AS_Missed_2019_09_A
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Maritime
Sanctions are cleaving the global shipping fleet in two
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
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American Shipper
Maritime History Notes: The China trade 1784 to today
For 235 years China and the U.S. have sought out each other’s markets by utilizing their fleets of merchant ships.
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Shipping
Port Report: Houston looks to start expansion efforts by 2021
Seventh busiest North American container port looks to add more infrastructure to handle larger ships.
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Shipping
Strengthening Typhoon Mitag threatens giant box terminals in Taiwan, China, South Korea, Japan
Northern Asia is again in the cross-hairs of an extreme weather event as Typhoon Mitag bears down on some of the busiest box ports in…
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American Shipper
Wrestling with demurrage fees from government cargo inspections
The U.S. Federal Maritime Commission does not expect easy answers to the question of how to fairly assess demurrage and detention when Customs and Border…
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American Shipper
US sanctions target Russian jet fuel carrier
The Treasury Department’s Office of Foreign Assets Control identified Moscow-based Maritime Assistance LLC as the head of a “sanctions evasion scheme” to deliver jet fuel…
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American Shipper
FMC splits World Shipping Council exemption petition
The Federal Maritime Commission approves the ocean container carrier organization’s petition to eliminate publication of essential terms but retains the requirement to file the actual…
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American Shipper
US sanctions two COSCO tanker operators for Iranian oil activity
The U.S. Office of Foreign Assets Control said the sanctions do not apply to parent company COSCO Shipping Corp. and other affiliates not involved in…
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Container
Further container rate weakness forecast for Q4
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are…
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Shippers Perspective
European shippers unprepared for no-deal ‘Brexit’ chaos
Trade lanes will come to a halt if the U.K. exits the EU on October. 31, believes the Secretary-General of the European Shippers Council.
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