Energy. Tanker Fire Off Iraq Sparks Fears of Widening Maritime War
UKMTO reports vessel ablaze 63 nautical miles southeast of Al-Faw, the 10th suspected Iranian strike this month.
- Energy Security. 1.5bn barrels flow through Hormuz as US admiral vows to keep lanes open
- Naval. Russia’s Pacific Fleet Gets Fifth Stealth Corvette After Five-Year Build
In-depth analysis with FP
Ports. Khalifa Port Leaps to 34th Globally as TEU Volumes Surge 21.6%
Abu Dhabi’s flagship hub handled 6.6 million TEUs in 2025, marking the highest growth rate among the world’s top 40.
Kenya bets $1.2bn on private hands to revive Mombasa and Lamu ports
The government launches a two-phase concession programme to modernise its key maritime gateways, starting.
Offshore. Five still missing as Borr jackup sinks off Gabon
Shipwrecks
Maritime Security. Fire Engulfs Unknown Vessel Off Iraq
UKMTO reports blaze 63 nautical miles southeast of Al-Faw, crew status and cause still unconfirmed
Shipping. Seven Crew Abandon Ship as Seahorse Lists Off Lebanon
Shipping. UHL Freedom drifts in 4.5m North Sea waves after engine failure
Energy Crisis. 60-Square-Mile Oil Slick Chokes UAE Coast as Iran Escalates Hormuz Strikes
Headlines
Mergers. Stena swallows Color Line in €650m ferry mega-deal
Swedish giant buys Norway’s largest ferry operator for undisclosed sum.
Luxury. Scenic Ikon: The 26,500 GT Yacht Redefining Luxury Warm-Water Cruising
Scenic Group’s newest 26,500 GT yacht will spend 70% of its time in warm climates.
Fleet optimization. Carnival Corp. Bets on Fleet Tweaks Over New Ships as Rivals Expand
Oil Spill. UAE Shuts All Beaches After Tanker Spill Covers 100km² Near Coast
Conflicts
NATO Response. France sends patrol plane to Black Sea as drone attacks kill four sailors
French Atlantique 2 aircraft deployed to Romania after eight cargo ships hit since early October
Conflicts. Sinokor faces Iran’s fleet-wide crackdown from Sunday: 46 ships blacklisted
Drug trafficking. Indonesia seizes $192m ketamine haul from tanker in Andaman Sea raid
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Ports. US Port Grants Hit Five-Year Low as AAPA Warns of $10.9bn Shortfall
MARAD awards $498m in final PIDP funding from the Bipartisan Infrastructure Law, the lowest level in five years.
Shipyards. Hanwha Shifts Philly Shipyard to Defence Arm in $5bn US Push
South Korean conglomerate transfers 60% stake to Hanwha Defence USA.
Shipyards
Navy’s Top Brass Tours Austal’s 3D Printing Hub for Fleet Readiness
Admirals James Kilby and Daryl Caudle inspect the Navy’s Additive Manufacturing Center of Excellence in Virginia to.
Shipyards. HD Hyundai and Kiewit to launch US shipyard with 3,000 jobs
Economy & Markets
Stock MarketsUK Firms Eye £2bn Indonesia Maritime Deal as Babcock Opens Supply Chain
Babcock’s Supplier Day in London reveals opportunities for UK businesses in Indonesia’s £2bn Maritime Partnership.
Motus glitches drag on: FMCSA still silent on full fix date
FMCSA Deputy Administrator Jesse Elison admits the agency’s new registration system continues to block legitimate.
Trade Policy. US Extends China Ship Fee Freeze to 2027 Amid Trade Talks
Washington proposes a two-month extension of suspended port fees for Chinese vessels.
World Economy
Sanctions. US Lawmakers Threaten Ports Over Russian Diesel Imports
Six Democratic senators warn major US ports and banks of legal action if they handle Russian diesel cargoes under.
Freight Tech. Freight matchmakers merge to plug the 10% that breaks the chain
123Loadboard and Direct Freight combine under One Freight Network to catch the loads.
Energy. First Russian diesel tanker sails for US under Trump-Putin deal
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. Singapore bets on floating power plants to secure energy future
Joint venture plans powerships, floating data centres and hydrogen-ready vessels to meet surging demand in Southeast.
Offshore. Eni awards $1.8bn in contracts to kick off Cyprus’ first gas project
Italian energy major signs key deals for Cronos development, targeting first gas in 2028.
Renewables
Decarbonisation. Japan launches world’s first ammonia-fuelled car carrier fleet by 2030
Seven Japanese firms partner to build four ammonia-powered vessels and a dedicated bunkering ship for Toyota exports.
Marine Conservation. 96% of coral reefs face collapse by 2075: MSC Foundation sounds alarm
FP Week Week 46 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Shipping. Wallenius Wilhelmsen bets $1.5bn on 26-ship fleet overhaul
Norwegian car carrier secures $300m to fund dual-fuel PCTCs with options for 12 more vessels by 2032
Cargo theft. Freight fraud exposes $12m hole in US logistics security
Criminals exploit carrier identities to divert shipments, with losses exceeding $12 million in a single conspiracy.
Warships. China’s Fujian: 3 Electromagnetic Catapults Redefine Naval Power
The 316-metre Type 003 carrier marks China’s first use of electromagnetic launch technology, bridging the gap.
Logistics. Spartan’s dispatchers build AI agents after CEO’s ‘insane’ AI push
Texas-based carrier’s VP of operations automates hourly reports, cutting dispatcher workload by 17%
Containers
Newbuilds. Döhle eyes four 3,700 TEU boxships at Chengxi in unconfirmed deal
German tonnage provider linked to quartet of conventionally powered vessels at CSSC yard, sources say
Electric container. 151 MWh battery ship wins ABS nod: first 1,700-TEU zero-emission box carrier
Hanwha Power’s 1,700-TEU vessel design secures Approval in Principle for containerised 151 MWh battery system.
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Fishing
Fishing Crisis. UK Fishing Fleet on the Brink: Could Defence Be Its Lifeline?
British trawlers, outpriced by EU competitors, may find new purpose in coastal surveillance and defence roles by 2038.
Fishing. UN Negotiates Ban on Seamount Trawling by 2027
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