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China Announces Tariff Cuts

Chinese flag

China plans to reduce tariffs on imports of more than 700 commodities as of January 1, 2019.

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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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Navis: 6 Emerging Trends to Keep an Eye on

window

There are some emerging trends that owners should be watching closely.

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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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Trade War Has Taken Its Toll on US Soya Bean Exports

Peter Sand

U.S. soya bean exports marked a 43 percent drop year-on-year during the first twelve weeks of the 2018/19 marketing year.

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ICS: International Trade Not a Zero-Sum Game

ships in Singapore

Challenging of the proven benefits of multilateralism in global trade by the U.S. could pose serious threats.

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South Korea Largest Long-Distance Importer of US Crude Oil

Tanker

US crude oil exports to China drop to zero for the second month in a row.

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Tanker Market to Benefit from Iranian Sanctions

Euronav tanker

Euronav pointed to three caveats to a more positive outlook for the tanker market.

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Scorpio Axes Nine-Month Loss

bulker

For the nine-month period Scorpio cut its loss from last year's USD 58.7 million to USD 5.3 million.

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Qatar Petroleum Pens 5-Year LPG Supply Deal with China

LPG Ship

Qatar Petroleum to directly supply China with 600,000 metric tons of LPG per year for a period of five years.

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Port of Corpus Christi Breaks Tonnage Record

Tanker in the Port of Corpus Christi

The Port of Corpus Christi unfazed by the ongoing trade war between the U.S. and China.

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Investor Confidence in China Hurt by Trade War

trade war

IMF: Investor confidence in China has declined due to the ongoing trade tensions between the US and China.

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BIMCO: Iran No. 1 Buyer of US Soya Beans

Bulker

Iran has emerged as the biggest buyer of U.S. soya beans in the aftermath of trade tensions between China and the U.S.

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US Crude Oil Exports to China Dropped to Zero in August

Peter Sand

US seaborne exports of crude oil to China dropped to zero in August.

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Report: U.S. Crude Shipments to China Grind to a Halt

tanker

The ongoing trade tensions have resulted in the complete freeze of U.S crude oil shipments to China.

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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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China Moves Forward with Tariffs on USD 60 Bn of US Goods

China

China is responding to US' latest tariffs with levies on USD 60 billion of imported US products.

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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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BIMCO: Trade War Crossfire to Seriously Hit Shipping

Shipping

BIMCO: The long list of tariffed goods has been made longer as the US proposed tariffs on goods worth USD 200 billion.

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US Ports Urge Gov't to Consider Bad Impact of Trade Tariffs

Port

Tariffs on Chinese products and retaliatory responses to cover 8.4% of trade through US ports by value.

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US Releases Another List of Chinese Imports to Face Tariffs

Tanker

The US unveils the second list considering Chinese imports valued at USD 16 billion.

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