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May 16, 2025
 

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SHIPPING

A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025
China tariff relief spurs shipping rush and price hike U-turns
The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
According to earnings reports released by Thursday, net profit is forecast to fall 47.7% to ¥250 billion at Nippon Yusen K.K., 60% to ¥170 billion at Mitsui O.S.K. Lines and 67.3% to ¥100 billion at Kawasaki Kisen Kaisha.
BUSINESS / Companies
May 9, 2025
Three major Japan shipping firms expect sharp falls in profit
The companies are projecting a drop in the transport of autos and other goods due to U.S. tariff measures.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
Container ships at the Port of Los Angeles on April 7. U.S. President Donald Trump has long argued that China’s dominant role in the maritime industry has made the U.S. overly dependent on the Asian nation.
BUSINESS
Apr 18, 2025
Trump moves to levy Chinese vessels in trade war shakeup
The proposal follows a monthslong investigation ordered by the Biden administration into whether Chinese shipbuilding threatens U.S. national security.
Cargo ships are loaded with containers at the port of Bangkok on April 3.
WORLD / Politics
Apr 10, 2025
U.S. exits carbon talks on shipping and urges others to follow
A State Department spokesperson confirmed that Washington would not be "engaging in negotiations" at the U.N.'s International Maritime Organization.
U.S. Secretary of Defense Pete Hegseth (left) talks with Panama Canal Authority Administrator Ricaurte Vasquez during a tour of the Miraflores locks, in Panama City, Panama, on Tuesday.
WORLD / Politics
Apr 9, 2025
U.S. will not let China disrupt Panama Canal: Pentagon chief
U.S. Defense Secretary Pete Hegseth said the U.S. and Panama together would "take back the Panama Canal from China's influence" and keep it open to all nations.
A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, on April 2.
BUSINESS / Markets
Apr 9, 2025
Trump optimistic after call about tariffs with South Korea
South Korea's trade minister is traveling to Washington to meet U.S. Trade Representative Jamieson Greer for tariff negotiations.
Workers build an expanded breakwater at San Antonio Port in Chile on March 13.
ENVIRONMENT
Apr 5, 2025
Rising seas test defenses of South American ports
The state-run port, which handles 1.7 million containers annually, is frequently lashed by swells several meters high as climate change wreaks havoc.
Chinese officials have shared articles on social media accusing Hong Kong billionaire Li Ka-shing's (center) CK Hutchison Holdings of acting "in concert with U.S. hegemony” over its $22.8 billion sale of 43 ports around the world, including two in the Panama Canal.
BUSINESS / Companies
Apr 1, 2025
Xi showdown with Li Ka-shing threatens China’s pro-business push
Derailing the deal could give credence to claims that CK Hutchison is ultimately controlled by Beijing — a perception with implications for private Chinese firms worldwide.
Hong Kong billionaire Li Ka-shing's CK Hutchison has entered into a deal with a BlackRock-led consortium to sell ports in Panama and elsewhere, putting his conglomerate’s flagship entity in the crosshairs of U.S.-China tensions.
BUSINESS / Companies
Mar 27, 2025
China pauses new deals with Li Ka-Shing family after Panama ports plan
The directive was issued to state-owned enterprises last week at the behest of senior Chinese officials.
Tugboats pull the Greek tanker Sounion across Egypt's Suez Canal waterway. The tanker — set ablaze by Yemeni rebels with more than a million barrels of oil aboard — has been safely towed through the Suez Canal, the waterway's authority said on March 10. The Sounion was attacked in the Red Sea last August by Yemen's Houthi rebels, catching fire and losing power before its 25-member crew were rescued by a French frigate.
BUSINESS
Mar 24, 2025
Houthi attacks forcing 75% of U.S.-flagged ships to take longer route, U.S. says
The Houthis in Yemen say they have targeted ships in the Red Sea in solidarity with Palestinians since the start of Israel's Gaza war.
Workers at the Cosco Shipping Holding shipyard in Qidong, Jiangsu province, China, on Oct. 8, 2024
BUSINESS / Economy
Mar 24, 2025
Billion-dollar U.S. levies on Chinese ships risk ‘trade apocalypse’
The levies could theoretically generate between $40 billion and $52 billion for U.S. coffers.
A U.S. Navy ship fires missiles at an undisclosed location, after President Donald Trump launched military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, in this screen shot.
WORLD
Mar 16, 2025
Trump launches large-scale strikes against Yemen's Houthis
The strikes — which could last days and maybe weeks — are the biggest U.S. military operation in the Middle East since Trump took office in January.
Smoke rises from the MV Solong cargo ship on Tuesday, the day after it collided with the MV Stena Immaculate tanker in the North Sea, off the coast of Withernsea, east of England.
WORLD / Crime & Legal
Mar 12, 2025
U.K. arrests cargo ship captain for manslaughter over North Sea crash
The 59-year-old captain was arrested on suspicion of gross negligence manslaughter in connection with the collision involving a tanker chartered by the U.S. military.
Smoke and flames rise from a collision between an oil tanker carrying fuel for the U.S. military and a cargo ship off the northeastern coast of England on Monday.
WORLD
Mar 11, 2025
Tanker hired by U.S. military ablaze off U.K. after hit by container ship
There has been no indication of any malicious activity or other actors involved in the incident, security sources say.
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock-backed consortium on Tuesday.
BUSINESS / Companies
Mar 5, 2025
BlackRock to buy Hong Kong firm's Panama Canal port stake amid pressure
The $22.8 billion deal, coming amid pressure from the White House, will give the BlackRock-backed group control of ports along the strategic waterway and dozens of others.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
The Taiwanese Coast Guard detains Togolese-registered, Chinese-crewed cargo ship Hongtai in Penghu, Taiwan, on Tuesday after a subsea telecoms cable was severed off the islands.
ASIA PACIFIC / Politics
Feb 26, 2025
China says Taiwan 'manipulating' undersea cable cutting incident
Taiwan's coast guard said it detained a China-linked cargo ship on Tuesday after a cable to the Penghu Islands was disconnected.
The Togolese-registered ship Hongtai in Penghu, Taiwan. Taiwan detained a Chinese-crewed cargo ship after a subsea telecoms cable was severed off the island, the coast guard said.
ASIA PACIFIC / Politics
Feb 25, 2025
Taiwan detains Chinese-crewed ship after subsea cable cut
It is the latest in a series of Taiwanese undersea cable breakages, with previous incidents blamed on natural causes or Chinese ships.
A Chinese ship, the bulk carrier Yi Peng 3, is anchored and monitored by a Danish naval patrol vessel (unseen) in the sea of Kattegat, near the City of Granaa in Jutland, Denmark. Denmark's navy said on November 20, 2024 it was shadowing a Chinese cargo vessel in the Baltic Sea, a day after Finland and Sweden opened investigations into suspected sabotage of two severed undersea telecoms cables.
WORLD
Feb 25, 2025
Damage to Baltic Sea telecoms cable may have occurred in January
Swedish and Finnish police said they were investigating a suspected case of sabotage of the C-Lion1 cable running along the seabed from Finland to Germany.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
Tokyo Stock Exchange wants stocks to be affordable for the average investor
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.

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