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UK to build up to 12 new attack submarines

From www.bbc.com

The defence review on Monday is expected to recommend the armed forces move to "warfighting readiness".

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UK moving to ‘war-fighting readiness’, Starmer says, as he calls on ‘every part of society’ to play role in defence 

From www.theguardian.com

Prime Minister Keir Starmer has announced the UK military is shifting to "war-fighting readiness" amid rising threats from Russia, unveiling plans for up to 12 attack submarines while committing to increase defence spending to 2.5% of GDP by 2027.Prime minister reveals defence spending plans and says UK must be fastest military innovator in Nato

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US Goods Trade Deficit Falls 46 Percent in April as Imports Crash

From www.ntd.com

Early forecasts signal a spike in second-quarter GDP growth.
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Container ship charter market maintains momentum

From www.seatrade-maritime.com

Given the levels of uncertainty, ratcheted up by the US International Court of Trade’s outlawing of Donald Trump’s tariff wars, charterers remain unclear what lies on the horizon.

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Natural gas availability rises 9.7% in April; LNG imports increase 19.1%

From energy.economictimes.indiatimes.com

The increase in overall availability was driven by a 19.1 per cent rise in liquefied natural gas (LNG) imports, which stood at 2,977 MMSCM in April 2025 against 2,499 MMSCM in the corresponding month of the previous year.

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Trump tariffs live updates: China responds to Trump accusing the US of violating the trade truce

From finance.yahoo.com

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.
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Record Single Day Number of Illegal Boat Crossings on the English Channel

From maritime-executive.com

A record 1,378 illegal migrants are believed to have crossed the English Channel on May 31, the highest figure of crossings yet recorded. 

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Royal Navy Tracks Russian Spy Ship & Warships In UK Waters

From www.marineinsight.com

HMS Dragon, a Type 45 destroyer based in Portsmouth, tracked the Russian intelligence gathering as it stayed near the Outer Hebrides.

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South Africa takes another step on path to creating a national shipping line

From splash247.com

More than a quarter of a century since Safmarine was sold to Maersk, South Africa is slowly gearing up to found another national shipping carrier.  

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Container ship charter market maintains momentum

From www.seatrade-maritime.com

Box ship owners could benefit from stop go tariffs in the US with strong demand for large sized vessels from charterers.

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Spot container freight rates skyrocket

From www.seatrade-maritime.com

Key container shipping freight indexes have surged by as much as 30% over the last week as shippers rush to meet a pause 145% tariffs on Chinese imports into the US.

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A new course direction for the Federal Maritime Commission

From www.seatrade-maritime.com

The Federal Maritime Commission (FMC), is well known for its regulations concerning liner shipping, most recently enforcement of the Ocean Shipping Reform Act (OSRA), enacted in 2022, which put liner carriers under more scrutiny than had been the case previously. 
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Second Bulker Grounds in Øresund off Sweden in a Week

From maritime-executive.com

Swedish authorities are trying to understand why a second bulker grounded in the Øresund area in less than a week. 

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MSC Deploys First 24,000 TEU Boxships to West Africa

From maritime-executive.com

MSC Mediterranean Shipping Company has become the first shipping company to deploy its mega ships to the African continent. 

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Record-breaking Nor-Shipping sets sail

From splash247.com

Celebrating its 60th anniversary Nor-Shipping, this year’s most high-profile maritime gathering, gets underway today with future-proofing a central theme running through the week.  

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Tidewater clinches TotalEnergies PSV fixture

From splash247.com

Offshore support vessel owner Tidewater has picked up a new contract for one of its platform supply vessels in the UK sector of the North Sea. 

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UK sets date for crucial offshore wind auction

From splash247.com

The UK Department for Energy Security and Net Zero (DESNZ) has confirmed that the upcoming offshore wind auction will be set in August. 

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US ethane exports to China hit new roadblock with licence requirement

From www.hellenicshippingnews.com

Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the Commerce Department told exporters to seek licences to export to China, according to trade sources and shipping data.

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Al Seer and BGN launch JV for midsize LPG and product tankers

From splash247.com

Abu Dhabi’s Al Seer Marine, the ADX-listed subsidiary of the International Holding Company (IHC), and B International Shipping & Logistics, an affiliate of Dubai-based energy trader BGN, have formed a new LPG and product tanker joint venture focused on mid-sized vessels. 

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Marubeni to invest in Gearbulk

From splash247.com

Japanese trading house Marubeni Corporation has announced a strategic agreement to invest an unspecified sum in Gearbulk Holding, the world’s largest operator of open-hatch vessels.

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Russia Projects High Demand for its Arctic Shipping Route in the Summer

From maritime-executive.com

Arctic shipping in the Russian-controlled Northern Sea Route (NSR) is poised for major growth this year, with a record number of vessels applying for permits. 

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Indonesia Arrests Two Malaysian Vessels in Crackdown on Illegal Fishing

From maritime-executive.com

Indonesia is continuing its aggressive enforcement efforts to crack down on illegal fishing.

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Research Confirms Digital Port Queuing System Also Cuts Shipping Emissions

From maritime-executive.com

Researchers based in California studied the electronic reservation system established for containerships and have now concluded that the digital port queuing system is low-hanging fruit that can help drastically cut shipping emissions. 

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Task Force Makes Another Drug Burst in the Arabian Sea Aided by Drones

From maritime-executive.com

The international effort to maintain security in the Arabian Sea is reporting another significant drug seizure again aided using new technology. Last week, the UK Royal Navy frigate HMS Lancaster, which was part of a CTF 150 routine patrol in the North Arabian Sea, identified a suspicious small cargo dhow transiting the area.

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Eregli Shipyard Builds Tugboats for General Directorate of Coastal Safety

From maritime-executive.com

Eregli Shipyard proudly announces its latest achievement: being awarded the tender by the Directorate General of Coastal Safety (KEGM) for the construction of two of Turkiye’s most powerful escort tugboats—each measuring 42 meters in length and delivering an impressive 130 tons of bollard pull.

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