Grimaldi’s Grande Shanghai Opens 10-Ship PCTC Series With 9,000 CEU and 50% Lower Fuel Use
Grimaldi Group has taken delivery of the Grande Shanghai, the first of ten next-generation Pure Car & Truck Carrier vessels ordered from…
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Maritime News
The latest shipping, industry and maritime market developments.
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Panama Canal Bids Hit $3.78M as Global Shipping Chokepoints Tighten
Global shipping is entering another period in which several major chokepoints are tightening at the same time. Panama Canal transit-slot auctions have…
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Red Sea Deaths and Gulf of Oman Strike Push Maritime Risk Into a New Phase
A deadly Red Sea attack and a separate U.S. strike in the Gulf of Oman have turned the Iran and Hormuz shipping…
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TKMS Raises Outlook as Submarine, Frigate and Naval Electronics Demand Builds
TKMS raised its full-year outlook after stronger nine-month sales, higher adjusted earnings and a growing list of naval programs pushed the German…
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Hanwha’s $1.2B Austal USA Bid Targets a $10B U.S. Naval Shipbuilding Backlog
South Korea’s Hanwha Defense USA has made a non-binding offer of between $1.05 billion and $1.2 billion to acquire Austal’s U.S. shipbuilding…
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Taiwan Offshore Wind Financing $1.7B Deal Signals a New Phase for Marine Contractors
Taiwan’s offshore wind market received another financing signal as Formosa 2 completed a NT$58.9 billion refinancing package, a transaction described by project…
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Jones Act Waiver Extended 90 Days as Foreign Tankers Remain Eligible for U.S. Energy Trades
The U.S. administration has extended the current Jones Act waiver for another 90 days, allowing foreign-flag vessels to remain eligible to transport…
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Lockheed Martin Takes Lead Combat System Role for Australia’s AUKUS Submarines
Australia has selected Lockheed Martin Australia as the preferred Combat System Integration Partner for its future fleet of sovereign Virginia-class submarines under…
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Maritime Conflict Weekend Update: Hormuz Deal Talks Collide With Red Sea and Black Sea Attacks
The weekend maritime conflict picture is no longer centered on one strait or one war zone. Hormuz remains the lead story because…
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GPS Jamming Losses Move From Bridge Alarm to Insurance Claim
Sompo Japan has announced a new marine cyber insurance product that brings GPS jamming, spoofing, AIS manipulation, and shipboard system interference into…
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BHP Port Hedland Strike Escalates as 150 Workers Walk Out, but Iron Ore Keeps Moving
BHP’s Port Hedland iron ore operations have emerged from their largest industrial action in roughly a quarter-century after union workers staged a…
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COSCO Hellas Rescues 22 as Morning Midas Car Carrier Fire Ends in Total Loss
The 600-foot vehicle carrier Morning Midas caught fire in the North Pacific on June 3, 2025, roughly 300 miles south of Adak,…
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ADNOC L&S Drops $1.3 Billion on 11 Tankers in Major VLCC and VLGC Fleet Expansion
ADNOC Logistics & Services has agreed to acquire 11 large tankers for approximately $1.3 billion, rapidly increasing its owned capacity across both…
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Ship Recycling Enters a New Capacity Race as Korea, Japan and India Push for Cleaner Dismantling
Ship recycling is starting to look less like an end-of-life backwater and more like a strategic industrial market. South Korea is now…
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Container Rates Rebound as Transpacific GRIs Finally Stick
The latest WCI update is a useful reminder that the container market has not rolled into a simple downtrend. After three straight…
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Cheniere Lifts 2026 Profit Outlook as LNG Cargoes Surge and Global Gas Competition Tightens
Cheniere Energy has raised its 2026 adjusted EBITDA forecast to between $7.9 billion and $8.4 billion after another strong quarter of LNG…
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North Carolina Ports Cyberattack Shows Port Delays Now Start at the Login Screen
A reported cyberattack slowed North Carolina Ports operations across Wilmington, Morehead City, and the Charlotte Inland Port, turning a systems outage into…
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Black Sea Shipping Attacks Hit Grain and Oil Flows as War-Risk Costs Surge
A rapid escalation of attacks on merchant ships, ports and export terminals is disrupting both sides of the Black Sea commodity trade…
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U.S. Shipbuilding Fight Shifts Toward Allied Yards as Fleet Delays Grow
The U.S. shipbuilding debate has turned from a simple domestic-capacity problem into a national-security argument over allied industrial power. Navy leaders, budget…
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Iran and Oman Agree Hormuz Route Coordinates: A New Shipping Regime Is Taking Shape
Iran and Oman have moved closer to establishing a new traffic regime for the Strait of Hormuz after reaching an understanding on…
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