International Maritime & Trade Finance Policy Council

JERA Advances Commercial Ammonia Shipping Plans from the U.S. to Japan Maritime Cargo Chronicles (MCC) reports that Japan’s largest power producer, JERA, has taken a major step toward establishing the country’s first commercial-scale ammonia fuel import chain, advancing plans to ship low-carbon ammonia from Louisiana, United States, to Japan. The development follows the signing of long-term time charter agreements with NYK Line and Mitsui O.S.K. Lines (MOL), covering the cons

Maritime Cargo Chronicles – MCC Extra | December 2025 The rapid expansion of global shipbuilding orderbooks in 2024–2025 has reignited industry debate over whether shipping is once again heading toward an oversupply crisis reminiscent of 2008. While headline numbers suggest a sharp rise in newbuilding commitments, a closer examination reveals that today’s orderbook surge is structurally and strategically different from the pre-financial-crisis boom. One of the most critical d