China was the world’s largest shipbuilding nation in 2023 across all three measures of output, new shipbuilding contracts and orders-on-hand. It was also achieved double-digit growth across all three in 2023.
Soaring freight rates and an upturn in financial fortunes are in focus at the US’ Federal Maritime Commission (FMC) as disputes with shippers loom.
LNG giant QatarEnergy has reportedly entered into an agreement with Hudong-Zhonghua for the construction of eight Q-Max LNG carriers, as part of its shipbuilding programme.
Feeder operator Regional Container Lines has ordered four 4,000 teu boxships from CSSC Huangpu Wenchong Shipbuilding at a total cost of $56.6 million.
APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the West Bank of Plaquemines Parish.
A bulker owned by US-listed Eagle Bulk Shipping has been struck by an anti-ship ballistic missile according to US Central Command (US Centcom).
The effect of the latest attack on USS Laboon by a Houthi fired anti-ship cruise missile has been for more ships avoid the Suez/Red Sea route as the carriers consider the region unsafe.
Anne Marie Elder and Jarek Klimczak from Marine at AXA XL explore how the maritime industry is navigating through new risks to hit net-zero targets
A group of 22 US senators is applying pressure to the Panama Maritime Authority (AMP) to look into vessels trading oil from Iran.
Frontline has agreed to sell its five oldest VLCCs for a total sale price of $290m.