Could a 137-Million-GT Ship Registry Become Nearly Instant? Singapore Plans AI Registration in Minutes
Singapore plans to launch an AI-assisted ship registration system in the first half of 2027 that the Maritime and Port Authority says…
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CMA CGM Completes $1.4B FedEx Supply Chain Acquisition, Nearly Tripling CEVA’s North American Footprint
CMA CGM Group completed its acquisition of FedEx Supply Chain on October 1 at an enterprise value of $1.4 billion, transferring the…
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ClarkSea Index Hits Fourth Straight Record as Shipping Earnings Boom Spreads Beyond Tankers
Shipping earnings pushed deeper into record territory at the start of October, with Clarksons Research’s cross-sector ClarkSea Index rising another 14% to…
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Middle East Oil Exports Exceed Pre-War Levels Even as Tanker Attacks Accelerate
Middle East crude exports have moved above their pre-war average even as tanker attacks around the Strait of Hormuz accelerate. Provisional Kpler…
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World Shipping Council Narrows Carrier Cooperation Agreement After FMC Investigation
The World Shipping Council has filed a substantially rewritten carrier-cooperation agreement with the Federal Maritime Commission following a year-long FMC examination of…
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Alternative-Fuel Vessel Ordering Hits Highest Level Since October 2024 as LNG Drives September Surge
Alternative-fuel vessel ordering accelerated sharply in September, with DNV’s Alternative Fuels Insight database recording 69 new orders, the highest monthly total since…
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Up to 150 Ships Back Up Across Gulf of Finland as Russian Baltic Ports Absorb Diverted Trade
An unusually large concentration of ships has formed across the Gulf of Finland waiting for Russian Baltic ports, with Finnish newspaper Helsingin…
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Hormuz VLCC Strike and Yanbu Projectile Attack Put Saudi Oil Export Routes Under Pressure
A Kuwait Oil Tanker Company VLCC was struck by an unknown projectile while transiting the Strait of Hormuz on Thursday, October 1,…
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September LNG Traffic Through Hormuz Hits War-Era High as Qatar Tankers Resume Dark Transits
LNG shipping through the Strait of Hormuz accelerated sharply in September, reaching its highest monthly level since the U.S.-Israeli war with Iran…
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U.S. Navy Awards Up to $24.4B for SM-6 as Annual Production Target Jumps Above 500 Missiles
The U.S. Navy has awarded Raytheon an SM-6 production contract valued at up to $24.4 billion, covering five years with two additional…
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EPA Quadruples Corpus Christi Offshore Dredging-Disposal Footprint as Deeper Channel Project Advances
The Environmental Protection Agency has issued a final rule expanding two federally designated offshore dredged-material disposal sites near Corpus Christi, Texas, with…
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Contships Launches Potential 30-Ship Feeder Newbuilding Program in China
Contships Logistics has moved toward one of the largest feeder containership newbuilding programs currently under consideration, with wholly owned CLC Newbuildings signing…
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New EPA Filing Reveals 275-VLCC Annual Scale of Planned Blue Marlin Offshore Port
The U.S. Environmental Protection Agency opened public review on September 28 for draft Clean Air Act permits covering Energy Transfer’s proposed Blue…
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Premier Alliance Returns FE1 to Suez as 2 Million TEU Shifts Back From Cape Route
Premier Alliance members Ocean Network Express, HMM and Yang Ming will return their Southeast Asia-North Europe FE1 service to the Suez Canal…
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Marine Fuel Market Enters Q4 With Supply Improving but Prices Still Distorted by Gulf War and Diesel Shortage
Global marine-fuel availability has improved substantially from the severe squeeze seen in March and April, but shipping enters the fourth quarter with…
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Hormuz Oil Flows Recover While Four Tankers Are Hit in Two Days
Oil exports through and around the Strait of Hormuz have recovered sharply even as the security environment deteriorates again. Three Liberian-flagged tankers,…
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U.S. Navy Orders 30 Production MUSVs, Moving Autonomous Fleet From Trials to Series Build
The U.S. Navy has ordered 30 Medium Unmanned Surface Vessels from three competing builders, awarding production Other Transaction Authority agreements to HII,…
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MSC Fleet Plus Orderbook Hits 10.47M TEU, Matching Entire Global Liner Fleet of 2007
Mediterranean Shipping Company has pushed its operated fleet and reported firm newbuilding pipeline to roughly 10.47 million TEU of combined capacity after…
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Carnival Posts Record $8.4B Quarter as Customer Deposits Reach $7.6B and 2027 Hits Half Booked
Carnival Corporation reported record third-quarter revenue of $8.435 billion and record net income attributable to Carnival of $1.920 billion for the three…
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COSCO Turns 53,000-DWT Supramax Bulker Into 2,528-TEU Containership
COSCO (Guangdong) Shipyard has completed the conversion of the 2007-built, 53,000-dwt open-hatch Supramax Pu Tuo Hai into the 2,528-TEU containership Singapore River…
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