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LNG carrier design rendering with membrane containment tanks
Industry

China Took 57.8% of Global LNG Carrier Orders in the First Half of 2026

Chinese builders captured 57.8% of the 90 LNG carrier orders placed worldwide in the first half of 2026, widening a gap that stood at 15 ships to 13 in the same period last year.

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Large vessel under construction in a shipyard dry dock
Industry

South Korea's Big Three Yards Are Running Above Their Rated Capacity

HD KSOE, Samsung Heavy Industries and Hanwha Ocean all ran at or above their nominal capacity in the first half of 2026, and are investing in docks, cranes and automation rather than new land.

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Shipyard workers on staging alongside a vessel under repair
Industry

Partial Strikes Begin at HD Hyundai's Ulsan Yard for the Fourth Year Running

Unionised workers at HD Hyundai Heavy Industries began a seven-hour stoppage on 2 September after mediators found the two sides far apart on pay and profit sharing.

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Bulk carrier loading grain alongside a quay in clear weather
Port activity

Churchill Loads Its First Grain Cargo in Six Years as Arctic Traffic Returns

Canada's only Arctic deep-water port is loading grain again after a six-year gap, following its first critical minerals export in more than two decades.

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Container cranes at the Port of Rotterdam
Port activity

Rotterdam Ship Handling Stops for Nearly Eight Hours on 4 September

No vessels will be handled at Rotterdam between 11:15 and 19:00 on 4 September, with Amsterdam and Zeeland also affected, ahead of a nationwide rail walkout on 9 September.

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Container ship under way seen from the side at sea
Industry

Maersk Puts a Single 35-Metre Rotor Sail on an 8,700 teu Container Ship

Maersk is taking wind-assisted propulsion into its container fleet for the first time, with a single 5-metre by 35-metre fixed rotor to be tested on North and South Atlantic routes.

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Ship-to-shore cranes working containers under floodlights at night
Industry

Maersk Cuts Its Fossil Fuel Fee From 1 October and Resets Terminal Charges

Lower reference fuel prices feed into Maersk's fourth-quarter calculation, cutting the Fossil Fuel Fee on major trades from 1 October alongside a wide reset of terminal handling charges.

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Aerial view of a laden container ship at sea
Industry

ZIM Returns to Quarterly Profit With $64m as the First Half Still Shows a Loss

ZIM posted net income of $64m for the second quarter on revenue of $1.78bn, but the carrier still recorded a $22m net loss across the first half as average freight rates fell to $1,455 per teu.

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Merchant ship in the Black Sea under a heavy sky
Industry

Turkey's Largest Regional Box Operators Suspend All Calls at Russian Ports

Akkon Lines has told customers it is suspending service to every Russian port including St Petersburg, after a drone strike wrote off its 1,096 teu RMS Team at Novorossiysk.

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Small fast craft on open water at dusk
Incident

Puntland Disputes Mogadishu's Account of How the Cargo Ship Lutuf Was Freed

The Federal Government of Somalia says Turkish and Somali forces freed the MV Lutuf after a ten-day pursuit, while Puntland's security ministry says no rescue took place and a ransom was paid.

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Freight ship under way in the waters off Istanbul
Incident

Ten Missing After Turkish Cargo Ship Is Feared Sunk in the Sea of Marmara

The 3,970 dwt Tugberk Imamoglu collided with the chemical tanker Alsu 18 nautical miles south of Silivri and is now believed to have sunk with all ten crew unaccounted for.

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Laden crude tanker aground near a rocky coastline
Incident

Two VLCCs Struck Minutes Apart in Hormuz as Washington Hits Iranian Tankers

The Sinokor-controlled Senegal Prosperity was hit by three projectiles minutes after the Bahri-managed Sidr was attacked, and US forces have begun striking Iranian state tankers in reply.

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World map with global network connections, illustrating trade routes
Industry

Maritime Briefing, 2 September 2026: Hormuz, Congestion, Korean Yards

Transits through Hormuz down to five a day, Drewry rejecting the port capacity argument, and two Korean yards bidding for American naval work.

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Offshore oil and gas production facility at sea
Industry

Hanwha Ocean Certifies a Low-Carbon FPSO Design Ahead of the Venus Bid

The yard is competing with SBM Offshore for a $3bn FPSO contract on TotalEnergies' Venus development offshore Namibia, where emissions weigh heavily in the evaluation.

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Deck officer working at a laptop aboard a cargo vessel
Product

Wagenborg Puts Connectivity and Cybersecurity Onto 160 Ships at Once

The programme covers around 160 owned and managed general cargo vessels, treating onboard IT and security as fleet infrastructure rather than per-ship procurement.

