
Seafarer Happiness Falls Amid Persian Gulf Conflict
The Seafarers Happiness Index fell sharply in Q1 2026 as Persian Gulf conflict increased safety fears, supply shortages and stress for crews.

The Seafarers Happiness Index fell sharply in Q1 2026 as Persian Gulf conflict increased safety fears, supply shortages and stress for crews.

South Korea launches a national council to connect shipbuilding and shipping, with LNG cooperation and AI autonomous vessel plans.

India is strengthening its shipbuilding base through a landmark CMA CGM order, AI logistics investment, defense yard progress, and new policy support in Tamil Nadu.

MOL enters the European offshore wind support vessel sector through an investment in two CSOVs with Schoeller Holdings and a partnership with Deutsche Offshore Schifffahrt.

Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.

Altera Infrastructure announced with sadness that CEO Ingvild Sæther passed away on 27 October, following more than three decades of service in the maritime and offshore sector.

Korea’s major shipbuilders posted strong Q3 2025 earnings, but rising container ship orders and Chinese price competition have raised profitability concerns.

Nakilat strengthens financial flexibility through Korean financing for 25 LNG newbuildings, first delivery by end-2026.

Greece strengthens its commitment to shipbuilding and island investment, upgrading ONEX Shipyards Syros under its Strategic Investment Framework.
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