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APRIL 7, 2025

Coastal Shipping Bill passed in the Lok Sabha Wan Hai Lines announces Tamil Nadu - Thailand Express "TTX" service Exporters rush to beat US tariff timeline Delhivery to acquire controlling stake in Ecom Express Delta Ports Mormugao Terminal commences operations Baltic Exchange Market Report (4 April 2025) INDIAN PORTS ASSOCIATION CMA CGM Overweight Surcharge for dry cargo from Indian Subcontinent & Middle East Gulf to Red Sea APM Terminals acquires Panama Canal Railway Company No signs of market weakness despite uncertainties, says report Engg exports seen impacted by Trump tariff Physical seaworthiness Sushil Kumar Singh to continue holding additional charge as Chairperson of Mumbai Port Major East-West capacity growth

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APRIL 7, 2025

Container shipping will be hit hardest - Bimco Geis Group restructures its air and sea services Freight sector under pressure - VNL Driver shortages worsening Aurrigo unveils autonomous cargo vehicle Windcoop orders world's first sail-powered containership Hahn airport sees cargo growth under Triwo ownership Bifa strengthens policy and compliance team "Curiosity of the Day" CPKC sells Panama railway Milwaukee welcomes first international vessel Lineage expanding Pacific network

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APRIL 4, 2025

Mixed response in US to 'Liberation Day', while China leads wave of retaliation Tariffs and de minimis set air freight rates on a volatile course 'Great Reset' - playing chicken with the tariffs game ECU appoints Sergio Rodrigues to head LatAm operations East-west rates diverge as transpac spots hold while Asia-Europe keeps falling CMA CGM's $20bn US pledge: all fur coat and no knickers Edvardas Liachovicius steps up as Girteka CEO Legal wrangle over terminal project could hobble South African port efficiency hopes Temu and DHL join forces to expand non-US ecommerce sales

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APRIL 4, 2025

Canada's Seaspan Shipyards cuts steel for heavy polar icebreaker Canada's Seaspan Shipyards in North Vancouver, B.C., yesterday cut steel on the new heavy polar icebreaker it is building for the Canadian Coast Guard, marking the start of construction on one of ME-GI engine on track for 1,000 order milestone MAN Energy Solutions says that its MAN B&W dual-fuel ME-GI engine has had a strong start to the year, confirming its status as the default, dual-fuel methane-fuelled engine. Since its market debut

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APRIL 4, 2025

Chinese shipyard delivers final BV-classed CMA CGM boxship in series Bureau Veritas Marine & Offshore (BV) has successfully delivered CMA CGM Tiga, the last of ten 5,500 TEU container ships built for CMA CGM at CSSC Qingdao Beihai Shipbuilding. This marks the completion of a major project for which BV provided classification services and Bureau Veritas Solutions M&O provided advisory services, helping to ensure compliance with international safety, structural inte ZERO44 and Frontier Fuels forge partnership to streamline biofuel strategy for FuelEU maritime compliance ZERO44, together with Frontier Fuels, unveiled a strategic alliance designed to help maritime players reduce their emissions and meet the latest regulatory standards. With the rollout of CII and EU ETS regulations in 2023 and 2024, and now with FuelEU Maritime, the industry faces a new tier of compliance obligations. Advanced planning has thus become crucial. Maritime companies are now required t

