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China starts charging fees for US ships as trade tensions rise

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...

Nexans new leadership appointment of Julien Hueber to succeed Christopher Guérin as Chief Executive Officer

Nexans announces that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with...

Descartes: U.S. Container Imports Drop as China Volumes Plunge Ahead of Tariff Deadline

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...

Korea Claws Back Market Share as Global Shipbuilding Market Cools

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 Appoints Former U.S. Navy Rear Admiral as President of U.S. Shipbuilding Unit

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...

South Korea says Russia likely aiding North Korea’s submarine program

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 orders five 6,000 TEUers in China

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...

Trump Tariffs Disrupt Global Trade US Container Import Volume Declines

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 recoups some losses as investors focus on US-China trade talks

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....

Korean Shipbuilders Fall Short of Targets as LNG Orders Drop

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%...
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