Over a third of world’s shipping fleet could be hit by imminent US port fees
The fees are projected to cost the top 10 cargo carriers some USD 3.2 bn, most notably China’s Cosco
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The fees are projected to cost the top 10 cargo carriers some USD 3.2 bn, most notably China’s Cosco
Our region is heavily featured in the bloc of member states opposing the potential IMO ruling
Rates have fallen below the levels needed for carriers to break even
What we’re tracking this morning regionally and around the world
The ships are scheduled for delivery in batches between 2028 and 2029
What we’re tracking this morning regionally and around the world
Port Said tops the index ranking at 3rd place globally and 1st regionally
Stories on our radar this morning from around the region
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