Port fees skyrocket amidst US-China trade tensions

Port fees skyrocket amidst US-China trade tensions
According to the BBC and many other publications US-China trade tensions back as port fees take effect. The BBC says, “ The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s two biggest economies...
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Second Hand Ships Market Heating Up

Second Hand Ships Market Heating Up
The second-hand ship market has seen many new deals over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, the Panamax NAVIOS HELIOS 77,000 dwt 2005 Namura built was reported sold to Hong Kong interests at $8.25 mln....
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Gard delivers strong half-year result in shifting tides

Gard delivers strong half-year result in shifting tides
The group’s half-year results for the period 1 January 2025 to 30 June 2025, on an Estimated Total Call (ETC)* basis, were as follows: A result of USD 102 million A Combined Ratio Net (CRN) of 117% A technical loss of USD 88 million (ETC basis) A non-technical profit...
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