Vessel Hunter News
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American President Orders Electromagnetic Launch Systems Removed From Carriers
The United States president has ordered the removal of the electromagnetic aircraft launch system and the associated arresting gear from the navy's newest class of aircraft carrier, directing a return to the steam catapults and
Bulker Owner Orders Four Multi-Fuel Ships On Twenty-Five Year Charters
A Korean owner has ordered four bulk carriers capable of running on ethanol and methanol at a Chinese state yard, fitted with multi-fuel engines and committed to twenty-five year charters with a Brazilian mining group, with deliveries
Bangladesh To Count Its Entire Fleet In First National Vessel Census
Bangladesh will conduct its first nationwide vessel census over ten days from the twentieth of August, covering seagoing, coastal and inland craft, at a cost of about 430 million taka, roughly 3.5 million dollars, within a project
Chinese Yard Delivers Second Bulk Carrier In Sixty-Four Thousand Tonne Series
A Chinese shipyard has delivered the second vessel in a series of 64,000 deadweight tonne bulk carriers to a state-owned domestic owner, following the first ship of the series a month earlier.
Norwegian Owner Sells Two Suezmax Tankers And Prepares Newbuildings
A Norwegian tanker owner has agreed to sell two Suezmax tankers built in 2004 and 2005 for a combined fifty million dollars, expecting a book profit of about fourteen million, and has reached a preliminary agreement for two
Bunkering Resumes At Chinese Anchorages After Typhoon Shutdown
Bunker deliveries have restarted at two inner anchorages serving one of the world's largest marine fuel ports in eastern China, following a six-day suspension caused by a typhoon, while two outer anchorages remain closed.
British Authorities Seize Cocaine Worth Three Hundred Million At Container Port
Officials in the United Kingdom have seized cocaine with an estimated street value of around three hundred million dollars at a deepwater container terminal on the Thames, in one of the larger maritime narcotics interceptions recorded
European Drought Cuts River Freight And Power Output Across Seven Countries
Water levels on Europe's two principal commercial rivers have fallen to record lows, with the Rhine dropping below twenty centimetres of navigable depth at a key reference point in early August and the Danube falling under ten
Undelivered Tanker Locks In Thirty-Nine Million Dollars Of Charter Revenue
A very large crude carrier still under construction has been fixed on charter at a net rate of about 105,700 dollars a day for twelve to fifteen months, securing close to thirty-nine million dollars of revenue before the ship has been
Ukrainian Attacks On Tankers Paused After American Request
Ukraine has reportedly suspended drone attacks against tankers calling at a Russian Black Sea oil terminal following a request from the United States, in an intervention driven by the disruption those attacks had caused to crude
Contractor Wins Flexible Pipe Work On Angolan Deepwater Project
An offshore engineering contractor has been awarded a contract described as significant, a category indicating a value between 75 and 250 million dollars, for flexible flowlines and risers on a deepwater project offshore Angola.
Dubai Firm Lines Up Five Hundred Million Dollar Ship Tokenisation Pipeline
A Dubai-based venture has earmarked roughly thirty-five vessels worth about five hundred million dollars for tokenisation on a blockchain platform, in an attempt to open ship ownership to investors who cannot participate in
Freight For A Single Gulf Voyage Reaches Twenty-Five Million Dollars
A single voyage carrying about two million barrels of crude out of the Gulf has been fixed at a freight level implying a bill of roughly twenty-three to twenty-five million dollars, against something closer to two million dollars for
Container Line Posts Modest Quarterly Profit On Higher Volumes
A Singapore-based container line has reported quarterly revenue of about 4.54 billion dollars with earnings before interest and tax of 76 million and net profit of 31 million, on volumes of roughly 3.26 million containers at an
Freight For A Single Gulf Voyage Reaches Twenty-Five Million Dollars
A single voyage carrying about two million barrels of crude out of the Gulf has been fixed at a freight level implying a bill of roughly twenty-three to twenty-five million dollars, against something closer to two million dollars for
Asian Port Congestion Pushes Container Lines Back Towards The Red Sea
Delayed container capacity in Asia has reached about 2.4 million boxes following a typhoon that disrupted Chinese ports in the second week of August, and the resulting pressure is pushing container lines back towards a routing many
Two More Tankers Attacked In The Strait Of Hormuz
Two further tankers have been attacked in the Strait of Hormuz, extending a campaign against merchant shipping in the waterway that carries a substantial share of the world's seaborne crude.
Turkey Sets First Offshore Wind Tender For Early Next Year
Turkey will hold its first offshore wind tender in the first quarter of 2027, opening a programme aimed at five gigawatts of installed capacity by 2035.
Italian Contractor Adds Large Middle East Offshore Award To Summer Run
An Italian energy services contractor has won an offshore engineering, procurement, construction and installation contract in the Middle East worth about 1.8 billion dollars.
Strikes On Danube Ports Push Black Sea Grain Trade Further Into The Firing Line
Russian strikes on Ukraine's largest Danube port have damaged infrastructure and pushed the Black Sea grain trade deeper into the conflict.
Chinese Foreign Trade Grows Sharply In First Seven Months
China's goods trade reached 30.13 trillion yuan in the first seven months of 2026, up 17.3 percent, with imports growing considerably faster than exports.
Chemical Tanker Owner To Exit Fleet Within Eighteen Months
An Oslo-listed owner will sell its remaining six stainless steel chemical tankers within eighteen months, winding down a fleet valued at 101.8 million dollars.
