NewsBite

Shipping

Yesterday

Global shipping lines are preparing to skip ports and adjust voyage schedules amid expectations demand for consumer goods will drop following the new US tariffs.

Trump trade war shakes up shipping and ripples to Australia

International shipping lines are cancelling scheduled port calls or entire voyages and some are preparing to idle vessels with crew aboard as cargo volumes drop.

March

Exports on the docks at Port of Baltimore.

Trump’s massive shipping fees threaten US trade

The president’s plan to slap huge fees on China-linked ships is starting to choke trade as US exporters struggle to find vessels to send goods abroad.

Deals blowing up is the last thing anyone with any M&A plans want to see.

Australia’s top deal blocker strikes again, target’s shares drop 25pc

In case a market correction and nervous directors are not enough to stall M&A activity, the competition regulator is back in action.

The scene after the North Sea shipping collision.

Blazing tanker spills jet fuel after cargo ship crashes into it off UK

The incident, in which the vessel was holding about 140,000 barrels, is one of the most significant maritime disasters near Britain for many years.

Donald Trump addresses Congress.

How billionaire elites answered Trump’s call on Panama

Li Ka-shing, Larry Fink and Adebayo Ogunlesi picked up the phone and struck a $36 billion deal to take over 43 ports within weeks.

Advertisement
A cargo ship traverses the Panama Canal.

BlackRock buys Hutchison’s Panama ports in victory for Trump

The president had argued without evidence that China had taken over the critical waterway and that the US was paying too much for the passage of ships.

No president since World War II has been more determined to scuttle the remnants of globalisation.

The government spent $500m on trade, but business sees no benefit

After four years of the government trying to streamline international trade, exporters say they are yet to see cost and time savings.

February

Marco Rubio, right, waves after being welcomed by Panama’s Foreign Minister Javier Martinez-Acha upon his arrival at the presidential palace in Panama City.

Rubio tells Panama that Trump wants the Chinese out

The US secretary of state told the Panamanian president that it must reduce China’s control over the canal or face retaliation from the White House.

January

Tankers will arrive on Australian shores in 2026.

Time’s up? LNG imports destined for Australia next year

After years of warnings, importing gas looks to be the only way left to head off an energy shortfall in Victoria, a move likened to “importing sand to the Sahara”.

Woodside could reach a final investment decision this quarter on the Louisiana LNG export terminal on the US Gulf Coast.

LNG exporters brace for wave of new supply

The consensus view that LNG producers are in for some lean years amid a surge in output has been challenged by some analysts.

December 2024

President-elect Donald Trump speaks at the AmericaFest on Sunday (Monday AEDT).

Trump threatens to take back Panama Canal

The president-elect argued that ships were charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans.

November 2024

Xi Jinping and Dina Boluarte at a ceremony to virtually inaugurate the Chancay port.

China’s $2b Peru port faces obstacles from the Andes to the Amazon

While Chancay may rekindle an old dream of integrating South America’s Atlantic and Pacific coasts, there is no effective way to make it happen.

Import-export firms embrace disrupter Neolink

The Challenger winner of the Business-to-Business category uses AI to decipher thousands of pages of shipping paperwork and speed up deliveries.

October 2024

Spirit of Tasmania IV has been built in Finland but will have nowhere to berth when it arrives in Tasmania

Tasmania ferry failures ‘farcical and embarrassing’

Tourists planning to pop their caravans on a big new ship to Tasmania and holiday around the Apple Isle could be stuck on the mainland after state’s “diabolical failure” to build a berth to handle new vessels.

Workers in protective clothing clean up Coogee Beach after it was closed on Wednesday.

Beach bans may last to the weekend in tar ball mystery

Thousands of tennis ball-sized black globules have washed up on some of the city’s most popular beaches, and authorities are worried about a risk to public health.

Advertisement
Striking workers including these pictured at the Port of Savannah in Georgia on Thursday have agreed to go back to work.

US dockworkers agree to suspend strike

The cargo backlog from three days of port closures is likely to take 12 days to clear, according to analysts.

Container ships anchored off the coast of Long Beach, New York.

Dozens of container ships queue at US ports as huge strike continues

At least 45 container ships were lined up outside US ports as the White House heaped pressure on port owners to give workers a pay rise.

August 2024

Kristy-Lee Craker, managing director pf Ship Agency Services.

Chris Ellison’s daughter earns millions for MinRes shipping work

Mineral Resources requires ship owners carrying the group’s iron ore exports to use a shipping agent owned by the daughter of the chief executive, says Ownership Matters.

Saul Cannon, CEO of Port of Melbourne.

The CEO on the front line of the global shipping crisis

The CEO of one of Australia’s largest ports knows a lot can go wrong before the contents of millions of shipping containers reaches our shelves.

The Longford gas plant is slowly being decommissioned, and supply has already been crunched.

Choke in gas supply makes imports, once unthinkable, almost inevitable

Falling production at a large plant and a forecast slide in supply from fields off the south-eastern coast is adding to the anxieties of major users.

Original URL: https://www.afr.com/topic/shipping-hvb