Month: August 2025

Newsletters

EU–U.S. Trade Framework Brings Temporary Relief to Container Flows

A new trade framework agreement jointly announced by the European Union (EU) and the U.S. aims to ease trade tensions and stabilize container volumes across Trans-Atlantic shipping lanes. The agreement, revealed on August 21, 2025, outlines a pause in escalating trade measures while maintaining existing U.S. tariffs of 15% on most EU imports and a

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Newsletters

Global Carriers Shift Routes Ahead of U.S. Port Fee Rollout

Global shipping lines are adjusting fleet strategies in anticipation of new U.S. port fees directed at vessels linked to China. Set to take effect on October 14, 2025, the policy introduces tiered charges with penalties for non-compliance including denial of port access and suspension of cargo operations. The initiative led by the U.S. Trade Representative,

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Newsletters

Arctic Corridors Promise Quicker Asia-Europe Trade

South Korea and China are both accelerating efforts to open new trade corridors to Europe through the Arctic. On Tuesday, Korea Ocean Business Corp (KOBC), a state-backed ship finance group, announced a new initiative to explore the Northern Sea Route (NSR). The goal is to cut travel time between Busan and Rotterdam by ten days

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Newsletters

EU Carbon Trading Scheme Takes Effect, USD 2.9 Billion due by September

The European Union’s Emissions Trading System (EU ETS) has entered its first payment phase for the shipping industry. By September 30, 2025, shipping companies must make their first payments under the scheme. Shipping consultancy Drewry estimates that around 13,000 vessels fall under its scope. For now, companies are required to surrender 40% of EU Allowances (EUAs) for each

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Press

Shipco Transport Recognized with Sustainability Excellence Award

[Chatham, NJ] – Shipco Transport, a global leader in neutral NVOCC services, proudly received the Sustainability Excellence Award at the 13th Global Supply Chain Excellence Summit in Long Beach, California, USA. Presented by USC Marshall Randall Kendrick Global Supply Chain Institute, the award recognizes Shipco’s dedication toward building a more sustainable future in global logistics.

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Newsletters

Shippers Facing Fewer Options, Higher Costs, says AfA

The U.S. Airforwarders Association (AfA) has warned that slowing freight volumes, shown in new U.S. Department of Transportation (DOT) data, signal rising challenges for shippers facing fewer transportation choices and higher supply chain costs. According to the DOT’s Freight Transportation Services Index (TSI), freight activity fell by -0.4% in June month-over-month, and -0.5% year-over-year. As

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Newsletters

Pushback from the U.S. on IMO’s Net-Zero Framework

The U.S. government said it is rejecting the International Maritime Organization’s (IMO) “Net-Zero Framework”, warning it would raise costs for American consumers, energy providers, and shipping companies. Senior Whitehouse administration officials said the U.S. would take action against IMO member states backing the measure when it comes to a final vote in October. It remains

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Newsletters

Container Shipping Oversupply to Linger through 2029

Container shipping is facing a supply-demand imbalance that may last through 2029, according to Linerlytica. With record levels of new tonnage entering service from Asian shipyards amid a slowing global economy, it is anticipated that this will negatively impact earnings. Linerlytica’s recent report forecasts that fleet expansion will continue to outpace demand, and this projection

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