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Explosion Damages Crude Oil Tanker Off Libyan Coast Amid Rising Maritime Security Concerns

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A crude oil tanker suffered a serious explosion while transiting the central Mediterranean near Libya, prompting maritime security alerts and fueling concerns over an...

AAL Dammam Delivered As Latest Methanol-Ready Heavy Lifter

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AAL held the naming and delivery ceremony for AAL Dammam, the latest addition to its next-gen Super B-Class fleet, at CSSC Huangpu Wenchong Shipyard...

SSE To Review CSSC-CSIC Merger Forming World’s Largest Shipbuilder

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China’s shipbuilding sector is poised for a major transformation. On July 4, the Shanghai Stock Exchange will convene to review a landmark merger between...

Circle Digital Ventures Joins Global Maritime Forum To Champion Human Sustainability At Sea

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In a meaningful step toward enhancing human sustainability in the maritime industry, the Global Maritime Forum has welcomed Circle Digital Ventures as its newest...

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

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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

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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

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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

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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 Cargo

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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

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