Featured News
CoreMarine Completes Hilli Episeyo FLNG Removal off Cameroon
CoreMarine has completed the removal of Golar LNG’s Hilli Episeyo FLNG off Cameroon ahead of upgrades in Singapore and its planned redeployment to Argentina.
Namura Shipbuilding Advances New Large Dock Plan in Japan
Namura Shipbuilding is advancing plans for a new large construction dock as Japan targets 18 million gt of annual shipbuilding capacity by 2035.
Projectile Strikes Leave Unmanned Cargo Ship Lost Off Yemen
An unidentified unmanned cargo ship has been declared a total loss after multiple projectile strikes in the southern Red Sea, about 40 nautical miles southeast of Al Mokha, Yemen.
Arabian Drilling Wins Oman Offshore Contract with Masirah Oil and Northern Offshore
Arabian Drilling has signed an Oman offshore contract with Masirah Oil and Northern Offshore for two firm wells and two optional wells, with work due to start before the end of Q3 2026.
16 Indian Seafarers on AM Pioneer Refuse Strait of Hormuz Transit
Sixteen Indian seafarers aboard the Marshall Islands-flagged AM Pioneer have refused to transit the Strait of Hormuz, while FSUI has called for Indian government intervention.
UKMTO Reports Vessel Hit by Projectile in Strait of Hormuz
A vessel was hit by an unidentified projectile while exiting the Strait of Hormuz, damaging its engine room and resulting in a crew casualty, according to UKMTO.
MPV Sentiment Reaches Four-Year High as Asia Tonnage Tightens
MPV and breakbulk market sentiment reached its highest level since 2022 in July 2026 as Asia tonnage tightened and Middle East port delays affected vessel schedules.
Trump Orders Fifth U.S. Navy Yard Plan, Opens Shipbuilding to Foreign Builders
The U.S. has ordered a plan for a fifth public Navy Yard while allowing qualifying foreign shipbuilders to build up to two initial vessels abroad before production shifts to U.S. yards.
Cargo Ship Lutuf Hijacked off Somalia
Cameroon-flagged cargo ship Lutuf was hijacked by eight armed people off Somalia on 17 August, amid continued opportunistic pirate activity along the Somali coast.