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Maritime, in motion

Container terminal at a port
Incident

Worker killed as containers topple at Nhava Sheva in storm

One worker was killed and another injured at India's Nhava Sheva terminal when containers fell from an anchored boxship during a storm.

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Ships at a South Korean port
Industry

Hanwha exits Canadian training hub after losing submarine bid to TKMS

Hanwha Ocean is pulling out of a Hamilton, Ontario naval training partnership after Canada chose Germany's TKMS for its multi-billion submarine programme.

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Warship moored at a port
Industry

US formally sounds out Korean yards on building navy warships

The Pentagon and US Navy have sent requests for information to HD Hyundai and Hanwha Ocean on combat vessels, the first such approach under the MASGA partnership.

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Illuminated waterfront and port at evening
Industry

Bank ship finance climbs back above $300bn

Global bank lending to shipping rose above $300bn in 2025, with the top 40 banks up 6% and Greek lenders posting the biggest gains, Petrofin says.

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Bulk carrier loaded with cargo at a berth
Sanctions

EU parliament pushes to end Ireland's alumina exports to Russia

The European Parliament has passed a non-binding motion urging the Commission to sanction alumina sales to Russia, targeting exports from Ireland's Aughinish plant.

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LNG carrier anchored at a gas terminal
Vessel sales

ADNOC L&S adds four LNG carriers in $900m China deal

ADNOC Logistics & Services has ordered four more LNG carriers at China's Jiangnan Shipyard in a $900m deal, lifting its LNG newbuild programme to 18 vessels.

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Red LPG gas tanker at anchor
Vessel sales

Union Maritime widens newbuild push with first VLGC order

Union Maritime has been linked to its first VLGC newbuildings, two large gas carriers at HD Hyundai Heavy for delivery in 2029.

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Gas tanker entering harbour
Vessel sales

BW LPG India books $36m gain selling vintage VLGC

BW LPG has agreed to sell the 2007-built VLGC BW Elm through its Indian arm, booking a $36m gain as strong secondhand values fund fleet renewal.

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Container ship at sea
Industry

Samskip's SeaShuttle becomes demonstrator for EU hydrogen project

Samskip's autonomous, emissions-free SeaShuttle will act as the demonstrator in the EU-backed HyShip project, testing liquid hydrogen on the Oslo-Rotterdam route.

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Service vessel at an offshore wind farm
Industry

Marco Polo Marine lands long-term Siemens Gamesa CSOV deal

Marco Polo Marine has signed a multi-year framework with Siemens Gamesa to deploy two commissioning service operation vessels on Asia-Pacific offshore wind projects.

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Offshore wind turbines at sunset
Industry

Pacifico Energy Korea signs local supply deal for offshore wind cluster

Pacifico Energy Korea has signed an MoU with three local suppliers to support its 3.2GW Jindo offshore wind cluster and build a Gwangyang Bay supply hub.

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Bridge equipment of an offshore support vessel
Product

Eni picks SLB OneSubsea for giant deepwater Indonesia umbilical order

SLB OneSubsea has won an Eni contract to supply a 94.6 km steel tube umbilical system for the Kutei North Hub development off Indonesia, among the largest umbilical awards to date.

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Offshore oil platform at sea
Industry

Petrobras strikes deal with regulator to bring 335 offshore wells into line

Petrobras has agreed with Brazil's oil regulator to adapt 335 abandoned offshore wells to safety and environmental rules, paying R$300m and taking until 2030 to comply.

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Aerial view of a large container ship at sea
Industry

ONE swaps its West India–US East Coast service for new INE loop

Ocean Network Express will suspend its WIN service and roll out a new India North America Express (INE) loop between West India and the US East Coast from August.

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Oil tanker silhouetted at anchor near a harbour
Industry

Hormuz transits claw back in June as ships pile into the Red Sea

Shipping through the Strait of Hormuz recovered in June from May's lows but remained a fraction of a year earlier, as owners rerouted crude and boxes through the Red Sea.

