Ship Recycling Market Sees Steady Activity in Week 27, 2026
The ship recycling market saw steady activity in week 27, with increased tanker scrapping and stable demand for demolition tonnage.
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The ship recycling market saw steady activity in week 27, with increased tanker scrapping and stable demand for demolition tonnage.
Paradip Port in India has resumed vessel movements, while Hong Kong established new yacht anchorages.

Ukrainian forces reportedly attacked a dozen Russian "shadow fleet" tankers supplying fuel to Crimea over two days

A cargo ship in the Bass Strait lost steering for over eight hours as the crew could not use the backup system

FTAI Aviation and AEI are partnering to scale up Boeing 737-800 passenger-to-freighter conversions, aiming for lower costs.

H.Essers has acquired Palmer Logistics, marking its entry into the U.S. market and outlining plans for expansion
Disney Cruise Line joined the Methanol Institute, highlighting its focus on low-carbon fuels and sustainable maritime operations

A Dutch court denied a self-employed transporter debt restructuring due to an incomplete application, following a bankruptcy request.

A truck driver was sentenced to twelve months in prison for involvement in a 70kg cocaine smuggling attempt via Rotterdam.

The European Commission targets 35% EU-grown oilseeds and protein crops for animal feed by 2035 to cut import reliance
MSC is reportedly in talks to acquire a stake in Sri Lanka's Hambantota International Port, potentially boosting its terminal network.

Bahri Logistics has ordered two new offshore service vessels from Grandweld Shipyard to boost its specialized fleet.

The US government is formally assessing federal offshore waters for commercial space launch and spacecraft recovery operations

Lufthansa Cargo warns of potential airfreight shipment delays at Frankfurt and Munich airports due to longer handling times.

Slovenia's Port of Koper boosts its operational capacity with 17 new Terberg terminal tractors to handle rising container throughput

DHL Group has raised its full-year operating profit forecast after strong preliminary Q2 results, led by its express division.
A jury ordered R+L Carriers to pay $6 million to a family after a fatal truck crash in Illinois.

A third commercial tanker was reportedly struck by a drone near the Strait of Hormuz, according to UKMTO.

High costs, limited infrastructure, and resistance to green premiums are impeding the UK logistics sector's decarbonization.
FedEx Freight has enhanced its sales workforce and technology to improve customer experience and drive revenue growth.
A recent US jobs report points to ongoing labor market stagnation, with potential for negative growth ahead.

Hapag-Lloyd will deploy Inmarsat's NexusWave connectivity solution fleetwide after successful trials, boosting operational efficiency.
BigLift Shipping and CY Shipping christened the first of four new heavy transport vessels, expanding their capacity for project cargo
Pan Ocean has ordered two ammonia-ready VLCCs from CSSC, expanding its newbuilding program to seven vessels.

Rail infrastructure in the Port of Rotterdam is nearing capacity, especially in Botlek and Waalhaven, requiring efficiency measures
Heidmar Maritime acquired Dutch ship manager Q-Shipping for $200,000, expanding its technical platform and adding nine vessels

Oil prices rose after vessel attacks near the Strait of Hormuz sparked fears of supply disruptions through the vital route

Cologne police apprehended three suspects in a warehouse, recovering over 200,000 euros in stolen goods thanks to a GPS tracker.

Bulk carrier losses are decreasing, yet INTERCARGO warns of new, complex risks emerging in the maritime industry

Herba Ricemills automated its Seville warehouse, boosting productivity by 25% to support Ebro Foods' export growth in Africa and the…
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