There have been so many attacks in the Strait of Hormuz that the true number has become difficult to tally

The sheer number of attacks on commercial vessels around the Strait of Hormuz has made it difficult for the UK Maritime Trade Operations (UKMTO) to keep track. On this increasingly dangerous waterway, most attacked vessels no longer report incidents directly.

The U.S. plans to clear “shadow fleet” vessels—can that curb soaring freight rates?

The U.S. wants to lower soaring tanker freight rates by “exempting and releasing” vessels, but only about 24 VLCCs could realistically return to mainstream trade, so the market may still find little relief.

16 Grain Carriers! COSCO Shipping Bulk Places a Major Newbuilding Order

On the morning of October 17, the Conference Commemorating the 160th Anniversary of the Founding of Fujian Shipbuilding and the Fujian Shipbuilding Industry Group Strategic Cooperation and Development Conference was successfully held in Fuzhou. Under the theme “Green and Smart, Linking to the Deep Blue,” the conference brought together representatives from financial leasing institutions, shipowner customers, classification societies, design companies, core equipment suppliers, and upstream and downstream partners across the industrial chain.

Piracy has declined, but the region remains a danger zone!

The International Chamber of Commerce (ICC) International Maritime Bureau (IMB) recently released a report stating that in the first nine months of 2026, 51 incidents of piracy and armed robbery against ships were reported worldwide, the lowest for the corresponding period since 1992.

Cyprus comes to China in search of shipping business.

According to Cypriot media reports, Cyprus is seeking to expand its shipping business in China.

CMA CGM ship threatened? French warship shoots down drone in the Red Sea’s Bab-el-Mandeb Strait

According to a report by the French newspaper Le Monde, a French frigate recently shot down a drone near the Bab-el-Mandeb Strait at the southern end of the Red Sea after the warship deemed it a threat to a CMA CGM container ship entering the Red Sea.

BYD: Over US$1 Billion to Buy 10 More Ships

Recently, BYD Executive Vice President Li Ke (Stella Li) confirmed in an interview with 21News that the company has “bought another 10 ships.” The statement laid to rest earlier market speculation that BYD had placed additional orders for roll-on/roll-off (RoRo) car carriers, and once again brought “automakers building their own fleets” — a new trend in the shipping industry in recent years — into the spotlight.