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
Blockade. Freedom Flotilla delays Gaza mission to 2027 after breakdowns
Mechanical failures and migrant tragedies force pro-Palestinian coalition to suspend its latest attempt to breach.
Conflicts. Hormuz attacks surge as UKMTO loses count of unreported strikes
Black Sea. Romania Downs Two Russian Drones in NATO’s Black Sea Skies
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Shipbuilding. Rheinmetall and MSC turn Romania’s Mangalia into dual-use shipyard hub
German defence giant and Swiss carrier pay €134m to revive bankrupt yard for military and commercial vessels
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.
Shipyards
Maersk. Maersk’s India Drydock Debut: Why This Vessel Changes the Game
Maersk Chattogram arrives at L&T’s Kattupalli Shipyard on 20 October for India’s first Maersk drydocking.
Shipbuilding. Nanjing Tanker triples LR2 fleet with Dalian quartet order
Economy & Markets
Stock Markets(FP)
Shipyards. MSC and Rheinmetall snap up Romania’s Mangalia shipyard for €138m
The €138m deal revives one of Europe’s largest shipbuilding facilities with dual commercial and naval ambitions.
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.
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. Greenpeace Boarding Halts $12.5bn Scarborough Gas Project: 2 Arrested
Woodside Energy pauses pre-commissioning work at 98% complete offshore LNG project.
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.
Renewables
Renewables. Trump Administration Moves to Block Second Offshore Wind Project
US Justice Department files to remand Maryland Offshore Wind approval, citing alleged gaps in environmental review.
Carbon Capture. Norway’s Northern Lights CCS jumps to 5m tonnes: Worley Rosenberg lands
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
Shipping. Maersk eyes nuclear ships on US-UK route: regulatory hurdles ahead
The world’s second-largest carrier is studying safety and governance gaps for a potential transatlantic nuclear-powered.
AR in Maritime: ABS Sets Safety Rules Before Industry Adopts Tech
New ABS guidance helps operators assess augmented reality’s impact on safety and efficiency in industrial tasks.
Marine Engines. Northern Lights Taps Diesel Marine NZ for Australia & South Pacific Push
Seattle-based manufacturer appoints Auckland firm to distribute generators.
Maritime rescue. AIDAnova rescues four fishermen from burning boat in Skagerrak drama
183,858 GT cruise ship diverted to assist distressed Danish-registered fishing vessel on October 18
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.
Financial Ports Newsletter
The maritime economy, every morning
Ports, shipping and freight markets in one short email. Free.
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
Financial Ports newsletters
Pick the ones you want. Free, and you can unsubscribe in one click.
African Ports
Weekly Free
The news from Africa's ports: traffic, trade and terminals.
Conflicts & Crime at Sea
Weekly Free
Conflicts, piracy, sanctions and crime on the high seas.
Subscriber Specials
Monthly Free
Special stories and reports, exclusive to our subscribers.
Global Economy
Weekly Free
The global economy that moves shipping: trade, markets and money.