GCMD and banks are launching financial assistance to end the ship’s retrofit stalemate

Amid regulatory uncertainty following delays at the International Maritime Organization, the Global Center for Marine Decarbonisation (GCMD) in Singapore is launching a new fund to finance ship modernisations, enabling improved service to the existing fleet. In collaboration with Singapore-based fund manager AIM Horizon Investments and several banks, GCMD has established the Fund for Energy Efficiency…

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US container import bookings lag behind 2024 pace

According to data from FreightWaves SONAR, U.S.-bound container bookings, measured by the inbound ocean equivalent container volume index, have been noticeably weaker this fall, averaging about 11% below 2024 levels since September. Read also: Container shipping rates fall after the holidays, but Red Sea risks still worry the industry However, the index is still more…

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Report: Supply chain pressures are here to stay

Despite some recent positive signs at the macroeconomic level, the logistics economy remains on a below-average growth path, driven by uncertainty caused by tariffs and a stagnant transportation sector, according to recent reports. Data from the September Logistics Managers’ Index (LMI) report and the Q4 TD Cowen/AFS Freight Index indicate continued weakness in logistics and…

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US rolls back 40% tariffs on Brazilian food, but manufacturers still pay the price

The United States eliminated the 40% surcharge on a wide range of Brazilian agricultural imports this year, but left most industrial goods from the country still facing some of the toughest tariffs. Yesterday, an executive order amending customs duties… To read this article you need to subscribe. Help us continue investing in award-winning, independent journalism….

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Amid the turmoil, companies are seeking supply chain transformations

Despite some recent positive signs at the macroeconomic level, the logistics economy remains on a below-average growth path, driven by uncertainty caused by tariffs and a stagnant transportation sector, according to recent reports. Data from the September Logistics Managers’ Index (LMI) report and the Q4 TD Cowen/AFS Freight Index indicate continued weakness in logistics and…

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