Cruise Industry's $10.4 Billion Newbuild Wave: 15 Ships to Deliver in 2026
15 cruise ships worth $10.4 billion delivering in 2026, adding 31,905 berths with six LNG-powered vessels leading the environmental push.
Gulf of Mexico Offshore Wind Auction Set for 2026 as BOEM Confirms Competitive Interest
BOEM confirms competitive interest for two Gulf of Mexico wind lease areas totaling 730,000 acres, auction planned for 2026.
Trump Administration Unveils 'Restoring America's Maritime Dominance' Action Plan With $66B Fee Proposal
Trump administration releases sweeping maritime action plan with $66B foreign vessel fee to rebuild American shipbuilding.
Ocean Power Technologies Scales Autonomous Maritime Systems Amid Rising Global Tensions
OPT scales autonomous maritime systems from prototype to production, securing Coast Guard contracts amid rising global tensions.
NIMASA Launches National Maritime Decarbonization Action Plan Under IMO Framework
NIMASA launches national maritime decarbonization plan under IMO GreenVoyage2050 framework at Lagos workshop.
Japan's Shipping Giants Quietly Suspend Persian Gulf Operations
NYK, MOL, and K Line suspend all Hormuz transits in unpublicized move that threatens Japan's energy security and 90% of its crude oil imports.
US Port Imports Forecast to Plunge 16.8% in March
US container ports forecast 1.79 million TEU in March, down 16.8% YoY, as tariff uncertainty and weak demand drive the steepest import decline since 2020.
Navigator Gas Secures $133.7M for Two Newbuild Ethylene Carriers
Navigator Holdings secures $133.7M term loan for two ethylene carriers at Jiangnan Shipyard, expanding its position in the growing petrochemical gas trade.
VLCC Tanker Rates Surge Past $200,000 Per Day on Hormuz Crisis
VLCC earnings explode past $200,000/day as Strait of Hormuz crisis strands 40 supertankers and forces wholesale reorientation of global crude oil trade.
EU Expands Shadow Fleet Blacklist with 43 Additional Vessels
EU's twentieth sanctions package designates 43 more shadow fleet vessels and tightens maritime service restrictions to combat Russian oil sanctions evasion.
US Treasury Sanctions 30+ Entities Over Iran Oil Network
OFAC designates 30+ individuals, entities, and vessels facilitating Iranian petroleum exports in the most comprehensive single sanctions action against Iran's oil network.
Belgium Seizes Russian Shadow Fleet Tanker in North Sea Raid
Belgian Navy intercepts Cameroon-flagged Ethera in the North Sea, marking a major escalation in EU enforcement against Russia's sanctions-evading shadow fleet.