Wiernicki to step down at ABS, reflecting on a transformative leadership legacy and future challenges ahead.
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The U.S. Trade Representative (USTR) has announced new measures targeting China’s maritime sector, including a phased fee structure and tariffs, aimed at boosting American shipbuilding and economic security.
Singapore is gearing up for a pivotal general election on May 3, 2025, as Prime Minister Lawrence Wong seeks a mandate to address pressing economic concerns amid escalating global trade …
Shipyards
Hanwha Ocean to Construct LNG Carriers in Pennsylvania to Comply with U.S. Trade Regulations
South Korea’s Hanwha Ocean is set to leverage its extensive experience in building liquefied natural gas (LNG) carriers by establishing operations in Pennsylvania. This move comes in response to new …
Seafarers worldwide are poised to receive a significant pay increase following a landmark agreement reached at the International Labour Organization (ILO) in Geneva. The new minimum wage for able seafarers …
Cosco criticizes U.S. trade actions as discriminatory, affecting global shipping amid rising geopolitical tensions. Industry groups support Cosco’s stance as service cuts and pricing pressures arise.
Syria has received its first wheat shipment since the ouster of former President Bashar al-Assad, marking a significant milestone in the country’s recovery efforts. The cargo, which arrived at the …
China’s iron ore and coal imports fell significantly in March 2025, reflecting economic challenges and shifting demand patterns, while crude oil imports rose.
Disney Cruise Line’s newest ship, the Disney Adventure, floated out in Germany, marking a significant expansion in the cruise industry with plans for year-round operations in Asia.
Explore the impact of the trade war on global shipping as major companies cancel freight sailings from China, leading to economic strain and logistical challenges.