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Container vessel alongside a European terminal
Port activity

Bremen and Bremerhaven Lift Container Volumes 5.7% as Hamburg Slips

Total seaborne throughput across the two locations rose 5.9% to 34.5m tonnes, with the sharpest relative gain at Bremen's city ports.

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Product tanker loading at a refinery berth
Sanctions

Russia Extends Its Diesel and Marine Fuel Export Ban to 30 September

Ukrainian strikes on Russian energy infrastructure have squeezed the domestic fuel market, which is the stated reason for holding the barrels at home.

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Ship-to-shore cranes working a container vessel
Port activity

APM Terminals Breaks Ground on a $550m Terminal at Chattogram

The 30-year concession adds over 800,000 teu of annual capacity from 2030, with Bangladesh retaining ownership of the asset throughout.

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Large vessel under construction in a shipyard dry dock
Industry

HD Hyundai and Hanwha Take Their Shipbuilding Rivalry to US Yards

Hanwha owns Philly Shipyard and has bid up to $1.2bn for Austal's US arm; HD Hyundai has been examining yards in San Diego and along the Texas Gulf Coast.

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Fishing vessel and crew at an industrial quayside
Incident

Search Suspended for Two Crew After French Trawler Sinks in the Channel

A helicopter, a fixed-wing aircraft, four RNLI lifeboats and a large number of civilian vessels searched for two days before the operation was suspended pending further information.

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Aerial view of ships waiting off a container port
Port activity

Drewry Puts Worsening Port Congestion Down to Utilisation, Not Capacity

A terminal running at 90% berth utilisation needs about a week to recover from a one-day disruption, against roughly two days at 75%, which is where the queues are coming from.

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Machinery spaces aboard a container ship
Industry

Two Managers Fined $1.75m Over Concealed Oily Water Discharges

MSC Shipmanagement and Hong Kong Spirit Shipping each pleaded guilty to two counts under US pollution law and were placed on four years of probation.

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Researchers on the deck of a polar research vessel
Industry

Icebreaker Nuyina Sent to Empty Macquarie Island Station Over Bird Flu

The Southern Ocean station sits among up to four million seabirds and 100,000 seals, and a strain that killed three-quarters of a season's pups on Heard Island is expected to arrive.

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Tugs assisting a large passenger vessel alongside a terminal
Incident

MAIB Traces the Holyhead Berthing Contact That Flooded Stena Estrid

The crew shored the hull below the waterline, pumped out the spaces and transferred ballast to lift the damage clear of the water, allowing all 157 people aboard to disembark normally.

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Radar and navigation displays glowing on a darkened ship's bridge
Product

Höegh Autoliners Fits GPS Interference Backup Across Its 38-Ship Fleet

The system provides an independent position when GNSS signals are disrupted, alerts bridge teams to interference and keeps a verified record of the route sailed.

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Handysize bulk carrier alongside a berth loading dry cargo
Vessel sales

Taylor Maritime Sells Three Handysizes as Its Chief Executive Buys In

Ed Buttery's T3 Holding is on the buyer side for around $32.2m of the deal, which the board and its sponsor judged fair and reasonable to shareholders.

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Aerial view of a loaded bulk carrier at sea
Industry

Star Bulk Prepares an Athens Listing Alongside Its Nasdaq Quotation

The dry bulk owner posted a second-quarter net profit of $144.9m, its best quarter since 2022, and counts 138 owned vessels totalling 13.8m dwt.

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Ice-class gas carrier under way in Arctic waters
Industry

Russia Puts a $116bn Price Tag on Its Trans-Arctic Transport Corridor

The RUB10trn programme covers ports, rail, inland waterways, an expanded nuclear icebreaker fleet and a much larger ice-class merchant fleet, split evenly either side of 2030.

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Aerial view of white storage tanks at a liquid bulk terminal
Incident

Drone Strike Starts Fire at Ust-Luga as Yanos Refinery Halts Two Units

Ust-Luga handles crude, products, coal, LNG, gas condensate and fertilisers, and has now been targeted repeatedly since March, when at least eight storage tanks were destroyed or damaged.

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Aerial view of a large container ship under way
Industry

Maersk Forecast to Slide to Fourth in the Liner Rankings by 2028

COSCO's orderbook has reached 52% of its existing fleet, the highest ratio in the top ten, while Maersk tries to accelerate into a record 14.84m teu global orderbook.

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Loaded tanker under way at sea leaving a dark wake
Incident

CENTCOM Disputes Iranian Mine Claims as Two More Tankers Are Hit

Iran says a supertanker on the southern route struck two sea mines; US Central Command calls the claim disinformation while confirming vessels are being hit by other means.

