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Iran Seizes Two More Vessels Accused of Fuel Smuggling

Iranian officials reported on Thursday, February 5, that the Islamic Revolutionary Guard Corps had seized two more vessels accused of fuel smuggling. While Iran has taken similar actions in the past as part of a crackdown on smuggling, today’s seizures drew additional international attention due to the regional tensions. Iranian media reports indicate two unnamed […]

3 mins read

Estonia Releases Ship Saying Smuggling Allegations Were Not Confirmed

Estonia’s Tax and Customs Board completed its investigation of the refrigerated containership Baltic Spirit and permitted the vessel to continue its trip to Russia, saying that the reports of “contraband was not confirmed.” Estonia’s elite K Commando force had stormed the ship with the support of the Navy, reporting that it was being detained on […]

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U.S. Navy is Feeling Out Ship Construction Options in Turkey

Momentum appears to be building within some corners of the Trump administration to offshore U.S. Navy warship production to yards in U.S. allied nations, where well-developed shipbuilding industries with available capacity can be found. It would require changing U.S. law and longstanding practice, but this has not deterred proponents: South Korea’s “Big Three” have openly […]

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AI Contributes to Surge in Cargo Theft and Freight Fraud

The International Union of Marine Insurance (IUMI) is raising the alarm over a significant surge in cargo theft and freight fraud across the global supply chains. Criminals, it says, are increasingly deploying digital tools, including artificial intelligence (AI), to perpetrate illegal schemes. The lobby group IUMI, together with the Transported Asset Protection Association (TAPA) EMEA, […]

2 mins read

China Continued Shipbuilding Dominance in 2025, Raking In Most Orders

In 2025, China once again dominated the world’s shipbuilding orderbooks, according to the latest numbers from Clarksons (compiled by eWorldShip). Out of all orders placed at yards around the world, nearly two-thirds went to Chinese shipbuilders, reflecting the country’s powerful market position and the strength of its state backing. Last year, owners worldwide placed orders […]