China's trade surplus topped $1 trillion for the first time as manufacturers seeking to avoid President Donald Trump's tariffs shipped more to non-U.S. markets in November, with exports to Europe, Australia and Southeast Asia surging.Shipments to the United States dropped by close to one-third from the same month a year before."The tariff cuts agreed under the U.S.
Israeli forces stopped 14 boats carrying foreign activists and aid bound for Gaza, flotilla organisers said on Thursday, but 23 boats are continuing to sail towards the war-ravaged Palestinian enclave, according to the flotilla's tracking system.A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla's passengers
After developing the technique some five years ago, Aker Arctic has now completed the research required to get its new design methodology for icebreaker hulls accepted into the Finish-Swedish Ice Class Rules. The method has also been adopted to Polar Class rules of several Class Societies (LR, ABS, DNV).
We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m.
Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.Behind these low-profile moves, six shipping executives said, lie concerns that their ships could be commandeered by Chinese authorities or hit with U.S. sanctions in a conflict between Beijing and Washington.
Asia's crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent's top supplier Russia.Asia's imports for the first two months of the year are on track to be 26.17 million barrels per day (bpd), down 780,000 bpd from the 26.
On January 8, 2026, NYK will launch an expert committee dedicated to the long-term preservation of Hikawa Maru, a national Important Cultural Property moored in front of Yokohama’s Yamashita Park.Since 2024, NYK has been conducting surveys on the hull of Hikawa Maru to assess its safety and structural integrity in preparation for large-scale repairs.
Zeabuz announced the launch of its defense and security autonomy platform, unveiled together with Damen Shipyards Group during the Damen Maritime Festival.As part of this launch, Zeabuz has integrated its autonomy system on the ZeaFalcon, a 7-meter Damen HDPE Uncrewed Surface Vessel optimized for defense and security applications.
Conrad Shipyard won the Western Dredging Association (WEDA) Safety Excellence Award in the Dredging Trade Partner category, a recognition that highlights Conrad's commitment to safety, operational excellence, and its partnership with the U.S. dredging industry. Presented late last month during the 2025 WEDA Annual Dredging Summit & Expo
Singapore's offshore services firm Kim Heng has held a christening ceremony for the Bridgewater Discovery, a DP2 geotechnical survey vessel, rebuilt in 2024.With the Bridgewater Discovery vessel, Kim Heng has marked another milestone in its expansion into the renewable business sector.
EDGE, a global technology and defense group, and CMN NAVAL, a naval shipbuilding group specializing in the design, engineering, and construction of naval and commercial vessels and mega yachts, agreed to create a new Abu Dhabi-based shipbuilding joint venture (JV) named AD NAVAL (ADN).
Wärtsilä and Elomatic signed a licensing and cooperation agreement covering the intellectual property rights, technology, and use of trademark of Elomatic’s Elogrid thruster solution.Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance.