Business, Commodities & Shipping News 2026

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China’s 70% Monopoly: The 2026 Shipbuilding Report​

May 29, 2026 What's Going on With Shipping - Maritime Industry Today
China has officially taken over the global shipbuilding industry, grabbing a staggering 70.9% of the market share. In this annual review, Sal Mercogliano breaks down the latest findings from the 2026 BRS Shipbuilding Report to reveal how South Korea, Japan, and the West are falling behind, and what this means for the future of global trade.
Time stamp can be found below the vid on youtube.


29:35

- BRS Annual Reports https://brsshipbrokers.com/publications
- The Geography of Transport Systemshttps://transportgeography.org/
 

Philly Shipyard growth is waiting on action from the White House​

Visitors to Hanwha Philly Shipyard, such as U.S. Sen. Andy Kim (D., N.J.), who toured the South Philly yard for the first time Thursday, are often impressed by the scale of vessels under construction there, welded, wired, and piped into sections in soaring sheds and assembled in the neighboring dry dock by crane operators.

But compared to Hanwha’s mother shipyard on Geoje Island, South Korea, the much smaller South Philly yard has a long way to go before realizing last year’s promises of billions in financial support by the company, made by South Korean President Lee Jae-myung and President Donald Trump, who pledged “Philly Shipyard will become the most successful shipyard in the world.”

More:

https://www.msn.com/en-us/travel/ne...-the-white-house/ar-AA24qjgQ?ocid=socialshare
 

How to navigate Posidonia from someone who has learned the hard way​

Karen Martin, global brand ambassador for ShipMoney, has this exclusive advisory for the tens of thousands descending on Athens for shipping’s most extravagant show. Let me set the scene. It’s Tuesday evening at Posidonia. You’re on your fourth event of…

Splash Wrap: And so to Athens​

The Hormuz shipping crisis – now closing in on 100 days – showed little sign of coming to an end anytime soon.“Despite the imminence of an imminent ceasefire/MoU/peace deal/insert random unlikely term to represent progress here, the situation between the…
 
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