Shipbuilding. Spain’s shipyards win €3bn orderbook boost
Royal Decree lets approved projects amend subsidies if contracts or financing change before delivery.
- Investigation. 10 Missing After Tanker Collision: Captain and Officer Charged
- Defence. German Counter-Drone System Passes 48 Tests
In-depth analysis with FP
War. Iran Sinks US Tanker as Strait of Hormuz Closes: Who Controls
Iran’s IRGC Navy claims it turned back three tankers and sank a US vessel.
ICTSI Pays Secret Price to Lock Down Southern Africa’s Trade Lanes
Philippine terminal giant ICTSI buys 100 % of The Logistics Group, adding bulk and agri-cargo to its African footprint.
Conflicts. Somali piracy resurges: 14 pirates killed in Turkish-led ship rescue
Shipwrecks
Shipping. 10 Lives Lost as Turkish Cargo Ship Vanishes in 11 Minutes
The 4,200-tonne vessel carrying rolled steel sank after crashing into a tanker, leaving all 10 Turkish crew missing.
Busan. Six missing as tug capsizes in Busan: What went wrong off South Korea’s
Penang Port. 21 Injured as Ferry Rams Tanker Near Penang Port in Night Collision
Missing. 10 Turkish Sailors Vanish as Cargo Ship Sinks in 11 Minutes
Headlines
Oil War. US Destroys 8 Iranian Tankers After Missile Strikes on Navy Ships
Eight Iranian crude carriers disabled or destroyed since September 5 as Strait of Hormuz effectively shuts down.
UK Busiest. Masked Protesters Shut Down UK’s Busiest Ferry Port—What’s Next?
Hundreds of demonstrators disrupted Dover’s operations for hours, demanding stricter controls on Channel crossings.
Shipping. Turkish Tanker Crew Arrested After Deadly Collision Claims 10 Lives
Asian Games. 4,000 Athletes to Live on Cruise Ship at 2026 Asian Games—Here’s Why
Conflicts
War. Drone strike on Russian ro-ro Lady Mariia exposes Mediterranean war at sea
A 7,184 dwt Russian-flagged vessel was hit by drones near Crete while sailing toward Syria.
Drug Trafficking. Three-Tonne Cocaine Bust: How a Narco-Boat Flee Turned Into Spain’s Latest
Defence. Japan’s Hypersonic Submarine Missiles: A Mach 5 Game-Changer in the Pacific
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Ports. Panama Canal dodges draft cut as rains buy vital time for shipping
The Panama Canal Authority maintains the maximum authorised draft at 14.63 m after Gatun Lake levels improve.
Drought. Panama Canal Dodges Draft Cut—But El Niño Looms Over Shipping
Neopanamax locks keep 48-foot draft as Gatun Lake holds steady—yet WMO warns of a "supersized" El Niño through 2027.
Shipyards
Shipyards. India’s $75bn Shipping Bill Sparks German Design Deal for 51 New Vessels
India partners with German firm Neptune Ship Design to build specialised container.
Shipyards. Hamburg owner doubles down with two more 49,500 dwt tankers at GSI
Economy & Markets
Stock Markets(FP)
Shipyards. US Bidder Threatens Hanwha’s $1.2bn Austal USA Takeover
Wildcat Infrastructure enters race for Austal’s US operations, complicating Hanwha’s $1.05–1.2bn bid
25,000 visas revoked: Mexican truckers blockade US border
Mexican truckers staged a protest at the Mexicali-Calexico crossing.
Business. Logistics giant sues rival for poaching staff and trade secrets
Imperative Logistics files federal lawsuit alleging coordinated theft of customer data and pricing strategies by AMX.
World Economy
Ai maritime. AI Saves $120,000 in Seconds: The Maritime Sector’s Digital Crossroads
Dubai-based Marcura’s AI tools flagged four critical contract omissions.
Federated data. Intermodal Transport Leaders Demand Data Revolution to Cut Costs
Over 100 industry leaders at Sweden conference call for federated data sharing to boost competitiveness by 2027.
World Economy. US rail freight surges 11% on steel demand: what’s driving the boom?
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. Diesel hits record $5.85/gallon as Hormuz tensions choke supply
US retail diesel prices surge past 2022 highs after Ukraine drone strikes cripple Russian refining
World First. World’s First Battery Bulker Cuts Diesel by 500,000 Litres a Year
The 125-metre MV Yampu replaces a diesel vessel and boosts Adbri’s limestone capacity by 35%.
Renewables
Fuel efficiency. Green Shipping’s Best Bet? Efficiency Over Fuel, ABS Warns
ABS sustainability chief says fuel efficiency cuts costs now—while future fuels wait for demand
Offshore. DOF lands North Sea floating wind deal: what’s next for offshore
FP Week Week 37 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Offshore. $58m Petronas deal: How Ventura’s new drillship reshapes Southeast Asia’s
Ventura Offshore secures a $58m one-well drilling contract with Petronas.
Offshore. BP bets on vessel-based stimulation to revive North Sea output
Baker Hughes deploys StimFORCE package to boost BP’s mature UK North Sea fields without fixed infrastructure
Shipping. Why the Most Experienced Ship Captains Are the Biggest Risk at Sea
A master mariner warns that decades of experience can breed dangerous overconfidence on the bridge.
Defence. India’s Submarine Gap: Three Kilos Face Scrapyard as New Fleet Stalls
Indian Navy may decommission three ageing Kilo-class submarines within five years.
Containers
Shipping. 46 Containers Overboard: Philippine Shipping Lane on High Alert
Philippine Coast Guard deploys drones and vessels after 46 empty containers fall from Span Asia 39 near Batangas
Collapsible shipping. GCC Ports to Save 75% Space with Collapsible Containers: GenFlat’s
GenFlat’s collapsible shipping containers stack four-high when empty, cutting storage needs by 75% in GCC ports.
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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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