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APRIL 4, 2025

China slaps retaliatory tariffs on all US goods After US president Donald Trump imposed tariffs on countries across the world earlier this week, it did not take much time for Beijing to return the favour. The Chinese authorities said on Friday that the country would impose 34% tariffs on all imports from the US starting from April 10. This is on top of ... Octopus Energy buys into UK offshore wind farm UK-based Octopus Energy has made another investment in the offshore wind sector, this time via the acquisition of a 10% stake in the East Anglia One wind farm. The 714MW wind farm is located 43 km off the coast of Suffolk in the East of England and has been powering Britain with green energy since ... Ningbo Ocean Shipping chairman resigns Ningbo Ocean Shipping Co (NBOSCO) has announced that Zongquan Xu is stepping down as chairman and will no longer serve as a member of the company. The director and manager at Zhejiang Seaport Shipping is leaving the Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group after four years at the helm. In addition, Xiaofeng Chen has applied ... Leadership change at Nanjing Tanker Nanjing Tanker, the Shanghai-listed owner under the China Merchants Group, has a new chairman. The company said in a filing that Yi Zhang had resigned as chair due to job changes. He has held the position since April 2022 and previously served as deputy general manager at China Merchants Port Holdings, chief operational officer and ... Global shipping 'stifled' by Trump's tariffs Shipping stocks remain under severe pressure today as the world comes to terms with the immensity of Wednesday's tariff announcements from US president Donald Trump. The average US tariff rate has now been set at just under 25%, levels not seen since the 1930s and the days of the Great Depression. The Trump tariffs resulted ... Both sides file claims in North Sea collision case Legal proceedings are set to unfold in the aftermath of last month's North Sea collision between the containership Solong and the product tanker Stena Immaculate, with owners filing claims against each other. Court records indicate that Solong's owner, Ernst Russ from Germany, filed a legal claim at the Admiralty Court on Thursday against "the owners ... Argeo chief executive officer steps down The chief executive officer of Norwegian surveyor Argeo, Trond F. Crantz, has stepped down from his position with immediate effect. The company said that Crantz resigned from the role to dedicate his time and focus differently. According to an Oslo Bors filing, the Argeo board will initiate a structured process to identify the next permanent ... Island Offshore seals ConocoPhillips PSV fixture Norwegian OSV owner Island Offshore has picked up a contract for one of its platform supply vessels in the Norwegian sector. ConocoPhillips Skandinavia has contracted the Island Contender for 45 days with further options available. Dayrates have not been disclosed. The 2012-built PSV, currently on a spot fixture with Equinor UK, will exit the spot ... Subsea 7 wins work on Shell's Sparta project Offshore engineering and services player Subsea 7 has won a contract for work on Shell's Sparta deepwater development in the US Gulf of Mexico. The project involves the transportation and installation of a floating production system at Garden Banks block 959, which is located off the southeastern coast of Louisiana at water depths of up ... French cooperative orders novel boxship in Turkey Windcoop, a French cooperative, has placed a landmark order in Turkey for a sail-powered boxship. Tuzla-based RMK Marine, which is also building the wind-powered Neoliner Origin roro, will build the new-look container vessel. The 91.3 m long open hatch ship, costing EUR28.5m ($31.6m), has a capacity of 210 teu, plus 40 reefer plugs. It will ... Mira Bulk changes hands ResInvest Group and Myrtle Marine Corp have entered into a strategic joint venture, forming a 50/50 partnership to invest in Mira Bulk. Mira Bulk will focus on marketing Myrtle Marine's vessels and servicing the freight needs of EP Resources. "With a strong presence in both geared and gearless markets, Mira Bulk will operate across the ... ENEOS comes onboard Maersk-backed green methanol project Green methanol provider C2X has secured $100m in further investment from A.P. Møller Holding, A.P. Møller - Mærsk and Japanese energy company ENEOS. The proceeds from the investment will primarily be used to fund the final development phase of the Beaver Lake Renewable Energy (BLRE) project which C2X is developing together with SunGas Renewables in Alexandria ... Thinking fast and slow: why high-quality data demands the right foundations The trend towards high-frequency sensor data is increasing, but investment decisions require a truly rigorous approach, writes Christian Rae Holm, the CEO of Coach Solutions. Data continues to represent value in the pursuit of vessel energy efficiency, and as the value of actionable information increases, the focus is increasingly on using high-frequency sensors to drive ...

