China
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Shipbuilding
Queue times for commodity vessels off Chinese ports hit highs not seen since 2022
As tensions rise between the U.S. and China, a crucial meeting between President Donald Trump and President Xi Jinping is…
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Bulk Carrier
Everllence Secures Major Engine Order from Dynacom Tankers
Everllence has announced a significant contract to supply two 6G70ME-C Mk10.7 engines for two 159,000 dwt crude oil tankers being…
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Decarbonization
Singapore and China Launch Green Shipping Corridor
In a significant move towards sustainable maritime practices, Singapore and China have formalized their collaboration by signing a Memorandum of…
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Shipbuilding
Trump’s Asia Tour Boosts US-Korea Shipbuilding Alliance
This week, shipyard diplomacy takes center stage as former President Donald Trump embarks on a tour of Asia. A significant…
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Shipbuilding
Trump Enacts Major Sanctions on Russian Oil Giants
In a significant escalation of economic pressure, President Donald Trump has announced extensive sanctions targeting Russia’s leading oil producers, Rosneft…
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China Launches Largest All-Electric Bulk Carrier
On October 24, 2025, China unveiled its largest all-electric bulk carrier, the Gezhouba, in Yichang, Hubei Province. This significant development…
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Shipbuilding
China and India Halt Russian Oil Purchases Amid Sanctions
The global oil market is experiencing significant upheaval as major buyers, including China and India, pause their purchases of Russian…
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Maritime Leaders Unite Amid NZF Delay
In a pivotal gathering just days after the International Maritime Organization (IMO) postponed the Net-Zero Framework (NZF) decision by a…
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Shipbuilding
Japan Launches Major Shipbuilding Revitalization Plan
In a bold move to reclaim its competitive edge in the global shipbuilding industry, Japan’s shipbuilders are proposing a ¥350…
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Shipbuilding
Global Trade Faces New Fractures Amid Geopolitical Tensions
Recent analyses by Neil Shearing, chief economist at Capital Economics, indicate that while globalization is evolving, it is far from…
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