Trump Administration Bans Cuba Cruise Ship Port Calls

Cruise ships in port

In the latest wave of Cuba restrictions, the Trump administration banned cruise ship stops to the island nation.

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Trump Proposes Massive Hike on Chinese Tariffs

US President, Donald Trump

Trump is increasing the pressure on China to reach a trade agreement with a new tariff plan.

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Trump Sets Aside USD 138 Mn for Charleston Deepening Project

Finance

Charleston Harbor Deepening Project received USD 138 million of funding in the President's FY2020 Budget.

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Trump Delays Tariffs on USD 200 Bn of Chinese Imports

US President, Donald Trump

President Trump has delayed the additional Chinese tariffs, scheduled to take effect from March 1.

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Good News for Bulkers as China Buys US Soyabeans Again?

Bulker

It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.

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FMC Aims at Carrier Alliances under Amended US Shipping Act

Shipping

US: FMC to address antitrust issues in maritime industry consolidation and ocean carrier alliances.

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Iran's President: No Oil Will Be Exported from the Gulf

Hassan Rouhani, Iran's President

Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.

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China and US Call a Tariff Truce for 90 Days

Trump, Xi, Melania

Trump and Xi Jinping put a break on the escalating trade war and shelve further tariff increases.

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US Treasury Warns Against Petroleum Shipments to Syria

Donald Trump

US warns maritime community of sanctions risks related to petroleum shipments to Syria.

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US: Iranian Tankers Are a Floating Liability

tanker

Hook: Iranian tankers are now a floating liability.

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Chabahar Port Development Exempted from US Sanctions

Donald Trump

U.S. exempted the development of the Chabahar Port in Iran from sanctions on Iran.

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Sunken Sanchi Included in US Sanctions List against Iran

Donald Trump

Sanchi, which sank in January 2018, included in the new U.S. list of sanctioned individuals and entities.

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U.S. Sanctions against Iran to Drive Tanker Rate Increases

Donald Trump

Sanctions against Iran contribute to the increase in tanker rates.

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US Backs 2020 Sulphur Cap Experience-Building Phase

Donald Trump

The Trump administration supports the establishment of an experience-building phase.

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UNCTAD: Trade Wars a Symptom of a Deeper Malaise

Donald Trump

UNCTAD believes recent rounds of tariff hikes will disrupt a trading system drawn increasingly around value chains.

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Panama Canal Not Impacted Yet by US-China Trade Tensions

Jorge Quijano

Quijano: So far, the canal has not experienced any effects from this commercial debate. 

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Trump Adds Tariffs on USD 200 Bn of Chinese Imports

U.S. President Donald Trump

Trump will impose 10% tariffs on USD 200 billion worth of imports from China from September 24.

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U.S. Hammers Out Separate Trade Deal with Mexico

Donald Trump

The United States has reached a separate trade agreement with Mexico.

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Turkish Recyclers Fearful and Confused after Lira Collapse

shipbreaking

Turkish demolition market has been taken aback by the last week's fall of Turkish lira against the U.S. dollar.

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Report: Unipec Halts Crude Oil Imports from U.S.

Tanker

Unipec has reportedly suspended imports of crude oil from the U.S. amid brewing trade war between the U.S. and China.

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China to Hit Back with 25 Pct Tariffs on LNG Imports from US

lng carrier

China plans to fight back new U.S. tariffs with USD 60 billion worth countermeasures, impacting LNG imports from U.S.

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