US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S. and European officials and sources told Reuters. The Trump administration is looking to boost U.S. economic might, including by taking a bigger role in global shipping, and has used tariffs as …

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Second-hand container ship prices jump 17% YoY despite weaker freight rates

“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The average per TEU price of a basket of seven five-year-old container ships was USD 9,761/TEU in late August 2024. Since then, the price …

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