Industry News

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Industry News

  • Ultra-Large Vessel Deliveries Expected to Cause Major Changes July 22, 2018 There is the potential for major changes to the shipping industry in 2018. SeaIntel predicts that there will be 108 ultra-large container vessels delivered in 2018, more than doubling the current number in operation. There are currently three major global alliances that control the east-west container trades: Ocean Alliance, The Alliance and 2M. The majority of ultra-large container vessel (excess of 14,000 TEU) ...
  • Ping Pong Trade July 17, 2018 The White House has announced that the administration will impose tariffs on aluminum and steel imports from Mexico, Canada and countries in the European Union. The increased tariffs went into effect today Friday, June 1st, when the previously designated exemption expired. BACKGROUND ON STEEL AND ALUMINUM TARIFF On March 8, 2018, President Trump authorized increased tariffs on steel and aluminum imports under Section 232 of ...
  • Proposed Tariff List on Chinese Origin Goods July 15, 2018 The United States Trade Representative (USTR) published a list of products imported from China upon which an additional 25% duty is intended to be imposed. The target of additional duties includes industries such as aerospace, machinery, robotics, and information and communication technology. The proposed list of approximately 1,300 separate tariff lines will undergo further review before the USTR will issue a final determination ...




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