Swedish Club outlines U.S. Port Fees Structure and Implementation Timeline
The U.S. will begin charging port fees on Chinese-built and Chinese-operated vessels from October 2025, after a 180-day grace period.
Fees will gradually...
Holland Shipyards Christens Two Wind-Assisted Coasters
Dutch shipbuilder Holland Shipyards Group christened Waalvliet and Rijnvliet, two new wind-assisted diesel-electric coasters, on April 17, 2025.
Commissioned by Hartel Shipping and...
Hanwha Ocean’s Q1 Profit Soars on Strong Sales and Operational Performance
Hanwha Ocean Co. reported a 322.9% surge in net income in Q1 2025, reaching 215.7 billion won (US$149.8 million).
Operating profit jumped 388.8%...
US, Japan to Explore Dual-Use Shipbuilding
U.S. Navy Secretary John Phelan is advocating for dual-use shipbuilding with Japan and South Korea to boost maritime capacity and counter China's expanding...
Beijing Considers Tariff Relief on Select US Goods, Signaling Potential Easing
In a potential sign of easing trade tensions and acknowledging the economic repercussions of the ongoing trade war, China has reportedly begun exempting certain...
Thousands of Sheep Aboard Capsized Vessel in Red Sea, Rescue Efforts...
Disturbing footage shared by activists depicts the vessel in distress, visibly struggling and listing heavily in the waters of the Gulf of Aden due...
Suezmax Market Remains Firm in West Africa, Aframax Shows Regional Variations
The recent publication by the Office of the United States Trade Representative (USTR) of their action plan to address concerns regarding alleged Chinese dominance...
The Silent Enemy: DNV Reveals the Persistent Threat of Corrosion in...
Corrosion within cargo and water ballast tanks poses a substantial and ongoing problem in the maritime industry. Analysis conducted by DNV (Det Norske Veritas),...
DP World Achieves Key Step in Electrifying RTG Fleet with Hydrogen...
A successful initial test of new technology on a Rubber Tyred Gantry (RTG) crane has been completed, marking a significant advancement in DP World's...
New BC Marine Energy And Decarbonization Hub To Propel Clean Energy...
In a bold step toward Canada's clean energy transition, two leaders in British Columbia’s ocean innovation sector have announced a joint initiative aimed at...