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Oil tanker transiting a strait
Incident

Hormuz traffic collapses as Trump declares ceasefire over

Traffic through the Strait of Hormuz has nearly halted after a second day of US strikes on Iran, with President Trump declaring the ceasefire over.

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Oil and gas refinery in an industrial zone
Dark fleet

Ukraine's tanker and refinery strikes deepen Russia's fuel crisis

Ukraine has escalated its campaign against Russian shipping and oil infrastructure, striking dozens of shadow-fleet tankers and another major refinery.

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Bow of a large crude oil tanker
Industry

Crude tanker orders hit record high

Crude tanker contracting has reached its highest level on record this year, driven by a surge of orders for very large crude carriers.

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Bulk carrier at sea
Industry

Diana and Genco trade fire before tender deadline

The takeover fight between Diana Shipping and Genco intensified before Diana's tender deadline, with the two sides clashing over price.

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Bulk carrier loading cargo at a jetty
Vessel sales

Polaris lines up Vale-backed newcastlemaxes in China

Polaris Shipping has been linked to an order for up to four newcastlemax bulkers at China's Hengli yard, tied to long-term Vale employment.

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Crude oil tanker in open water
Vessel sales

JP Morgan linked to fresh Samsung suezmax order

JP Morgan has been linked to another suezmax order at Samsung Heavy Industries, worth $189m for two crude tankers due by 2029.

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Bulk carrier at sea
Vessel sales

C Management builds capesize fleet to three with Maran pair

C Management has lifted its capesize count to three, buying two older Maran Dry Management bulkers sold at the end of May.

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Offshore wind farm turbines at sea
Industry

Poor planning, not lack of sea space, is slowing offshore wind

A new WWF analysis argues weak spatial planning, not a shortage of sea space, is holding back Europe's offshore wind expansion.

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Offshore workers in safety gear near a crane
Industry

North Sea offshore workers reject pay offer and vote to strike

Offshore workers on Neo Next+ Energy's Elgin Franklin and North Alwyn platforms have backed strikes after rejecting a sub-3% pay offer.

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Offshore oil platform in the Gulf of Mexico
Industry

US sets August bidding for third Gulf offshore lease sale

The US has advanced its third Gulf of Mexico oil and gas lease sale, offering roughly 15,100 blocks with bids to be read on 12 August.

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Offshore oil and gas platform at sea
Industry

Aquaterra and James Fisher form offshore decommissioning alliance

Aquaterra Energy and James Fisher have partnered to deliver integrated offshore decommissioning, aiming to cut handoffs across well abandonment and infrastructure removal.

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Container ship being loaded at a port at night
Industry

Shippers may have overpaid fuel surcharges on transpacific route

Shippers on the Far East to US West Coast route may have paid up to $475 per teu more than actual fuel costs in April and May, according to new analysis.

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Container terminal on the North American west coast
Port activity

Canada backs Port of Vancouver's Roberts Bank expansion

Canada has committed federal funding to upgrade the Roberts Bank terminal at the Port of Vancouver, a project expected to unlock more than C$100bn in trade capacity.

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Rusting ship on the shore
Dark fleet

Recycler sees US license as a route to retire shadow-fleet ships

Ship recycler GMS says a US Treasury license allowing the scrapping of sanctioned vessels could offer a legal path to permanently retire ageing shadow-fleet tankers.

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Ship at a shipyard dock
Industry

Romania's bankrupt Mangalia yard heads back to auction

The insolvent Mangalia shipyard in Romania will go to a second auction at 184m euros after prospective buyers stayed away in the first round.

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Small feeder container ship
Industry

Goldenport orders feeders at revived Qingshan shipyard

Goldenport has ordered three 1,800 teu feeder containerships at China Merchants' revived Qingshan yard, joining a wave of orders at the restarted builder.

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Ship's deck and bridge overlooking the sea
Product

Hapag-Lloyd to roll out Inmarsat NexusWave across its fleet

Hapag-Lloyd will deploy Inmarsat's NexusWave bonded connectivity service across its global fleet following trials, deepening a near-25-year relationship.