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APRIL 4, 2025

IMO faces wide gulf on carbon intensity cuts The political divide over required carbon intensity cuts, or 'Z factors', is still vast with MEPC three days away Shipping companies that embraced DEI not rattled by backlash, forum hears 'It is not that we insist on people being seen or being hired because of who they are as a... Trump, trade and tragicomedy US imports will be slammed by historically severe tariffs, and US exports by retaliatory tariffs. Then, unless sanity prevails, the... Sustainability should not override safety, regulators told On the cusp of crucial IMO climate talks, a senior Greek owner says a skilled workforce is needed for decarbonising... Webinar: Shipping in a changing world order Shipping is navigating a period of profound transformation amid a whirlwind of geopolitical, trade and regulatory risks Shipping should target Africa to solve crewing crisis, says report A Lloyd's Register Foundation report details how the industry can tap into an underutilised recruitment pool to solve its employment... Solong and Stena Immaculate owners both launch legal proceedings Boxship likely to be declared total loss Retaliatory tariffs could spark inflationary trade shift and cut oil demand Retaliatory tariffs against the US will affect cargo volumes more than the US tariffs themselves, but the inflationary effect of... Industry updates security best practice after 'unprecedented' rise in attacks BIMCO, the International Chamber of Shipping and more than 40 maritime stakeholders published updated guidance to include specific information on... Cargo rates softening but the going's still good, IQUW's Heeley argues If you need to give blanket 10% discounts to beat the competition, do it, lead cargo underwriter advises The Daily View: When the hammer falls ContainersPolitical Risk and TradeUnited States Shipping braces for impact after Trump drops tariff 'bomb' on world trade Trump's 'Liberation Day' tariffs sent shockwaves through stock markets and the global trading community on Thursday. The fallout will hit... Daily Briefing Uncertainty, rerouting and trade havoc: the implications of Trump tariffs for shipping | Tariff impact on dry bulk limited, but...

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APRIL 4, 2025

Farm state House members say USTR proposal offers big risks to US ag interests Eighteen Republican members of Congress said the remedies laid out as part of the US' investigation into China's maritime dominance are unworkable for farmers, notably a port tax on Chinese vessels and the requirement that an increasing volume of US exports be shipped on US-flagged vessels. TMS provider Turvo turns to SMC3 to enable LTL ambitions The partnership will see SMC3 provide less-than-truckload rating, booking and tracking data into Turvo's transportation management system, which primarily serves US freight brokers and third-party logistics providers. 2025 Process Orchestration Trends See what 800+ IT leaders say about orchestration challenges-and where automation is headed next. Trans-Pac GRI offers resistance to retailers' push for lower contract rates A general rate increase implemented by carriers in the eastbound trans-Pacific on April 1 has largely stuck, giving shippers less leverage in attempting to lower contract rates for 2025-26 service year. 'K' Line to expand logistics operations in joint venture with Kamigumi The deal will merge "K" Lines' traditional logistics activities in ocean and air freight with Kamigumi's niche business in project cargo logistics. PSA expansion project doubles capacity at India's Nhava Sheva terminal For Singapore-based PSA, the investment cements a beachhead in a West India market primed to benefit from Asian trade diversification and burgeoning consumer demand.

