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Ship repair industry sees uptick as fleet ages
China — home of 17 of the world’s 20 busiest repair yards — remains the industry leader amid the boom.
Over a third of world’s shipping fleet could be hit by imminent US port fees
The fees are projected to cost the top 10 cargo carriers some USD 3.2 bn, most notably China’s Cosco
US tariffs send ocean shipping rates reeling to record lows, hurting carriers
Rates have fallen below the levels needed for carriers to break even
AI industry needs USD 2 tn to meet demand by 2030, report says
To keep up with demand for AI — which is growing at more than double the rate of Moore's Law…
US on global crusade to wrest control of strategic ports from China
The Trump administration is looking to back US and Western firms’ purchase bids for China-controlled ports, the sources said
Could AI prevent deadly fires aboard freighters?
Allianz’ Safety and Shipping Review 2025 report found that 30% of vessel fires in 2025 involved container, cargo, or ro-ro…
Chinese demand surges value of vintage VLCCs willing to brave sanctions
Older ships now trade at a premium compared to newer VLCCs that remain compliant to international sanctions
Oil shadow fleet grows defying Western sanctions
Sanctioned ships are being switched out with newer ones to duck Western levies on vessels moving sanctioned crude
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