Vessel Hunter News
Maritime, in motion
Cadeler Buys Foundation Installation Specialist Menck For 578 Million Dollars
Cadeler is buying foundation installation specialist Menck for 578 million dollars, deepening its position in offshore wind installation work.
Drone Strikes Threaten Libya's Zawiya Oil Complex
Drone strikes have threatened Libya's Zawiya oil complex, raising the risk to one of the country's main refining and export nodes.
Russian Shipping Adopts Cages And Convoys Against Drone Threat
Russian operators are fitting cages and sailing in convoys to protect ships against drone attack, changing how tonnage moves in the Black Sea.
Ecuador Finds 1.25 Tonnes Of Cocaine Soaked Into Cardboard Boxes
Ecuadorian authorities have found 1.25 tonnes of cocaine soaked into cardboard boxes prepared for export, a chemical concealment method now spreading.
Salvors Refloat Damietta Gas Unit Two Months After Drone Strike
Salvors have refloated a gas unit at Damietta two months after it was damaged in a drone strike, clearing the berth for a return to service.
Iran's New Security Chief Hardens Line On Hormuz Arrangement
Iran's new national security chief has hardened the country's position on transit arrangements through the Strait of Hormuz.
US Helicopter Disables Container Ship In Gulf Of Oman
A US helicopter disabled a container ship in the Gulf of Oman, the latest interdiction in a campaign that has redirected dozens of commercial vessels.
Ukrainian Strikes Hit Warships At Novorossiysk Naval Harbour
Ukrainian strikes have hit warships at the naval harbour of Novorossiysk, adding to pressure on Russia's main Black Sea commercial and naval hub.
Six Killed As Missiles Strike Egyptian Cargo Ship Off Mokha
At least six people were killed when missiles struck an Egyptian cargo ship off the Yemeni port of Mokha in an attack that also hit shore facilities.
Bahrain Terminal Operator's First-Half Profit Falls Seventy-Two Percent
APM Terminals Bahrain reported a seventy-two percent fall in first-half net profit, with second-quarter earnings down more than ninety percent.
Japan Commits Public And Private Funds To Shipbuilding Revival
Japan is committing public and private funds to a shipbuilding revival, targeting a trillion-yen investment and roughly double the output by 2035.
Syria Takes Control Of Tartous Berth Previously Used By Russia
Syria has taken control of a 630-metre berth at Tartous that was previously used by Russia, under an agreement announced this month.
Thai Owner Receives 11 Million Dollar War Risk Payout For Hormuz Casualty
A Thai owner has received a war risk payout of about eleven million dollars after one of its bulk carriers was attacked in the Strait of Hormuz.
Shipping Body Warns On Legal Risks Of AI-Drafted Contract Clauses
A shipping industry body has warned owners and charterers about the legal risks of relying on artificial intelligence to draft contract clauses.
Three Largest Container Lines In Talks With Chinese Yards Over 2029 Slots
The three largest container lines are in advanced talks with Chinese yards over mega-orders, with delivery slots stretching towards 2029.
Russian Operator Suspends Black Sea Bookings After Boxship Sinks
A Russian carrier has suspended Black Sea bookings after one of its container ships was sunk by drone attack, and a major liner halted Ukrainian calls.
US Container Imports Peaked Early And Face Monthly Declines
US container imports peaked early this year and are forecast to decline month by month, with full-year volumes projected at about 25.5 million TEU.
Minerva Dry Orders 3,100-Box Container Series At Hengli
Greek owner Minerva Dry has ordered a series of 3,100-box container ships at Hengli Heavy Industries, extending the yard's containership book.
Seaspan Becomes First Foreign Shipowner To Tap China's Panda Bond Market
Seaspan has become the first foreign shipowner to raise money in China's panda bond market, pricing a three-year note with heavy oversubscription.
Japanese Owner's Quarterly Profit Rises Despite Weaker Container Contribution
Mitsui O.S.K. Lines lifted first-quarter net profit by around sixteen percent as dry bulk swung to profit and the container contribution shrank.
Tuas Port Passes Twenty-Five Million Containers Since Opening
PSA's Tuas Port has handled twenty-five million containers since opening, with fourteen berths in service and eighteen planned by 2027.
Singapore To Require All New Harbour Craft To Be Electric From 2030
All new harbour craft entering service in the Port of Singapore must be fully electric from 2030, with existing large craft judged ready for biofuel.
ADNOC Shipping Arm Buys Eleven Tankers And Gas Carriers For 1.3 Billion Dollars
ADNOC's shipping arm has agreed to buy six VLCCs and five very large gas carriers for about 1.3 billion dollars, alongside a new LNG carrier order.
Sanctioned Singapore Container Line SeaLead Ceases Trading
Singapore container carrier SeaLead has gone into voluntary liquidation following its designation by US authorities over alleged Iranian links.
Nine In Ten Vessels Used Pooling In First FuelEU Compliance Year
Ninety-two percent of vessels used pooling in the first FuelEU compliance year, with only two percent relying on borrowing against future budgets.
