Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026
The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources, subsea cables and fisheries. Current plans include 1–3 heavy Polar Security Cutters (PSCs), 11 medium Arctic Security Cutters (ASCs), seven Homeland Security Cutter (HSC) HSC-L (light) icebreakers, 11 HSC-Ms (medium) and one additional heavy HSC-H (heavy).
France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos
CHICAGO — July 30, 2026 — The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines and leveraging the region's unmatched manufacturing ecosystem, according to U.S. Maritime Administrator Stephen M. Carmel.
U.S. President Donald Trump's move allowing foreign-flagged cargo ships to move fuel and other goods between domestic ports has so far had little impact on American oil supply, according to trade data and analysts who noted that U.S. refiners and shippers are earning more profits sending fuel overseas.
Dorian LPG took delivery of its 93,000 cubic meter (cbm) dual-fuel newbuilding named Areion an LPG and ammonia very large gas carrier (VLGC/AC) from Hanwha Ocean Heavy Industries Co., Ltd. at the Okpo Shipyard in South Korea. Areion will commence employment on charter under the Helios LPG Pool, an entity jointly controlled by Dorian LPG Ltd and MOL Energia Pte Ltd.
Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas
In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.Under the terms of the merger agreement, Hapag-Lloyd will acquire ZIM for $35.
Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), Energia Grandeur.The vessel was ordered by MOL group company MOL Energia from Hyundai Samho Heavy Industries, with delivery taking place off Mokpo port in South Korea on January 29, 2026.
The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian submarine and warship were close by, two U.S. officials told Reuters on Wednesday.The seizure, which could stoke tensions with Russia, came after the tanker, originally known as the Bella-1, slipped through a U.S.
Iran confirmed on Saturday that its Revolutionary Guards had seized a tanker in Gulf waters carrying a cargo of petrochemicals bound for Singapore over alleged violations, Iranian state media reported.A U.S. official and maritime security sources had said on Friday that Iranian forces intercepted the oil products tanker and diverted it into Iranian territorial waters.
Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project.Fraser made the announcement on behalf of Tim Hodgson, Canada’s Minister of Energy and Natural Resources