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Maritime, in motion

Container ship hull under construction in a shipyard
Industry

Pakistan starts building its first containership in four decades

Pakistan has resumed large commercial shipbuilding for the first time since the 1980s, assembling a 1,100 TEU containership at its only shipyard.

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Naval destroyer under construction at a shipyard
Industry

US Navy eyes South Korean yards for warships and tankers

The US Navy has approached major South Korean shipbuilders about building destroyers and fleet tankers, a step that could reverse a century of domestic-only construction.

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Aerial view of a container terminal with gantry cranes
Port activity

APM Terminals begins $570m expansion at Peru's Callao

APM Terminals has started a $570m expansion of Muelle Norte at Callao, raising capacity at Peru's main port gateway.

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A naval corvette with an embarked helicopter at sea
Industry

Lockheed Martin to buy Ultra Maritime for $3.45bn

Lockheed Martin has agreed to buy naval-defence specialist Ultra Maritime for $3.45bn, expanding its anti-submarine portfolio.

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Navy vessels sailing on the open sea
Industry

UK and Netherlands sign £2.4bn amphibious shipbuilding deal

The UK and the Netherlands have signed a £2.4bn deal to jointly build eight amphibious transport ships, four for each navy.

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A harbour tug assisting a ship
Product

Med Marine orders a third tug with Steerprop propulsion

Med Marine has placed a repeat order for Steerprop propulsors on the third tug in its Rascal 2100-Z harbour-tug series.

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Container terminal at the Port of Seattle on Puget Sound
Port activity

Seattle-Tacoma gateway handled nearly 3m TEU last year

The Seattle-Tacoma gateway handled close to three million TEU last year, supporting more than 265,000 jobs, a new study finds.

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A dredger vessel in final assembly at a yard
Product

Royal IHC delivers all-electric cutter suction dredger for Polish mine

Royal IHC has delivered an all-electric, road-transportable cutter suction dredger for a silica-sands mining operation in Poland.

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A ro-ro car-carrier vessel at sea
Industry

Chinese carmakers improvise around a car-carrier shortage

Facing a shortage of specialised car carriers, Chinese automakers are shipping vehicles on flat racks, containers and converted cargo ships.

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A ship-operations control room with staff monitoring digital systems
Product

NYK signs digital-transformation pact with Microsoft Japan

NYK has signed a strategic framework deal with Microsoft Japan to accelerate digital transformation across its shipping and logistics business.

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Aerial view of a liquid-bulk storage terminal at a port
Industry

Evos and HyFive sign LOI on e-methanol storage in Rotterdam

Evos and HyFive have signed a letter of intent to explore storing and handling e-methanol in the Port of Rotterdam.

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An anchor-handling tug supply vessel working offshore
Vessel sales

Hayfin sells 11-vessel anchor-handler fleet to new owner

Hayfin has agreed to sell an 11-ship anchor-handling fleet, while a separate deal brings its manager into a new joint venture.

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A modern naval warship sailing at sea
Industry

Naval Group says Europe is increasingly 'buying European'

Naval Group's chief says European governments are choosing home-grown suppliers more often, lifting the group's regional revenue toward €1bn.

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Aerial view of a large car carrier entering port
Industry

Wallenius Wilhelmsen takes delivery of first Shaper Class car carrier

Wallenius Wilhelmsen has taken delivery of Arctic Tern, the first in its dual-fuel, methanol-ready Shaper Class series.

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A ship's officer monitoring digital navigation displays on the bridge
Product

NAVTOR's e-navigation platform reaches about 18,000 vessels

NAVTOR has grown its e-navigation platform to around 18,000 vessels and is expanding into emissions, digital logbooks and shore links.

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A rusty, neglected cargo ship berthed in port
Incident

Six seafarers abandoned aboard detained ship in Las Palmas

Six seafarers remain stranded on a Turkish-owned vessel detained in Las Palmas, owed around $68,000 in unpaid wages.

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A river cruise ship moored at a marina berth
Product

Concordia Damen to build two methanol-ready river cruisers for TUI

TUI River Cruise has ordered two methanol-ready river cruise newbuilds from Concordia Damen, due in 2028.

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Aerial view of a fully laden Capesize bulk carrier at a deep-water port
Port activity

Kamarajar Port becomes India's second deep-draft major port

Kamarajar Port has reached an 18-metre operational draft, letting it take fully laden Capesize bulkers of up to 170,000 DWT.

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Container ship at sea
Industry

Drewry container index jumps 9% on transpacific and Asia-Europe gains

Drewry's World Container Index rose 9% to $4,530 per 40ft box as transpacific and Asia-Europe rates jumped on tight capacity.

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Ferry navigating coastal waters
Product

Foreship unveils energy-efficient ferry concept for Greece

Naval architecture firm Foreship has developed an energy-efficient ferry concept for Greece's domestic market, aimed at operators facing ageing tonnage and rising costs.

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Tanker at anchor off Brazil
Industry

MOL's SeaLoading extends Shell Brazil role for offloading vessel

MOL's SeaLoading has secured a longer-term role with Shell Brazil for its SeaLoader 1 cargo transfer vessel, used to offload crude directly from FPSOs.

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Tugboat pushing a barge
Industry

US tug owners expand fleets as new energy terminals open

US operators are ordering newbuild harbour and escort tugs to serve new LNG export terminals and ultra-large containerships.

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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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