Saudi Ports Authority Reports Strong 2025 Growth In Container And Cargo Handling

The Saudi Ports Authority (“Mawani”) recorded significant growth in cargo and container handling in July 2025, reinforcing its role as a global logistics hub....

Mexico Reopens Puerto del Norte After 24 Years to Boost US Trade

Tamaulipas Governor Américo Villarreal Anaya inaugurated operations at Puerto del Norte in Matamoros, the first major port to open in Mexico in two decades,...

Ship Recycling Market Set to Surge to $13B by 2030, BCC Research

The global ship recycling market is projected to grow from $9.1 billion in 2025 to $13 billion by the end of 2030, according to...

KCCI Drops 2.91% Amid Steep Decline in Ex-Busan Rates to Europe, US

The latest KOBC Container Composite Index (KCCI) stood at 2,069 points on Monday, according to Korea Ocean Business Corp. (KOBC). The composite index fell...

China, US Clash Over Naval Incident Near Scarborough Shoal

The Chinese navy said it expelled a US Navy ship that entered its territorial waters in the South China Sea, while the US defended...

Port State Control Targets Fire Safety and Navigation Shortfalls in Q2

In the second quarter of 2025, DNV-classed vessels experienced a significant number of detentions during Port State Control (PSC) inspections, with a total of...

Red Sea FAQs: Houthis Assure Safe Passage for ‘Compliant’ Ships

New release of FAQs aimed at legitimising their attacks on Israeli-affiliated ships Experts say it won’t change the shipowners’ operations in the Red...

South China Sea Clash and Narco-Sub Discovery Raise Global Maritime Threats

Fuel costs may rise 3–7% from rerouting in contested waters. War risk insurance premiums climbing 12–15% annually. Singapore port congestion could impact crude...

Panama Canal to Enter Ports Business as Trump-China Feud Simmers

CK Hutchison runs existing ports outside the canal jurisdiction. $8.5 billion capital plan includes ports, pipelines, and reservoirs. Modern cranes to boost efficiency,...

HD Hyundai to Revive Shipbuilding in Subic with $550 Million Investment

200-hectare lease from Agila Subic secured for 10 years. $550 million investment planned over the next decade. Production target set at 10 ships...