The U.S. launched a barrage of airstrikes against Iran on Tuesday, prompting Iranian retaliation, in the most serious escalation in weeks in a conflict that has driven up global energy prices and weighed on President Donald Trump’s popularity at home.T…
US Launches New Assault on Iran Read More »
China’s state-owned shipping giant COSCO uses concealed equipment on board its ships to spy on military communications near the coastlines of target nations including the U.S., two senior Trump administration officials said.The officials, who spoke on …
US Says COSCO Collecting Intel with Concealed Equipment Read More »
Shipbuilder has amassed an orderbook of close to 400 newbuildings, with dry docks booked until 2030
Shipbuilding heavyweight Hengli raises cash to support ambitious growth Read More »
A series of newbuilding orders were concluded last week, as more owners entered the market. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with contracting spread across the container, …
More Newbuildings Ordered Last Week Read More »
Onboard carbon capture and storage systems (oCCS) could play a significant role in helping shipping reduce CO2 emissions, while alternative fuel supply chains continue to develop, according to a new Lloyd’s Register (LR) report. The report, Applying On…