Wan Hai Achieves 18.9% Operating Margin as Container Sector Falls to 5.3% in Q4 2025
Container shipping’s operating margin fell to 5.3% in Q4 2025, with Wan Hai leading at 18.9% due to intra-Asia trade and a young fleet of 9 years average age.
Russian Submarine Fleet: 120 Years, 70 Vessels, Fifth-Generation Tech
Russian Submarine Fleet celebrates 120 years with 70 vessels, including 16 SSBN, advancing fifth-generation tech for maritime deterrence and innovation.
BIMCO film campaign urges protection for 1.5M seafarers amid rising risks
BIMCO launches a film campaign to protect 1.5 million seafarers from escalating geopolitical risks, calling for government action to enhance maritime security and operational safety.
Samsung Heavy Industries secures $577M LNG carrier deal with three March orders
Samsung Heavy Industries signs 770.1 billion won deal for two LNG carriers, totalling three orders in March, highlighting energy transition demand.
Bath Iron Works Strike: 627 Technicians Halt Key U.S. Navy Ship Contracts
Strike by 627 BMDA union members at General Dynamics Bath Iron Works halts production, risking delays in Arleigh Burke-class destroyer deliveries and increasing U.S. defence costs.
Palamós Port Seeks Mallorca Ferry Route After Cartagena and Gandía Failures
Palamós Port explores ferry link to Alcúdia, Mallorca, using existing cruise and ro-pax infrastructure after failed attempts in Cartagena and Gandía.
Unencrypted AIS and Satcom Data Expose Global Shipping Fleet to Risks
Thousands of ships broadcast unencrypted AIS data daily, exposing global maritime security. Learn about vulnerabilities, 10-20% operational slowdowns, and €50k-100k upgrade costs.
Cadeler’s Nexra Wins 2026 Taiwan O&M Deal with Wind Maker Vessel
Nexra secures a 3-year O&M contract in Taiwan for 2026, using the Wind Maker vessel for two offshore wind farms, enhancing Cadeler’s position in Asia’s renewable energy market.
IMO Condemns Strait of Hormuz Attacks and Demands Safe-Passage Framework
IMO condemns attacks on merchant vessels in the Strait of Hormuz, urging a safe-passage framework to safeguard 20-30% of global oil shipments.
Russia adds 3 aged LNG carriers to dark fleet via Sierra Leone reflagging
Russia expands LNG dark fleet with 3 reflagged carriers from Sierra Leone to evade sanctions, involving 20-year-old vessels and operational repositioning without cargo.