10

Dec

Sixteen Containers Lost from Baltic Klipper: Multi-Agency Response Underway in England

A significant cleanup effort is underway along the West Sussex coast after a cargo ship, the Baltic Klipper, lost 16 shipping containers into the Solent near t...

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10

Dec

Global Seaborne Trade Reaches Historic $35 Trillion as Regional Shifts Reshape Maritime Flows

Global trade is expected to exceed $35 trillion for the first time in 2025, marking a 7% increase from 2024. This growth comes even as geopolitical tension...

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10

Dec

Austal USA Lays Keel for First Offshore Patrol Cutter as Program Faces Headwinds

Austal USA recently celebrated an important moment in the U.S. Coast Guard's Offshore Patrol Cutter program with the keel authentication for the Pickering (WMS...

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10

Dec

U.S. Coast Guard Seizes $1.1B in Cocaine in Record-Breaking Pacific Operation

The U.S. Coast Guard announced on Tuesday that it has seized over 150,000 pounds of cocaine in the Eastern Pacific Ocean since starting Operation Pacific Vip...

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10

Dec

South Korea’s Hanwha, US Defense Startup Vatn to Build Underwater Drones

NEW YORK, Dec 10 (Reuters) – Hanwha Group, a major shipping company from South Korea, has partnered with Vatn Systems, a U.S. defense startup, to create autono...

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09

Dec

HD Hyundai Sets Course for New India Shipyard in Tamil Nadu

HD Hyundai has entered into a strategic partnership with the government of Tamil Nadu to build a new shipyard in India. This move is part of the South Korean s...

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09

Dec

NRF: U.S. Container Imports Face Prolonged Decline in 2026

Major U.S. container ports are expected to see a continued drop in import cargo volume through 2026, mainly due to ongoing tariff fluctuations and changes in t...

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09

Dec

Wallenius Wilhelmsen Secures Nearly $500M in Contract Extensions, Reinforcing Decarbonization Push

Wallenius Wilhelmsen has successfully renewed two important shipping contracts, adding nearly USD 500 million in value. This move shows strong confidence in th...

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09

Dec

China Trade Surplus Tops $1 Trillion for First Time on Non-US Growth

BEIJING, Dec 8 – China's trade surplus has exceeded $1 trillion for the first time. In November, manufacturers aimed to dodge President Donald Trump’s tariffs...

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