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…
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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…
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Sweden’s $5B French Frigate Deal Reshapes Baltic Naval Procurement
Sweden has moved its next-generation surface fleet from selection to contract, signing with Naval Group for four French-built air-defence frigates that will…
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Tidewater’s $500 Million Brazil Deal Turns OSV Scale Into the Main Prize
Tidewater has completed its $500 million acquisition of Wilson Sons Ultratug Offshore, closing a deal that adds 22 platform supply vessels and…
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NYK Takes 50% of Avenir LNG as Bunkering Scale Becomes the Next Fuel Battleground
NYK’s purchase of half of Avenir LNG moves LNG bunkering deeper into the hands of large strategic shipowners at a time when…
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Russia Puts $116B Price Tag on Arctic Shipping Push as Cargo Target Jumps Toward 150M Tonnes
Russia estimates that building the Trans-Arctic Transport Corridor into a large-scale commercial transport system will require about RUB10 trillion, roughly $116 billion,…
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Two Saudi-Loaded Supertankers Hit Near Hormuz as Visible Commodity Traffic Falls to Just Five
Two VLCCs carrying a combined 4 million barrels of Saudi crude were struck by unidentified projectiles within minutes of each other while…
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COSCO’s $3 Billion Boxship Order Turns Fleet Renewal Into a Capacity Race
COSCO Shipping Holdings has committed nearly $3 billion to another round of containership newbuildings, ordering 18 vessels from Chinese shipyards under the…
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Panama Canal Loosens Booking Rules as $5.3M Auction Bid Exposes Slot Squeeze
The Panama Canal has temporarily rewritten key parts of its Neopanamax reservation system as reduced water availability tightens transit capacity and competition…
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Hormuz Tanker Traffic Collapses Again as U.S.-Iran Strikes Put Shipping Back in the Line of Fire
Hormuz shipping is back in the firing line after a new round of U.S.-Iran attacks shattered the latest attempt to stabilize one…
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Austal Starts Third Heritage-Class OPC as $3.3B Coast Guard Program Accelerates in Mobile
Austal USA has started construction of its third Heritage-class Offshore Patrol Cutter, the future USCGC Ingham, at its Mobile, Alabama, shipyard, putting…
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Sempra Starts Permitting 26-Mtpa Port Arthur LNG North Expansion That Could Double Gulf Coast Export Hub
Sempra Infrastructure has opened the federal permitting process for Port Arthur LNG North, a proposed four-train expansion in Southeast Texas that would…
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Kongsberg Lands Full-Ship Systems Package for Solstad/SBM’s 4,000m Deepwater Newbuild
Kongsberg Maritime has secured a broad integrated-systems contract for the new multi-purpose deepwater installation and construction vessel being built for the 50.1%…
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Gulf Bypass Buildout Accelerates as Hormuz Risk Rewrites Energy Logistics
Gulf states are moving faster to build around the Strait of Hormuz as shipping risk, insurance pressure and uneven traffic recovery turn…
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Drewry WCI Slips as Container Rates Enter a More Uneven Phase
Drewry’s latest World Container Index update shows the container market cooling slightly after three straight weekly gains, but this is not a…
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Sempra Seeks Permits for 27 Mtpa Port Arthur LNG Expansion That Could Double Texas Export Capacity
Sempra Infrastructure has started the federal permitting process for Port Arthur LNG North, a proposed four-train expansion of its LNG complex on…
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IAEA Launches ATLAS to Bring Nuclear Power Back to Civilian Shipping as IMO Targets New Rules by 2030
Nuclear-powered merchant shipping moved a significant step closer to becoming an organized international industry on August 26 when the International Atomic Energy…
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Prize Courts Return to the Maritime Risk Map as U.S. Targets Seized Tankers
The U.S. administration’s move to revive prize courts could become one of the most unusual legal developments in modern shipping. Prize law…
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Black Sea Grain Pressure Builds as Sulina Queue Hits 70 Ships
The Black Sea grain corridor is under renewed pressure as vessels stack up near the Sulina Canal and Russian strikes continue to…
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Oil Slides on Hormuz Talks, but Tanker Risk Still Owns the Market
Oil prices moved lower as Iran-Oman talks gave traders a new reason to price in a possible partial reopening of the Strait…
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