Business. BW LPG unlocks $128m selling ageing VLGCs as newbuild spree nears $1bn
The Oslo-listed owner sells two 2007-built gas carriers for $64m each, booking $73m in gains.
- Search. 22 Crew Missing: Lifeboat Found Empty as Search Expands in Bay of Bengal
- Ports. Isle of Man Tanker Sparks Sovereignty Row in Argentina’s Southern Port
In-depth analysis with FP
LNG. Höegh Autoliners bets big: 6 new car carriers to meet surging Asian demand
The Oslo-listed owner orders six 9,100-ceu vessels from China, expanding its Aurora-class fleet to 18 ships by 2031.
17,200-TEU Giant Saves 14 Days: Why Maersk Chose Suez Over Africa
Bangkok Maersk’s first Suez transit marks a strategic shift for Europe-Asia trade routes amid rising traffic.
Africa. 5,000 Tonnes of Rice Reach Africa: How DP World and WFP Are Feeding 14,200
Shipwrecks
Rescue. 27 Crew Saved in 11 Hours: How a Burning Ship Off Galapagos Became a Race
A fishing vessel ablaze 527 miles southwest of the Galapagos triggered a rapid international rescue operation.
Bulk Carrier. 22 Crew Missing as Bulk Carrier Sinks Off India: The Race Against Time
Pacific rescue. 27 Lives Saved: How a Burning Tuna Seiner Triggered a Pacific Rescue
Bay. 22 Lives at Stake: Iron Ore Ship Sinks in Bay of Bengal
Headlines
Shipping. Fire on Scrap Metal Bulker in Cardiff: Why Lithium Batteries Could Be
A 36,563 dwt bulker loaded with 20,000 tonnes of scrap metal caught fire at Queen Anne Docks.
Operations. AI That Cuts Ship Survey Time by Half—How ClassNK’s New Tool Works
ClassNK’s AI assistant ‘Survey Compass’ answers natural-language queries on classification surveys.
Defence. India and New Zealand Lock Arms for Indo-Pacific Naval Dominance
Narcotics. Spanish Patrol Boat Under Fire: 10 Arrested in Six-Tonne Hashish Seizure
Conflicts
Conflicts. Container ship orders hit 39% of fleet—will rates sink?
New orders for 13.1m TEU threaten to outpace 2026 trade growth of 3–4% as deliveries accelerate.
Strait. Singapore’s maritime edge shifts from volume to trust
Conflicts. US Navy’s Longest Carrier Deployment Ends in Thailand—After 270 Days at Sea
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Jeddah islamic. $434m Jeddah Terminal Deal: How Saudi Arabia Bets on Red Sea Trade
Saudi Arabia and France sign $434 million deal to build Terminal 4 at Jeddah Islamic Port.
Shore power. Callao Cuts 6,000 Tonnes of CO2: Latin America’s First Cold-Ironing Port
Peru’s Port of Callao launches shore power for boxships, slashing emissions by 90% per call.
Shipyards
Arctic. Canada’s $7.9bn Icebreaker Fleet: Why NATO’s Arctic Edge Just Got Sharper
Quebec shipyard lands C$11.3bn contract to build six Polar Class 3 icebreakers for the Canadian Coast Guard by 2038.
Shipyards. $8.2bn icebreaker deal: Canada’s Arctic lifeline gets a frozen facelift
Economy & Markets
Stock Markets(FP)
Business. BW LPG unlocks $128m selling ageing VLGCs as newbuild spree nears $1bn
The Oslo-listed owner sells two 2007-built gas carriers for $64m each, booking $73m in gains.
Drought. Panama Canal’s $5.3M Slot Auction: How LPG Traders Are Burning Cash
SK Gas smashes its own record—again—as LPG traders pay millions to skip the queue.
Energy. Iran’s 45-Tanker Blacklist Sparks Strait of Hormuz Crisis: What It Means
Tehran’s new maritime authority threatens fines, detention, and cargo confiscation for vessels violating transit rules.
World Economy
Malacca strait. 25% of Global Trade at Stake: Why the Malacca Strait Must Stay Open
Indonesia, Singapore and Malaysia reaffirm commitment to keep the 435-nautical-mile waterway free for all vessels under.
Ports. 4.3m TEU Stuck: Port Congestion Worse Than Covid Peak
Global port congestion hits record 4.3 million TEU of vessel capacity waiting to berth, surpassing Covid-19 bottlenecks.
Telecoms. Antarctica’s data bottleneck: $620m cable to end ‘suitcases of hard drives’
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. BP’s 25-year offshore giant: Halliburton lands Brazil appraisal deal
Halliburton wins integrated contract to fast-track BP’s largest deepwater discovery in 25 years off Brazil.
Energy. ADNOC’s $444m LNG bet: Why 20 ships now define Abu Dhabi’s gas gambit
ADNOC Logistics & Services expands its LNG fleet to 20 vessels with a $444m order at Jiangnan Shipyard.
Renewables
Carbon Capture. €225m EU boost for North Sea carbon storage: SLB to lead critical phase
SLB selected as strategic partner for Havstjerne project, advancing Europe’s largest offshore CO2 storage development
Offshore. Norway grants 12-month delay to North Sea wind farm: what’s at stake?
FP Week Week 35 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Logistics. Amazon’s 200 mph bullet trains slash delivery times—now bikes take
E-commerce giant deploys Japan’s Shinkansen network and e-cargo bikes to cut emissions and congestion in urban areas.
Subsea projects. Adani-backed Astro Offshore adds 150-tonne MPSV
Astro Offshore deploys DP3 MPSV Astro Aurora with 1,000 sq m deck and 150-tonne crane to target complex subsea projects.
Shipping. New Tank Cleaning Handbook Sets Industry Standard for Cargo Safety
ChemServe and Witherbys release first edition of Tank Cleaning Practice to standardise cargo tank operations globally.
Chartering. Diana Shipping locks in 41% rate hike for panamax bulker Leto
Greek owner secures $18,000 per day for 81,297 dwt vessel in direct continuation with Cargill
Containers
Containers. Port Congestion Hits 4.3m TEU: Worse Than Covid-Era Chaos
Global port congestion removes 4.3 million TEU from circulation, surpassing the pandemic peak.
Containers. West Coast vs East Coast: Why Shippers Are Overpaying by $3,334 per
Xeneta data reveals U.S. West Coast imports save $3,334 per FEU compared to East Coast routes amid soaring spot rates.
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Fishing
Narcotics. U.S. Hits Ecuador’s Fishing Fleet with Sanctions
Ten vessels and 15 individuals linked to Ecuadorian cartels face Treasury restrictions for moving 30-40 tonnes of.
Fishing. One Bomb Blast per Hour: The Hidden War on Indonesia’s Coral Reefs
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