Oil Spill. UAE Shuts All Beaches After Tanker Spill Covers 100km² Near Coast
Umm Al Quwain, Ras Al Khaimah and Sharjah beaches remain closed.
- Telecoms. Philippines Defies Beijing With Taiwan Cable Pact
- Defence. Norway Leads NATO’s Largest Naval Procurement in Decades
In-depth analysis with FP
Conflicts. Seven tankers hit in Hormuz: Iran’s warning sparks oil market panic
Iran claims seven oil tankers were damaged overnight in the Strait of Hormuz, escalating tensions.
Five still missing as Borr jackup sinks off Gabon
Search teams locate three bodies as investigation into the Prospector 5 sinking continues
Ports. Sierra Leone takes control of its cargo with 50-ship fleet backed by China
Shipwrecks
Energy Crisis. 60-Square-Mile Oil Slick Chokes UAE Coast as Iran Escalates Hormuz Strikes
A 60-square-mile oil slick forces UAE beach closures while Iran ramps up tanker attacks ahead of US midterms.
Shipping Safety. 354 Enclosed Space Deaths: Why Seafarers Still Die in Ships’ Hidden Traps
Strait. 6,000 seafarers trapped in Hormuz as attacks hit 24 ships in two weeks
Energy. Hormuz tanker fire: 21 Indian seafarers safe after projectile strike
Headlines
Conflicts. Fake ship registries kill seafarers: India’s union demands IMO crackdown
Three Indian crew killed after US missile strike on tanker with forged insurance papers, union says
Fraud. Feds unmask $12m cargo theft ring using hijacked trucking firms
US prosecutors charge Uzbek national in scheme that exploited stolen carrier identities to steal 24 shipments…
Energy. First Russian diesel tanker to US in 4 years sails after Trump-Putin deal
Rail innovation. $16.2M grant fuels first autonomous railcars on US short line
Conflicts
Maritime War. Black Sea overtakes Hormuz as deadliest shipping lane with 570 ships hit
40 seafarers killed in Black Sea attacks as Russia escalates strikes, pushing war insurance to 15% of hull value
Sanctions. Sanctioned Russian Tanker Slips Through UK Waters En Route to US
War Risk. Black Sea surpasses Hormuz as deadliest shipping lane
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Trade War. USTR Delays China Ship Fees Again as Trade Talks Drag On
Washington extends suspension of port fees on Chinese-built vessels until January 9, 2027, citing stalled negotiations.
Ports. TUI Cruise Ship Rams Two Containerships in Bremerhaven Storm
Mein Schiff 3 tore a 10-metre gash in MSC Victorine’s hull after strong winds pushed the 293-metre liner off course.
Shipyards
Shipbuilding. US Defence Investor Pours $350m Into Fraser Shipyards Amid Austal Bid
Wildcat Defense agrees to buy Wisconsin-based Fraser Industries.
Shipyards. US-Denmark pact slashes shipbuilding costs with Danish tech
Economy & Markets
Stock Markets(FP)
Offshore. Chouest Buys Horizon Maritime in Arctic Expansion Play
Louisiana-based Chouest Group acquires Canadian operator Horizon Maritime to strengthen its Arctic and East Coast.
Leadership. RINA names maritime veteran Moretti as new CEO amid expansion drive
Italian classification group taps internal candidate to steer growth after revenues more than double in five years.
Marine Tech. Wärtsilä and WinGD lock in decade-long engine support deal
New agreement guarantees global service for two-stroke engines under WinGD, Wärtsilä and Sulzer brands
World Economy
Energy. First Russian diesel tanker sails for US under Trump-Putin deal
A Malta-flagged tanker carrying 40,000 metric tons of ultra-low-sulfur diesel heads for New York.
FreightTech. AI and autonomous trucks steal the show at FreightWaves’ F3 Festival
FreightWaves’ F3: Future of Freight Festival returns to Chattanooga with AI.
Conflicts. China Accuses US Navy of Sabotaging South China Sea Stability
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Canada Eyes 50-MW Undersea Cable to Power Stressed European Grids
Ottawa explores transatlantic link to export tidal, wind and nuclear power to UK and Western Europe by 2030.
Energy. First Russian Diesel Heads to U.S. Since 2022 Ban: Why Now?
A 50,000 dwt tanker loaded 40,000 metric tons of Russian diesel at Primorsk.
Renewables
Decarbonisation. Green cruises to Alaska face $1.4bn cost gap: and passengers
A feasibility study reveals passengers could pay up to $480 extra per cruise to make the green methanol corridor viable.
ClassNK handbook guides onboard carbon capture for 2026 ships
FP Week Week 45 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Logistics. USPS slashes peak season delivery times to 2.5 days as volumes surge 40%
The U.S. Postal Service has hired 10,000 seasonal workers and installed 164 automated sorting machines to handle the.
Trucking’s Diesel Dilemma: Why eTrailers Beat Electric Semis
Range Energy’s whitepaper reveals eTrailers cut tractor fuel use by 36.5% with far less infrastructure than Tesla Semis.
Fleet Renewal. Oceania Sheds Third Ship as Luxury Fleet Overhaul Accelerates
Norwegian Cruise Line Holdings offloads 30,277 GT Insignia to Phoenix Reisen, cancelling eight cruises in the process.
Refit. Carnival Freedom Sheds 20 Feet to Conquer New Ports
The 20-year-old cruise ship has traded height for versatility in a first-of-its-kind modification to its iconic funnel.
Containers
Orderbook. HMM’s $1.4bn Bet on 13,000-TEU Ships Fuels Record Orderbook Fears
South Korea’s HMM orders eight dual-fuel vessels for Far East–Mediterranean route.
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.
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.