Bunker Spike Brings Emergency Container Surcharges Back
CMA CGM is bringing back an emergency fuel surcharge on August 1 as renewed Strait of Hormuz tension sends bunker costs higher…
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Maritime News
The latest shipping, industry and maritime market developments.
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Samsung Heavy Pushes Floating Nuclear Power Into the Shipyard Conversation
Samsung Heavy Industries has signed a memorandum of understanding with U.S. nuclear engineering firm Sargent & Lundy to jointly develop a floating…
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Marine Batteries Move Into Commercial Vessel Planning as Tugs, Ferries and Yachts Advance
Maritime batteries are gaining broader commercial relevance after several fresh developments moved the sector beyond small demonstration projects and deeper into fleet…
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Panama Slot Auction Pause Adds Fresh Pressure to Global Chokepoint Watch
The latest chokepoint update brings Panama back into the maritime risk conversation at the same time Middle East corridors remain unstable. The…
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China’s Car Export Boom Could Send Record 2 Million Vehicles by Container in 2026
China’s accelerating vehicle exports are creating an unr-carrier and container-shipping markets. China is projected to export about 10 million light vehicles across…
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Matarbari Yard Plan Puts Bangladesh Into the Big Ship Repair Race
Bangladesh is moving forward with a proposed $1 billion green dockyard and shipbuilding facility at Matarbari, adding a major repair and industrial…
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Carnival Locks In Wärtsilä Support as LNG Cruise Fleet Maintenance Gets More Strategic
Wärtsilä and Carnival Corporation have signed a new eight-year lifecycle agreement covering four LNG-fuelled cruise ships across the Princess Cruises and Carnival…
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Red Sea Risk Spreads as Houthis Target Saudi Port Calls
The Houthis have widened their maritime threat messaging by warning shipping companies not to call at Saudi ports, with an email reportedly…
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Piracy Returns to the Gulf of Aden as Tanker Seizure Raises Route Risk
A Tanzania-flagged oil and chemical tanker, identified in reporting as Asana, was boarded by armed assailants off Yemen while transiting the Gulf…
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Container Rate Rally Cools as Drewry WCI Slips From Peak-Season High
The latest Drewry World Container Index update gives container shippers, carriers, forwarders, brokers, and cargo owners a clean weekly rate signal: the…
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Black Sea Shipping Risk Spikes After Deadly Strike on Grain Vessel
Commercial shipping in the Black Sea has entered another dangerous stretch after a weekend strike on the Golden Leo, a Guinea-Bissau-flagged bulk…
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Hormuz Weekend Shipping Watch as Tanker Traffic Slows and Threat Levels Stay Severe
Shipping activity through the Strait of Hormuz stayed well below normal over the weekend as operators continued to move cautiously under a…
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Red Sea Threat Adds Second Chokepoint Shock as Hormuz Traffic Falls
Iran’s reported move to have the Houthis prepare for possible Bab el-Mandeb disruption adds a second maritime pressure point to an already…
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Saronic Picks Brownsville for $3.2B Port Alpha Shipyard Buildout
Saronic Technologies has selected the Port of Brownsville, Texas, for Port Alpha, confirming a $3.2 billion next-generation shipyard designed to produce autonomous…
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ABB’s Rotork Deal Signals a Bigger Race for Industrial Automation Control
ABB has agreed to buy Rotork in a major automation acquisition that brings one of the best-known flow-control and valve-actuation businesses into…
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Sweden’s Offshore Wind Gate Narrows as Defense Review Reshapes Project Pipeline
Sweden has approved two offshore wind farms while rejecting 11 other proposed developments after concluding that several projects would create unacceptable conflicts…
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China’s Arctic Boxship Push Turns the Northern Sea Route Into a Weekly Test
A Chinese liner operator is preparing to move Arctic container shipping from a one-off experiment into a scheduled seasonal service, with weekly…
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ABB Makes Its Biggest Automation Bet With Rotork Deal
ABB has agreed to buy UK-based Rotork in an all-cash transaction valuing the valve-actuation and flow-control specialist at about $5.5 billion, making…
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Hormuz Escort Doubts Put Gulf Shipping Decisions on Hold
Some shipping companies are avoiding U.S.-military guided transit through the Strait of Hormuz after recent attacks on commercial vessels raised concerns that…
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Antwerp Acid Leak Freezes Key Box Capacity as Terminal Recovery Turns Uneven
A hydrofluoric acid leak aboard the MSC Mia Summer II at Deurganckdock triggered a major emergency response at the Port of Antwerp-Bruges,…
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