Also on Tuesday, new US tariffs came into effect on imported timber, kitchen cabinets and upholstered furniture, much of which comes from China.
US Treasury...
U.S. container import volumes declined sharply in September 2025, falling 8.4% from August to 2,307,933 twenty-foot equivalent units (TEUs), according to Descartes Systems...
South Korean officials are highlighting an uptick in the country’s market share for the newbuilding orders and the potential that they have been able...
Hanwha Group has appointed Thomas Anderson, a former U.S. Navy commander, as the president of the shipbuilding division of Hanwha Defense’s U.S. operations. Anderson’s...
North Korea has likely received technical help from Russia for its submarine development, South Korean Defense Minister Ahn Gyu-back told parliament on Monday.
North Korea...
Zodiac Maritime has placed an order for five conventionally fuelled 6,000-TEU ships at China Merchants Jinling Shipyard, valued at close to US$400 million, reports...
Data released last Thursday showed that U.S. container import volume in September fell 8.4% year-on-year, affected by the ongoing trade turmoil triggered by U.S....
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S....
South Korea’s three major shipbuilders—HD Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries—have seen their order intake for this year reach only 50–70%...