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Maritime, in motion

Aerial view of a container ship under way, illustrating global container shipping operations
Industry

COSCO Rejects Claims That Its Ships Carry Hidden Intelligence Equipment

COSCO Shipping has issued a statement firmly opposing allegations that its vessels carry concealed platforms to intercept military communications near coastlines.

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Warship alongside at sunset, illustrating naval enforcement operations in the Mediterranean
Dark fleet

EU Forces Board a Sixth Tanker in the Mediterranean for Flag Verification

Italian forces boarded the crude tanker Sun from helicopters and launches on 30 August, the sixth flag verification by EUNAVFOR IRINI since its mandate was extended this year.

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Conference room overlooking a city, illustrating international maritime policy discussions
Industry

IMO Secretary General Rules Out Hardening Merchant Ships Against Missiles

Asked at SMM whether shipping ought to reinforce vessels against missile and drone attack, the IMO Secretary General answered no, and repeated the call for ships to stay out of the Strait of Hormuz.

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Power infrastructure in an Asian city at dusk, illustrating electricity supply pressure
Industry

Pakistan Rejects a $27 LNG Cargo and Faces Longer Rolling Blackouts

Pakistan turned down the single cargo offered in its latest emergency LNG tender at $26.969 per mmBtu, and has issued a fresh tender while blackouts in Karachi run up to 24 hours.

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LNG carrier at a terminal, illustrating disrupted liquefied natural gas trade
Industry

QatarEnergy Extends LNG Force Majeure Into November as Hormuz Stays Shut

QatarEnergy has told European and Asian buyers that cargo cancellations now run into early November, with one Italian utility alone losing 29 cargoes since April.

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Crude oil tanker under way, illustrating tanker traffic in the Strait of Hormuz
Sanctions

Iran Turns on Inbound Tankers and Lengthens Its Non-Compliant List to 57

Iranian forces have started striking and turning back tankers heading into the Persian Gulf, while the IRGC's list of non-compliant vessels has grown from 46 to 57 in a week.

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Warship with a helicopter on deck, illustrating naval operations in the Strait of Hormuz
Sanctions

US Strike on Larak Island Pre-empts a Rocket-Launched Sea Mine Barrage

CENTCOM fired on IRGC positions on Larak Island to destroy two Iranian rockets about to be launched, in what appears to have been an attempt to re-mine the Strait of Hormuz.

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Crew on the deck of a tanker, illustrating seafarer risk in the Strait of Hormuz
Incident

Two Filipino Seafarers Die Aboard the VLCC Sidr as the Hormuz Toll Reaches 18

Bahri's 300,759 dwt Sidr was hit by projectiles while transiting the Strait of Hormuz, killing two of the 16 Filipino crew and lifting the confirmed seafarer death toll to at least 18.

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Detailed world globe showing Europe and Africa, illustrating global trade routes
Industry

Maritime Briefing, 4 September 2026: Hormuz, Anchorages, Yard Capacity

Iranian tankers stacking up off Galle and Johore, a tug lost with six missing off Busan, and Panama paying $191.7m for full control of its oil pipeline corridor.

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Offshore wind turbines off a Korean coastline
Industry

South Korea Takes Offshore Wind Site Selection Into State Hands With 25 GW Target

Seoul has approved a planned-siting regime that shifts offshore wind site selection from developers to the government, targeting 25 GW of preliminary development zones by 2031.

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Ships at anchor off Singapore at dusk
Industry

Singapore Warns Owners and Agents Over False Vessel Data Filed for Port Calls

The Maritime and Port Authority of Singapore has warned that false or unverifiable information on identity, ownership, cargo or trading history could bring enforcement action.

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Offshore construction vessel working on a subsea project
Industry

Brussels Stops the Clock on the Saipem and Subsea7 Phase II Merger Review

The European Commission has suspended its in-depth investigation into the Saipem and Subsea7 merger while it waits for further information, pushing the timetable towards 2027.

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Oil tanker in dry dock during survey work
Vessel sales

Minerva Marine Sells Two 2006-Built Ice-Class Tankers to Chinese Buyers

The Greek owner is selling the ice class 1A aframax Minerva Nounou for more than $40m and the MR Minerva Xanthe for around $16m, both to Chinese buyers.

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General cargo vessel under way in southern waters
Port activity

Chilean Operator Prepares a Punta Arenas to Falklands Cargo Service for November

Easter Island Naviera has agreed with the Falkland Islands Development Corporation to launch a direct cargo service from Punta Arenas, cutting the South American supply leg by half.

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Bulk carrier loading cargo at a terminal seen from above
Industry

Yangzijiang Maritime Signs for Up to 12 More Newbuildings Across Two Chinese Yards

The Singapore-listed owner has extended an ordering run spanning dry bulk, product and chemical tankers with up to 12 more ships at Jingjiang Nanyang and Qidong Qianyao.

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Bulk carrier loading grain alongside a berth
Industry

Diana Shipping Cuts Its Genco Holding Below 10% After Selling 275,000 More Shares

Diana Shipping has sold another 275,000 Genco shares for about $7.26m, taking its holding to roughly 9.5% and ending its status as a 10% beneficial owner.

