International Shipping News.

China’s LPG imports have seen remarkable growth in recent years, driven by the rapid expansion of its PDH capacities. Imports reached record highs this July, with volumes staying above the historical seasonal range for most of the first 10 months. However, import sentiments have shifted in November, marking a significant slowdown that is on track ... […]

Hapag-Lloyd expects lower profitability in the fourth quarter but still at a “good level”, after freight rates peaked in the third quarter, Rolf Habben Jansen, the CEO of the German shipping company, said at a press conference on Monday. Habben Jansen also expects disruptions in the Red Sea linked to Houthi militants to continue well ... […]

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its 2024 Supply Chain Intelligence Report: Escalating Challenges for Global Supply Chain Leaders survey, which examined the most significant global trade challenges facing logistics and supply chain leaders today. The study showed that 48% of respondents identified rising tariffs and ... […]

The captain stared in horror at the rudder angle indicator as the container ship Henry Hudson swung to hard left rudder. The engines shifted to all stop, with the ship gliding through the water, then the power went out. Transiting north past Pier 14 of Naval Station Norfolk at 10 knots, the ship lurched rapidly ... […]

China has established its first international ship registry in Hainan province, aiming to further develop the island into a free trade port. The Hainan International Ship Registration Administration, launched in Yangpu, Danzhou, on Friday, is responsible for the registration, quality management, inspection, flag state services, and policy research for vessels flagged under the China Yangpu ... […]

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to near 15-month low on Monday, dragged down by losses across all vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 56 points to 1,298 points, its lowest level since ... […]

LNG freight prices have been trending lower this year as strong fleet growth outpaced liquefaction capacity additions. 52 newbuild carriers joined the fleet year to date, nearly double the number of deliveries in the same period last year. In contrast, new liquefaction capacity has been limited, with only 5.8 mtpa of additions in 2024. The ... […]

Do higher fuel prices lead to greener shipping behaviour? Energy efficiency and decarbonisation Many policy-makers in the European Union (EU) and the International Maritime Organization (IMO) argue that the higher prices that result from emissions pricing and fuel standards will lead to energy efficiency improvements and emissions reduction. There is, however, no consensus in scientific ... […]

There has been a surprisingly measured response from international shippers facing potential new tariffs next year from the incoming Donald Trump administration. Speaking on the latest episode of The Freight Buyers’ Club podcast, Kathy Liu, Dimerco Express Group Vice President, said most shippers and exporters to the U.S. were taking a “wait and see” approach ... […]

In recent years, the shipping sector has increasingly turned to liquid biofuels, particularly those comprising fatty acid methyl esters (FAME), to reduce GHG emissions due to its readiness for adoption1 . With the roll-out of a number of regulations, such as the EU Emissions Trading Scheme (EU ETS), FuelEU Maritime, and the Carbon Intensity Indicator ... […]