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Tugboat moored at a quay
Product

Sanmar hands over two tugs to SAAM Towage

Sanmar Shipyards has delivered two tugs to SAAM Towage, bound for operations in Chile and Mexico, lifting the operator's Sanmar-built fleet to 15.

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Harbour tug at work spraying water
Product

Moran Towing christens second ASD harbour tug

Moran Towing has christened the J. Themistoclis Moran, the second in a series of escort-rated ASD harbour tugs built in Alabama.

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Stacked shipping containers at a port terminal
Port activity

Brazil sends Santos STS10 terminal tender back for policy review

Brazil's transport regulator has handed the STS10 container terminal tender at Santos back to the federal government for policy clarification, delaying one of the region's largest port projects.

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Container port gantry cranes at sunset
Port activity

Vietnam speeds up port upgrades to sharpen its trade edge

Vietnam is accelerating seaport investment, with two of its container gateways ranking among the world's 20 most efficient as cargo volumes climb.

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Underwater diver and subsea technology
Industry

Fincantieri snaps up four firms to build out its underwater arm

Fincantieri has acquired four companies spanning marine survey, underwater communications and autonomous vehicles, accelerating the growth of its underwater technology business.

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Container ship transiting open sea
Industry

Maersk and Hapag-Lloyd begin phased return to the Suez Canal

Maersk and Hapag-Lloyd will route some Gemini network sailings back through the Suez Canal, trimming a key Asia-Europe service by around four weeks.

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Cargo ships on open water
Incident

Hormuz back in crisis mode as tanker attacks trigger US strikes

Shipping around the Strait of Hormuz has been thrown back into crisis after three vessel attacks in a day triggered US strikes on Iran and a sharp escalation across the Gulf.

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Containers stacked at a port terminal
Other

US regulator warns on China's detention of Panama-flagged ships

A US maritime regulator has renewed warnings over China's detentions of Panama-flagged vessels, raising the prospect of measures against Chinese-controlled carriers in US trades.

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Container ship at sea at sunset
Industry

Seaspan and Maersk widen containership efficiency drive

Seaspan and Maersk are extending their partnership with an efficiency programme across 18 chartered containerships, centred on a retrofit of four 13,000 teu vessels.

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Large tanker at sea
Industry

Bruton to split 12-ship VLCC programme into two listed vehicles

Tor Olav Trøim-backed Bruton is dividing its 12-VLCC programme into two listed companies, keeping four delivered supertankers in a dividend payer and spinning off eight newbuildings.

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Tanker at a port at dusk
Industry

Heidmar buys Dutch shipmanager Q-Shipping

Nasdaq-listed Heidmar has acquired Dutch shipmanagement and crewing firm Q-Shipping for about $200,000, adding nine ships and offices in the Netherlands and Turkey.

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Shipyard with vessels under construction
Industry

HD Hyundai teams with Schneider Electric on floating data centres

HD Hyundai's shipbuilding arm has signed an MOU with Schneider Electric to jointly develop technology for data centres housed on floating offshore structures.

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Container terminal gantry cranes at a port
Port activity

Dunkirk breaks ground on second container terminal

Dunkirk has begun building a second container terminal, a €303m project centred on a 1,000-metre deepwater quay designed to roughly double the port's box handling capacity.

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Offshore drilling rigs at sea
Industry

Eni extends Ventura Offshore semisub off Indonesia

Eni has exercised options to keep Ventura Offshore's semisub SSV Catarina drilling off Indonesia into the fourth quarter, lifting the rig owner's firm backlog by roughly $25m.

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Semisubmersible drilling rig on the water
Industry

Dolphin Drilling wins fresh extension for veteran semisub off India

Dolphin Drilling has secured more time for the Blackford Dolphin on its Oil India campaign, keeping the veteran semisub working off the country's east coast into late August.

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Offshore platform at sea
Other

US weighs offshore platforms as launch pads for space missions

A US ocean-energy agency is canvassing industry on whether offshore platforms could host space launches and re-entries, potentially giving disused rigs a second life.

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