Xeneta: Trump Presidency will reignite US-China trade war and threaten a spike in ocean container shipping markets as businesses rush imports ahead of higher tariffs

Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates. Trump has vowed blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% on goods from China. …

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Redeveloping legacy sites to boost global maritime industry capacity

The global commercial and defense maritime industry is on the cusp of a new era amid rising demand. With 20 percent growth forecast by 2030, the industry has an opportunity to refocus on shipbuilders, suppliers, and repair yards in the United States and Europe.1 But decades of underinvestment, long-standing reliance on institutional knowledge, and an …

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Asia Fuel Oil-Cash premiums hold their ground amid unchanged market expectations

Asia’s cash premiums for both high-sulphur and low-sulphur fuel oil mostly held their ground on Wednesday, with market expectations little changed from the previous trading session. Bullishness in the 380-cst high-sulphur fuel oil (HSFO) markets remained, as arrivals from the Middle East are still likely to stay minimal for December amid planned maintenance there, one …

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