Two Cargo Ships Sink Near Hormuz as Attacks Spread Beyond Tankers
The Singapore-flagged 2,824-TEU containership GFS Pride has sunk after being struck by an unknown projectile in the Strait of Hormuz and catching…
Read More →The latest shipping, industry and maritime market developments.
The Singapore-flagged 2,824-TEU containership GFS Pride has sunk after being struck by an unknown projectile in the Strait of Hormuz and catching…
Read More →
CMB.TECH’s 210,000-dwt Mineral Europa has moved beyond sea trials into commercial operation, marking the first deployment of an ammonia dual-fuel system on…
Read More →
Singapore is preparing to add dedicated LNG floating storage units inside its anchorages as marine LNG demand continues to rise. The Maritime…
Read More →
The U.S. Navy has formally opened competition for the massive Multi-Mission Dry Dock redevelopment at Puget Sound Naval Shipyard in Bremerton, Washington,…
Read More →
Large containership traffic through the Suez Canal accelerated sharply during the third quarter of 2026 as major carriers continued restoring services that…
Read More →
The cost of moving Russian Urals crude from the Black Sea to India has surged to $27 million to $30 million for…
Read More →
Aegis Logistics has signed a definitive agreement to acquire 89.8% of Dubai-based Tristar Holdings through its Singapore subsidiary for $809 million, transforming…
Read More →
Iran’s Revolutionary Guards Navy said Wednesday that a containership carrying more than 2,500 containers struck a naval mine, caught fire and sank…
Read More →
Juneau closed its 2026 cruise season with 1,733,016 passengers, the highest annual total in the Alaska capital’s history, even as the city…
Read More →
South Korea has launched a shipbuilding automation program worth more than KRW1.4 trillion, approximately $1.05 billion at October 13 exchange rates, with…
Read More →
OPEC and non-OPEC ministers meeting in Riyadh on October 12 warned that disruption to maritime energy flows has pushed combined shipping and…
Read More →
Shagang Holding Group, China’s largest privately owned steelmaker, has established Jinsha Heavy Industry (Tianjin) Co. Ltd. [津沙重工(天津)有限公司], a wholly owned subsidiary registered…
Read More →
A shortage of available crude tankers is beginning to distort the physical oil market across the Americas, pushing the cost of moving…
Read More →
French naval forces intercepted and boarded the 110,119-dwt tanker DF Peak on October 12 more than 450 nautical miles south of Réunion…
Read More →
Oil movements through the Strait of Hormuz have recovered sharply from the collapse seen earlier in the Iran war, with ship-tracking firms…
Read More →
DHT Holdings has already booked approximately half of its available fourth-quarter VLCC spot days at an average $509,100 per day, providing one…
Read More →
V.O. Chidambaranar Port in Thoothukudi has inaugurated a dedicated Green Methanol Bunkering and Refuelling Facility built around two 750-cubic-metre storage tanks and…
Read More →
Commercial use of the Northern Sea Route accelerated materially during the 2026 navigation season, but the corridor remains far from becoming a…
Read More →
A U.S. military fighter jet struck the stern of the Panama-flagged bulk carrier Ocean Molica in the Gulf of Oman on October…
Read More →
Global shipping earnings have broken another record, with Clarksons Research’s ClarkSea Index rising 12% in the latest week to $84,951 per day,…
Read More →