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SHIPPING: Tariffs push container rates from SE Asia, Vietnam above China-US rates

Rates for shipping containers from southeast Asia and Vietnam have risen above rates from China to the US as tariffs – and a 90-day pause on reciprocal tariffs – are already shifting global trade patterns. Peter Sand, chief analyst at ocean and freight rate analytics firm Xeneta, said he is now seeing the shifting global …

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Bangladesh accelerates efforts to tackle GHG emissions from shipping with National Action Plan

Bangladesh has officially launched the development of a National Action Plan (NAP) to reduce greenhouse gas (GHG) emissions from shipping. This marks a critical step toward aligning the country’s maritime sector with the 2023 IMO GHG Strategy and MARPOL Annex VI. IMO resolution MEPC.367(79), adopted in 2022, encourages Member States to develop and submit voluntary …

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Arthur D. Little: Saudi Arabia positioned to lead $8bln feeder shipping boom

As global logistics undergo rapid transformation, new research from Arthur D. Little (ADL) positions Saudi Arabia as a future powerhouse in feeder shipping, a high-potential segment of maritime trade set to grow to $451 billion globally by 2030. The Middle East, East Africa, Turkey (MEEAT), and South Asia region alone is forecast to account for …

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