line railway...
https://splash247.com/apm-terminals-acquires-the-panama-canal-railway-company/
Beijing has moved to prevent the sale of CK Hutchison’s ports division to BlackRock and Mediterranean Shipping Co (MSC), a transaction that was meant to have gone through tomorrow. The decision last month by the Li Ka-shing-controlled conglomerate to sell 80% of Hutchison Ports for $22.8bn in a...
https://splash247.com/beijing-looks-to-put-the-brakes-on-the-sale-of-hutchison-ports/
AP Moller-Maersk has reached an agreement with the Port Authority of New York and New Jersey to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029, the 33-year lease extension “paves the way for major infrastructure investments which will enhance capacity...
https://splash247.com/maersk-seals-33-year-lease-extension-at-port-of-ny-and-nj/
Fuente: x Un contenedor operado por MSC perdió parte de su carga en una tormenta mientras estaba en marcha en el Océano Atlántico frente a la costa de Portugal. El 4,432 TEU con bandera portuguesa MSC Houston V Estaba en camino de Pireo en Grecia a Liverpool cuando se encontraba con mares agitados...
https://fullavantenews.com/el-barco-msc-pierde-contenedores-en-tormenta-en-portugal/?lang=es