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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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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