Shipping
Second South Korean vessel transits Strait of Hormuz
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Another South Korean-operated vessel has passed through the Strait of Hormuz, the second such case amid regional tensions.
India recycled 2.99 million gross tonnes of ships in 2025, securing a 35.4% global share and becoming the world leader ahead of the 2030 target.
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A Japan-owned vessel passed through the Strait of Hormuz on Friday. The Foreign Ministry said all Japan-linked vessels carrying Japanese crew members have now evacuated the Gulf.
Shanghai is shifting from scale expansion to capacity enhancement to build an international shipping center during the 15th Five-Year Plan period from 2026 to 2030.
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A replacement crew member serving as captain on the detained tanker Sea Owl 1 has been arrested on suspicion of using false documents, Swedish authorities announced on Friday.
China handed over its first domestically designed 180,000-cubic-meter liquefied natural gas (LNG) carrier on Sunday at a shipyard in Nantong, Jiangsu Province. The vessel, Celsius Georgetown, has departed for Singapore, according to media reports.
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One month into disruptions from the Middle East conflict, Trade Cabinet Secretary Lee Kinyanjui warned that Kenya's exports—especially to the key Middle East market worth Ksh164.6 billion—are facing doubled transit times of up to 20 days due to Red Sea and Gulf restrictions, spoiling time-sensitive flowers, coffee, and other goods while hiking freight costs. The government is pursuing alternative routes, port upgrades at Mombasa and Lamu, and market diversification.
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