Shipyards. South Korea’s HJ Shipbuilding nails first US Navy repair
Mid-sized South Korean yard completes overhaul of USNS Amelia Earhart after six-month delay and expanded scope
- Defence Fraud. NATO Ship Supply Fraud: Five Arrested in €1m Bribery Scheme
- Missiles. North Korea Fires Two Submarine Missiles: Why This Test Alarms the Region
In-depth analysis with FP
Carbon War. UK ports slam EU carbon rules as threat to £1.3bn expansion
British Ports Association rejects Brussels claims that UK container growth is driven by ETS avoidance.
Somali Pirates Hijack 8 Ships as Global Piracy Hits 1992 Low
IMB reports 51 incidents in nine months, the lowest since 1992, but Somali gangs now account for 94% of hostage cases.
Shipyards. Morocco Scraps $300m Casablanca Shipyard Tender After Sovereignty U-Turn
Shipwrecks
Strait. Helicopter Rescue: Injured Seafarer Airlifted 44 Miles Off Oman
An Omani Royal Air Force helicopter evacuated a crew member from the merchant vessel JOHN K following an engine room.
Bosphorus strait. 6,000-Ton Chemical Tanker Drifts Toward Istanbul’s Historic Shoreline
Conflicts. Black Sea Attack: 3 Indian Seafarers Rescued After Ship Hit En Route
Shipping. US Coast Guard Rescues 55-Year-Old Crewman 86 Miles Off Hawaii
Headlines
Surveillance. Taiwan Deploys V-BAT Drones to Secure Its Maritime Borders
Taiwan’s Coast Guard receives its first V-BAT drones to enhance maritime domain awareness and law enforcement across.
Logistics fraud. $9.4m fraud verdict exposes COVID glove trade chaos
Jury finds Wyoming logistics broker liable for misrepresenting $800m PPE contract in failed $9.5m glove shipment
Shipping. COSCO locks in decade-long deal to ship Chinese cars worldwide
Cybersecurity. 38 maritime firms face $14m ransom deadline
Conflicts
Sanctions. Iran’s Oil Runs Dry as US Blockade Bites
Tehran’s floating oil stocks off China and Malaysia set to vanish by year-end, cutting off 90% of exports
Conflicts. Houthi Strikes Shut Riyadh Airport as Red Sea Shipping Thins
Shipping Disaster. Luxury Cargo Washes Ashore as GFS Pride Sinks in Hormuz
Opinion
Chong Suk LEE
NSR: Polar Silk Road
José Rafael Díaz
How growing global trade is changing routes, partners, and ports
Ports
Colombo Port. US Drops $17M on Colombo Port as China’s $350M Hub Collapses
Washington invests in digital systems while Beijing’s state-owned CM Ports walks away from a $350m logistics project.
Colombo Port. US Pours $17m Into Colombo Port as China Walks Away
Washington funds digital upgrades while Beijing abandons $350m logistics hub amid regulatory hurdles.
Shipyards
Defence. India’s first private-built naval vessel INS Samarthak enters service
The 3,750-tonne multipurpose vessel was commissioned at Karwar Naval Base on October 16, 2026.
Fincantieri Bets $100m on Robotics to Build the Shipyard of 2030
Economy & Markets
Stock Markets(FP)
Business. $2.1M fraud unravels: Trucking boss admits identity theft scheme
Hasan Korkmaz pleaded guilty to 18 counts after nearly 100 identities were stolen to fund a credit card bust-out scheme.
Fraud. Norway Arrests Five in €1M NATO Ship Contract Fraud Probe
Authorities suspect overcharging and bribery in contracts for shore-based services to NATO vessels.
Automation. AI startup Evos bags $9M to slash freight billing errors by 97%
Evos’ AI operators audit 3,500 invoices in two months, spotting $600,000 in discrepancies for a single brokerage.
World Economy
Digital. AskChief CEO: Shipping’s AI edge lies in deployment
The real advantage lies in how companies deploy AI, not the technology itself, says AskChief’s CEO.
Energy. Nord Stream trial: Did Ukraine order Europe’s biggest energy attack?
A former Ukrainian officer faces war crime charges over the 2022 Baltic Sea blasts that ruptured three gas pipelines.
Oil markets. US shadow fleet plan crashes tanker stocks: 17% of global tonnage at stake
World seaborne trade
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
Energy
Energy. Hong Kong’s First LNG Bunkering for Car Carrier: Why It Matters
Hong Kong delivered 2,600 cubic metres of LNG to a 7,000-vehicle PCTC in a six-hour operation.
IEA: Russian Diesel Won’t Ease Global Supply Crunch Until 2027
The International Energy Agency warns diesel shortages will persist into 2027, keeping prices at record highs.
Renewables
Carbon Capture. Norway’s Northern Lights CCS jumps to 5m tonnes: Worley Rosenberg lands
Subsea 7 awards Worley Rosenberg fabrication of subsea spools and structures for Phase II.
Renewables. Estonia’s First Electric Ferry to Cut Emissions
FP Week Week 44 · 2026
Everything Rallied Except The Yards That Build The Ships
Fifty-two of 54 tracked names closed higher on the session
Shipping & Offshore
Daimler’s 2027 Engine Gambit: No Pre-Buy, No Credits, Just Compliance
Daimler’s Detroit engine for 2027 shares two-thirds of its parts.
Aviation. F-35C Stealth Fighter Lands on Ford-Class Carrier for First Time
US Navy’s F-35C Lightning II completes milestone arrested landing aboard the future USS John F. Kennedy (CVN 79) in the.
Diplomacy. China’s 10,000-Ton Hospital Ship Docks
The Auspicious Ark arrives in Abidjan for a week-long medical mission as part of China’s Mission Harmony 2026.
Cruise Lines. Carnival Pulls Two Cruise Ships from Australia: What’s Next for the Market?
Carnival Adventure and Carnival Luminosa will leave Australia permanently in 2028.
Containers
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.
Container schedule. US-bound containers face 6-day delays as global schedules collapse
Global container schedule reliability hit 27% on-time in September, with Asia-to-North America delays nearing 7 days.
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.