World.

Shipbuilding Labor talks hit fresh snags after tentative deal rejected


This year’s wage and collective bargaining negotiations in the shipbuilding industry are drifting back into uncertainty just as they appeared to be nearing a conclusion. Following the rejection of a tentative agreement between HD Hyundai Heavy Industries and its union in a membership vote, a court ruling recognizing Hanwha Ocean’s obligation to negotiate with a subcontractor union has reignited…

BIMCO Shipping Number of the Week


Bulker Panama Canal transits drop 22% amid higher competition for transit slot "Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for…

ISSPL Limited Files Draft Red Herring Prospectus for proposed SME IPO


ISSPL Limited, (formerly known as “IRClass Systems and Solutions Limited” and “IRClass Systems and Solutions Private Limited”) (“ISSPL”), a provider of testing, third party inspection certification…

Transito launches Total Freight as low-water challenges on the Rhine persist


Dutch chartering company Transito has launched Total Freight, a new service combining sea freight and inland shipping under one contract, as low water and other disruptions continue to complicate…

Protecting the Croatian coastline from overboard pollution


When marine tourism leaves more than a drop in the ocean The coastline around Croatia is renowned for its crystal-clear seas attracting large numbers of charter yachts, cruise ships, and pleasure…

Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets


Iran threatened to respond to U.S. “economic warfare” with a maritime exclusion zone across the Persian Gulf, while Iranian-backed Houthi attacks on Saudi Arabia escalated tensions around regional…

China’s strong trade growth continues, driven by tech demand


Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July and broadly in line with market expectations (market: 25.9%, ING:…

Capesize in Focus — C3 at a Multi-Year High as Ordering Accelerates


The Capesize market strengthened sharply over the week, led by sustained momentum in the Atlantic. The Baltic Capesize Index (BCI) rose by 950 points to 6,286, while average C5TC earnings increased…

xclusiv S&P Report 27th July 2026


Pls find below the [xclusiv] S&P Report 27th July 2026 [xclusiv] 2026_07_27  

Charting a New Course: Countering China’s Dominance in Global Shipbuilding


Matthew Funaiole testified before the House Foreign Affairs East Asia and Pacific Subcommittee about how China’s increasing dominance in global shipbuilding threatens both U.S. competitiveness…

Houthi attacks raise fears of wider Middle East conflict and more global economic damage


Yemen’s Houthi fighters claim to have attacked shipping in the Red Sea – a move that threatens to further escalate the already volatile situation in the Middle East. By forcing ships to turn back…

Middle East Conflict: Red Sea Crossings Down By Further 50% As Disruption “Spreads”


Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the Middle East conflict, with disruption “spreading” to…

Tankers: VLCC Market Keeps Grinding Higher


Clean LR2 The TC1 75kt MEG/Japan index continued to move up this week by 48 points to WS499. A voyage west rose in value again over this week with the TC20 90kt MEG/UK-Continent index going from…

Hormuz, Malacca and other key straits spawn tensions throughout history


As Iran tightens its grip on the Strait of Hormuz, its Yemeni allies, the Houthi rebels, want to disrupt shipping in the Red Sea to and from Saudi ports and could possibly disturb traffic in another…

VOYWAR 1993: Alternative Voyage Orders and Frustration


A recently published London Maritime Arbitrators Association (LMAA) award, London arbitration 8/26, has provided some useful guidance on the interpretation of VOYWAR 1993, in particular the…

Lloyd’s Register to create strategic global operating model for ArcelorMittal’s dry bulk terminals


The collaboration will create a strategic, auditable and scalable operating model to strengthen safety, reliability, governance, ESG performance, resilience and long-term value across ArcelorMittal’s…

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