Ship Recycling Market Sees Limited Activity in Week 29, 2026
The ship recycling market saw limited activity, with few sales as cash buyers' interest waned.
Container, dry-bulk, tanker and project-cargo coverage. Reformulated and entity-tagged daily from leading maritime publishers.
The ship recycling market saw limited activity, with few sales as cash buyers' interest waned.

A new proposal would halve aluminum import tariffs for companies that build manufacturing facilities in the US.

New ultra-large container vessel deliveries are expected to cause unavoidable overcapacity in deepsea shipping networks.

Mammoet utilizes a custom transport system for oversized offshore wind monopiles at the Port of Argentia, adapting to larger foundation…

Renewed hostilities in the Strait of Hormuz are undermining shipping confidence, making the critical oil chokepoint dangerous.

Two Saudi crude tankers reversed course in the Red Sea after Houthi threats, disrupting shipping through vital chokepoints

The Panama Canal is curbing vessel booking slots due to water scarcity, creating new challenges for global trade flows
Wallenius Wilhelmsen's M/V Arctic Tern received its first green methanol bunkering in Shanghai, advancing decarbonization.

IEA warns that Middle East hostilities are increasing concerns regarding the stability of global oil supplies and prices

Valenciaport saw container imports rise over 11% in H1 2026, boosting throughput despite softer exports

A geophysical survey has begun for the Bellrock floating wind farm's export cable corridor to gather seabed data

NYK completed its acquisition of Saga Welco, bolstering its dry bulk and breakbulk shipping portfolio with specialized open-hatch vessels

Hepburn and Sons LLC is investing $18 million in a new 27,000-square-foot corporate headquarters in Virginia, creating 80 jobs

Nakilat's H1 2026 net profit slightly decreased to QAR 857 million, impacted by regional geopolitical tensions

The US Navy is significantly growing its unmanned vessel fleet, with technology companies vying to provide advanced solutions

A new intermodal rail service from Rotterdam to Munich aims to cut road mileage and emissions for trailer transport.
New import tariffs are reportedly imminent from the Trump administration, affecting numerous countries despite economic warnings

Fincantieri will operate Qatar's naval Training and Simulation Centre for three years, extending its support after vessel delivery
Qatar's Ministry of Transport has lifted maritime navigation restrictions along its coast, effective immediately.
A fire aboard the LPG carrier Gas Lisbon in the Black Sea off Romania prompted crew evacuation and rescue operations.
Piraeus Port Authority and the National Technical University of Athens signed an MoU for sustainable port development and technological…
Saudi Arabia and the UAE are expanding pipelines to reduce reliance on the Strait of Hormuz, with new capacity by 2027
LSMGO's premium over biofuel has grown, influenced by EU ETS and FuelEU Maritime compliance costs in major bunkering hubs
Renewed hostilities between Iran and the US are raising concerns about the global energy market and broader economic stability.
The UP World LNG Shipping Index rose 2.47% to 200.42 points, recovering above the 200-mark last week.
CPC Corporation has temporarily stopped new LSMGO nominations at Kaohsiung Port due to a tight barge schedule and order backlog
Indian ports are projected to see 7-9% CAGR in container traffic through FY28, driven by economic factors and containerization
The Port of Savannah's Ocean Terminal renovation is 55% complete, set to increase container capacity to 1.75 million TEUs annually
India and Indonesia will jointly develop Sabang Port, enhancing maritime cooperation and providing a strategic foothold near the Malacca…
More industrial action could affect Western Australia's iron ore operations after workers at BHP's Port Hedland terminal recently walked…
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