Ports. India’s Largest Port Project: $2.7bn Tuna Tekra Terminal Breaks Ground
Essar Ports wins $2.7bn contract to build 18.33m-tonne multipurpose terminal at Kandla’s Tuna Tekra
- Strait. 6,000 seafarers trapped in Hormuz as attacks hit 24 ships in two weeks
- Decarbonisation. Maersk Tankers Bets €3.8bn on Ammonia-Fuelled VLACs to Cut 1.2m Tons CO₂
In-depth analysis with FP
Iran shadow. US Sanctions Law Firm for Creating Iran’s Shadow Fleet Shell Companies
The Treasury Department blacklists a Greece- and Panama-based firm for registering vessels carrying Iranian oil and.
DOF lands $25m African deepwater job as Skandi Acergy gears up for 2027
Norwegian owner secures subsea installation work in Africa with a 100-day campaign starting Q1 2027
Offshore. TGS reprocesses 14,691 sq km of Ivory Coast seismic data to lure majors
Shipwrecks
Shipping Safety. 354 Enclosed Space Deaths: Why Seafarers Still Die in Ships’ Hidden Traps
InterManager study reveals 354 enclosed space accidents since 1996 due to outdated procedures and poor training.
Energy. Hormuz tanker fire: 21 Indian seafarers safe after projectile strike
Maritime rescue. Missing bulker officer vanished after saving 28 from burning 11,800-TEU
Maritime Disaster. 77 Dead After Toxic Fumes Engulf Philippine Ferry June Aster
Headlines
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 worth.
Energy. First Russian diesel tanker to US in 4 years sails after Trump-Putin deal
40,000-tonne shipment departs Primorsk port under temporary US sanctions waiver, with more to follow.
Rail innovation. $16.2M grant fuels first autonomous railcars on US short line
Defence. US Navy Controls Drone 2,100 Miles Away in Carrier Aviation First
Conflicts
Sanctions. US Blockade Cuts Iran’s Oil Revenue by 40% as Land Routes Crumble
Washington’s naval blockade has redirected 138 vessels and slashed Tehran’s budget revenues.
Conflicts. USS Charleston Defies China’s South China Sea Claims in High-Stakes Passage
Cyberwar. Russian trawlers map UK undersea cables in 500+ surveillance ops
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Galveston Port Secures $1.18M to Lock Down Cruise and Cargo Zones
The Texas hub will deploy smart padlocks, mobile barriers and 24/7 video surveillance across its 840-acre footprint.
Tugboat. Boluda’s VB Marte: 83-tonne tug with 80% less NOx enters Mediterranean
The Damen ASD 2813 vessel, named in Genoa, delivers 83 tonnes of bollard pull and cuts NOx emissions by 80%.
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 MarketsKongsberg Maritime Plants Flag in Manila with New Office
Norwegian tech giant reinforces 30-year partnership with a permanent hub for simulation, training and customer support.
Leadership. RINA names insider Paolo Moretti as CEO after revenues double to €1bn+
Moretti takes the helm as the Italian classification group targets further expansion after five years of record growth.
Trucking. Knight-Swift’s 89% OR Outplays JB Hunt in Lukewarm Freight Market
Knight-Swift’s ruthless freight-shedding delivers an 89 operating ratio.
World Economy
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
Beijing claims USS Charleston violated its sovereignty near Sabina Shoal, escalating tensions in disputed waters.
Remote inspection. Remote inspections cut maritime deaths by 70%
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
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.
Energy. Pemex Spills Hit 100 a Year as Mexico’s Oil Nightmare Deepens
Mexico’s state oil giant reported nearly 100 offshore spills annually over the past four years.
Renewables
ClassNK handbook guides onboard carbon capture for 2026 ships
Japanese classification society publishes guidance covering technical.
Decarbonisation. Dual-Fuel Fleet Hits 500 Vessels as $200bn Investment Reshapes Shipping
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
Narcotics. $192m Ketamine Haul: Indonesia Seizes Mongolian Tanker in Record Drug Bust
Indonesian police intercept 1.16 tonnes of ketamine worth $192 million from a Mongolian-flagged tanker off North.
Battery-electric ferry. 40MWh ferry smashes records: China Zorrilla enters River Plate service
The 130m catamaran carries 2,100 passengers and 225 vehicles on the Buenos Aires–Colonia route with zero emissions.
Salvage Teams. Two Boxship Fires Rage On: Salvage Teams Battle Flames
HMM Platinum nears fire control while Espirito Santo Express remains adrift 1,000 miles from Brazil with active blazes.
Germany’s 1.5m-ton WWII munition dump threatens North Sea
Toxic chemicals from corroded bombs pose growing risks to marine life and food safety, Berlin warns
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.
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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
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