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Shanghai moves more than 200,000 teu in a single day
Shanghai has pushed its daily container throughput above 200,000 teu for the first time, handling 203,881 teu on 1 August, around 9% above the previous record of 187,312 teu set on 9 June.
US Navy awards $76.6bn for fourteen submarines after three-year delay
The United States Navy has awarded General Dynamics Electric Boat and HII $76.6bn in contracts for its next batch of attack and ballistic missile submarines, ending a delay of nearly three years.
Five dead and dozens missing after fire aboard Indonesian ferry
At least five people have died and 41 remain missing after a fire broke out aboard a crowded ferry off Java.
Russian crude discounts to India collapse as Hormuz disruption bites
Discounts on Russian Urals crude delivered to India have fallen to between $1 and $2 a barrel against dated Brent this week, according to three trade sources.
War risk cover becomes the Gulf's decisive constraint
Rising war risk premiums and tightening insurance cover may now pose a greater obstacle to Gulf shipping than missiles or blockades.
LNG carrier disabled off Oman as Hormuz threats multiply
Merchant shipping remains exposed at both ends of the Strait of Hormuz, with fresh threats and explosions reported even as Washington claims another round of negotiations with Iran is getting underway.
Italian navy boards falsely flagged shadow fleet tanker off Sicily
An Italian-led European Union naval mission has boarded a sanctioned tanker linked to Russia's shadow fleet in international waters west of Sicily, the second such operation in less than two weeks.
Ukraine sinks Russian-flagged boxship in Black Sea
Ukraine has widened its campaign against Russia-linked commercial shipping, sinking a Russian-flagged containership in the Black Sea, striking a Greek-owned tanker and hitting three refineries deep inside Russia.
Washington imposes tariffs on goods from sixty economies
Duties of 10 to 12.5% now apply to goods from 60 economies, reviving measures the US Supreme Court struck down earlier this year.
Van Oord dredging gives Kamarajar an 18-metre draft
Kamarajar becomes only the second Indian major port able to accept fully laden capesize vessels of up to 170,000 dwt.
Allseas to install subsea link of Canadian gas pipeline
Allseas will lay 50 km of subsea pipeline in British Columbia in 2029 using Solitaire and Sandpiper, completing the feed to Ksi Lisims LNG.
Idle fleet in the Gulf raises invasive species risk
More than 1,500 ships lying idle in the Persian Gulf could spread invasive marine species worldwide once traffic through Hormuz resumes.
China installs world's largest offshore wind converter station
A 25,000-tonne platform was floated over its foundation 100 km off Guangdong with 150 mm of clearance a side, in a seven-hour operation.
HD Hyundai Samho delivers first very large ammonia carrier
The 93,000 cu m Jane Maersk is the first of five VLACs for Maersk, from a builder now holding 22 on order worth about $2.55bn.
Washington funds Philippine coast guard pier expansion near South China Sea
The United States will fund a $9m pier expansion in Palawan and raise military financing for Manila to $100m by the end of fiscal year 2026.
QatarEnergy extends force majeure on LNG cargoes to Italian utility
QatarEnergy cannot deliver three more cargoes to Edison, taking the total under force majeure to 24 and roughly 3 billion cubic metres of gas.
Explosion and fire aboard chemical tanker off Fredrikstad
An explosion tore through an empty tank aboard the sulphuric acid carrier Bergstraum off Fredrikstad; all fifteen crew were unharmed.
EU exempts Russian LNG transhipment, easing pressure on Total and Yamal
Brussels has reversed its ban on transhipping Russian LNG to third countries, allowing TotalEnergies to keep selling Yamal gas into Asia.
Hormuz and Bab el-Mandeb transits collapse as Gulf energy flows dry up
Transits through Hormuz are down 90% and crude leaving the Gulf has fallen from 15m to about 1m barrels a day, lifting tanker earnings sharply.
US and UK convene London meeting on protecting Hormuz shipping
The United States and United Kingdom are preparing a London meeting next week on forming a coalition to protect shipping in the Strait of Hormuz.
COSCO approves fifteen newcastlemax bulkers
COSCO Shipping Development has approved orders for 15 newcastlemax bulk carriers worth about $1.1bn, all leased within the group for 20 years.
Wagenborg leaves roro sector with sale of two ice-class ships
Royal Wagenborg is leaving the pure roro sector with the sale of two ice-class sister vessels and a long-term contract to Wallenius SOL.
BP puts North Sea business up for sale
BP has launched a process to sell its North Sea business, ending an association with the basin that has run for six decades.
