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Saturday, 12 September 2026

Maritime Briefing of 12 September 2026

Mokha falls, 25 die in a Qingdao yard fire, and eighteen states warn the rulebook is breaking down

8 stories7 sections7 min readVessel Hunter newsroom
The Houthi advance down the Yemeni Red Sea coast reached the Bab el-Mandeb this week, a fire in a Qingdao dry dock killed 25 workers, and MSC kept buying secondhand boxships it does not need to wait for. Eighteen maritime states warned that the rulebook underneath all of it is coming apart.
01

Conflict and chokepoints

5 stories

Iran said on 7 September that it would announce a new restricted zone in the Gulf

along with maps of a new shipping corridor through the Strait of Hormuz. Mohsen Rezaei, secretary of the Supreme National Security Council, said the zone would begin where the US blockade begins and that any ship entering it would be added to a sanctions list, and that the corridor lies in Iranian and Omani waters under Iranian management. US Central Command said it had by then redirected 92 commercial vessels, disabled three and boarded two. Iran's oil minister Mohsen Paknejad said the Khark export terminal had been hit around 550 times in previous months and continued to operate.

Iran warned South Korea of "serious consequences"

over any military role in the Gulf or the Strait of Hormuz. Foreign ministry spokesman Esmaeil Baqaei issued the warning in a Korean-language statement on 7 September while Seoul was weighing contributions to freedom of navigation alongside the US, the UK and France. South Korea's defence ministry said no specific measures had been approved.

Discoveries of drifting ordnance and drones in the Black Sea rose 208% in six months

Maritime security firm Ambrey recorded 91 finds of unexploded ordnance, unmanned aerial vehicles and unmanned surface vessels along the region's coastlines.

The Philippines opened an investigation into manning agencies and shipowners

after vessels carrying Filipino seafarers were struck in the northern Black Sea. Migrant workers secretary Hans Leo Cacdac said the department would establish whether directives on sending Filipino crew into the area were followed.
02

Casualties and safety

2 stories

A Greek-managed cargo ship was boarded off Yemen

on Thursday. Early reports from the Maritime Security Centre Indian Ocean described a hijacking; later United Kingdom Maritime Trade Operations updates pointed to a different outcome.
03

Fleet and asset markets

7 stories

The global container fleet is about to pass 34 million TEU

Capacity stood 8,000 TEU short of the mark at the start of September, with 46 ships totalling 286,000 TEU due this month. BIMCO chief shipping analyst Niels Rasmussen put the last 10 million TEU at five and a half years against ten and a half for the previous 10 million, with under 300,000 TEU recycled in that time. Ships above 12,000 TEU supplied two-thirds of the growth, liner operators took 85% of it and now control 65% of capacity, and nearly 2,000 ships carrying more than 5m TEU are already 20 years old or more.

Onex DMCC has been linked to a $200m VLCC purchase

from Dynacom Tankers, identified in the sales register as the 306,000 dwt Pinios, delivered this year by Hengli Heavy Industries.

SED Energy Holdings and Ventura Offshore signed a letter of intent

for an all-share combination in which Energy Holdings would acquire all of Ventura Offshore's shares.

The 1961-built Funchal is going to sealed bid in Lisbon

A Madeira court set a minimum of €802,354 as part of the insolvency of Teamson Lda, which bought the 402-passenger ship in April 2021. Bids close on 30 September, the ship can be viewed on 18 September and bids are opened on board on 9 October. The vessel is now described as asbestos-free and licensed for hotel activities.

Singamas Container Holdings reported first-half revenue down 23.0% to $193.8m

and net profit down 56.5% to $5.8m. Dry freight container sales fell 55.0% to $60.9m as the average 20-foot price slipped to $1,613 from $1,845, while specialised and customised containers rose 17.0% to $106.3m, more than three-quarters of it energy storage system boxes.
04

Rules and institutions

2 stories

Eighteen maritime states warned that the rules underpinning global shipping are eroding

In a statement titled In defence of free shipping, the Consultative Shipping Group — whose members include Greece, Japan, South Korea, Singapore, Norway, Denmark, Germany and the UK, and represent more than a fifth of global trade by tonnage — said wars, chokepoint disruption, shadow fleets and discriminatory trade measures amount to a structural change in shipping's operating environment. The group put the wider shadow tanker fleet at more than 1,500 vessels, close to a fifth of global tanker capacity, and called for more consistent application of existing law rather than new rules.

Chinese shipbuilders and European shipowners called for closer collaboration

at the first China-Europe Maritime Summit at SMM 2026, organised by CANSI, the German Shipowners' Association and DNV. China accounts for around 70% of the global orderbook and European owners operate more than a third of world fleet capacity.
05

Ports and infrastructure

4 stories

Peru's national port authority approved the master plan for the Corío terminal

in the Arequipa region on 3 September. The multipurpose terminal in Punta de Bombón, Islay province, is planned in three stages for more than $800m and is intended to handle general and breakbulk cargo, containers and solid bulk.

ZPMC installed a wind-resistant quay crane at Qingdao Dagang Terminal

designed to withstand gusts of nearly 210 km/h, using elliptical columns, a streamlined frame, a semi-circular main beam and an octagonal machinery house to cut wind load by 80% against conventional designs.

RINA supervised construction of the 70-tonne bollard pull tug Fahmy

for Egypt's Damietta Port Authority, built by Egyptian Ship Repair and Building Company.
06

Shipbuilding and technology

6 stories

Svitzer ordered six more 29-metre TRAnsverse tugs from Cheoy Lee Shipyards

, taking the class to 20 under construction, as the first of eight TRA2900s approaches sea trials in Zhuhai. The design offers 80 tonnes of bollard pull, can run on biofuel and is IMO Tier III and FiFi1-ready.

Everllence signed a framework agreement with Damen Shipyards

for serial supply of its 175D high-speed engine for Damen's fuel-flexible tug programme, prepared for diesel, 100% biofuel and future dual-fuel methanol operation.

Snow & Co launched Tiger C

, the second of eight battery-electric ship-assist tugs for Curtin Maritime, with two 2,000 hp Schottel L-drives, a 6 MWh lithium-iron-phosphate battery and 55 short tons of bollard pull.

Navios Maritime Partners took delivery of Navios Turquoise

, the second of four 7,900 TEU newbuildings that are LNG- and methanol-ready and fitted with scrubbers and shore power connections.
07

Rates and markets

3 stories

Saipem and Jan De Nul signed a letter of intent with ExxonMobil

for the Rovuma LNG Phase 1 development in Mozambique, covering limited preliminary engineering, procurement and technical services to advance project definition.

Genting completed the sale of a 5% stake in PT Layar Nusantara Gas

to a subsidiary of PT Rukun Raharja on 4 September, retaining 95% of the entity developing Indonesia's first floating LNG vessel.

Every story in this edition

8
  1. 01Houthis Seize Mokha, Closing on the Bab el-Mandeb Strait
  2. 02Fire on Bulker Ocean Melody at Qingdao Yard Kills 25 Workers
  3. 03MSC Buys Three More Secondhand Boxships After 500-Ship Run
  4. 04Ventura Takes On Deep Value Driller and a $58m Petronas Well
  5. 05Port of Tauranga Wins Fast-Track Nod for Stella Passage
  6. 06Rosatom and NewNew Advance Five Arc7 Boxships for Arctic Run
  7. 07Odfjell Orders Suction Sails for Chemical Tanker Bow Optima
  8. 08Maersk Pushes $250 West Med Surcharge Back to 7 October
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Maritime Briefing of 12 September 2026 | Vessel Hunter News