China
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Shipbuilding
Topside construction underway for Petrobras’ next-gen FPSO
The construction of topside modules for the FPSO P-84, a floating production storage and offloading unit, has officially commenced at…
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Shipbuilding
What to know about the Weihei shipyard chosen by B.C. to build vessels
B.C. Ferries has sparked significant debate by selecting CMI Weihai, a state-owned shipyard in China, to construct four new vessels.…
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Shipbuilding
New Ship Orders Slump Amid US-China Tensions and IMO Vote
New ship orders have reached a historic low in early 2025 as shipowners hesitate to commit to long-term investments due…
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Shipbuilding
Korea, No. 2 in shipbuilding order by volume, looks to spur sales with container
In May, South Korea secured the second-largest volume of shipbuilding orders globally, trailing only China, despite a significant decline in…
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Bulk Carrier
South Africa to Establish Steering Committee for National
South Africa’s Department of Transport has taken significant steps toward establishing a national shipping line, a plan that has been…
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Bulk Carrier
Australia’s plan to protect its trade in war is flawed
As tensions rise between the United States and China, Australia faces significant concerns regarding the safety of its trade routes.…
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Shipbuilding
US Navy to field ‘game-changer’ anti-ship Tomahawk by September
The U.S. Navy is set to introduce an anti-ship variant of its Tomahawk cruise missile on destroyers by late September…
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Bulk Carrier
Mixed Trends in Secondhand Shipping Markets
Recent activity in the secondhand dry bulk and tanker markets has shown a blend of resilience and challenges, with specific…
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Shipbuilding
Freight Market Faces Decline Amid Weak Demand
The Baltic Dirty Tanker Index (BDTI) has seen a significant downturn, dropping 15% over the past month, effectively reversing the…
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Shipbuilding
World’s largest port launches three European green corridor
The Ningbo-Zhoushan port in China, recognized as the world’s largest by cargo throughput, is spearheading efforts to establish green shipping…
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