American Shipper

World’s second largest container fleet continues push with ultra-large container ships.

The Trump administration takes aim at financial assets of Turkish government agencies and officials linked to military strikes in Syria, but Congress may legislate broader sanctions in the days ahead.

European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.

Although Super Typhoon Hagibis has caused catastrophic floods, mudslides and at least 68 tragic deaths in Japan, FreightWaves understands from local sources that Tokyo’s critical freight infrastructure – seaports and airports – are undamaged. Japan’s wider logistics network is suffering from a miscellany of damage such as flooding.

The announcement by President Donald Trump not to increase tariffs on $250 billion in Chinese imports to the U.S. and boost U.S. agriculture exports did not address other structural issues.

Headlines may proclaim “$300,000 per day” but most crude tankers are not making anything close to that.

Market Voice Darren Prokop writes about automation at ports and the progress – and disruption – that will bring.

Petitions must be filed to the U.S. International Trade Commission by no later than Dec. 10 to be considered for inclusion in the next miscellaneous tariff bill.

NCBFAA generally supports Customs and Border Protection’s goal to protect against illicit importers but said the agency’s proposed importer verification rule has “grossly miscalculated the cost” to customs brokers.

Maersk subsidiary looks to fix congestion that had been widely cited in 2018 front-loading.

Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.

An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.

“Finally, a ray of hope for the U.S.-China trade relationship,” said Myron Brilliant, U.S. Chamber of Commerce’s head of international affairs.

The Graham-Van Hollen sanctions bill would cut off Turkey from U.S. military equipment and parts, as well as target foreign support of the country’s oil and gas production used by its armed forces.

VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.

Port of Los Angeles container volumes dipped in September and its executive director called for a negotiated settlement of the U.S.-China trade ware.