Imabari Boosts Stake In JMU To 60% Revive Japan’s Shipbuilding

In a bold move to reclaim Japan’s standing in the global shipbuilding industry, Imabari Shipbuilding, the nation’s largest shipbuilder, has announced plans to increase...

Tariffs, Tensions, And Trade Shocks: Container Shipping Braces

The container shipping industry has been no stranger to disruption—and 2025 is proving to be no different. With trade policies under a second Trump...

Ships Near Strait of Hormuz Transmit Unusual Messages to Deter Attacks

Merchant vessels navigating the tense waters near the Strait of Hormuz have begun broadcasting unconventional radio messages in a bid to prevent attacks amid...

Crude Under Pressure: Global Tensions Lift Prices, Demand Wavers

Oil prices rebound above $85/bbl amid rising geopolitical tensions, particularly in the Middle East and North Africa. Demand outlook remains fragile, with uneven...

Rhine River Levels Drop to Critical Lows, Forcing Vessels to Halve...

A sustained heat wave across Western Europe has led to a significant drop in water levels on Germany's crucial Rhine River, severely disrupting shipping...

Jinglu Shipyard’s New Builds Feature Advanced Environmental and Efficiency Systems

On June 28, 2025, a significant event in the shipbuilding world took place at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard) with...

New Low-Pressure LCO₂ Carriers Promise Cost-Efficient Carbon Transport for Net-Zero Goal

Liquefied Natural Gas (LNG) is increasingly vital in the global energy landscape, serving a dual purpose: enhancing energy security and significantly contributing to emissions...

Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades

The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates....

Surging LNG Demand Drives HD KSOE’s Latest Contract for Specialized Carriers

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a significant contract win, securing orders for four Liquefied Natural Gas (LNG) carriers from...

Friendship Pass Revolutionizes Cross-Border Trade with Unmanned, Smart Port Operations

The Youyiguan Port, also known as Friendship Pass, a critical land gateway connecting China and Vietnam, is on the cusp of a major transformation...