News Flash | Sea and Job

Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn

A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10% hike on tariffs from China in addition to massive increases in ocean container freight rates due to conflict in the Red Sea. Latest data from Xeneta – the ocean and...

Baltic index extends gain as panamax, supramax rates firm

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the third consecutive session on Tuesday, supported by gains in panamax and supramax vessel segments. The index, which factors in...

CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports

CORE POWER (US) Inc has enlisted naval architecture and marine engineering firm Glosten to help their team design a floating nuclear power plant (FNPP) to power ports in the United States. Created by CORE POWER, the FNPP concept is a nearshore infrastructure system...

Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance

The Republic will serve as a key hub in a new ocean network formed under an alliance between two major container shipping lines. Some 40 vessels transporting eastbound cargo, such as from Europe to Asia, are expected to call at the Singapore port each week under the...

Inland firm builds innovative green cargo ship sail

A manufacturing firm in landlocked Leicestershire is making waves in the shipping industry with a new green sail. Based in Melton Mowbray, KS Composites said it was “about as far away from the sea as you can get in the UK”. But for the past nine months, the firm has...

China navigates US tariff challenges, seeks cheap Canadian, Mexican crudes

China’s petroleum industry expects Beijing to be cautious about imposing countermeasures on energy imports from the US in response to Donald Trump’s additional10% tariff on Chinese goods while monitoring the market to capture opportunities to bring in more Canadian...

Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn

Baltic index extends gain as panamax, supramax rates firm

CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports

Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance

Inland firm builds innovative green cargo ship sail

China navigates US tariff challenges, seeks cheap Canadian, Mexican crudes

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