Tag: China

Shipping executives report a surge in volumes that will likely drive up rates, following a trade deal with China that has helped ease tensions with the U.S. However, uncertainty remains high, and when shipping is affected by uncertainty, it often results in increased costs.

Mitsui O.S.K. Lines, Ltd. (MOL) has announced the order of a new LNG-fueled very large crude carrier (VLCC) under a long-term charter agreement with Idemitsu Tanker Co., Ltd.

On May 21, 2025, China Merchants Heavy Industry successfully launched the world’s first methanol dual-fuel car carrier with a capacity of 9,300 CEUs at its Nantong shipyard.

Sea-Intelligence explores the shifting dynamics of Transpacific shipping capacity in response to a surprise U.S.–China tariff pause.

Skuld provided recommendations for fish farms in Lanshan, China, aimed at reducing the risk of incidents & enhancing navigational safety.

The World Shipping Council (WSC) has written a letter to the United States Trade Representative (USTR) expressing deep concern with the vehicle carrier remedies that will negatively impact the US exports. 

According to Anadolu Ajansi, commercial vessel traffic between China and the US dropped by 27% in April 2025 due to escalating tariff tensions. 

The U.S. and China have agreed to temporarily lower tariffs on each other’s products in a bid to ease trade tensions and create space for further negotiations over the next three months.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, looks at grain shipments from Brazil which have seen a boost since the beginning of the year as China seeks alternatives to shipments from the US due to tariffs.

The Swedish Club has provided further guidance regarding the implementation of the U.S. Trade Representative (USTR) service fee framework for Chinese-built vessels calling at U.S. ports.