Shipyards. South Korea’s HJ Shipbuilding nails first US Navy repair
Mid-sized South Korean yard completes overhaul of USNS Amelia Earhart after six-month delay and expanded scope
- Defence Fraud. NATO Ship Supply Fraud: Five Arrested in €1m Bribery Scheme
- Missiles. North Korea Fires Two Submarine Missiles: Why This Test Alarms the Region
In-depth analysis with FP
Carbon War. UK ports slam EU carbon rules as threat to £1.3bn expansion
British Ports Association rejects Brussels claims that UK container growth is driven by ETS avoidance.
Somali Pirates Hijack 8 Ships as Global Piracy Hits 1992 Low
IMB reports 51 incidents in nine months, the lowest since 1992, but Somali gangs now account for 94% of hostage cases.
Shipyards. Morocco Scraps $300m Casablanca Shipyard Tender After Sovereignty U-Turn
Shipwrecks
Strait. Helicopter Rescue: Injured Seafarer Airlifted 44 Miles Off Oman
An Omani Royal Air Force helicopter evacuated a crew member from the merchant vessel JOHN K following an engine room.
Bosphorus strait. 6,000-Ton Chemical Tanker Drifts Toward Istanbul’s Historic Shoreline
Conflicts. Black Sea Attack: 3 Indian Seafarers Rescued After Ship Hit En Route
Shipping. US Coast Guard Rescues 55-Year-Old Crewman 86 Miles Off Hawaii
Headlines
Surveillance. Taiwan Deploys V-BAT Drones to Secure Its Maritime Borders
Taiwan’s Coast Guard receives its first V-BAT drones to enhance maritime domain awareness and law enforcement across.
Logistics fraud. $9.4m fraud verdict exposes COVID glove trade chaos
Jury finds Wyoming logistics broker liable for misrepresenting $800m PPE contract in failed $9.5m glove shipment
Shipping. COSCO locks in decade-long deal to ship Chinese cars worldwide
Cybersecurity. 38 maritime firms face $14m ransom deadline
Conflicts
Black Sea. Romania Downs Two Russian Drones in NATO’s Black Sea Skies
Two Geran-4 drones shot down 13 and 11 nautical miles off Sulina as NATO prepares emergency talks on Black Sea security.
Maritime Attack. RPG Strikes Tanker 78 Miles Off Saudi Arabia as Houthi Tensions Boil
Sanctions. Iran’s Oil Runs Dry as US Blockade Bites
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Colombo Port. US Drops $17M on Colombo Port as China’s $350M Hub Collapses
Washington invests in digital systems while Beijing’s state-owned CM Ports walks away from a $350m logistics project.
Colombo Port. US Pours $17m Into Colombo Port as China Walks Away
Washington funds digital upgrades while Beijing abandons $350m logistics hub amid regulatory hurdles.
Shipyards
Defence. India’s first private-built naval vessel INS Samarthak enters service
The 3,750-tonne multipurpose vessel was commissioned at Karwar Naval Base on October 16, 2026.
Fincantieri Bets $100m on Robotics to Build the Shipyard of 2030
Economy & Markets
Stock Markets(FP)
Legal. Jones Walker maritime team sweeps top legal rankings for 2026
US firm’s maritime practice secures national recognition in Chambers USA, Legal 500 and Best Lawyers 2027
Price. VLCCs fetch $235m as tanker owners play ‘The Price Is Right’
Secondhand VLCCs now trade at an 82% premium over newbuilds as geopolitical tensions tighten tonnage supply.
Business. $2.1M fraud unravels: Trucking boss admits identity theft scheme
Hasan Korkmaz pleaded guilty to 18 counts after nearly 100 identities were stolen to fund a credit card bust-out scheme.
World Economy
Digital. AskChief CEO: Shipping’s AI edge lies in deployment
The real advantage lies in how companies deploy AI, not the technology itself, says AskChief’s CEO.
Energy. Nord Stream trial: Did Ukraine order Europe’s biggest energy attack?
A former Ukrainian officer faces war crime charges over the 2022 Baltic Sea blasts that ruptured three gas pipelines.
Oil markets. US shadow fleet plan crashes tanker stocks: 17% of global tonnage at stake
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. Hong Kong’s First LNG Bunkering for Car Carrier: Why It Matters
Hong Kong delivered 2,600 cubic metres of LNG to a 7,000-vehicle PCTC in a six-hour operation.
IEA: Russian Diesel Won’t Ease Global Supply Crunch Until 2027
The International Energy Agency warns diesel shortages will persist into 2027, keeping prices at record highs.
Renewables
Carbon Capture. Norway’s Northern Lights CCS jumps to 5m tonnes: Worley Rosenberg lands
Subsea 7 awards Worley Rosenberg fabrication of subsea spools and structures for Phase II.
Renewables. Estonia’s First Electric Ferry to Cut Emissions
FP Week Week 44 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Protest. Greenpeace Activists Face 10-Year Jail Term After Boarding Gas Platform
Two activists arrested after occupying Scarborough FPU 125 nautical miles off Western Australia for 36 hours.
Daimler’s 2027 Engine Gambit: No Pre-Buy, No Credits, Just Compliance
Daimler’s Detroit engine for 2027 shares two-thirds of its parts.
Aviation. F-35C Stealth Fighter Lands on Ford-Class Carrier for First Time
US Navy’s F-35C Lightning II completes milestone arrested landing aboard the future USS John F. Kennedy (CVN 79) in the.
Navy. USS Robert Smalls ends Pacific tour with 40,000-mile homecoming
The Ticonderoga-class cruiser returns to San Diego after seven months supporting two carrier strike groups across the.
Containers
Floating container. 3,000 TEU on a deck the size of two football pitches: meet the ship
The 2024-built Fan Zhou 8 carried 3,116 TEU on an open deck measuring 256m by 51m.
Container schedule. US-bound containers face 6-day delays as global schedules collapse
Global container schedule reliability hit 27% on-time in September, with Asia-to-North America delays nearing 7 days.
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Fishing
Aquaculture. Farmed Fish Feed Devours Wild Stocks: The $313bn Industry’s Dark Secret
Over a fifth of all marine life caught globally is ground into feed for farmed fish, a five-year investigation reveals.
Enforcement. South Korea Boosts Patrol Fleet to $1.6bn as Illegal Fishing Surges
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