Tariffs and trade tensions dominate global shipping in first half of 2025

New US tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment in some sectors while accelerating strategic orders in others, according to the Half-Year Market Report by Veson Nautical, a leading provider of maritime freight management solutions and data intelligence. The report states that US trade policy changes …

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Spike in armed robbery incidents raises concerns for vital Singapore Strait trade route – ICC – Commercial Crime Services

Critical shipping route handling 30% of global trade flows sees surge in armed robbery incidents. The ICC International Maritime Bureau (IMB) Piracy Reporting Centre is urging caution following a rise in armed robbery incidents in the Singapore Straits. Globally, the crime of piracy and armed robbery reached 90 reported incidents, a 50% increase compared to …

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Xeneta Weekly Ocean Container Shipping Market Update: Rate Decline Accelerates

Data highlights Market average spot rates – 8 July 2025: Far East to US West Coast: USD 2673 per FEU (40ft container) Far East to US East Coast: USD 5151 per FEU Far East to North Europe: USD 3393 per FEU Far East to Mediterranean: USD 4197 per FEU North Europe to US East Coast: USD 1992 per FEU Market average on the Transpacific trade from Far East …

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Norton Rose Fulbright advises Yinson Production on world’s largest FPSO project bond to date

Global law firm Norton Rose Fulbright has advised Singapore-headquartered Yinson Production on the placement of USD 1.168 billion 144A/Reg S senior secured notes issued by Yinson Bergenia Production B.V., to refinance the floating production, storage and offloading vessel ‘FPSO Maria Quitéria’, which is operating under a 22.5-year lease and operate contract with Petrobras in the …

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