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Offshore wind turbines and vessels seen from the air
Industry

Germany Rewrites Its Offshore Wind Law With Contracts for Difference and 35-Year Lives

Berlin has approved an amendment to the Wind Energy at Sea Act introducing two-sided contracts for difference and extending standard project operating life from 25 to 35 years.

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Harbour tugs assisting a large vessel alongside
Incident

Tug TNS Catcher Capsizes While Turning a Box Ship off Busan, Leaving Six Missing

One seafarer has died and six are missing after the tug TNS Catcher rolled over and sank while assisting the 5,576 teu MSC Ikaria VI off Busan.

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Forklift moving cargo in a container yard
Industry

US Customs Weighs Demanding Foreign Export Filings From Importers Before Cargo Sails

Customs and Border Protection has opened consultation on rules that could require importers to supply foreign export declarations and trace products further back through their supply chains.

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Yard workers alongside a vessel under repair
Industry

The Architect of STX Returns to Shipbuilding Through a Stake in SK Oceanplant

Kang Duk-soo, who built and then lost the STX empire, is returning to shipbuilding through the consortium taking control of SK Oceanplant for about $298m.

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Container ship alongside a busy box terminal
Industry

Felixstowe and Charleston Join a Pink Corridor Study for Nuclear Powered Box Ships

A UK to US pink corridor project will study what would be required to run a nuclear-powered container ship between Felixstowe and Charleston, from safeguards to insurance.

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Crude tanker loading at an offshore terminal
Port activity

Panama Pays $191.7m for Full Ownership of Its Cross-Country Oil Corridor

Panama has bought the remaining 41% of Petroterminal de Panama, taking full state ownership of a pipeline and terminal system that works as a second canal for hydrocarbons.

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Crude tanker riding at anchor in open water
Dark fleet

Iranian Tankers Ride at Anchor off Sri Lanka and Malaysia With Nowhere to Discharge

A US naval blockade of Iranian ports has left a fleet of empty tankers stranded at anchorages off Galle and east of Johore, most of them unladen and many under sanctions.

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Vessel alongside in a northern Norwegian settlement
Sanctions

Norway Seizes the Professor Molchanov at Barentsburg on a Naftogaz Crimea Claim

A Russian research vessel turned expedition cruise ship has been seized in Svalbard on behalf of Naftogaz, which holds a $4.22bn award over assets lost in Crimea in 2014.

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Crew member at work on board a vessel at sea
Industry

Georgia Moves to Let Ships With Ten or More Crew Sail a Month Without a Qualified Cook

A legislative package before the Georgian parliament would let the Maritime Transport Agency waive the qualified cook requirement in cases of exceptional necessity.

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Ocean going tug under way in open water
Incident

Tug Seized off the Canary Islands With 3,361 Kilograms of Cocaine in 139 Bales

Spanish forces intercepted the tug GT Victory in the Atlantic near the Canary Islands with more than 3,300 kilograms of cocaine on board, in one of the largest seizures recorded in the islands.

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Passenger and vehicle ferry under way in coastal water
Industry

ABB Takes the Power and Propulsion Package for New Zealand's Cook Strait Ferries

Two 200-metre rail-enabled ferries being built at Guangzhou Shipyard International for 2029 delivery will use ABB power, propulsion and automation across the Cook Strait crossing.

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Naval vessel alongside at a shipyard repair berth
Industry

US Attack Submarines Have Spent 41 Ship-Years Idle Waiting for Shipyard Capacity

A watchdog report puts a decade of US attack submarine maintenance delays at 41 ship-years and warns that boats waiting to be decommissioned could cost $3.1bn over the next five years.

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Loaded bulk carrier under way seen from the air
Incident

Iran Seizes a Sugar-Laden Bulk Carrier Over an Oil and Sludge Discharge in Hormuz

Iranian authorities seized a bulk carrier after images showed oil being discharged into the Strait of Hormuz, adding a pollution case to a strait Tehran already polices for transit fees.

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Harbour tug under way in a port approach
Industry

Turkish, Chinese and Vietnamese Yards Deliver a Wave of Tugs Into Latin America

SAAM Towage, Svitzer, Boluda and Wilson Sons have all taken delivery of new harbour and escort tugs for Central and South America and the Caribbean in recent months.

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Container stacks at a United States west coast terminal
Industry

Ten Weeks Left on the China-US Port Fee Truce as the 9 November Deadline Nears

The suspension of US Section 301 port fees and China's matching special port dues expires on 9 November 2026, putting ownership and build country back at the centre of trans-Pacific deployment.

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Ice strengthened cargo vessel in Arctic waters
Industry

China, Russia and Kazakhstan Weigh an Ob-Irtysh River Route to the Russian Arctic

A revived Ob-Irtysh corridor would let Chinese goods reach Russian Arctic ports at the base of the Yamal Peninsula, but ice, drought and hydropower locks stand between the plan and the cargo.

