The global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges to… Weiterlesen »Global Trade Braces for the Hangover After Trump’s Tariff Year

A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest… Weiterlesen »‘Scrapped’ Tanker Rises From the Dead: Inside Venezuela’s Expanding Zombie Fleet

Global container shipping rates climbed 1% this week to $2,213 per 40-foot container, marking the fourth consecutive weekly increase as carriers capitalized on sustained demand… Weiterlesen »Container Shipping Rates Extend Gains as Year-End Demand Surges

The Trump administration’s abrupt decision this week to suspend construction on five major offshore wind projects has sent shockwaves through the energy sector, leaving billions… Weiterlesen »Billions in Limbo: Offshore Wind Industry Reels as Trump Administration Halts Major Projects

Hanwha’s Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S.Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according… Weiterlesen »Hanwha Signals Philly Shipyard Ready to Build U.S. Nuclear Submarines

The White House has ordered U.S. military forces to focus almost exclusively on enforcing a “quarantine” of Venezuelan oil for at least the next two… Weiterlesen »White House Orders U.S. Military to Enforce Venezuela Oil ‘Quarantine’ 

North Korean leader Kim Jong Un observed construction of a submarine with his daughter, a potential heir, and oversaw the test-firing of long-range surface-to-air missiles, state… Weiterlesen »First Look: Kim Signals New Era for North Korea’s Navy With Nuclear-Powered Submarine

Venezuela’s ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or… Weiterlesen »Venezuela Passes 20-Year Prison Law Targeting ‘Piracy’ and ‘Blockades’ After Tanker Seizures

Sovcomflot PJSC, Russia’s largest shipping company, received the first domestically built ice-class tanker to expand the fleet of ships hauling super-chilled gas from the blacklisted… Weiterlesen »Russia Delivers First Home-Built Ice-Class Tanker for Sanctioned Arctic LNG 2

Ukraine’s food exports have already been harmed by intensified Russian attacks on ports this month, which could lead to a significant drop in trade despite efforts… Weiterlesen »Ukraine Warns Food Exports at Risk After Russia Drone Strikes on Ports