CMA CGM Takes 40% Stake in $434M Jeddah Terminal 4 as RSGT Capacity Jumps 42%

CMA CGM and Red Sea Gateway Terminal have moved their Jeddah expansion from a preliminary term sheet to definitive agreements, committing approximately $434 million, or SAR1.6 billion, to develop, finance, build and operate Terminal...
Scrubbers Are Back? Vessel Types Where the 2026 Fuel Spread Is Changing ROI

Scrubber ROI 2026 Scrubbers Are Back? 7 Vessel Types Where the 2026 Fuel Spread Is Changing the ROI The scrubber debate never really died. It just got quieter when the spread was too thin...
Japan’s Shipyard Revival Gets Its First $1.36 Billion Push

Japan’s Ministry of Land, Infrastructure, Transport and Tourism has approved the first projects under the country’s shipbuilding revival fund, committing up to ¥213.1 billion, about $1.36 billion, to investment plans led by Imabari Shipbuilding,...
9 Systems That Must Connect Before AI Can Run the Voyage

AI-assisted ships AI cannot run a voyage if the ship still speaks in nine different languages The hard part is not getting an AI model to suggest a route. The hard part is making...
Cruise Ship Supplier Categories Winning From the $4 Billion Drydock Boom

Cruise Drydock Supplier Opportunity Cruise ship suppliers are chasing a $4 billion drydock market. The winners are not just selling prettier cabins. A cruise drydock used to feel like paint, carpets, class work and...
IMO Carbon Price Heads for December 4 Showdown as 38 States Back Pricing and U.S.-Saudi Opposition Holds

Shipping’s proposed global greenhouse-gas pricing system survived another difficult week at the International Maritime Organization, but the September negotiations ended without the compromise text needed to settle the issue. Nearly 1,200 delegates attended the...
Iran’s New Hormuz Zone Plan Sends Tanker Traffic to May Lows

Iran’s plan to publish maps for a new restricted Gulf zone and Hormuz shipping corridor has turned the strait into a fresh flashpoint for owners, charterers, LNG buyers, insurers and energy markets. Tehran says...
Inside the Modern ASW Frigate

Frigate procurement and underwater warfare report The new ASW shopping list ASW used to be sold around the ship and the helicopter. That is not enough anymore. A serious frigate package now looks like...
Drewry WCI Holds Flat as U.S. Lanes Rise and Europe Slides

Drewry’s latest World Container Index update showed the composite rate holding steady at $4,465 per 40ft container on September 3, with higher Transpacific prices offset by lower Asia-Europe rates. Shanghai to Los Angeles increased...
Some Indian Ship Recycling Yards Still Can’t Access the EU List, Even After HKC Compliance

Ship Recycling Regulation HKC-Compliant but Still Locked Out: Why 110+ Indian Recycling Yards Remain Outside the EU List A shipowner can sell an end-of-life vessel in one phone call, but the cleanest recycling decision...
Maritime Conflict Update: Hormuz Traffic Falls as Red Sea and Black Sea Risks Widen

The September 4 maritime conflict board looks less like one crisis and more like a chain reaction across the world’s pressure corridors. Hormuz remains the biggest energy risk, with tanker traffic well below normal...
The Vendor Laptop Problem & 10 Ways Contractors Can Bypass a Ship’s Cyber Defenses

Shipboard OT cybersecurity The vendor laptop is often the hole in the cyber plan The contractor does not come aboard looking like a threat. He comes aboard to fix the radar, update the ECDIS,...
Ship Recycling Prices Rise as Vessel Supply Dries Up: Global Market Update, September 2026

Global ship recycling entered September with an unusual imbalance: yards want ships, but owners are still reluctant to sell them. Pakistan currently leads the standardized cash-buyer market at about $520/LDT for dry tonnage, $540/LDT...
$80 Oil and The New Fuel-Savings Playbook for Cruise Lines

Cruise Fuel Shock Playbook What $80+ oil means for cruise lines: 10 decisions that change when fuel gets expensive again. Fuel never stays in the engine room. It shows up in itinerary planning, guest...
COSCO Rejects U.S. Spy-Ship Claims as “Totally Unforeutunded” as Security Scrutiny Deepens Around Chinese Merchant Fleet

COSCO SHIPPING has issued an unusually forceful denial of U.S. allegations that some of its commercial vessels carry concealed signals-intelligence equipment capable of intercepting military communications. The accusations first surfaced September 1, when two...
Why Power and Water Are Becoming the Navy Shipyard’s Most Important Weapons

