Shipping
958 Ships Stranded: How Gulf Biofouling Is Costing Millions
Over 600 vessels idle for 100+ days in the Arabian Gulf face severe biofouling.
Business
$83m Aframax Sale Shakes Tanker Market as Aegean Bets Big on VLCCs
Greek owner Aegean Shipping Management sells 2022-built Green Adventure for $83m amid record tanker values.
Shipwrecks
76 Dead as Philippine Ferry Fire Exposes Maritime Safety Crisis
The Philippine Coast Guard recovers 76 bodies from the burned-out ro/ro ferry June Aster, now aground off Palawan.
World Economy
Shipping’s $10bn data deluge: why 90% of vessel insights vanish
Maritime’s decade-long sensor spree has generated terabytes—yet less than 10% of vessel data triggers action.
Headlines
$230K in dimes stolen: How a Philadelphia theft ring targeted parked trucks
A 33-year-old man received 121 months in prison for his role in a $1.5 million cargo theft operation.
Renewables
Ammonia-Fuelled Ships Hit 46 Orders as Industry Bets on Zero-Carbon Future
CMB.TECH and Fortescue sign charter for 12 ammonia-capable Newcastlemax bulkers.
Conflicts
Strait of Hormuz strike kills seafarer as shipping war escalates
One crew member dead and several wounded after unidentified projectile hits vessel near Qeshm Island
Conflicts
BrahMos Missiles vs Chinese Warships: How the Philippines Just Redrew
U.S. and Philippine Marines test $375m supersonic missiles in simulated strike on PLAN destroyers off Luzon.
Conflicts
VLCC Rates Smash $800,000/Day as Hormuz Shuts Down
Middle East conflict sends VLCC earnings to record $800,000 per day on AG-Far East route
Conflicts
UK Defence Cuts Leave Royal Navy With Just Two Operational Submarines
The Royal Navy’s Astute-class fleet is collapsing, with only two of seven submarines potentially operational.
