Narco-Terror. US Kills 4 in Caribbean Drug Boat Strike—Is This a New War on Cartels?
A 7-second strike in the Caribbean Sea ends with four deaths.
- Narcotics. 70th US Airstrike on Drug Boats Kills Four as UN Calls Attacks Illegal
- Clarksea index. Shipping Freight Rates Hit All-Time High—Why the Boom Won’t Fade Soon
In-depth analysis with FP
Conflicts. Drone Strike on LPG Tanker: 9 Indian Seafarers Safe
A Liberia-flagged LPG tanker was hit by a drone near the Strait of Hormuz, leaving all 19 crew members unharmed.
South Africa’s Port of East London Bets Big on LNG to End Load Shedding
Transnet launches 25-year concession for an 8,900 m² LNG terminal to slash coal dependence and power industrial growth.
Energy. Ivory Coast finally gets floating LNG terminal after decade of delays
Shipwrecks
Fishing Vessel. Bulker Collision Off Singapore: How a Fishing Vessel Survived
A Chinese fishing vessel narrowly avoided disaster after a bulker’s bow struck its stern in Singapore’s congested.
Merchant mariner. 174,000 Tonne Bulker Floods Off Vietnam: Reef Strike Suspected
Shipping. 76 Dead as Philippine Ferry Fire Exposes Maritime Safety Crisis
Java Sea. 140 Missing After 39-Year-Old Ferry Capsizes in Java Sea Storm
Headlines
Coast guard. 1,300-Mile Medevac: How the US Coast Guard Saved a Seafarer in the Atlantic
A critically ill crewmember was rescued from a boxship 1,300 nautical miles from shore after onboard treatment failed.
Logistics. $250k Damage: Truck Driver Rams Aldi Store in Deliberate Nashville Crash
A 34-year-old driver intentionally crashed an 80,000-pound tractor-trailer into an East Nashville Aldi, police confirm.
Freight Crime. $230K in dimes stolen: How a Philadelphia theft ring targeted parked trucks
Disaster. 76 Dead as Philippine Ferry Fire Leaves Families in Agony
Conflicts
Conflicts. US Warns Ukraine Over Strikes on American-Linked Ships
Washington demands Kyiv halt attacks on vessels tied to US interests ahead of Zelenskyy-Trump meeting.
Conflicts. Iran to Auction Seized US and Israeli Ships—Who Gets the $100m+ Windfall?
Shadow fleet. Ukraine’s Drone War Cripples 300 Russian Shadow Fleet Ships
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Trade Routes. Sohar Port: India’s $10bn Lifeline as Hormuz Shuts Down
Oman’s deepwater hub sees feeder services from India quadruple since Strait of Hormuz disruption
Cruise. Port Miami Smashes 10 Million Cruise Passengers—With Two Weeks to Spare
The port surpassed its previous annual record of 8.56 million passengers with 14 days left in the fiscal year.
Shipyards
Defence. US Navy’s 4-Pillar Plan to Double Submarine Production by 2031
The US Navy targets two Virginia-class and one Columbia-class submarine annually under a new industrial strategy.
Shipyards. Singapore’s Synergy Marine locks in India shipyard deal
Economy & Markets
Stock Markets(FP)
Insurance. P&I Clubs Eye 7.5% Premium Hike Despite $6.8bn War Chest
Protection and Indemnity clubs face pressure to raise rates by up to 7.5% next year.
Business. Alvys snatches LoadOps clients in $9bn freight play
Alvys takes over Optym’s LoadOps customer base as migrations begin immediately—financial terms undisclosed.
Cruise. $3bn Deal: Royal Caribbean Takes Over Sandals in Caribbean Power Play
Royal Caribbean Group secures 50% stake in Sandals and Beaches Resorts for $3bn, valuing the luxury chain at over $6bn.
World Economy
Manufacturing. Reshoring Boom: Why Factories Are Fleeing Low-Cost Havens for North America
Manufacturers now prioritise resilience over cost, delaying irreversible bets.
Freight. Spot Rates Surge 90¢: Why Truckers Still Can’t Relax
Truckload rejections hit 14.5% as spot rates climb to $3.42 per mile, but diesel costs keep carriers on edge.
Clarksea index. Shipping Freight Rates Hit All-Time High—Why the Boom Won’t Fade Soon
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. U.S. Diesel Export Ban: A $6.50 Price Fix or a Global Fuel Crisis?
Republican lawmakers push for a ban as diesel hits $6.52 a gallon.
Energy. FLNG leasing deal shakes up LNG market: who gains most?
Chinese and Malaysian firms team up to offer floating LNG units under lease-and-operate model.
Renewables
Offshore. Fuel Cells Hit 70% Efficiency: The FPSO Power Revolution Begins Offshore
ABS grants milestone approval for a 40-kW solid oxide fuel cell system set to slash FPSO emissions by integrating.
Renewables. Drones Slash Offshore Wind Downtime by 20%—How RWE Did It
FP Week Week 40 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Cargo Crime. $600K Cargo Theft Ring Busted: FBI Uncovers Cross-State Heist
Three men face federal charges after $600,000 in stolen goods were recovered across multiple states.
Shipping. Indonesia Ferry Disaster Death Toll Hits 28 as Divers Battle Murky Waters
Rescuers recover nine more bodies from the capsized KM Virgo Transport 8, bringing the confirmed fatalities to 28.
Union Maritime. Union Maritime’s 80-ship orderbook: the nine vessels reshaping global
The London-based owner has ordered nine newbuildings across five segments, pushing its orderbook to nearly 80 ships.
Shipping. Women seafarers: why 1.2% still face a workplace designed for men
Just 24,000 women work at sea globally—yet they report higher harassment, fewer promotions.
Containers
Freight. Transpacific rates hit $11,259 as Europe gap smashes records
Asia-US East Coast spot rates surge to $11,259 per feu while Asia-Europe plunges to $4,103, creating a $7,100 gap.
Shipping. 27,500 TEU Giants: Why Carriers May Ditch 24,000-Box Ships by 2030
Alphaliner forecasts a new class of 425-metre vessels as fuel costs and carbon taxes reshape East-West routes.
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Fishing
Enforcement. South Korea Boosts Patrol Fleet to $1.6bn as Illegal Fishing Surges
Seoul allocates $266m to expand its 3,000-ton patrol fleet from 11 to 17 vessels by 2030.
Narcotics. U.S. Hits Ecuador’s Fishing Fleet with Sanctions
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