News

Explosion aboard the YM Mobility rocks Ningbo

On August 9th, 2024, a powerful explosion occurred aboard the YM Mobility at the Port of Ningbo, one of China’s busiest ports. The YM Mobility is a 6589 TEU vessel, built in 2011 operating between Asia and the Middle East…

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China 301 Tariffs Postponed

In response to over 1100 comments that have been submitted for review, the Office of the U.S. Trade Representative (USTR) has announced a postponement of the implementation of certain modifications to Section 301 tariffs on Chinese goods, originally set for…

Attacks on shipping continue in the Red Sea

On August 3, 2024, the Houthi rebels launched a missile attack on the Liberian-flagged container ship Groton while it was traversing the Gulf of Aden. This incident marked the first assault in two weeks, after a brief period of calm…

Tropical Storm Debby Impact U.S. East Coast Ports

Tropical Storm Debby is having a significant impact on the southeastern United States. The ports of Savannah, Charleston, and Wilmington are experiencing substantial disruptions as the storm moves slowly through the region, bringing heavy rains and strong winds. Savannah, Georgia…