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Category: tariffs

  • Bentzel: Tariffs on Chinese-made port equipment should be reinvested in U.S. maritime

    Bentzel: Tariffs on Chinese-made port equipment should be reinvested in U.S. maritime The U.S. has now started charging Section 301 port fees on Chinese built ships (with China imposing tit-for-tat measures in reponse). While most attention has centered on those fees, the latest proposed modifications to the Section 301 action include imposing tariffs of 100%…

  • Tariff pause drives Port of Long Beach to record July

    Tariff pause drives Port of Long Beach to record July A pause in tariffs in recent months lifted the Port of Long Beach in California to its most active July on record and the third-busiest month in its 114-year history. The 90-day pause on higher tariffs on Chinese imports that is set to expire tomorrow.…

  • BIMCO: U.S. grain shipments jump 9% despite Chinese tariffs

    BIMCO: U.S. grain shipments jump 9% despite Chinese tariffs “During the first half of 2025, U.S. seaborne grain shipments increased 9% y/y, driven by stronger maize exports,” says Filipe Gouveia, shipping analysis manager at BIMCO. “While an increase in import tariffs led to a 57% y/y drop in volumes to China, the U.S. has been…

  • Op-Ed: Alternative lenders will ignite shipping’s growth

    Op-Ed: Alternative lenders will ignite shipping’s growth By Tobias Backer, executive director, Pelagic Capital The introduction of protectionist policies by the new U.S. administration has reignited uncertainty across the global economy. The International Monetary Fund’s (IMF) World Economic Outlook suggests that every major economy will be impacted by the newly introduced tariffs, resulting in a…

  • Op-Ed: Navigating opportunities in the 2025 insurance market

    Op-Ed: Navigating opportunities in the 2025 insurance market By Simon de Burgh Codrington, Managing Director, Risk Strategies The marine insurance industry continues to navigate uncertain waters in 2025. Prices in the global marine cargo market are starting to ease. Importers and exporters now have more room to negotiate. Still, cargo theft is a growing problem,…

  • Port of Long Beach braces for double digit decline in May numbers

    Port of Long Beach braces for double digit decline in May numbers Following its strongest April on record and 11 consecutive months of cargo increases, the Port of Long Beach says that it is preparing for a double-digit decline for shipments in May due to tariffs – and retaliatory tariffs – that were paused earlier…

  • Trump administration takes action to impose port tariffs on Chinese ships

    Trump administration takes action to impose port tariffs on Chinese ships The United States Trade Representative (USTR) has laid out plans to introduce fees on Chinese ships calling American ports. The post Trump administration takes action to impose port tariffs on Chinese ships appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • Tariffs set to dramatically reduce U.S. port traffic

    Tariffs set to dramatically reduce U.S. port traffic With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation’s major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers have been bringing…

  • Trump threatens additional 50% tariff on imports from China

    Trump threatens additional 50% tariff on imports from China President Donald Trump on Monday said he will impose an additional 50% tariff on goods from China unless the country immediately withdraws its 34% retaliatory tariff on imports from the U.S. China levied matching tariffs against the U.S. on Friday in response to the White House’s…

  • China building 62% of new ships ordered globally in spite of looming US tariffs

    China building 62% of new ships ordered globally in spite of looming US tariffs China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook. The post China building 62% of new ships ordered globally in spite…