U.S. Ocean Imports from China Plunge Nearly 30% in June After Tariff Hikes
Containerized imports from China fell 28.3% year-over-year in June, stepping deeper into a two-month decline following steep tariff hikes.
U.S. retailers are increasingly...
Korean Lawmaker Backs U.S. Navy Repairs in South Korea for Strategic Edge
South Korean lawmaker proposes ship repair partnership with the U.S. to strengthen bilateral security and economic ties.
Calls for special repair zones and...
Yemen’s Houthi Rebels Attack Another Ship in The Red Sea, Killing 3
DUBAI, United Arab Emirates (AP) — An attack by Yemen’s Houthi rebels on a Liberian-flagged cargo ship in the Red Sea killed three mariners...
Crowley Vessels Awarded for Commitment to Safety
The Chamber of Shipping of America has recognized 57 Crowley-owned or -managed vessels with its Jones F. Devlin Safety Awards, honoring the achievements and...
Huangpu Wenchong Wins Latsco Deal for 1900TEU Feeders
CSSC Huangpu Wenchong Shipbuilding Co., Ltd. joined forces with China Shipbuilding Trading Co., Ltd. (CSTC) to formally sign a contract with Greek shipping giant...
Heidmar Acquires First Container Vessel for $25.25m
Athens-based pool operator and shipmanager Heidmar has announced its first-ever vessel acquisition, marking a strategic shift in the Nasdaq-listed company’s evolution from pure-play management...
Singapore Launches First Fully Electric Tug PXO-ACE-1
CSA and KMG Lead Push for Maritime Decarbonisation.
Electric Tug Features 3 MWh Battery and Digital Twin Tech.
PXO-ACE-1 Designed for Future Methanol...
India Secures Release of Over 150 Seafarers from Ras Isa
Final Vessel MT GAZ GMS Departs Yemen on June 29.
Directorate Confirms All 11 Stranded Vessels Have Sailed.
Airstrike and Houthi Blockade Triggered...
Global Markets Struggle as Trade Policies Fuel Uncertainty
US Inflation Rises After Failed Trade Push, Dollar Volatile.
Oil Prices Drop to USD 66.5 Amid Sanctions and Supply Worries.
Baltic Exchange Slides...
Global Container Volumes Hit Record 16.34 Million TEUs in May 2025
Far East to Europe Route Posts Highest-Ever Export Volume.
North America, South America See Export Declines in May.
Imports Show Steady Growth, Led...