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On April 25, 2025, a U.S. airstrike targeted the Houthi-controlled Ras Isa oil port in Yemen’s Hodeidah province, injuring three Russian sailors aboard the oil tanker Seven Pearls. The vessel was docked and preparing to unload its cargo when the strike occurred. The injured crew members—Roman Kashpor, Igor Kazachenko, and Artyom Vanin—were rescued by Yemeni […]

Russia has initiated the design of nuclear-powered submarines intended to transport liquefied natural gas (LNG) from Arctic regions to Asia via the Northern Sea Route (NSR). This initiative aims to facilitate year-round LNG shipments, circumventing the limitations of surface vessels that require icebreaker assistance during harsh Arctic conditions. The proposed submarines are envisioned to be

The U.S. Treasury emphasized that these sanctions are part of a broader effort to cut off funding sources for the Iran-backed Houthis, who have been responsible for destabilizing actions in the Red Sea region, including attacks on international shipping lanes. ​ Deputy Secretary of the Treasury Michael Faulkender stated, “Today’s action underscores our commitment to

​ On April 28, 2025, China achieved a significant milestone in its maritime industry with the successful float-out of its second domestically built large cruise ship, the Adora Flora City. Constructed by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), the vessel was commissioned by Adora Cruises, a Chinese

​ China’s State Administration for Market Regulation (SAMR) has issued a stern warning to Hong Kong-based conglomerate CK Hutchison Holdings, emphasizing that its proposed $22.8 billion sale of a majority stake in its global ports business to a consortium led by BlackRock and Mediterranean Shipping Company (MSC) must undergo proper antitrust review. The regulator cautioned

​ Mitsubishi Shipbuilding Co., Ltd., a subsidiary of Mitsubishi Heavy Industries, has christened its latest car ferry, KEYAKI, marking a significant addition to Japan’s maritime transport fleet. The vessel is being constructed for Shin Nihonkai Ferry and is set to enhance passenger and cargo services between Maizuru in Kyoto Prefecture and Otaru in Hokkaido.​ The