Industry
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technology · June 29, 2026
Honeywell Aerospace launches as an independent Nasdaq-listed company, while a new market report projects the UAV jammer sector will nearly quadruple to $5.90 billion by 2031, reflecting growing security concerns across aviation and maritime domains.
energy · June 29, 2026
A joint development agreement between PowerBank Corporation and Nodiac.ai highlights growing interest in co-locating AI compute infrastructure with distributed energy assets, a trend with potential implications for port and maritime energy operations.
freight · June 29, 2026
The ship recycling market is transitioning from a period of tonnage shortage to a potential capacity crunch, with easing Iran sanctions and a possible return to Red Sea transits threatening to compress scrap prices.
news · June 29, 2026
Britain announces a strategic shift away from traditional destroyer replacements in favour of drone-centric combat vessels, while frontline personnel continue to navigate escalating pressure in the Taiwan Strait.
safety · June 29, 2026
InterManager president Sebastian von Hardenberg argues that the ongoing crisis in the Strait of Hormuz poses a profound challenge not just to freight markets and energy security, but to the fundamental trust relationship between shipmanagers and vessel owners.
safety · June 28, 2026
A helicopter operated by Saudi Aramco crashed Sunday at Ras Tanura, one of the world's largest oil export terminals, killing all 14 people on board in a tragedy that has sent shockwaves through the energy and maritime sectors.
ports · June 28, 2026
The Port of Brownsville has finished a major $295 million ship channel deepening initiative, significantly enhancing the Texas port's capacity to handle larger vessels and boosting its competitive position along the Gulf Coast.
safety · June 28, 2026
The United States military carried out fresh strikes against Iran following an attack on a tanker in the Strait of Hormuz, significantly escalating tensions in one of the world's most critical maritime chokepoints.
freight · June 28, 2026
Progressive Insurance may require some small trucking fleets to switch electronic logging device providers, reflecting a growing trend of insurers leveraging telematics data as a core underwriting tool rather than a simple discount incentive.
freight · June 27, 2026
Trucking giant Prime Inc. is challenging the IRS over $11 million in fuel tax credits on diesel consumed by trailer refrigeration units, a legal battle that could benefit small and mid-sized reefer operators across the industry.
safety · June 27, 2026
Sweden moves to militarise its civilian coast guard vessels amid rising Baltic tensions linked to Russia, while a new report exposes the environmental damage wrought by Miami's superyacht influx on local marine ecosystems.
safety · June 27, 2026
A second merchant vessel has been hit while transiting the Strait of Hormuz, deepening concerns over commercial shipping safety as the U.S.-Iran crisis intensifies in one of the world's most critical maritime chokepoints.
safety · June 27, 2026
A tanker has been struck in the Strait of Hormuz as naval authorities raise the regional threat level, even as Saudi Arabia ramps up crude exports through reopened Gulf ports and commodity traders move to clear stranded cargoes.
energy · June 27, 2026
Shell has announced a $5 million humanitarian aid contribution in response to a series of devastating earthquakes that struck Venezuela, expressing solidarity with affected communities and families.
safety · June 27, 2026
The world's merchant fleet is growing older at an accelerating pace, with Allianz Commercial cautioning that mounting safety risks are emerging as shipowners face significant barriers to fleet renewal.
safety · June 27, 2026
The Strait of Hormuz is emerging as a critical flashpoint for global maritime trade, with Iran accused of attacking commercial shipping, Oman signalling potential transit fees, and the U.S. Coast Guard bolstering its offshore logistics capabilities in response to sustained operational demands.
news · June 27, 2026
Carnival Cruise Line has announced a sweeping fleet-wide dining upgrade programme, with new restaurants and bars set to debut aboard Carnival Festivale in 2027 and Carnival Tropicale in 2028.
safety · June 27, 2026
The IMO estimates approximately 80 mines are present in the Strait of Hormuz's historic shipping lanes, while Iran has reasserted its authority over vessel traffic through the critical waterway amid ongoing regional tensions.
energy · June 27, 2026
Brazilian sanitation company Aegea Saneamento has announced R$1.7 billion in new long-term financing, aimed at diversifying its funding base and extending its debt maturity profile to underpin its broader infrastructure investment plan.
freight · June 26, 2026
Escalating tensions in the Strait of Hormuz are redirecting global shipping flows, with the Panama Canal poised to exceed its $5.2 billion revenue forecast as vessel traffic through the Persian Gulf chokepoint declines following an attack on a Taiwanese-operated ship.