War. Ukraine drone strike cripples Russia’s Baltic oil hub: 44 drones downed
Ukrainian forces hit Novatek’s Ust-Luga complex, sparking fires and halting crude distillation units.
- Sanctions. Sixth Russian Shadow Tanker Boarded: EU Cuts Lifeline to Kremlin War Chest
- Shipwrecks. Ferry Captain and Crew Charged After 8 Die in 514-Metre Cyprus Sinking
In-depth analysis with FP
Upgrade. Höegh Autoliners Bets $50m on GPS-Proof Fleet: The Tech Shielding 38 Ships
The ro-ro giant equips its entire fleet with PntGuard™ to counter GPS jamming and spoofing on global routes.
Somali piracy resurges: 14 pirates killed in Turkish-led ship rescue
A 10-day joint operation by Somali and Turkish forces freed the hijacked Lutuf.
Piracy. 14 Somali Pirates Killed as Turkish Commandos Storm Hijacked Ship
Shipwrecks
Shipwrecks. 500-Tonne Flood Nearly Sank Ferry After Jetty Collision—MAIB Report
Stena Estrid’s hull was holed during berthing at Holyhead Port, flooding its engine room with 500 tonnes of water.
Conflicts. Russian Ghost Ship Drifts 300 Miles After Drone Strike—Then Washes Up
Vanino port. Russian Trawler Sinks in Uruguay: 41 Crew Safe as Oil Spill Fears Rise
Fuel transfer. Russian Fishing Vessel Sinks in Montevideo: Fuel Error Blamed
Headlines
Offshore. Aker Solutions hands CEO reins to Paal Eikeseth amid $8bn order book
Norwegian engineering giant names Paal Eikeseth as chief executive with immediate effect, replacing Kjetel Digre.
Strait. Three projectiles strike tanker in Hormuz: Why oil markets are on edge
A Liberia-flagged tanker was struck by three unknown projectiles 17 nautical miles east of Khasab, Oman.
Antarctica. Bird Flu Fear Forces First-Ever Evacuation of Macquarie Island Station
Conflicts. Royal Navy Forces Russian Warships to Reroute
Conflicts
Conflict. US Strikes Iran as Eight Sea Mines Headed for Hormuz’s Oil Chokepoint
US Central Command destroyed two IRGC rocket launchers on Larak Island.
Conflicts. Iran’s Mine Claims Exposed: CENTCOM Calls Out Strait of Hormuz
War. Black Sea shipping under fire: Two abandoned vessels wash up on Turkish
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Ports. Suez Canal Traffic Rebounds as Shippers Ditch Cape of Good Hope
Container crossings through the Suez Canal are steadily increasing.
Panama Canal. Panama Canal’s $5.3m Slot Auction: Who Pays—and Why?
Neopanamax operators face a new booking system as drought cuts daily transits to nine from September 3.
Shipyards
Shipyards. Döhle doubles down: two more 14,000 TEU giants ordered from China
German owner Peter Döhle Schiffahrts has returned to Hudong-Zhonghua for a fresh pair of 14,000 TEU methanol-ready.
Shipyards. Singapore bulker giant locks in 10-year yard deal for 325,000 dwt fleet
Economy & Markets
Stock MarketsImage Credits: Wikipedia (FP)
Defence. Sweden’s $5bn Naval Gamble: Why These Frigates
Stockholm signs €4.3bn contract with Naval Group to acquire four next-generation frigates by 2030.
Logistics. ShipStation breaks ground with first LTL-parcel integration for SMEs
E-commerce platform now offers 75 less-than-truckload carriers alongside parcel services in single interface
Star Bulk. Star Bulk’s €100m Athens listing: Why Wall Street’s bulker king
The dry bulk giant targets €100m ($116m) share offering alongside Euronext Athens debut next week
World Economy
Diplomacy. Trump Renames Lake Ontario ‘Lake America’—Canada Vows to Ignore It
U.S. President signs executive order amid escalating trade war with Canada, sparking transboundary tensions.
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
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. Diesel futures hit $4.62/g—highest since Iran strikes rattled global supply
ULSD October contract surges 4.85% in a single session as Middle East crude disruptions tighten inventories ahead of.
Energy. TotalEnergies exits Arctic LNG 2: $1.3bn gamble amid US sanctions
French major transfers 10% stake to Novatek subsidiary NordLine, severing all ties with Russia’s $21bn project
Renewables
Renewables. Singapore-Brazil corridor: the 10th link
Singapore and Brazil sign agreement to develop zero-emission marine fuel supply chains and digital port exchanges.
Renewables. $120m Wind Lease Scrapped: California Sues Over Offshore U-Turn
FP Week Week 36 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Storm Warnings Linked to 85% of Maritime Distress Calls
Inmarsat’s new platform analyses 107,000 safety broadcasts to pinpoint risks from weather, geopolitics and GPS spoofing.
Offshore. Vietnam revives decade-old oil field with 134-day offshore drilling blitz
PV Drilling deploys Borr Drilling’s Idun jackup for a three-well campaign in Blocks 01/97 and 02/97.
Offshore. $299m wind exit: SK ecoplant sells offshore unit to refocus on AI and chips
SK ecoplant offloads its 35.62% stake in SK Oceanplant to a South Korean consortium for $299m to cut debt and pivot to.
Offshore. Cotemar demands $59m from ABS in New York court showdown
Mexican contractor seeks to enforce $34.8m judgment plus interest against ABSG Consulting in New York Supreme Court.
Containers
Carriers. Thenamaris bets big on boxes: four 3,200 TEU ships ordered for 2028
Greek owner Thenamaris has placed an order for four 3,200 TEU containerships at China’s Hengli Shipbuilding.
Container freight. Container rates dip: Why shippers face a $2bn weekly shift
Drewry’s World Container Index falls 1% to $4,473 per forty-foot box as trans-Pacific spot rates slide.
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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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