Maritime news

The company plans to hire more skilled workers, upgrade its shipyards and use more technology, including robotics and physical AI.

Iran said on Sunday it had attacked an unmanned U.S. vessel trying to enter an area that Iran says is restricted in the Strait of Hormuz.

The visit gave its crew a short break after an extended deployment including operations in the Middle East.

The commissioning came a day before the United States, South Korea and Japan were set to begin their five-day Freedom Edge military exercise.

The Panama Canal Authority today welcomes a new Administrator, Ilya Espino de Marotta, the first woman to lead the waterway.

Global conflicts have upended shipping markets across the board but the large tanker market has broken records that have stood since 2008

The fire started on September 5 in the steering-gear compartment at the stern of the ship, Russian Telegram channel 112 reported.

Dual-fuel ships are easing shipping’s fuel supply dilemma, but industry experts say regulation is now needed to close the green fuel price gap.

Russia has begun loading crude from its giant Vostok Oil development onto tankers at the newly built Bukhta Sever terminal on the Kara Sea, marking the start of what could become one of the largest new sources of shipping demand on the Northern Sea Route.

The systems will allow warships to maintain secure voice, data and video links while operating thousands of kilometres from shore.

The pilot of a smuggling boat that capsized off Imperial Beach in last year, killing 5 immigrants was sentenced to 57 months in prison.

For decades, China’s maritime pressure on Taiwan centered on the major shipping strait separating the two neighbors. Now, Beijing is piling unprecedented pressure on its Pacific coast — a vital lifeline with US allies.

Iran has decided to form an exclusion zone around the Strait of Hormuz to prevent ships from crossing the strategic waterway without its permission.

Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping sent oil prices higher on Monday.

India's Buoyancy Consultants entered into a maritime pact with German firm Neptune Ship Design GmbH to deliver specialised container, passenger and research vessels.

A robotic system which was developed in just 7 months successfully refuelled a drone boat at sea, without requiring it to return to port.

Swire Shipping is to fully integrate its specialist project and heavy lift business, Swire Projects, into the main Swire Shipping brand from November, while also investing further in the multipurpose fleet supporting the operation. The Singapore-headquartered company has agreed to acquire four of the six multipurpose h

A U.S. aircraft carrier and a guided-missile destroyer avoided several Iranian attacks. No American personnel were hurt, CENTCOM said.

Chinese shipyard strikes repeat order and unveils three international procurement deals

Report cites widespread lapses in federal safety reviews as larger vessels, surging traffic outpace aging US harbour infrastructure

Japan has approved the first projects under its new shipbuilding revival fund, committing up to ¥213.1bn ($1.36bn) to three yard groups as Tokyo moves from policy pledges to large-scale capacity investment. The Ministry of Land, Infrastructure, Transport and Tourism has approved plans led by Imabari Shipbuilding, Japan

Samsung Electronics America is seeking at least $186m from CMA CGM in one of the largest shipper claims to emerge from the pandemic-era container crunch, accusing the French liner of imposing huge cargo charges while failing to complete prepaid inland deliveries in the US. The complaint, formally served by the Federal

Shipping’s proposed global carbon price has survived another bruising week at the International Maritime Organization, with a clear majority of countries continuing to back the core architecture of the Net-Zero Framework ahead of a decisive round of talks in December. Nearly 1,200 delegates participated in last week’s

Ukraine’s maritime campaign against Russian shipping has pushed deep into the Mediterranean, with reports over the weekend that the sanctioned Russian roro Lady Mariia was struck by drones near Crete. Drones dropped bombs on the 7,184 dwt vessel on Sunday as it headed east towards Syria. The precise origin of the attac

The increasingly violent tanker war around the Strait of Hormuz is threatening to send oil prices sharply higher, with Goldman Sachs warning today Brent could hit $120 a barrel if attacks on shipping intensify. The warning comes after another extraordinary weekend at sea in which Iran claimed attacks on three tankers,

Port congestion in Asia, the battle for Hormuz, and Samsung seeking damages from CMA CGM

The Panama Canal has postponed its latest planned neopanamax draft restriction, offering shipowners some relief after a summer of steadily tightening water constraints. The Panama Canal Authority (ACP) said on Friday it will maintain the maximum authorised draft at 14.63 m, or 48 ft, in tropical fresh water. A reductio

