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Think Tank
Ocean Transportation: Page 34
U.S. Plans to Build Boat Repair Facility Near South China Sea
The planned facility will be used to repair and maintain several small Philippine military watercraft and will include two interior rooms for equipment storage or conference use.
China Sees Bump in Exports Ahead of August Tariff Deadline
China's exports to the U.S. also fell by 16%, although that was a marked improvement over the 34.5% dip recorded in May, when companies had largely paused orders out of China altogether.
Red Sea Insurance Premium Spikes as Houthi Risks Return
The rapidly rising war-risk rates, which had come from lower levels during a lull in attacks in recent months.
Canada’s Top Port Looks to Add 70% Capacity in Asia Trade Push
The terminal is set to be running by the mid 2030s, and the expansion would allow the Port of Vancouver to handle an additional 2.4 million twenty-foot equivalent units a year.
Four Crew Members Rescued from Ship Sunk by Houthis in Red Sea
The Greek-owned
Eternity C
was the second ship Houthis had sunk in the Red Sea over a three-day period.
Surging U.K. Shipping Costs Threaten to Deliver a New Price Shock
The increase was fueled by demand from American businesses that have been rushing to import products before President Donald Trump’s latest round of tariff hikes kick in.
Heatwave Dries Up Cargo Capacity on Europe's Largest Rivers
Ships transiting the Danube River in Hungary have only been able to operate at 30-40% capacity, prompting operators to hit cargo owners with surcharges as high as 100%.
Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen
The Houthis began attacking commercial vessels in the Red Sea after Israel launched a campaign against Hamas in the Gaza Strip, disrupting global shipping routes.
Ocean Carriers Warn of No End in Sight for Global Shipping Logjam
A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
Watch: Navigating the New Era of Ocean Carrier Services
Robert Peek, chief commercial officer of the Jacksonville Port Authority, discusses how the new container carrier alignments will impact service quality and port activity on the U.S. East Coast.
Beneficial Cargo Owners and Service Providers Need to Brace for China Shipbuilding Tariffs
The USTR’s newly proposed rule is more targeted in its application and timeline than earlier proposals. The possibility for cost impacts on the U.S. trades is nonetheless real.
U.S.-Mexico-Canada Freight Down in All Modes for April
Freight between the U.S. and Canada was down 13.6% from April 2024, while freight between the U.S. and Mexico declined by 3.8% year on year.
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