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Trailing suction hopper dredger working in a coastal channel
Port activity

Second Jan De Nul Dredger Arrives at Anaklia to Take the Port Down to 17.5 Metres

The dredger Al-Idrisi has entered Anaklia Deep Sea Port in Georgia, where two Jan De Nul vessels will now work together to deepen the seabed to 17.5 metres.

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Large ship under construction in a shipyard dry dock
Industry

Peter Dohle Adds Two More 14,000 teu Ships at Hudong-Zhonghua, Taking the Series to Six

The Hamburg owner has extended its container ship newbuilding programme with two more 14,000 teu vessels at the CSSC yard, bringing its total order there to six ships.

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Gas storage tanks at a coastal terminal seen from above
Industry

NYK Takes Half of Avenir LNG to Build a Bunkering Venture With Stolt-Nielsen

Nippon Yusen Kabushiki Kaisha has completed the purchase of a 50% stake in Avenir LNG from Stolt-Nielsen Gas, creating a joint venture around one of the largest LNG bunker vessel fleets.

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Crude tanker alongside an oil storage terminal seen from the air
Industry

Hormuz Stalemate Keeps Brent Near $86 With a $100 Risk Case in the Forecasts

The EIA has lifted its third-quarter Brent forecast by $11 to about $85 a barrel, while Rabobank now sees $90 for both the third and fourth quarters of 2026.

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Detailed world globe showing Europe and Africa, illustrating global trade routes
Industry

Maritime Briefing, 3 September 2026: Hormuz, Strikes, Korean Yards

Two VLCCs struck minutes apart in Hormuz, Rotterdam stopping for eight hours, and Chinese yards taking 57.8% of the world's LNG carrier orders.

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Bulk carrier under way seen from the air
Industry

GMI Doubles Its Hydrogen Bulker Programme to Four Ships With an Indian Order

Green Maritime Infrastructure has ordered two more compressed-hydrogen bulkers at India's Chowgule Shipyard, joining two larger vessels already under construction in Turkey.

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Modern naval frigate under way at sea
Other

Sweden Signs for Four French-Built Frigates in a Lulea Class Configuration

Sweden has finalised the contract for four frigates based on the French FDI design, in a configuration the country says will triple its current air defence capability.

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United States flag flying against a clear sky
Industry

MARAD Cuts Its Title XI Application Fee by 80% in a First Overhaul Since 1978

The US Maritime Administration has cut the application fee for its federal vessel and shipyard financing programme to $1,000 and replaced the investigation fee with a commitment fee.

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Cruise ship alongside at a city terminal
Industry

Mein Schiff 7 Takes 25 Cubic Metres of Methanol in a Cruise Sector First

TUI Cruises has completed a demonstration methanol bunkering aboard Mein Schiff 7, the first cruise ship built methanol-ready, using fuel from renewable feedstocks delivered by road tanker.

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Container ships working cargo at Rotterdam
Industry

DP World Names Its First Methanol Dual-Fuel Box Ship, the 1,250 teu DP World London

DP World Shipping Solutions has named its first methanol dual-fuel container vessel, a 148-metre 1,250 teu feeder built in China and delivered in April 2026.

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Merchant ships representing a managed fleet
Industry

MOL Folds Six Ship Managers Into One Singapore Company Running 200-Plus Ships

Mitsui O.S.K. Lines has completed the merger of six group ship management companies into MOL Global Ship Management, creating a single organisation overseeing more than 200 vessels.

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Laden crude tanker under way in open water
Vessel sales

Tsakos Releases More Than $100m by Selling Two 2006-Built Suezmaxes

Tsakos Energy Navigation is selling another two ageing suezmaxes, releasing more than $100m into cash reserves as younger tonnage arrives from a 26-vessel newbuilding programme.

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Offshore crew securing equipment on a vessel deck at sea
Industry

Tidewater and Helix Close Offshore Deals a Day Apart as Consolidation Runs On

Tidewater completed its $500m purchase of Wilson Sons Ultratug on 31 August, and Helix Energy Solutions merged with Hornbeck Offshore Services and adopted the Hornbeck name from 1 September.

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Officer monitoring navigation displays on a ship's bridge
Industry

Weather Drove 84.6% of Urgent Maritime Safety Messages Sent During 2025

Inmarsat Maritime has combined three years of GMDSS distress data with an analysis of 106,975 safety broadcasts transmitted in 2025, with storms making up 75% of identified weather hazards.

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Engine room machinery spaces aboard a container ship
Industry

Four in Five Crew Deaths Are Caused by Illness Rather Than Accidents

An analysis of nearly 3,000 crew claims found 81% of fatalities were illness-related and only 19% resulted from injury, with cardiovascular disease the single largest cause.

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Ships being dismantled at a coastal recycling yard
Industry

EU Recycling Yards Used 5% of Their Capacity While Owners Beached 345 Ships

Research covering 2019 to 2025 finds around 30 EU yards with 1.3m ldt of capacity used just five percent of it, while 66% of EU tonnage was beached in India, Bangladesh and Pakistan.

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