Russia has started shipping crude from the giant Vostok Oil development through the newly built Bukhta Sever terminal on the Taimyr Peninsula, opening what Moscow intends to become one of the Arctic’s largest oil export gateways. President Vladimir Putin gave the order by video link over the weekend to begin loading th

While the Panama Canal Authority reduces transit numbers water levels are better than expected

Following the end of the MEPC’s Intersessional Working Group on GHG the feeling was that the collaborative resolve remained but there was little tangible progress

Spain has widened the rules governing state-backed ship financing, allowing previously approved projects to amend their subsidy awards when construction contracts or financing structures change substantially before delivery. Royal Decree, which entered into force on September 4, plugs a gap left by revisions to Spain’s

By Florence Tan SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data...

By Andreo Calonzo Sep 6, 2026 (Bloomberg) –For decades, China’s maritime pressure on Taiwan centered on the major shipping strait separating the two neighbors. Now, Beijing is piling unprecedented pressure on...

By Jennifer A. Dlouhy and María Paula Mijares Torres Sep 6, 2026 (Bloomberg) –US Navy escorts that are helping tankers cross the Strait of Hormuz are essential to sustaining crude flows...

SEOUL, Sept 7 (Reuters) – North Korean leader Kim Jong Un said the country’s newest destroyer would be part of a nuclear response system and could deliver “annihilating retaliatory strikes,” state media...

Chinese owner Fujian Highton Development is looking to raise up to RMB2bn ($295m) to bankroll a 16-ship acquisition programme spanning dry bulk and multipurpose heavylift tonnage. The Shanghai-listed company has unveiled a private placement of as many as 412.5m new A shares, equivalent to 30% of its existing share capi

Dorian LPG has secured a new $368.4m seven-year financing, consolidating four existing financing arrangements as the US-listed gas carrier owner pushes ahead with a new generation of VLGCs. The John Hadjipateras-led company has arranged a $213.4m term loan and $155.1m revolving facility priced at 140 basis points over

Germany’s SAL Heavy Lift is moving to double its Orca-class programme in China, signing a memorandum of understanding with Wuhu Shipyard for five additional multipurpose heavylift vessels. The Harren Group company and Wuhu have signed the deal covering another five 14,600 dwt ships based on the Orca design. If converte

Greek owner Sea Pioneer Shipping has emerged as the company behind SK Oceanplant’s recently announced series of six firm plus two optional aframax tankers. Market sources have identified the Vasilis Bacolitsas-led owner as the previously unnamed Greek customer behind six 115,000 dwt crude carriers at the South Korean y

Germany’s Leonhardt & Blumberg has signed up for another pair of MR chemical and product tanker newbuildings at Guangzhou Shipyard International, extending its rapid move into the tanker sector. The Hamburg owner signed for two additional 49,500 dwt vessels with CSSC’s GSI, adding to its series at the yard that kicked

Ventura Offshore has struck a management deal with Eldorado Drilling for the seventh-generation Deep Value Driller and simultaneously secured a one-well drilling contract with Petronas in Indonesia valued at around $58m. The Oslo-listed contractor said it will provide marketing and operations management services for th

AI will only transform shipping once data, context, connectivity and fragmented workflows are finally brought together. The introduction to SplashTech’s brand new magazine. If one answer dominates SplashTech’s survey of maritime technology leaders, it is artificial intelligence. The more revealing finding is how few re

Baker Hughes has secured a significant contract from BP for vessel-based well stimulation work across the UK North Sea, covering both new wells and efforts to squeeze more production from mature fields. The US energy services group said on September 4 that it will deploy its modular StimFORCE stimulation package under

Qingdao McDermott Wuchuan Offshore Engineering and CNPC Offshore Engineering’s Qingdao arm have signed an agreement covering jacket fabrication for QatarEnergy LNG’s North Field West expansion. The deal is the first project activated under a broader cooperation framework signed by the two Chinese fabricators in April.

Oil States Brasil has secured a three-year contract from Petrobras covering maintenance, technical assistance and intervention support for subsea equipment across the Brazilian major’s offshore operations. The Macaé-based company said the scope includes inspection and testing, preventive and corrective maintenance, ins