Naval shipyard utility infrastructure report Power and water may be the shipyard’s most important weapons Old shipyards do not lose months because a submarine cannot find the dry dock on a chart. They lose...
Before Installing Rotor Sails & The Ship-wide Systems Owners Likely Need to Integrate

Wind-Assisted Propulsion Integration Wind Propulsion Isn’t Just a Sail: 10 Ship Systems Owners Must Integrate Before Installing Rotor Sails Rotor sails are moving from novelty deck equipment into the machinery and navigation conversation. Maersk...
Ray Car Carriers’ $1B China PCTC Order Signals a New Phase in Car-Carrier Shipbuilding

Ray Car Carriers’ move into China for a $1 billion-plus batch of LNG dual-fuel car carriers looks like more than another large order in a hot sector. It points to a market where vehicle-export...
UK Proposes New Legal Navigation Duties for Masters and Owners as 2027 SOLAS Rewrite Expands Liability

The UK Maritime and Coastguard Agency has opened a four-week consultation on a major rewrite of its merchant-shipping navigation rules that would put several SOLAS Chapter V requirements more directly into domestic law and...
Autonomous Ship Technology After the MASS Code: 10 Systems Moving Onto Conventional Vessels

Shipboard AI and naval decision-support report Shipboard AI is moving from demo to procurement decision The real question is not whether artificial intelligence belongs at sea. It is where the crew can trust it,...
Black Sea Ships Add Nets and Water Tanks as Drone War Reaches Merchant Decks

Commercial ships moving through the Bosphorus from the Black Sea are now being seen with improvised anti-drone protection fitted to hulls, stern areas and superstructures. The measures include nets, tires and water-filled containers, with...
How Older Cruise Ships Can Keep Earning Premium Yields

Cruise CAPEX Allocation Old ships can still earn new yields, but not with old systems underneath A cruise ship can look tired on paper long before it is tired commercially. The smart money is...
Saudi Crude Exports Collapse 59% to Nine-Year Low as Tanker Threats Hit Both Export Routes

Saudi Arabia’s observed crude exports fell to roughly 3.0 million barrels per day in August, the lowest level in tanker-tracking records going back to early 2017 and less than half the roughly 7.3 million...
Naval Shipyards Are Becoming Billion-Dollar Technology Projects and the Key Systems Behind the Next Generation of Fleet Maintenance

Naval shipyard modernization report Naval shipyards are becoming billion-dollar technology projects Anyone who has watched a yard lose time over power, water, cranes, material flow or late planning knows the dry dock is only...
World’s First Ethanol-Powered VLOC Moves Closer to Reality as Everllence Clears G80 Engine Test

Everllence has successfully tested and verified the G80 ME-LGIMe ethanol-capable two-stroke engine intended for the third vessel in Shandong Shipping’s ten-ship Guaibamax program for Vale. The engine completed R&D testing at HD Hyundai Heavy...
Can Shipowners Prove AI Actually Saves Fuel? 8 Technologies Needed for Bankable Voyage Optimization

AI Voyage Optimization Can Shipowners Prove AI Actually Saves Fuel? 8 Technologies Needed to Turn Voyage Optimization Into Bankable Savings Anyone who has watched a voyage estimate get cleaned up after the fact knows...
U.S. Navy Weighs Japanese, Korean and Turkish Frigates as Door Opens to Foreign-Built Warships

The White House and U.S. Navy are evaluating frigate designs from Japan, South Korea and Türkiye as part of a new international surface-combatant acquisition effort, according to reporting published September 1. Designs under consideration...
The Shipboard OT Cybersecurity Stack: 10 Connected Systems Owners Can No Longer Leave Exposed

Shipboard OT cybersecurity stack Connected ships have outgrown “install a firewall and hope” cybersecurity A modern vessel is no longer just a hull, engine and bridge team with email tacked on. The bridge, engine...
Hormuz Reopens in Bursts as Tanker Attacks Keep the Trade Lane on Edge

The last 48 hours turned the Strait of Hormuz into a mixed signal for shipping and energy markets. Some oil is still moving, and U.S. officials pointed to a strong Monday flow through the...
Cruise Lines Are Adding Cabins Instead of Buying Ships

Cruise Drydock Capacity Strategy Adding cabins is the easy part. Feeding the extra people through the ship is the real work. A drydock cabin conversion looks clean on a deck plan. At sea, 50...