Heavy Transport Vessel For Offshore Wind To Get Electric Propulsion Package
A 230 metre semi-submersible heavy transport vessel for the offshore wind sector will be fitted with four 3.5 megawatt azimuthing electric propulsion units for 2028 delivery.
Greek Owner Returns To Newbuilding Market After Fifteen Years
A Greek tanker owner has returned to the newbuilding market after fifteen years with a 113,500 deadweight tonne crude and product tanker due for delivery in September.
Indonesia Begins Building Its First French Designed Submarines
Construction has begun in Surabaya on Indonesia's first two submarines built to a French design, under a technology transfer arrangement with a state shipyard.
Korean Shipbuilders Take Different Routes Into The American Market
One Korean shipbuilder is licensing modernisation expertise to an American yard while another has bought a shipyard outright and committed to a five billion dollar expansion.
American Shipbuilder Reports Growth And An Early Destroyer Delivery
A United States defence contractor's marine division reported second-quarter revenue up 10.4 percent and delivered a guided missile destroyer nearly three months early.
Tanker Owner Adds Third Newbuilding To Growing Revenue Backlog
A tanker owner has bought the company holding a 47,499 deadweight tonne newbuilding contract for delivery in 2029, lifting its revenue backlog around 24 percent to 379 million dollars.
Gulf Of Mexico Lease Sale Rebounds But Falls Short Of Last Year's Record
The third Gulf of Mexico offshore lease sale of the current programme raised 82.7 million dollars in high bids across 59 blocks, well below the record first auction a year ago.
Indian Recyclers Gain Ground As Bangladeshi Yard Offers Soften
Ship recycling is shifting towards India as Indian steel plate prices rise and Bangladeshi yards cut their offers by ten to fifteen dollars per light displacement tonne.
Maersk Sells Training Business To American Private Equity Buyer
The Danish shipping group has agreed to sell its maritime training business and a safety services subsidiary to a United States private equity buyer, with completion expected this year.
Vietnamese City Waives Port Infrastructure Fees For Three Years
Vietnam's largest city has waived port infrastructure fees for three years for more than 94,000 businesses, a measure officials expect to cut logistics costs by under one percent.
Japan Takes Delivery Of Large Hybrid Cable Laying Vessel
A Japanese contractor has taken delivery of a 150 metre hybrid cable laying vessel with 9,000 tonnes of carousel capacity, in a project valued above 200 million dollars.
Brazilian State Oil Producer Posts Record Quarterly Profit
Brazil's state oil producer reported second-quarter net income of 52.4 billion reais, about 10.4 billion dollars, and approved 17.4 billion reais in distributions.
Container Backlog Persists At Bangladesh's Largest Port
Around 9,330 containers remain stuck at Bangladesh's largest port, occupying 22 percent of yard capacity, with clearance taking longer than the free time allowed.
Russia Covers Pacific Submarines With Anti-Drone Netting
Satellite imagery from early August shows Russian submarines covered with anti-drone netting at a Pacific base more than seven thousand kilometres from Ukraine.
Chrome Ore Becomes The Fastest Growing Dry Bulk Trade Of The Year
Seaborne chrome ore volumes rose about 44 percent in the first half of 2026 as the collapse of South African ferrochrome smelting pushed raw ore towards Asia.
Seafarer Dies In Portuguese Custody After Major Cocaine Seizure At Sea
An Indian seafarer has died in police custody in Lisbon after around five tonnes of cocaine were seized from a container ship far offshore. The cause of death is unconfirmed.
Iron Ore Port Workers Stage First Major Stoppage In Twenty-Five Years
About 150 workers staged a two-day stoppage over pay at the world's largest bulk export port, the first major industrial action there in twenty-five years.
Subsea Cable Breaks Off Western Australia Prompt Calls For Investigation
Breaks in two international telecommunications cables off Western Australia have prompted calls for investigation, though no vessel or party has been publicly identified.
Oil From Grounded Tanker Begins Washing Ashore In Oman
Oil from a tanker grounded off Oman has begun reaching the shoreline, with estimates of the affected area ranging from 400 to more than 2,000 square kilometres.
Panama Canal Slot Auction Prices Climb As Queue Lengthens
Auction prices for Panama Canal transit slots have climbed towards four million dollars as the waiting queue lengthens and lake levels continue to fall.
Container Ship Grounds On Indian River After Reported Steering Failure
A Singapore-flagged container ship grounded on the Hooghly River near Diamond Harbour after a reported steering failure, and was refloated some eleven hours later with all crew safe.
Insurers Tighten War Risk Terms Across The Red Sea And Western Indian Ocean
Marine insurers have cancelled and rewritten war risk covers across the southern Red Sea and western Indian Ocean, including a twelve-month wait before a seized ship counts as a total loss.
Korean Owners Swap Twenty-Eight Ships To Concentrate Gas And Tanker Fleets
Two Korean owners under common ownership are exchanging twenty-eight vessels, doubling one fleet of gas carriers to thirty-two ships and concentrating the other in tankers.
Taiwanese Carrier Orders Eight Container Ships In Near Billion-Dollar Deal
A Taiwanese container line has ordered eight ships worth up to 980 million dollars at a Shanghai yard, most of them capable of running on alternative fuels.
Hamburg Container Throughput Falls In A Difficult First Half
The Port of Hamburg handled 56.1 million tonnes in the first half of 2026, down 3.1 percent, with container volumes falling 3.8 percent during terminal modernisation work.
MSC's Terminal Arm Withdraws Barcelona Antitrust Filing
MSC's terminal arm has withdrawn an antitrust filing relating to Barcelona, ending for now a review of its position in the Catalan port.
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