GTT expects 550 more LNG carriers to be ordered by 2035
GTT expects around 550 LNG carriers to be ordered by 2035, on top of an orderbook already equal to almost two fifths of the trading fleet.
Oil barge breaks loose in Hong Kong typhoon shelter
An oil barge broke free during severe typhoon Noul, struck a breakwater and drifted in among moored craft at a Hong Kong typhoon shelter.
Dutch sheerlegs joins salvage of collapsed crane at Port of Tyne
The floating sheerlegs Matador 3 has arrived at the Port of Tyne to lift a collapsed quay crane off a container ship.
Rescuers pull 48 from sunken Vietnamese cargo ship
Chinese, Vietnamese and Philippine units have recovered 48 of the 62 people aboard a Vietnamese cargo ship that sank near Fiery Cross Reef.
US icebreaker Healy suffers engine casualty on sea trials
The United States Coast Guard icebreaker Healy was towed back to Seattle after a significant engineering casualty during post-refit sea trials.
TKMS drops Kiel yard bid, leaving Rheinmetall alone in race
TKMS has withdrawn from the bidding for German Naval Yards Kiel over price, leaving Rheinmetall as the only remaining bidder.
Belgium seeks alternatives as joint frigate programme slips
Belgium is seeking alternatives to its joint anti-submarine frigate programme with the Netherlands after cost growth and repeated delays.
Canada picks TKMS for up to twelve submarines
Canada has named TKMS preferred supplier for up to twelve Type 212CD submarines in its largest ever defence procurement.
UK court refuses bail to captain of detained shadow fleet tanker
A British court has refused bail to the master of the first shadow fleet tanker detained by the United Kingdom, with trial set for December.
EU adds more than 40 shadow fleet vessels to sanctions list
The European Union has added more than 40 shadow fleet vessels to its sanctions list, several of them regular visitors to Arctic waters.
India confirms attack on LPG tanker in Iranian waters
India has confirmed an attack on an LPG tanker carrying 28 Indian crew in Iranian waters, hours after a seafarer was killed in the Black Sea.
Tanker reported destroyed by mine in Strait of Hormuz
An oil tanker is reported to have exploded in the Strait of Hormuz after striking a naval mine outside the corridor designated by Iran.
Turkish cargo ship badly damaged as Black Sea attacks multiply
A Turkish-owned general cargo ship has been seriously damaged by drone fire in the Black Sea as attacks on merchant vessels multiply.
Iran rejects Omani plan to share management of Hormuz
Iran has rejected an Omani proposal to share management of the Strait of Hormuz and is demanding control of the entire inbound lane.
Washington sanctions Iranian insurance scheme for Hormuz transits
Washington has sanctioned two Iranian companies selling mandatory insurance to ships transiting the Strait of Hormuz, along with eight tankers.
Houthis weigh toll system for Bab el-Mandeb transits
Yemen's Houthis are studying a scheme to charge commercial ships for passage through Bab el-Mandeb.
New Zealand awards first offshore exploration permit since lifting drilling ban
EnZed Energy secured a 12-year permit in the Taranaki Basin, the country's main oil and gas-producing region.
Shearwater Geoservices wins Australian carbon storage survey
The Norwegian seismic specialist's SW Bly will begin a 3D survey of the Bonaparte Basin's carbon storage potential in the third quarter.
Golden Energy Offshore secures new UK North Sea PSV contract
The Norwegian owner's 2015-built Energy Pace will operate on the UK Continental Shelf for what the company calls a first-class international charterer.
Borr Drilling completes $287 million rig deal with Paratus unit
The acquisition of five premium jack-up rigs was carried out through a joint venture with Borr's well construction partner in Mexico.
Nickel ore trade surges, reviving safety concerns
Seaborne volumes climbed more than 22% year on year in the second quarter, boosting demand for supramax and ultramax bulkers.
HD Hyundai launches first vessel from revived Subic yard
The 250-metre Orion Jade marks the start of full-scale shipbuilding operations at the Philippine facility after a steel-cutting ceremony last September.
COSCO advances $1.1 billion Tianjin shipbuilding base
The greenfield yard, featuring two VLCC-scale drydocks, will occupy nearly 146 hectares in the city's Lingang Economic Area.
Zodiac Maritime lines up eight boxships at China's Hengli yard
The order for 6,400 TEU containerships extends Eyal Ofer's newbuilding programme to more than $1.6 billion, with deliveries running into 2029.
Diana Shipping threatens to cut Genco takeover price
The Athens-based owner cites a $50 million drop in its US rival's fleet value since early June to justify a potentially lower offer.
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