A sharp drop in shipping rates could be on the cards later this year after tariff-driven demand in the second quarter pulled forward volumes from… Weiterlesen »Asian Container Lines Set for Profit Drop as Tariff Boom Fades

HD Hyundai Heavy Industries Co. has secured a maintenance, repair and overhaul (MRO) contract for the USNS Alan Shepard, a 41,000-ton Lewis and Clark-class dry… Weiterlesen »HD Hyundai Secures First U.S. Navy MRO Contract

An offshore wind auction in Germany ended without a single bid, showing that zero-subsidy contracts aren’t in demand with investors.

President Donald Trump’s additional 25% tariff on India for its purchases of Russian oil could be just the first shot he aims at Moscow’s energy… Weiterlesen »U.S. Weighs Options for Penalizing Russia Beyond India Tariffs

Russian and Chinese naval vessels will conduct joint patrols in the Asia-Pacific following recent exercises in the Sea of Japan, Russia’s Interfax reported on Wednesday.

The Australian Government has approved a Strategic Shipbuilding Agreement (SSA) with Austal Limited that establishes the company’s new subsidiary, Austal Defence Shipbuilding Australia, as the… Weiterlesen »Australian Government Approves Strategic Defense Shipbuilding Deal with Austal

SINOBUNKER, a marine fuel supply subsidiary of state-owned China COSCO SHIPPING Corporation, has successfully conducted what is being reported as the world’s first green marine… Weiterlesen »World’s First Green Ammonia Bunkering Completed by COSCO SHIPPING Subsidiary

The Russian and Chinese navies have practiced hunting and destroying an enemy submarine in the Sea of Japan, Russia’s defense ministry said on Wednesday, days… Weiterlesen »Russian and Chinese Navies Practice Destroying ‘Enemy Submarine’, Days After Trump Move

US President Donald Trump signed an executive order imposing an additional 25% tariff on India over its purchase of Russian energy, the White House said… Weiterlesen »Trump Hits India With Additional 25% Tariff Over Russia Oil Buys

U.S. President Donald Trump signed an Executive Order today imposing a 25% tariff on imports from India, citing the country’s continued purchase of Russian oil.… Weiterlesen »Trump Hits India With Additional 25% Tariff Over Russia Oil Purchases