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In October, a German navy ship completed sensor accuracy testing at the Naval Undersea Warfare Center (NUWC) Division Newport’s Atlantic Undersea Test and Evaluation Center (AUTEC) for the first time, marking a milestone for both Germany and…
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297China’s soybean imports reached their highest November level since 2021, a Reuters calculation based on customs data showed on Monday, with full-year arrivals set for a record amid strong purchases from South America and a U.S. trade truce. The world’s top soybean buyer brought in 8.11 million metric tons in November, the General Administration of ...
https://www.hellenicshippingnews.com/china-set-for-record-2025-soybean-imports-on-brazil-buys-us-trade-truce/China’s state-run shipping COSCO, the world’s largest shipowner, has placed a massive order for 87 newbuildings with yards under China State Shipbuilding Corp (CSSC), sealing the largest single domestic shipbuilding contract ever awarded in the country. The deal, worth more than RMB50bn (about $7.07bn), includes containerships, tankers, bulk carriers and multipurpose vessels, and will be …
https://splash247.com/cosco-supercharges-expansion-with-7bn-order-for-87-ships/
https://splash247.com/cosco-supercharges-expansion-with-7bn-order-for-87-ships/China’s trade surplus has smashed through the $1trn mark in the first 11 months of 2025 – a record that underscores how dramatically global container flows have shifted this year, even as trade with the US slumps nearly 29%. The headline figure, released by Chinese customs, highlights two simultaneous trends that have reshaped the global …
https://splash247.com/chinas-1trn-trade-surplus-reshapes-global-container-flows-in-2025/
https://splash247.com/chinas-1trn-trade-surplus-reshapes-global-container-flows-in-2025/Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.Brent crude futures were down $1.07, or 1.68%, at $62.68 a barrel by 11:05 p.m.
https://www.marinelink.com/news/oil-prices-fall-iraqi-production-restored-533247
https://www.marinelink.com/news/oil-prices-fall-iraqi-production-restored-533247German warship builder TKMS expects to decide in the next few weeks on whether to buy neighbouring shipyard German Naval Yards Kiel (GNYK), its CEO Oliver Burkhard said on Monday, as the group considers expansion to meet rising demand.TKMS, which was spun off from parent Thyssenkrupp in October…
https://www.marinelink.com/news/tkms-decide-german-naval-yards-kiel-533250
https://www.marinelink.com/news/tkms-decide-german-naval-yards-kiel-533250Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med.Nador West Med…
https://www.marinelink.com/news/morocco-open-two-deepwater-ports-533252
https://www.marinelink.com/news/morocco-open-two-deepwater-ports-533252China'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…
https://www.marinelink.com/news/china-trade-surplus-tops-trillion-nonus-533254
https://www.marinelink.com/news/china-trade-surplus-tops-trillion-nonus-533254Yara and Air Products have advanced negotiations to partner on low-emission ammonia projects.Yara has matured a project portfolio for potential investment in cost competitive US ammonia to diversify its energy position and increase competitiveness…
https://www.marinelink.com/news/yara-confirms-us-ammonia-strategy-533255
https://www.marinelink.com/news/yara-confirms-us-ammonia-strategy-533255Havila Shipping has not had its case upheld in Oslo District Court and will appeal the judgment.In January and March, the company filed a lawsuit against DnB Bank ASA, Danske Bank AS NUF, and Swedbank AB (publ).The banks have maintained that…
https://www.marinelink.com/news/havila-appeal-oslo-court-decision-533257
https://www.marinelink.com/news/havila-appeal-oslo-court-decision-533257