Author: propellerclub

MARITIME NEWS 1-31-25

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Global Shipping

Hapag-Lloyd Reports Strong 2024 Results Ahead of Gemini Launch

Container Spot Rates Slip as Lunar New Year Lull Kicks In

Ocean Freight Rates Expected to Drop as Middle East Ceasefire Takes Effect

Maritime Collaboration

Maersk and Hapag-Lloyd Launch Gemini Cooperation, Reshaping Global Container Shipping

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Atlantic Shores Presses On After Shell’s $1 Billion Offshore Wind Exit

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MARITIME NEWS 1-30-25

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Shell Bails on Billion-Dollar Offshore Wind Bet as Trump Cracks Down

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MARITIME NEWS 1-29-25

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Panama Canal

Senator Cruz: China’s Panama Canal Strategy Poses ‘Acute Risks to U.S. Security’

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Surging Container Imports Signal U.S. Economic Strength

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MARITIME NEWS 1-28-25

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Georgia Ports Authority Reports Strong Growth, Major Infrastructure Expansion in Early 2025

U.S. Transportation

Sean Duffy Confirmed as Trump’s Transportation Secretary

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Senate Hearing Grills Chinese Influence Over Panama Canal Amid Trump’s Call for US Control

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MARITIME NEWS 1-27-25

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Red Sea

Red Sea Crisis Pushes Shipping Stores and Spares Costs Higher

Decarbonization

NYK Group Launches CO2 Removal Initiative, Targets 100,000-Ton Emissions Cut by 2030

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Nine Charged in Massive Smuggling Scheme at Ports of Los Angeles and Long beach

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Port Electrification

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MARITIME NEWS 1-24-25

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U.S. Port News

Port of Los Angeles Hits Second-Best Year in 2024

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CHINA’S TAKE OVER OF TAIWAN COULD HAVE “REVOLUTIONARY IMPACT” ON U.S. NATIONAL SECURITY

CHINA’S TAKE OVER OF TAIWAN COULD HAVE “REVOLUTIONARY IMPACT” ON U.S. NATIONAL SECURITY

CHINA’S TAKE OVER OF TAIWAN COULD HAVE “REVOLUTIONARY IMPACT” ON U.S. NATIONAL SECURITY

If China takes over Taiwan, it would be “the most revolutionary situation in security terms in East Asia since the rise of Japanese power in the 1930s and the outbreak of World War II”, according to Peter Enav, Editor of the Taiwan Strait Risk Report.

Enav emphasized that President Donald Trump’s decision to support Taiwan or accede to a Chinese take-over is a critical national security question.

Reflecting concerns in Japan, a January Nikkei Asia report worries that in upcoming negotiations between the Trump Administration and China: “Beijing may request that the U.S. change its wording on Taiwan, shifting, for instance, from “not supporting” Taiwanese independence to “opposing ” it.” [1]

Enav warned that increased Chinese pressure on Taiwan could lead to restrictions on ocean shipping to the island, higher marine insurance rates and possible restrictions on the sale of high-end semiconductors, made in Taiwan, to the United States.

Enav spoke at a Propeller Club of Northern California webinar produced in cooperation with the California State University Maritime Academy on January 21, 2025.

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MARITIME NEWS 1-23-25

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U.S. Port News

Texas Ports Resuming Operations After Sinter Storm

Suez Canal

Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says

Panama Canal

Rubio to Visit Panama Amid Trump Push to Take Back Canal

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Suez Canal

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U.S. Ag Trade

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MARITIME NEWS 1-22-25

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U.S. Port News

Port of Long Beach Shatters Record with 9.6 Million TEUs in 2024

U.S. Offshore Wind

Trump Halts All Offshore Wind Leasing, Orders Review of Existing Projects in Day One Executive Action

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MARITIME NEWS 1-21-25

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U.S. Coast Guard

US Coast Guard’s New Icebreaker ‘Aiviq’: A Capable Addition to Arctic Operations or a Flawed Stopgap Solution?

U.S. Trade

Trump Plans to Impose 25% Tariffs on Mexico, Canada by Feb. 1

Trump’s Trade Policy Uncertainty Could Send Ocean Freight Rates Higher, Xeneta Warns

Trump Orders Sweeping Trade Review on First Day

South Korean Shipbuilding

Hydrogen Breakthrough: South Korean Shipbuilder Secures ABS Approval for Next-Gen Tank Design

U.S. Maritime

Trump Designates Lou Sola as New Federal Maritime Commission Chairman

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MARITIME NEWS 1-20-25

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U.S. Trade

Are US Shippers Ready for an Emergency Order on Tariffs?

Trump’s Trade Reset: No Immediate Tariffs, But Global Supply Chains Brace for Impact

Global Trade

Drewry: Shipping Lines Cautious on Suez Return

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Chinese Ports

U.S. Port News

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MARITIME NEWS 1-17-25

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U.S.-China Tensions

USTR Investigation Finds China’s Maritime Playbook ‘Unreasonable’ as U.S. Shipbuilding Hits Historic Low

U.S. Shipbuilding

Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract

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