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Globe showing Europe and Africa, illustrating global shipping routes
Industry

Maritime Briefing, 1 September 2026: Ferry Loss, Shadow Fleet, Record Congestion

A ferry lost off Cyprus, three shadow fleet stories in a week, 4.3m TEU waiting for a berth, and 400 ships still unable to leave the Persian Gulf.

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Officer on the navigation bridge of a ship at sea
Industry

MARAD Activates the Training Ship Empire State for Federal Service

The first activation of any National Security Multi-Mission Vessel takes the ship away from SUNY Maritime from around 1 September.

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Judge's gavel, representing a judicial ship sale
Vessel sales

Bulker BAM Arion Sold at Auction in Rotterdam and the Crew Are Finally Paid

The ship had been under arrest in the Waalhaven since May, one of four vessels chained up after a Dutch state-backed financing came under fraud investigation.

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Crude oil tanker alongside a storage terminal
Dark fleet

Urals Crude Returns to VLCCs for Asia as Freight Costs Climb

Reduced Hormuz traffic and eased Venezuela measures have freed up part of the shadow VLCC fleet, opening the trade again.

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LNG carrier under way at sea
Sanctions

Danish Yard Takes a Third Russian-Linked LNG Tanker Before the January Ban

The Boris Davydov has delivered at least 50 Yamal cargoes worth some $2.2bn since her last visit to the same yard in 2023.

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Ice-covered northern waters on an Arctic shipping route
Industry

Russia Opens Northern Sea Route Talks With India and Vietnam

The Arctic corridor cuts about 40 percent off the distance from Indian ports to Europe, and India is planning a first pilot transit in 2027.

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Tanker traffic in the Strait of Hormuz
Incident

IMO Says 400 Ships and 6,000 Seafarers Still Cannot Leave the Persian Gulf

Washington says the mines are cleared and the transit routes are open; tracking data shows a trickle of ships out and very few going back in.

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Aerial view of a container terminal in China
Port activity

Record 4.3m TEU Waiting for a Berth as Typhoons Hit Chinese Ports Again

Global container congestion has passed the Covid-era peak, with stranded capacity equal to 12.6 percent of the world container fleet.

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Aerial view of a laden crude oil tanker under way
Vessel sales

Sinokor Buys 73 VLCCs for $6bn and Becomes the Largest Tanker Operator

The South Korean owner has spent as much on secondhand crude carriers in 2026 as the next eight largest tanker buyers combined.

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Small armed skiff at sea, illustrating piracy risk
Incident

IMO Says More Than 90 Seafarers Are Held as Piracy Returns to the Gulf of Aden

At least 15 attacks have been recorded this year against five in the whole of 2025, with the hijacking of the tanker Seamull on 20 August the most recent.

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Naval vessel alongside at a port at sunset
Incident

Yemeni Forces Destroy Houthi Drone Boat Outpost on the Red Sea Coast

The same class of craft was used against the bulk carriers Transworld Navigator and Tutor in June 2024, one of which sank with the loss of a crew member.

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Container ships loading at the port of Rotterdam
Port activity

Dutch Ports Stop Work for Eight Hours in 4 September Strike

The port authority expects ships to wait at the berth and in the anchorage, on top of inland container waiting times already running near 60 hours.

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Container ship alongside at a shipbuilding quay
Industry

Core Power and MARAD Sign Seven-Year Plan for 50 Nuclear Merchant Ships

Hulls would be built in Japan and Korea and fitted with BWX Technologies reactors at a US yard, with Corpus Christi named as a candidate site.

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Laden tanker under way, illustrating shadow fleet trading
Dark fleet

EU Mission Boards Tanker MV Sun in Sixth Shadow Fleet Interception

A boarding team went on to the MV Sun for a flag check on 30 August, the sixth shadow fleet vessel entered by EU operations in recent months.

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Naval corvette at sea with a helicopter on the flight deck
Dark fleet

Royal Navy Shadows Russian Escort Group Through the Channel

Russian activity around the UK is up 25 percent over the first eight months of 2026, and shadow fleet transits off Ireland's west coast have almost tripled.

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Aerial view of a laden crude oil tanker at sea
Incident

VLCC Caroline Bezengi Still Leaking Crude off Oman After Ten Weeks

The sanctioned VLCC has been aground on the Hallaniyat Islands since late June, and the oil plume from her is still spreading to the north-east.

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Aerial view of a passenger ferry under way in fog
Incident

Filo Jet Ferry Capsizes off Cyprus With 267 on Board, Crew Charged

The high-speed catamaran began flooding minutes after leaving Girne and rolled over four nautical miles from shore; 237 people were pulled from the water.

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