North Pacific Patrol Records Fifty-Two Fisheries Violations At Sea
A Canadian-led high-seas patrol in the North Pacific recorded fifty-two fisheries violations at sea and detected twenty-one more from the air.
Klaveness Takes Delivery Of Final Third-Generation Combination Carrier
Klaveness has taken delivery of MV Baltazar, completing its third-generation CABU series and adding the first wind-assisted propulsion in its fleet.
Investigators Blame Pilot's Phone Call For Fatal Houston Ship Channel Collision
US investigators found that a pilot's mobile phone call caused a bulk carrier to strike a towboat on the Houston Ship Channel, killing one deckhand.
Panama Canal Cuts Neopanamax Draft To 47.5 Feet As Gatun Lake Falls
The Panama Canal will cut the maximum draft allowed through the neopanamax locks to 47.5 feet in two stages from September as Gatun Lake levels keep falling.
Hapag-Lloyd Suspends Calls At Three Ukrainian Black Sea Ports
Hapag-Lloyd has suspended feeder services to Chornomorsk, Odesa and Pivdennyi, withdrawing from all three of Ukraine's principal Black Sea container ports over security risks.
Iranian Bill To Bar US And Israeli Ships From Hormuz Lifts Oil Prices
Oil prices rose more than three dollars a barrel after reports that an Iranian parliament committee is reviewing a bill to bar American and Israeli vessels from the Strait of Hormuz.
Star Bulk Walks Away From 470 Million Dollar Genco Fleet Deal
Star Bulk has terminated its 470.5 million dollar agreement to buy sixteen bulk carriers, removing a central component from a long-running takeover attempt by another Greek owner.
MSC Fined Six Million Dollars Over Runaway Boxship At Charleston
The ship management arm of the world's largest container line has been fined six million dollars over a 2024 incident in which one of its vessels lost speed control approaching a bridge at Charleston.
Shipping Corporation Of India Tenders For Two LNG Dual-Fuel Boxships With Options
The Shipping Corporation of India has issued its largest newbuilding tender, seeking two LNG dual-fuel container ships of around 8,000 boxes with options for four more.
COSCO Car Carrier Abandoned Off Costa Rica After Engine Room Fire
All twenty-two crew were rescued from a COSCO car carrier that caught fire in the engine room some 630 miles south of Costa Rica, recovered by a passing bulk carrier.
Navigator Gas Secures Financing For Two Ammonia-Capable Carriers
A joint venture has secured a 121.8 million dollar loan for two ammonia-capable gas carriers being built in China, in one of the larger single financings so far for tonnage designed around the fuel.
UK Brings Shipping Into Its Emissions Trading Scheme With No Phase-In
The United Kingdom has brought shipping into its Emissions Trading Scheme with no phase-in, and OOCL has responded with a surcharge effective 1 September.
Denmark Awards Two Offshore Wind Sites After Rewriting Its Auction Terms
Denmark has awarded two offshore wind sites to Vattenfall after replacing a subsidy-free tender that drew no bids at all with a contract-for-difference model.
Hengli Says It Has Booked 253 Newbuildings In Seven Months
Chinese shipbuilder Hengli Heavy Industry says it has contracted 253 newbuildings in seven months and plans to add 100,000 industrial workers, doubling its headcount.
US Carrier Calls At Da Nang In First Vietnam Visit Since 2023
The carrier USS George Washington has arrived at Da Nang with more than 5,000 personnel, the first American carrier visit to Vietnam since 2023.
Russian Black Sea Crude Loadings Fall 62 Percent Under Drone Campaign
Crude loadings from Russian Black Sea and Sea of Azov ports have fallen to 0.98 million barrels a day from 2.59 million under a sustained Ukrainian maritime drone campaign, BIMCO says.
Kalmar And APM Terminals Partner On Next-Generation Terminal Automation
Kalmar and APM Terminals have formed a strategic partnership to jointly develop and deploy the next generation of Kalmar One terminal automation technology across existing and prospective terminals.
Zodiac Maritime lands record price in first capesize sale of the year
Zodiac Maritime has sold the capesize bulk carrier Cape Condor for around 39 million dollars, a figure brokers describe as a record for a vessel of her age and the London-based owner's first capesize disposal of the year.
Report urges US to create a publicly backed container shipping line
A new report from the Open Markets Institute argues the US should consider a publicly backed container shipping line to cut reliance on foreign carriers.
Maersk to gradually resume operations at Venezuela's La Guaira port
Maersk has begun a phased return to operations at the Venezuelan port of La Guaira, following an earthquake in June that disrupted normal port activity.
EU still absorbing bulk of Russian Arctic LNG despite phase-out push
Trade-flow data shows Europe took the overwhelming share of Russian Arctic liquefied natural gas in the first six months of the year, even as the bloc works towards ending those imports.
South Korea's big three shipbuilders pass $30bn in first-half orders
South Korea's three largest shipbuilders have booked more than $30bn in orders in the first half of the year, pointing to a shipbuilding super-cycle.
Ciner takes its ammonia carrier investment past $1bn
Turkish conglomerate Ciner has ordered three more very large ammonia carriers in South Korea, taking its investment in the segment past $1bn.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.