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APRIL 4, 2025

Holland & Knight poaches from Seward & Kissel's maritime finance team Hiring firm's London presence said to be a lure for team led by Michael Timpone Singapore's Berge Bulk grabs 7.3% stake in US-listed Genco Shipping Purchase of more than 3m shares is filed under passive investment status Houthis 'living their final months' as Iranian official says they are pulling out Lack of Iranian support could push shipping back into Red Sea The Buyer's Guide to Automation Future-proof your architecture with Camunda's process orchestration buyer's guide. Wavelength Podcast: Are Trumps tariffs terrifying shipping? Plus, the greenhouse gas talks in London get tense and what we learned from an initial report on the Solong disaster The trade war is here and it's worse than expected. Here come the economic headwinds for shipping Economists see impact to US economy after Washington's tariffs and Chinese response defy expectations Shipping stock crash accelerates in US after China's tariffs retaliation Most stocks slide more than 5%, with LPG and tanker names seeing double-digit damage Oldendorff-backed study: Scrubbers are the best fuelling option for the environment Report is the first to compare impact of exhaust gas cleaners and heavy fuel oil with low-sulphur fuels on a well-to-wake basis LPG sector downgraded to 'sell' as risk increases with tariffs and newbuildings BW LPG stock crashes 13% on Oslo exchange Russia seeks $1bn in compensation from shipowners for oil spill Two small tankers broke up during fierce weather in Kerch Strait Norwegian shipowners slam plan to boost pay for seafarers working in national waters Timing of proposal 'couldn't be worse' Sharp fall in newbuilding orders expected as dry bulk sweats on counterpunches to Trump tariffs Star Bulk CEO expects orderbook to take a hit after Liberation Day NYK eyes Taiwan wind shipping with investment in Iovtec Japanese giant says it is gaining insights into one of Asia's largest offshore wind markets LPG shipments in the cross-hairs as China hits backs on US tariffs US exporters to pay extra 34% on cargoes as government retaliates Sharp fall in newbuilding orders expected as dry bulk sweats on counter punches to Trump tariffs Star Bulk chief executive expects the contracting of new ships to take a hit after Liberation Day Tariff turmoil could raise marine insurance costs, warns Lloyd's of London group Body representing Lloyd's of London underwriters warned of secondary hit to investments Massive cocaine bust on JJ Ugland bulker after FBI tip uncovers $700m haul Norwegian owner says procedures will be reviewed to tighten precautions against trafficking Nigeria's NNPC trades and ships out first crude cargo on Delta Tankers suezmax Breakthrough deal follows similar ex-ship sales of LNG last year Feeder shipping is 'bright spot' with the best returns in container space Consultant says returns for smaller boxships massively outstrip larger vessels Frode Teigen closes asset-play masterclass as Belships bids farewell to Oslo Stock Exchange Ultramax owner transformed under previous majority shareholder Frode Teigen Stolt-Nielsen executives explain how investors are valuing the company incorrectly Revived buyback scheme aimed at supporting the Oslo-listed company's share price, Jens Gruner-Hegge explains Suezmax rates could slide rapidly after closures at key terminal, Braemar says Broker warns of delays and higher demurrage costs as two of three Russian mooring points out of action Jens Ismar hands over Exmar shipping reins to new face Gas specialist talks about 'becoming a grown up', having 'too much fun' and his search for a little more freedom Clock ticking for Delta Corp Holdings' Singapore unit to settle second winding-up petition This is the second court application to wind up group's Singapore shipping subsidiary for unpaid bills CMB.Tech within a whisker of merger threshold after more Golden Ocean share buys Saverys shipowner now controls 49.4% of former John Fredriksen bulker company Nigeria's NNPC trades and ships out first crude cargo on Delta Tankers suezmax Breakthrough deal follows similar ex-ship sales of LNG last year Trump tariff 'nuclear bomb' on container trade has freight forwarders bracing for demand slump Us action was far worse than expected Cosco Shipping replaces finance chief with internal hire from Singapore unit Company has also replaced its deputy general manager with an economist Taiwanese owner Dong Fang orders $126m subsea ship at Vard with more to come Delivery of construction vessel scheduled for 2027 AP Moller-Maersk urges IMO to 'act like Robin Hood' in fuels debate Container shipping giant says regulator must act to narrow price gap between 'black and green fuels' DOF Group the dividend company? After a complete turnaround, owner plots multi-year strength In 2022, DOF Group was in danger of liquidation. Now it is riding a strong market to dividends Beijing slams Trump for 'unilateral bullying' after president introduced tariffs 'violating international trade rules' Analysts warn of global wait-and-see stance impacting economies adversely Beijing reproaches US on "so-called reciprocal tariffs" Analysts warn of global wait-and-see stance impacting economies adversely MSC orders up to four LNG dual-fuelled ropaxes in China Guangzhou Shipyard International is scheduled to deliver two firm vessels from 2027 Norwegian brothers stand out in Singapore with 'Pink Panther' hull cleaning play Norwegian hull-cleaning outfit focuses heavily on waste collection as key to its pitch

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APRIL 4, 2025

Port of LA's Seroka says tariffs to cut container volumes by 10% Container traffic at the busiest U.S. import gateway is expected to drop by 10% in the second half of the year. Trump revokes duty-free access for Chinese e-commerce shipments The Trump administration is ratcheting up regulation of e-commerce shipments from China by removing a pathway for duty-free, expedited entry that critics say has been exploited by drug gangs and counterfeiters to smuggle illegal products into the U.S.