South Korea Banks on Shipbuilding to Offset U.S. Tariff Pressure
As South Korea negotiates a suspended 25% U.S. tariff, its globally competitive shipbuilding sector is gaining strategic relevance in trade discussions.
Once a...
DHT Holdings Announces $107M Deal for Modern Crude Carrier
DHT Holdings will acquire a 2018-built VLCC from Hyundai Heavy Industries for $107 million, with delivery expected in Q3 2025.
The vessel, equipped...
Geopolitical Shifts and Regulatory Moves Challenge Ship Recycling Sector
Oil prices dipped slightly as markets reacted to Iran’s potential closure of the Gulf of Hormuz, raising supply concerns.
The Indian sub-continent’s ship...
Global Shipping Firms Balance Operations and Risk Near Strait of Hormuz
CMA CGM, Maersk, and ZIM report continued operations, with increased monitoring in place.
Maersk and Hapag-Lloyd have reduced or paused services to Israel’s...
Hormuz Advisory Issued as Freight Rates Spike and Threat Levels Climb
Greece advised its shipowners to reassess transits through the Strait of Hormuz due to rising regional tensions.
Vessels choosing to transit are urged...
Iran’s Missile Retaliation Rocks US Bases in Gulf Region
Iran launched at least 10 missiles targeting U.S. military bases in Qatar and Iraq, including Al Udeid Air Base and Ain Al Asad...
Trump Calls on Oil Producers to Ramp Up Amid Iran Strait Fears
Trump urges the U.S. and global oil producers to ramp up output to stabilize volatile markets.
Tensions flare after U.S. strikes on Iranian...
US Calls on China to Deter Iran Strait Closure
The US calls on China to leverage its ties with Iran to keep vital oil routes open.
Threats to close the Strait of...
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Sell off after Iran refrains from disrupting oil supplies through Strait of Hormuz
Oil gives up early 5% gain
Trump tells everyone to...
Germany and Latvia Launch Baltic Cable Defense Pact
Germany and Latvia launch joint efforts to protect undersea cables and infrastructure in the Baltic Sea.
The initiative responds to growing security concerns...
- Advertisement -
APLICATIONS
Jiangnan Shipyard Delivers Dual-Fuel VLEC Gas Huanghe
Jiangnan Shipyard, a subsidiary of China Shipbuilding Group, has officially delivered Gas Huanghe, the second ship in the 99,000 cbm dual-fuel very large ethane...
