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The U.S. Trade Representative (USTR) has proposed imposing significant port fees on Chinese-built vessels, a move that could disrupt global trade and increase shipping costs. The proposal, part of a Section 301 investigation, aims to counter China’s dominance in the shipbuilding industry, which has surged to over 60% of the global market share. The USTR accuses China of unfair practices, […]
The growth in cargo owners’ willingness to pay (WTP) a premium for green shipping is slowing in a market that remains largely unregulated and reliant on voluntary actions. As a result, the previous momentum toward zero-carbon shipping is stagnating. The remaining strong interest in green shipping is driven primarily by European customers, especially those with high value to volume cargo […]
North American port activity surged in 2024, with container volumes rising 11.2% to 61.3 million TEUs across the top 15 ports, marking the third busiest year on record. For 2025, shippers will continue short-term strategies like front-loading as trade policy volatility persists All ports saw volume gains except for Baltimore and Montreal. Growth was strongest in Los Angeles and Long […]
An improved policy on loss prevention is one of the objectives NNPC has decided to aim for. This includes providing better information to members about specific loss prevention topics in order to avoid claims. The reinsurers with whom NNPC has a close working relationship have published a great deal of information on loss prevention that is also relevant to NNPC […]
This report focuses on ship-source pollution. EU rules addressing ship-source pollution are improving, but that implementation and enforcement had weaknesses and that data is still insufficient to measure results. At a global level, the United Nations, through the International Maritime Organization, have developed conventions for the safety of ships and the prevention of pollution. The EU has adopted rules pursuing […]
South Africa has been identified as a country with high potential to become a future supplier of green shipping fuels to the global fleet. This report presents the outcomes of the World Bank engagement, putting South Africa’s opportunity to become a leading supplier of green marine fuels in the national and global context. As a major exporter of mining products, […]
With some 3 million 20-foot-equivalent units (TEU) in new capacity poised to come online in 2024, after 3 years of controlled capital spending, carriers went into the year anticipating a reversion to the chronic overcapacity that has long weighed on the industry’s profitability. Geopolitical conflict and trade tend to follow each other. Revamped shipping alliances and sharply divergent strategies arrive […]
This report provides a comprehensive review of domestic ship types in the African and Caribbean regions and technologies and operational strategies aimed at decarbonization of domestic shipping, with a particular focus on assessing and tailoring these measures for implementation in the African and Caribbean region SIDS and LDCs. As the transition to zero-emission shipping progresses, the role of ports has […]
Tariff wars, fluctuating freight rates, and oversupply concerns make long term contracts risky. Peter Sand, Chief Analyst, Xeneta: “Uncertainty is toxic for trade… flexibility and real-time insights are more critical than ever.” With shifting regulations and unpredictable tariffs, long-term contracts could lock businesses into unfavorable conditions if policies change unexpectedly. Trade dynamics are changing overnight, and companies that commit too […]
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