Cosco Shipping Development Orders 15 New Bulk Carriers, Expanding Fleet
Cosco Shipping Development has ordered 15 new bulk carriers, increasing its total newbuilds for the year to 49 vessels.
Container, dry-bulk, tanker and project-cargo coverage. Reformulated and entity-tagged daily from leading maritime publishers.
Cosco Shipping Development has ordered 15 new bulk carriers, increasing its total newbuilds for the year to 49 vessels.

WorldCargo News offers a 25% discount on its 2026 STS Crane Survey for new subscribers
The FMC is expanding its regulatory scope, potentially investigating China's detention of Panama-flagged vessels.

India is increasing its scrutiny of sanctioned vessels seeking recycling, creating new obstacles for owners.

Turkey and Azerbaijan have issued protests after a vessel suffered severe damage in an unspecified incident.

MarAd emphasizes the Great Lakes' crucial role in revitalizing US maritime industry and national industrial capacity.

A Houthi strike reportedly caused a Saudi refinery to halt operations, with disruptions projected until mid-August.
Saudi Arabia's changing crude oil shipping strategy is poised to significantly reshape the Middle East tanker market.
A new super typhoon is expected to disrupt port operations in Taiwan and China, worsening existing congestion
A new North-East Atlantic Emission Control Area will enforce a 0.1% sulphur cap on marine fuel.
INTERCARGO members' dry bulk fleets consistently outperform global averages in safety and compliance, according to a new report
United Maritime Corporation posted $10.0 million in Q2 2026 net revenues and declared a $0.10 dividend
MarineTraffic introduced new features in July 2026, including dark port call risk detection and Strait of Hormuz monitoring.
Teekay Tankers Ltd. announced its best-ever quarterly adjusted net income for Q2 2026, fueled by higher spot tanker rates
Attacks on commercial vessels in critical waterways are disrupting global trade, increasing costs, and altering shipping routes
Britannia P&I Group posted a $60.9 million profit for 2025/26, backed by solid investment gains and an improved combined ratio
NYK is investing in MidOcean Energy to expand its LNG value chain presence and strengthen marine transport partnerships.
Houston's bunker fuel market shows strong demand, with decent availability and varying lead times for different fuel types
China's coal-fired power generation fell below 50% of total electricity for the first time, signaling a green energy transition
Shell achieved strong quarterly results despite severe energy market disruptions, maintaining disciplined capital allocation and strategic…
Qatar's LNG exports reached a record 81.5 million tonnes in 2025, securing an 18.7% global market share
Wheat prices climbed over 3% as escalating Russia-Ukraine hostilities disrupt Black Sea grain exports
ArcelorMittal, a global steel and mining firm, released its Q2 2026 results, emphasizing ongoing safety enhancements

Gulf stock markets fell as U.S. military actions against Iranian targets heightened regional tensions.

Saudi Arabia proposes a new multinational maritime defense coalition to protect Red Sea shipping lanes from Houthi attacks
DOF Group has secured two AHTS vessel contracts, each valued at $15-25 million, starting in Q1 2027.

Seanergy Maritime announced record Q2 and H1 2026 profits, with substantial returns to shareholders.

The Port of Gulfport, with SSA Marine, commissioned a new Liebherr LHM 550 hybrid mobile harbor crane to boost cargo handling

Fincantieri achieved record first-half earnings, largely driven by its growing involvement in U.S. naval shipbuilding projects

Saudi Arabia plans a multinational maritime defense coalition to protect Red Sea shipping after Houthi attacks disrupted trade
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