Singapore Strait Shipping Faces Surge in Armed Robbery Incidents
Armed robbery incidents in the Singapore Straits surged to 57 in the first half of 2025, making up over 60% of global cases.
Most attacks involved boarding of large vessels, often with weapons,...
Ammonia-Powered Ships: Pioneering the Future of Green Shipping
Ammonia is rapidly gaining traction as a potential alternative fuel for maritime transport, offering a promising route toward decarbonization. When produced using renewable energy, green ammonia emits no carbon dioxide during combustion and can...
US Tariff Uncertainty Weighs on Transpacific Shipping
Key insights:
1. President Trump signed an executive order extending the reciprocal tariff pause for a long list of US trading partners from July 9th to August 1st, as only one agreement has been signed...
Xeneta Snapshot: Ocean Container Rates Climb Amid Capacity Crunch
According to Xeneta’s Weekly Ocean Container Shipping Market Update for July 8, 2025, global ocean freight rates are climbing sharply, driven by persistent port congestion, equipment shortages, and a strong rebound in demand. Both...
[Watch]Houthis Unleash Explosive Assault on Cargo Ship in Chilling Footage
Yemen’s Houthi rebels have released a disturbing video that captures the moment they stormed and sank a commercial cargo ship in the Red Sea. The footage shows armed militants boarding the vessel, using automatic...
China Redirects Exports Through Southeast Asia to Bypass Tariffs
Chinese companies are reportedly redirecting exports through Southeast Asia to bypass US tariffs. Direct shipments from China to the US dropped by 43% in May, yet China’s exports overall increased by 4.8%.
This...
South Korea Urges U.S. to Exempt Car Carrier Ships from Tariffs
South Korea requests that the U.S. exempt car carrier vessels from Section 232 steel and aluminum tariffs.
Tariffs threaten competitiveness of Korea’s auto exports by raising shipping costs.
Seoul emphasizes global trade importance...
CSSC To Become World’s Largest Shipbuilder After Mega Merger
China Approves Largest A-Share Merger in Shipbuilding History.
CSIC to Be Delisted as CSSC Takes Over Assets and Workforce.
Merger Aims to End Internal Competition and Boost Naval Strength.
China State Shipbuilding Corporation Limited...
Antifouling Conference 2025 Set for Gothenburg with Global Expert Lineup
Over 30 Experts to Speak on Innovation, Regulation, and Biofouling Control.
Stena Bulk Sponsors Global Forum on Antifouling Technologies.
I-Tech AB Highlights the Need for Cross-Sector Collaboration in Biofouling Management.
This year’s agenda is...
Everllence Lands First Order for 175DF-M Methanol Engine
Dual-Fuel Methanol GenSets to Power New European Superyacht.
Delivery of 175DF-M Engines Scheduled for July 2027.
Strong Industry Interest in Methanol-Ready and Retrofit Vessel Concepts.
Everllence has just made a big splash by announcing...