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S itting on either end of the Panama Canal are two massive ports operated by the same Chinese company. Any disruption at the waterway—the conduit for roughly 40% of US container
Politico has reported that China’s Commerce Ministry has also agreed to suspend retaliatory port fees. According to the New York Times, Trump was happy with the outcome of the meeting, telling reporters that “I guess on the scale from 0 to 10, with 10 being the best, I would say the meeting was a 12.”
"Given this is a time-limited suspension it would likely see shipping lines maintain a deployment stance whereby they to some degree still abide by the restrictions and certainly keep a plan for vessel-reshuffling handy," Jensen, CEO of container consultancy Vespucci Maritime, said in a LinkedIn post on Thursday.
China is the world’s largest commodity importer, and vessel snarls — if prolonged — could ripple through the global supply chain.
The U.S. and China agreed to suspend tit-for-tat port fees on each other’s ships for one year as part of a trade-war truce reached Thursday by President Trump and Chinese leader Xi Jinping. Washington
The new corridor will promote alternative fuel development and low-carbon shipping between Ningbo-Zhoushan and Haropa Port.
China’s comments come just hours after trade representative Jamieson Greer said the U.S.’s focus is still very much on reviving American shipbuilding.
The MOU to establish the Singapore–China Green and Digital Shipping Corridor was signed on Oct 19 by Singapore’s Acting Transport Minister Jeffrey Siow and China’s Transport Minister Liu Wei.
A Chinese container ship has embarked on a groundbreaking voyage through the Arctic, launching what Beijing calls an “Arctic Express” corridor to Europe. The vessel, Istanbul Bridge, is expected to complete the journey in just 18 days—nearly halving the time compared with traditional sea lanes.
The South China Sea Shipping Safety and Development Report (2025), compiled by a team of experts from Dalian Maritime University, was officially released on Friday. As the world’s first comprehensive study to systematically analyze the three major elements of South China Sea shipping—ports,
Dry-bulk shippers are watching to see when Beijing will resume purchases of US soybeans amid China-US trade talks, said Genco Shipping & Trading Ltd. Chief Executive Officer John C. Wobensmith.