Shipping
Sweden’s $5bn Naval Gamble: Why These Frigates
Stockholm signs €4.3bn contract with Naval Group to acquire four next-generation frigates by 2030.
Energy
$2.7bn Vietnam LNG project banks on offshore expertise—AFRY steps in
Swedish engineering group AFRY joins $2.69bn Thai Binh LNG-to-power development.
Energy
Shell’s LNG breakthrough: Chinese FLNG now packs elite tech
Wison New Energies secures Shell’s Dual Mixed Refrigerant tech for floating LNG projects, unlocking 2.4m tpa capacity
Ports
Fire on Mumbai Port Crane Injures Two as 140-Tonne Cargo Shifts
A technical failure during unloading operations at BPS Port sparked a blaze that left two workers hospitalised.
Headlines
Three projectiles strike tanker in Hormuz: Why oil markets are on edge
A Liberia-flagged tanker was struck by three unknown projectiles 17 nautical miles east of Khasab, Oman.
Business
Lila Global pays $24.5m premium for second suezmax as values soar
The 156,700 dwt Cape Benat joins Lila Global’s fleet for $62.5m, marking a 53% jump on its 2024 sale price.
Ports
140-Ton Lift Gone Wrong: Mumbai Port Fire Injures Two Crane Operators
A failed cargo strap during a 140-metric-ton lift caused a truck crane to topple.
Conflicts
Iran Downs US Drone in Hormuz: What It Means for Global Shipping
Iran’s Revolutionary Guard claims to have shot down a US MQ-9 Reaper drone over the Strait of Hormuz.
Business
Helix-Hornbeck merger creates $75m offshore giant—what changes on day one
New York-listed Hornbeck Offshore now controls 55% of the combined fleet and subsea services business.
Shipyards
Döhle doubles down: two more 14,000 TEU giants ordered from China
German owner Peter Döhle Schiffahrts has returned to Hudong-Zhonghua for a fresh pair of 14,000 TEU methanol-ready.
