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Punit Oza on the business sector’s impossible tightrope. “When governments pull the trigger, companies take the bullet,” he writes. In the escalating trade conflict between the United States, China, and their respective allies, a troubling paradox has emerged: nation-states wage economic warfare while the business sector—their primary weapon—bears the consequences. Like arrows fired from a …
https://splash247.com/navigating-nation-state-trade-wars/
https://splash247.com/navigating-nation-state-trade-wars/Tuesday’s introduction of extra port fees levied by Beijing and Washington, along with this evening’s big vote on the International Maritime Organization Net-Zero Framework, were near constants in terms of headlines in what has been the busiest week of the year for shipping news. “The weaponisation of both trade and environmental policy signals that shipping …
https://splash247.com/splash-wrap-ports-politics-and-power/
https://splash247.com/splash-wrap-ports-politics-and-power/Hong Kong-listed Pacific Basin Shipping is moving half of its bulker fleet to Singapore and reflagging vessels under its Singapore entity to reduce exposure to new US port fees introduced under the USTR Section 301 scheme. The move comes after a review of the April 2025 Annex I provisions, which impose additional fees on Chinese-owned …
The global shipping industry will find out today its green future with one of the most contentious Marine Environment Protection Committee (MEPC) meetings drawing to a close this evening at the London headquarters of the International Maritime Organization (IMO) and the vote on the Net-Zero Framework (NZF) now deemed too close to call. The US …
The Cruise Lines International Association (CLIA) reported in September that the number of member cruise line ships with the ability to use shore power has nearly doubled since 2018.Today, 166 ships are able to plug in at port, a 12% increase from the prior year.
https://www.marinelink.com/news/innovators-tackle-cruise-hotel-loads-531213
https://www.marinelink.com/news/innovators-tackle-cruise-hotel-loads-531213Tsuneishi Shipbuilding has delivered Ten-Oh, Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine.The 38-meter tugboat is equipped with a BeHydro high-output hydrogen dual-fuel engine and a high-pressure hydrogen gas storage system with large-capacity and supply system…
https://www.marinelink.com/news/tsuneishi-delivers-japans-first-hydrogen-531215
https://www.marinelink.com/news/tsuneishi-delivers-japans-first-hydrogen-531215Internal screening by crewing specialists Danica has revealed that between 5% and 10% of job applications for tanker vessels contain false information, due to a strong demand for experienced crew pushing wages upwards. According to the company, the discrepancies range from exaggerated sea service and incorrect vessel types to forged or altered certificates. “The tanker …
https://splash247.com/danica-flags-rise-in-falsified-records-in-tanker-crew-cvs-amid-wage-surge/
https://splash247.com/danica-flags-rise-in-falsified-records-in-tanker-crew-cvs-amid-wage-surge/Kuang Ming Shipping, the dry bulk subsidiary of Taiwan’s Yang Ming Marine Transport, is returning to the newbuilding market with plans approved to order four vessels. The newbuilds, sized between 45,000 and 69,999 dwt, will be capable of transporting major bulks such as coal and grain, along with smaller cargoes including bauxite, fertilizer, cement, steel, …
https://splash247.com/yang-mings-dry-bulk-arm-readies-four-newbuilds-in-fleet-renewal-push/
https://splash247.com/yang-mings-dry-bulk-arm-readies-four-newbuilds-in-fleet-renewal-push/South Korea’s largest shipping company HMM has ordered 12 new 13,000 TEU-class eco-friendly container ships from Korean shipbuilders, as well as two very large container ships, for a total of $2.82 billion.The 12 containerships will be built by HD Hyundai Heavy Industries and Hanwha Ocean…
https://www.marinelink.com/news/south-koreas-hmm-places-b-order-new-ships-531168
https://www.marinelink.com/news/south-koreas-hmm-places-b-order-new-ships-531168Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel…
https://www.marinelink.com/news/deme-welcomes-norse-wind-wtiv-giant-531171
https://www.marinelink.com/news/deme-welcomes-norse-wind-wtiv-giant-531171