China's shipbuilding industry has grown by leaps and bounds over the last year, and so have its profits. Last week, privately-held Yangzijiang Shipbuilding reported a record-setting profit of $580 million in the first half, up by 37 percent year-on-year. Yangzijiang is China's largest private shipbuilder, and...
Chinese lessors caught in Iran sanctions crossfire as five ships hit Ofac list | Russia detaining ships for minor infringements...
The Russian Navy's newest ice-class fleet tug has capsized at the pier in St. Petersburg, despite concerted efforts to keep it upright. The Kapitan Ushakov is the latest Project 23470 fleet auxiliary, and was assigned for delivery to the Northern Fleet. It was constructed at the...
China’s influence within the IMO is growing | Norway to begin checking tanker insurance | Cosco-MSC partnership in Hutchison port...
[By: American Association of Port Authorities] Today, the American Association of Port Authorities (AAPA) and a broad coalition of every donor and energy transfer port sent the House and Senate Appropriations Committees and the Energy and Water Development Subcommittees leaders a letter, urging them to reverse a harmful...
China is the default power broker inside the IMO having strategically built a political and technically adept representation, capable of...
With new tariffs putting pressure on international trade, the National Retail Federation today, August 8, issued its outlook for U.S. imports, projecting they will finish 2025 down 5.6 percent or 1.4 million TEU lower than last year. After having adjusted its outlook several times this...
Oil exporters argue shipping’s global carbon-pricing scheme would fail to cut emissions, raise too much money, and disqualify biofuels and...
Four senators from New England have introduced a bill that would compel the administration to speed up hiring for production roles at the Navy's four public shipyards, which provide maintenance for the service's nuclear-powered subs and carriers. The Trump administration rolled out a comprehensive hiring freeze on...
China- and Greece-linked vessels dominate last month’s Bab el Mandeb transits | Houthi-held Hodeidah and Saleef ports still reeling from...
