Hudong-Zhonghua to double LNG carrier capacity by 2030 amid 57 orders
Hudong-Zhonghua plans to double LNG carrier capacity by 2030 with 57 orders, impacting global shipbuilding and LNG transport markets amid rising demand.
VLCC Rates Soar to 21-Year High After Hormuz Closure in March 2026
VLCC rates from Middle East to Asia hit 21-year high in March 2026 after Iran closed Strait of Hormuz, increasing voyage distances by 40% and operational costs.
U.S. Coast Guard RFI for 7 Light Icebreakers to Secure Icy Trade Routes
U.S. Coast Guard issues RFI for up to seven light icebreakers to replace ageing fleet and secure year-round navigation in icy waters like the Great Lakes, with costs over $100M per vessel.
Strait of Hormuz Visible Traffic Drops 80% in 24 Hours, Spurs ‘Dark’ Navigation
Strait of Hormuz AIS-visible traffic fell 80% to 16 vessels, with 427 ‘dark’ AIS-off events and GPS interference affecting 1,100+ ships, while oil exports divert via alternative routes.
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.