Lab Dookhtegan claims to have disrupted communications on 116 Iranian vessels, marking a significant cyber attack coinciding with U.S. military actions against Houthi rebels.

The global shipbuilding industry is witnessing a significant shift as South Korean shipbuilders will benefit from potential restrictions on Chinese vessels. This development could reshape market dynamics and enhance the …

The maritime industry faces escalating challenges by climate change, particularly in offshore construction. As extreme weather events become more frequent, the need for innovative insurance solutions to mitigate financial risks …

The US Navy is seeking assistance from South Korea and Japan to address shipbuilding challenges amid China’s expanding naval fleet.

John Fredriksen acquires a 10.7% stake in Star Bulk Carriers, signaling his continued interest in the dry bulk shipping sector after selling his stake in Golden Ocean.

The Maritime Technologies Forum has released a report aimed at enhancing ship management practices for ammonia-fuelled vessels, addressing safety and operational challenges.

China’s new jack-up barges, designed for amphibious assaults, have been spotted in military drills, signaling preparations for potential operations against Taiwan.

International Container Terminal Services Inc. (ICTSI) has announced a significant investment of $580 million aimed at enhancing its port facilities both locally in the Philippines and internationally by 2025

Maersk partners with SpaceX to equip 330 container ships with Starlink internet, enhancing crew connectivity and operational efficiency.

The U.S. has intensified military strikes against Yemen’s Houthis, vowing to continue until shipping attacks cease, following a deadly airstrike that killed 53.

Trump’s proposed charges on Chinese-built ships could cost container operators up to $5.7 billion annually, impacting the charter market and increasing operational costs.

Seaspan Energy has completed Canada’s first ship-to-ship LNG bunkering in Vancouver, marking a significant milestone in the maritime industry and supporting the transition to cleaner fuels.

Solong captain charged with gross negligence

A serious maritime incident occurred in the North Sea when the cargo ship Solong collided with the oil tanker Stena Immaculate, which was carrying 220,000 barrels of jet fuel. The …

The SHIPS Act aims to revitalize the U.S. maritime industry by enhancing domestic shipbuilding capabilities and fostering international partnerships, particularly with South Korea.

Gulf Navigation progresses with the acquisition of Brooge Energy, enhancing its position in the oil and gas logistics sector with a deal valued at AED 3.2 billion.

Australia has destroyed an Indonesian fishing boat caught illegally shark finning, highlighting its commitment to protecting marine resources and enforcing strict fishing regulations.

The Royal Navy’s maritime security reporting arm has received multiple reports of GPS jamming in the Strait of Hormuz, a key global shipping route known for periodic electronic interference. While …

The Canadian government has officially signed a contract with Seaspan Shipyards for the construction of a new heavy polar icebreaker

The U.S. has imposed sanctions on China’s shipbuilding industry, citing unfair subsidies that threaten American commerce and national security.

CMA CGM announces a $20 billion investment in U.S. maritime and logistics, aiming to create 10,000 jobs and enhance shipping infrastructure.

Houthi attacks on shipping routes in the Red Sea have led to soaring insurance costs, raising concerns about maritime safety and environmental risks.

The U.S. plans to impose fees on ships linked to China, urging allies to follow suit. This initiative aims to strengthen domestic shipbuilding and counter China’s maritime dominance.

The LNG shipping industry is experiencing a major decline as freight rates have reached all-time lows. This drop is due to too many vessels and delays in new liquefaction projects, …

China’s shipbuilding industry secures major contracts worth billions, capturing 75% of global orders in 2024, while facing scrutiny from the U.S. over trade practices.

CK Hutchison has announced a $22.8 billion deal to sell its international ports portfolio, including key terminals in Panama, to BlackRock and MSC, marking a significant shift in global infrastructure ownership.

The ITF and the Philippines have signed an agreement to enhance mental health support for seafarers, marking a significant step in addressing the unique challenges faced by maritime workers.

China Merchants Port Holdings has acquired a 70% stake in Brazil’s only private VLCC terminal, Vast Infraestrutura, enhancing its influence in South America.

https://maritime-hub.com/capesizes-surge-ahead-a-strong-week-in-the-dry-bulk-market/

Explore how US tariffs and geopolitical tensions are threatening the $9 trillion shipping industry, impacting global trade and consumer prices.